Wealth Management News & Updates

Retirement, Financial Life Planning, Financial Planning, Business Owners Adrienne Ross, CFP®, ChFC®, AFC®, MQFP® Retirement, Financial Life Planning, Financial Planning, Business Owners Adrienne Ross, CFP®, ChFC®, AFC®, MQFP®

How to Pay Yourself as a Business Owner and Plan for Retirement at the Same Time 

You built something. A client base, a practice, a business that didn't exist before you decided to make it real. But somewhere between growing revenue and managing overhead, one question tends to get pushed to the back burner: how do you actually pay yourself — and make sure you're building toward your own future at the same time?

For women entrepreneurs, this is one of the most common blind spots in an otherwise well-run business. The business gets fed first. Retirement savings get postponed until things settle down. And a paycheck that reflects your actual value? That often feels like a luxury rather than a strategy.

It isn't a luxury. It's the foundation. In this post, we walk through how to structure your owner compensation, which retirement accounts make the most sense for self-employed women, and how to make sure the business you've built is working just as hard for your future as you are for it.

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Estate Planning: The Essential Instruments

Estate planning isn’t just for the wealthy or elderly—it’s for everyone who wants a say in what happens to their health, family, and finances. This post breaks down the 3 essential documents every adult should have: a will, a health care proxy, and a durable power of attorney. Protect your wishes and the people you love.

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The Million Dollar TSP

Are you approaching or reached a million dollars in your employer retirement account?  Congratulations!  More than likely, your retirement goal is now funded.  If the entire account is allocated to pretax retirement savings, it’s time to speak with an advisor to do some tax planning.  There are several strategies that can be utilized to reduce the income taxes you will pay over your lifetime. 

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