Entries by Agemy Financial Strategies

The Importance of Intergenerational Wealth Transfer

Baby Boomers, the generation of people born between 1944 and 1964, are expected to transfer trillions of dollars in wealth to younger generations over the next many years, also known as the “great wealth transfer”. Is your family ready? Over the next two decades, an enormous amount of wealth is set to change hands as […]

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Preparing For The Great Wealth Transfer

The great wealth transfer, or intergenerational wealth transfer, is the transmission of family assets from generation to generation. Baby Boomers are on the verge of transferring trillions of dollars in wealth to younger generations in the coming years, signifying a notable shift in financial dynamics. Is your family ready to navigate and benefit from this […]

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Strategies to Generate Additional Income in Retirement

Unlocking additional income streams during retirement is not only about financial security but also about embracing newfound passions and experiences. More than 1 in 4 retirees say they’re spending more than they can afford, according to an October 2022 survey by the Employee Benefit Research Institute. With inflation rates’ unpredictability in 2023, it’s not surprising that savings […]

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The Tax Implications Of Retirement Savings

There are a lot of critical steps to preparing for retirement. One of the most important can be understanding the tax implications of your savings and planning for them accordingly. It’s not just about figuring out how much income you’ll need to cover your post-retirement expenses; it’s also about understanding how taxes will affect your […]

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Inheriting Wealth: Your Roadmap To Financial Success

Inheriting wealth can be both a blessing and a daunting responsibility. While it provides financial security and opportunities, it also comes with the challenge of managing and preserving that wealth for future generations. Whether you’ve recently inherited a significant sum or anticipate it in the future, understanding the steps to take after inheriting money is […]

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Winter is Coming: Reinforce Your Investment Strategy for 2025

Agemy Financial Strategies December 16, 2024 Winter is a season of preparation, both in life and in your finances. As the chill settles in, it’s the perfect time to help ensure your investments are resilient enough to weather 2025’s financial storms. A recent study found that 59% of investors are looking to add more protection to their […]

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What A Solo 401(k) Can Do For You

In pursuing financial independence and retirement security, many Americans are turning to self-employment and entrepreneurship. For those who venture into solo businesses, the Solo 401(k) emerges as a powerful tool, offering unique benefits and opportunities for long-term wealth accumulation. A Solo 401(k) offers all the perks of big employer-sponsored 401(k) plans – tax breaks for […]

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End-of-Year Charitable Giving Strategies

As the end of the year approaches, many high-net-worth investors may be considering ways to impact the world through charitable giving. Charitable giving benefits the causes you care about and offers potential tax advantages. In this blog, we’ll explore some valuable tips for high-net-worth investors (HNWI) looking to enhance their end-of-year giving strategies. Here’s what you need to […]

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Navigating The Challenges of Long-Term Care

February 16th is National Caregivers Day, a day that honors individuals who selflessly provide care and support to those who need it most. If you are approaching retirement or even a care provider yourself, it’s also a great time to think about your own needs in your later years and how to navigate the challenges that come […]

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