July 2021 Financial Planning & Investment Newsletter

In This Issue: Financial Planning & Investing Newsletter July 2021

Each month we cover Financial Planning & Investing topics that apply to you.  We cover a variety of topics to point out timely information that applies to you.  See what’s in our Financial Planning & Investing Newsletter July edition!

Investing:

Mid Year Review of the Investment Landscape

It’s hard to believe but we’re nearing the half-way point in 2021. Six months ago the economy was completely locked down because of COVID. Now, airplanes are full as people rush out to vacation for the first time since 2019. With all that’s happened, it’s a good time to do a mid-year review of the investment landscape.

Read the rest of the article here.

Will Labor Shortage Push Inflation Higher

The government reported disappointing employment numbers for April, leading many to question what’s going on. Anyone who’s been out and about at restaurants and stores has likely seen plenty of Help Wanted signs. Yet jobs growth continues to fall short of expectations. This is causing employers to raise wages, so costs to end-consumers move higher. More and more, inflation is in the news, as we noted last week regarding the global computer chip shortage. The key issue now is whether this emerging labor shortage will push inflation even higher?

Continue reading here.

Tax Planning:

Advanced Child Tax Credit Decision Time

It’s that time; time to make the Advanced Child Tax Credit Decision!  You’ve heard about the upcoming advanced credits that will be paid out starting in mid-July.  You can read our earlier article that explains the details and what you need to know.  It’s important that you reach out to your accountant or tax advisor to make sure you are considering how these tax credits will affect you. 

  To read the complete article click here!

Personal Finances

Should You Refinance Your Home? [Video]

Should you refinance your mortgage? This is a question we’ve been getting more and more frequently as interest rates have come down. But like any good financial planning answer – it really depends! It depends on a lot of different variables. 

Check out this video here!

Traditional IRA/401(k) & Roth IRA/401(k) Which is best? [Video]

In a prior video we talked about the three different types of account registrations to decide between when saving: Taxable, Tax-Deferred, and Tax-Free.  Let’s focus on tax deferred and tax free.  How do you decide between a Traditional IRA/401(k) & Roth IRA/401(k)? Both of those are retirement focused so let’s walk through how much you can put in, when you can put it in, and the benefits of doing so.

Click here to find out more!

Financial Planning & Investing Newsletter July!

If you’d like to catch up on last month’s June 2021 Newsletter you can grab that at this link!