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Author Archive for: ‘Myrick CPA’

Aging Securely: How to Protect Your Financial Health

Advances in health care mean that Americans are living longer, and they're learning more about how to manage their health proactively. As a result, the financial landscape is rapidly evolving for seniors in the US. Most of the current crop of 60-somethings are forecasted to live to the age of at least 80; with a longer life comes the need for careful financial planning to ensure a comfortable, secure future. You'll need more than just your social security payments and withdrawals from retirement accounts to cover the rising costs of healthcare and assisted living. Here's how you can age securely and confidently, managing your financial health as carefully as you do your physical health.

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Posted by: Myrick CPA Posted on: May 09 2024

Guiding Your Adult Children Towards Achieving Financial Independence

For parents of adult children, it's not just a fact but a significant responsibility that today's young adults are facing many financial barriers. As a parent, you aren't just a provider of emotional support but a crucial advisor on their journey to financial independence. Your guidance can help your adult children start their financial journey on the right foot, leading them towards the financial health that will enable them to move out on their own.

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Posted by: Myrick CPA Posted on: Apr 11 2024

Gen Z's Guide to Financial Freedom: Start Building Your Future Now

It's not a secret that the financial landscape is always evolving and often confusing. This is particularly true for Gen-Z born between the mid-1990s and early 2010s. Unlike previous generations, Gen Z has grown up witnessing economic recessions, explosive growth in student loan debt, and a rapidly changing job market. If these experiences have shaped your view on money, you're not alone. Many of your peers have had their perspective on financial health challenged and ultimately shaped by outside influences and evolving circumstances, too. As a result, it's not uncommon for earners in this age group to be fiscally conscious and wary of traditional financial paths. 

You can take control of your financial freedom at any age, though - remember, it’s never too soon to get started.

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