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Posted by: Charles P Myrick CPA Posted on: Mar 25 2021

How to Set Financial Goals 1, 5, 10, and 20+ Years Out

An essential part of financial planning begins with ascertaining your resources, debt, and dreams for life, which is the basis for financial goal setting. The best advice for setting long-range financial goals is to start early to have the most time to achieve them. But what about short and mid-range goals?

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Posted by: Charles P Myrick CPA Posted on: Mar 03 2020

Retirement Planning for the Self-Employed

How old do you have to be to start thinking about planning for your retirement? It’s never too early, but when is it too late? Even later in life there are a number of ways to prepare for retirement, but what if you’re self-employed? You may be surprised to hear that you have many similar options as those who are employed by others.

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Posted by: Charles P Myrick CPA Posted on: Oct 31 2019

How to Save Money With Year-End Tax Planning

It's no secret that the last quarter of any year is a busy one for those who wants to get a jump on tax planning and preparation. With holidays and shopping competing for your attention it’s easy to lose your focus on long-range financial planning. I understand completely. However, it's smart to look at ways you might minimize your tax liability. 

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Posted by: Charles P Myrick CPA Posted on: Oct 03 2019

What You Should Know About Your Retirement Plan

 

When I talk with clients about financial planning I include the importance of a durable approach to retirement. My message? Whether you are starting your career or have been at it for a while, you should be taking advantage of the retirement plans that are available. 

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Posted by: Charles P Myrick CPA Posted on: Dec 26 2018

Do You Have the Right Kind of Retirement Plan?

 

Have you begun to think about changes to make in the New Year? It's a good time to review your finances and pay particular attention to your retirement plan.  Like most workers, you probably depend on  a combination of employer sponsored and individual plans. There are two primary retirement plan types — 401(k)s and IRAs — and your challenge is to know how to choose the right plan for you. 

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Posted by: Charles P Myrick CPA Posted on: Oct 23 2018

You Can Save Money With Year-End Tax Planning

The last quarter of any year is a busy one for anyone who wants to get a jump on tax planning and preparation. With holidays and shopping competing for your attention it’s easy to lose your focus on long-range financial planning. However, for those who can set aside time to review their finances, the advantages gained are many.

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Posted by: Charles P Myrick CPA Posted on: Dec 20 2017

How to Overcome a Late-Start in Retirement Planning

If you’re in your late 40’s or even early 50’s and don’t have a plan for retirement – that is, how to support your post-work lifestyle – it’s not too late. For those who didn’t start saving for retirement earlier, there are strategies for “catching up.” Here are some questions to guide you:

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Posted by: Charles P Myrick CPA Posted on: Aug 01 2017

What Income Sources Will You Have in Retirement?

 

Most people look forward to retirement. For some, it will be a time to travel and spend time with family members. For others, it will be a time to start a new business or begin a charitable endeavor. Regardless of what approach you intend to take, you will need retirement income to support your lifestyle. Many people depend on multiple sources of retirement income. Here's a quick review of the six primary income sources:

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