Protect & Grow

Join us as we delve into the world of proactive financial planning! While many focus on past events, our show shifts the spotlight to the future. Tax filing becomes a personal financial reflection, but we're not dwelling on history. This is a discussion about the upcoming year, covering important topics and events. Connect with Tim Stearns, CFP® at TjStearns (800) 640-2256, and explore further on our website: https://www.tjstearns.com/. Let's explore the "Year In Preview" together!

Often times we hear about "The Year In Review", looking back at major events that have happened in the prior year. In our personal financial lives, this is also what we do during tax preparation. Filing taxes is literally putting together a personal "Financial Year In Review", but we are planners. This is a show about planning. Planning is about looking forward and being proactive, not looking back, being historical, or being reactive. Certainly, we can gain some knowledge from history (maybe we should gain and retain a little more), but we have to plan ahead and keep moving forward. So, this is a show about the "Year In Preview" and some of the important topics and events we will cover in the year ahead. For more information, contact contact Tim Stearns, CFP® at TjStearns at (800) 640-2256, and visit the website at https://www.tjstearns.com/.

Planning for the Year(s) Ahead - 2023 has been a year unlike any other; we have had our share of ups and downs. Thankfully, the stock markets ended up more up than down. So, how do we plan ahead for an equally as unpredictable 2024 and beyond? One of the main things that careful planners prepare for while working and earning income is TAXES. As Tim Stearns, CFP® discusses, this year and next year may be an especially important tax planning opportunity not to miss. With the upcoming tax season and potential portfolio loose ends, now is a great time to speak with Tim and get your finances and tax planning on course for a more prosperous 2024 and beyond. For more information, contact contact Tim Stearns, CFP® at TjStearns at (800) 640-2256, and visit the website at https://www.tjstearns.com/.

Have an awesome New Year, and us at TjStearns hope for another great year of content for you lovely people and more to come.

As you look forward to the approaching new year, ready to chart your course for 2024, the prospect of setting financial goals may be on your mind. Perhaps you're aiming to eliminate lingering student loans by the next holiday season or contemplating strategies to enhance your retirement plan. Unlike the transient nature of many New Year's resolutions, effective goal-setting requires careful consideration. Research indicates that the average New Year's resolution barely endures into the spring, and you may find yourself pondering a crucial question: How can I establish realistic and achievable financial goals for 2024? The answer lies in adopting a thoughtful approach and keeping key factors in mind from the outset. Fortunately, the pathway to setting and accomplishing high-quality financial goals is well within reach, and we're here to guide you through the essential considerations to ensure your success. For more information on this and many other important financial topics, contact Tim Stearns, CFP® at (800) 640-2256 or visit the website at https://www.tjstearns.com/.

Many (probably too many) are out doing last-minute Christmas shopping this weekend. Some studies show that people (men in particular) wait until the last minute, even right up until Christmas Eve to even start shopping for Christmas. Unfortunately, we also have this same quality of procrastination when it comes to our financial planning and well-being. Let's talk about the psychology of financial procrastination and how damaging it can be. This is not a "guilt trip". This is a proactive reminder that some things are too important to "wait until later". For more information on this and many other important financial topics, contact Tim Stearns at (800) 640-2256 or visit the website at https://www.tjstearns.com/.

'Tis the season for thinking of family and friends, for gifting, giving, and generosity. For the holidays, we generally think of bows and packages in wrapping paper. Of course, these gifts cost money and we should try to be responsible with the way we spend throughout the holidays. On a larger scale, we should also consider our ongoing financial impact through gifting and giving strategies to family, as well as any outside gifts, giving, or donations we make to charities, churches, or organizations. We are in the midst of what has been dubbed the "Great Wealth Transfer" as the accumulated wealth of one generation of Americans transfers to the next. We should think proactively and plan strategically for how our wealth will be effectively preserved, protected, and utilized both during our lifetime, and after. Let's talk about planning for the holidays, planning for retirement, and gifting, giving, and donating our wealth. For more information on this and many other important financial topics, contact Tim Stearns at (800) 640-2256 or visit the website at https://www.tjstearns.com/.

Every year is a little different. Every year has a few surprises in store we cannot predict. There are also some changes that we do know the new year will bring ahead of time that we can begin to prepare for now. On this program we will discuss some of those changes. For more information on this and many other important financial topics, contact Tim Stearns at (800) 640-2256 or visit the website at https://www.tjstearns.com/.

You have always first and foremost had an income plan. When you set your alarm so that you get up to show up for work, put in your time and sweat equity to perform your tasks, and trade that time for money, that is your income plan. You plan to repeat that routine overtime to earn a living, manage your bills, and to support your ability to save for retirement. That is an income plan! The INCOME PLAN is what supports your lifestyle and your investment plan. The stability and predictability of the income you generate is what allows you to feel comfortable investing a portion of your money into accounts intended for years into the future during retirement. The income plan is what allows you to weather down market cycles without dramatic impacts to your lifestyle. The income plan is what provides you the means to have an investment plan at all. In both your working career and in retirement, you live on your income, not your assets, but the income plan is what you leave behind when you retire! You have to recreate it with assets! For more information contact Tim Stearns at (800) 640-2256 and visit the website at https://www.tjstearns.com/.

Have you identified and addressed the biggest expenses that will impact your finances throughout retirement? In this edition of "Protect and Grow", Tim Stearns, CFP® identifies the three largest expenses in retirement that can drain your wallet, fry your nest egg, and derail your financial goals. Tim shares insights on how to minimize these expenses and take control of your retirement finances. To connect with Tim and learn more about his financial planning services, you can contact him directly at (800) 640-2256 or visit his website at https://www.tjstearns.com/. With Tim Stearns, CFP® guidance, you can make informed decisions about your finances and build the financial future that you deserve. Don't miss out on this valuable resource!

Tune in as Tim Stearns, CFP® discusses "5 Planning Mistakes To Avoid" with information on how to avoid them including how important it is to have a "GRIP" on your retirement, inappropriate and appropriate risks to take, and using social security. For more information, contact Tim Stearns, CFP® at (800) 640-2256 and visit the website at https://www.tjstearns.com/