Have you taken full advantage of your tax-deferred accounts such as workplace and/or individual retirement accounts?
Each year we have a limit on our tax-advantaged accounts, so it's best practice to create a hierarchy for how we use our money.
In this podcast episode, I discuss some year-end planning ideas for maximizing your hard-earned money.
While these considerations depend on your individual situation, there is a general philosophy for creating a hierarchy to be efficient with your money.
Take advantage of the short-term, so that the long-term takes care of itself.
I hope you enjoy the episode!
Theodore J. van Gerven, CFP®
Modern Wealth Builders, LLC