by Swanson Financial | Nov 14, 2022 | Finance, Swanson Financial
If you’re a small business owner, you can take advantage of these tax deductions to lower your taxable income. Some of these include home office expenses, startup costs, and health insurance premiums. Home Office Expenses Due to the prevalence of home office...
by Swanson Financial | Oct 11, 2022 | Finance, Swanson Financial
Due to the rise of the gig economy, many Americans are now working as independent contractors, which can pose significant challenges to their retirement savings. Tim Maurer, a financial advisor, explained that people who rely solely on freelance income might neglect...
by Swanson Financial | Oct 11, 2022 | Finance, Swanson Financial
In the same way that you do in your working years, budgeting for retirement can help you manage your expenses. However, it’s also important to keep in mind that you may be dealing with higher expenses, which can make it difficult to live on your savings....
by Swanson Financial | Oct 11, 2022 | Finance, Swanson Financial
Despite the general optimism about their retirement savings, most Americans still feel they have enough money to retire. However, even with automatic contributions, making ends meet in your golden years can be challenging. To ensure you have enough money to retire,...
by Swanson Financial | Aug 8, 2022 | Finance, Swanson Financial
When you retire, you will rely on several sources for your fixed income. This will include your Social Security benefits and personal savings, as well as your retirement savings. You can manage these sources better by supplementing them with a split annuity. This is...
