Articles – Page 3 – Thorne Financial Partners

Tax related identity theft crimes

Criminals are stealing taxpayers’ identities and committing tax-related crimes. There are steps you can take to keep your personal information protected. Identity theft is a growing concern, impacting 14.4 million U.S. Consumers in 2019. Armed with your Social Security number, a criminal can use that information to commit tax and other financial-related crimes in your name. There are a number of common ways that identity thieves can obtain your Social Security number: Stealing your mail, purse, or wallet. Stealing data …

Megapari Casino Review: A Comprehensive Look into the Thrilling World ofOnline Gambling

Introduction: In the vast landscape of online casinos, Megapari Casino has emerged as a prominent player, offering an extensive array of games and exciting features. With its sleek design, user-friendly interface, and a vast selection of gaming options, Megapari Casino aims to provide an immersive and enjoyable experience for both novice and seasoned gamblers. In this review, we will delve into the various aspects of Megapari Casino, including its game offerings, bonuses, customer support, and overall reputation. Game Selection and …

Financial considerations during a divorce

A divorce can have a profound impact on your finances. We outline key considerations for maintaining your financial health as you proceed through the process. No matter whether your divorce is amicable or contentious, it can have a profound impact on your finances. There are myriad rules and regulations to consider; we outline some of the most significant and how they could impact your assets. Who Gets What No matter where you reside, generally, any assets or property that you …

Working with a financial professional

Your financial professional is an experienced financial professional who will help you work toward your financial goals. Here’s how to optimize that critical relationship. The financial world is a complex one to navigate. New investment products, global investing opportunities, employee-driven 401(k)s — these (and many more) collectively underscore the value of seeking professional financial advice. As you transition from going-it-alone to working with a financial professional, there are a few key points to consider. Standards of Professionalism The term “financial …

Reality Check on Your Retirement Savings

Whether you’re 23 or 35, it’s important to know whether you are saving enough for your retirement. There is no time like the present to ensure you are allocating enough funds to your retirement account. With folks routinely living into their 80s and 90s, it’s more important than ever to ensure your money lasts your lifetime. Millennials have the advantage of time. You can benefit from compounding and the long-term trends that can make a real difference over the course …

Managing a Budget During your retirement

Retirees face a critical task in managing their income and expenses to ensure that they can support their lifestyle and any healthcare costs. Unless you have accumulated substantial wealth where money is not a concern, you face a critical task when you reach retirement to make sure that your assets will support you through your lifetime. When you retire and no longer earn an income to pay for your bills and living expenses, developing and adhering to a financial plan, …

When’s the Right Time to Retire?

This article discusses the factors you should look into when deciding when to retire. Retirement is inevitable, but knowing exactly when to do so is often unclear. No matter when you actually begin your retirement, you’ll benefit from planning your post-work life as early as possible. According to Gallup, the percentage of Americans who expect to retire at age 66 or older has risen dramatically, from 21% in 2002 to 41% in 2018. People expect to live and work longer …

Indefinitely Working from Home? Use This Opportunity to Save Money

The pandemic caused many people to work from home, and some companies do not plan to return to office-based work until this summer, if ever. While you may view this as a mixed blessing, you can capitalize on the situation to save money for your short- and long-term goals. Your savings might not stem from tax breaks, but rather from other financial benefits. You won’t be spending money on commuting, restaurant lunches, after-work happy hours, etc. Now is a great …

Common Retirement Investment Mistakes

There are a few common retirement investment mistakes to keep in mind as you seek to maximize your savings and investments. Only one-in-four Americans (27%) feel very confident that they will have enough money to live comfortably when they retire, according to the 2020 Retirement Confidence Survey Summary Report.⁠11 While the number is up slightly from the 2018 survey (23%), it underscores a pervasive sense of uncertainty among those approaching retirement age. While there is no single action that can …

Women, Money, and Today’s Retirement

Despite all of the other advances made in our society in recent generations, women continue to face unique challenges when it comes to preparing for their financial futures.

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