By Preston Rosamond The 2020 tax filing season has officially begun and the IRS is now accepting 2019 tax returns. Here is what you can do to prepare for this tax season. Gather Your Important Information & Tax Documents For about a month, you have probably been receiving tax documents in the mail that you’ve simply been throwing in a pile. Now is the time to gather them together and organize them. You may have...
By Preston Rosamond Every year brings plenty of change, and nowhere is that more obvious than in the markets. Last January we started the year having just survived a difficult December where the market dropped drastically due to recession worries. Then, despite predictions of a year of minimal returns, (1) 2019 gave us a pleasant surprise by delivering a stellar performance. Can we expect the same for 2020? Any Room For Growth? Most experts are...
By Preston Rosamond A little second-guessing is normal when making decisions, we all know that. But when it comes to your finances, you want to be confident you’re on the right path to achieve your goals. But what happens to your goals when life throws you a curveball? For example, life situations such as a new baby or career change may alter your financial priorities. Or you may be curious about different financial strategies and...
By Preston Rosamond With the holiday season in full swing, our team at The Rosamond Financial Group would like to take this opportunity to wish you and yours a Merry Christmas and a wonderful new year! We are grateful to have clients like you, and we appreciate your trust in us to provide exceptional services that help you experience confidence in your future and focus on your passions, knowing that we’re here to watch over...
By Preston Rosamond Are you on track to reach your financial goals? Do you feel confident in your financial decisions? These are loaded questions, I know, but your answer can make or break your financial future. Organizing and managing your finances should be a top priority, but life gets busy and the urgent often trumps the important. At The Rosamond Financial Group, we want to see you thrive in life and in your finances. If...
By Preston Rosamond Turning 70½ is not a milestone that most people think of. First of all, you don’t usually even celebrate it, since it is only a half-birthday. However, there is one area in which 70½ is a very important age: in financial planning. This age is significant because you need to make sure you have a plan for future long-term care needs, have your estate planning documents in order, and, most importantly, begin...
By Preston Rosamond Happy Thanksgiving from our team at The Rosamond Financial Group! We want to take a moment to thank you for being a part of our family. We sincerely appreciate the trust you place in our firm. We take our responsibility to you and your family very seriously. Cultivating Gratitude It’s all too easy to only see the frustrating things in life. It takes intention and shifting our mindset to express thanks instead...
By Preston Rosamond After decades of working and saving, you’re in the home stretch of the marathon race to retirement. Now the 10-year countdown to your much-anticipated golden years is on. But no matter how close you are to the finish line, don’t turn on cruise control yet. Finish your working years stronger than you started by completing these 10 things within 10 years of retirement. 1. Crunch The Numbers There are countless uncertainties when...
By Preston Rosamond When it comes to finances, there’s a lot to know and learn. For example, many topics fall under the umbrella of retirement, such as how to save up for retirement, types of retirement accounts, what to invest in, etc. And this is only one sliver of the financial industry that affects your financial well-being. This is why it’s important to not get overwhelmed and take one lesson at a time. To make...
By Preston Rosamond With a world of information at our fingertips, we can find reviews, history, product specifications, and more details than we’ll ever need about anything we want to buy. In other words, before making a major purchase, we can arm ourselves with information to make the best choice possible. While creating a financial plan is in a different category than buying a car or putting an offer on a home, we believe it’s...
By Preston Rosamond When it comes to discussing money with your significant other, do you typically enjoy talking through your financial situation or is it a topic you tend to avoid at all costs? If you find yourself in that second group, you may find comfort in knowing you’re not alone. In fact, a couples and money survey revealed that 26% of Americans turn a blind eye to the issue of finances in their relationship...
By Preston Rosamond Retirement is one of the biggest financial transitions you’ll make in life. You go from earning a paycheck and growing your nest egg to depending on it and trying not to outlive it. It’s a delicate dance—one that requires extra monitoring to make sure things go as planned. Over the years, I’ve seen retirees make the same costly mistakes over and over again. Today, let’s talk about 5 of those common mistakes...