Every year, we see changes in the Social Security system. Next year, with a new administration coming into the White House, there has been a lot of buzz around Social Security, everything from what can be done to save it to cutting taxes on Social Security entirely. Although there is a lot of suspicion, a few changes to Social Security in 2025 have already been confirmed.
5 Key Changes to Social Security in 2025 Read More »
At REAP Financial, we have successfully guided families in Central Texas and across the United States through retirement for 16 years. When you’re preparing for retirement, there are metrics that obviously matter, such as your rate of return on investments, inflation, Social Security claiming strategy, and more. However, the most important number for a successful retirement is your budget.
When you’re working, you don’t have to worry about keeping a strict budget, but when you retire, it is very important to know your boundaries. Your budget provides the framework for what you can spend, since there’s only so much money at the end of the day.
How to Build Your Best 2025 Budget Step-By-Step Read More »
For most Americans, as we approach the end of the year, many people look for ways to save on taxes. This is where year-end gifting strategies come into play. You may give charitably to causes and organizations you believe in, or to your children or others. In this article, we’ll cover some smart ways to execute your year-end gifts that could save you on taxes, including potential income tax, capital gains tax, and charitable deductions.
Tax-Efficient Year-End Giving Strategies Read More »
Retirement can bring a lot of joy or stress, depending on how you prepared for it. In this article, we’ll cover some of the hidden costs of retirement that people generally don’t talk about. These costs can blindside you, so you should aim to plan ahead. Be sure to read through to the end to learn about the top hidden cost that most people overlook!
What Are Some of the Hidden Costs of Retirement? Read More »
As we approach the end of the year and the start of 2025, this is an ideal time to reflect on your financial goals and make resolutions that will position you for a successful retirement. In this article, we’ll cover the top six essential financial resolutions worth considering and implementing in the new year.
6 Financial Resolutions To Make Before Retiring in 2025 Read More »
If you want to have a successful retirement, understanding that it doesn’t happen by accident is key. To achieve success in retirement, you have to plan effectively in advance. In this article, we’ll cover why most people get retirement planning wrong, especially when they attempt to do it alone. Be sure to read all the way through to learn how to win in retirement!
Why Most People Get Retirement Planning Wrong Read More »
When you retire, it’s all about cash flow. In this article, we’ll go over how the most successful retirees in this country create sustainable cash flow in retirement. We’ll share some of the techniques we use to help guide our clients at REAP Financial. Be sure to read through to the end to learn all our tips to solidify your retirement cash flow.
How to Create a Sustainable Retirement Cash Flow Read More »
When it comes to building real wealth, rates of return matter. Both the amount you earn on investments and the amount you save for retirement are important. However, inflation is often overlooked. Inflation is a silent threat to any portfolio. Today, with inflation higher than we’ve seen in many years, you need to structure your portfolio in a way that keeps up with inflation and beyond. In this article, we’ll go over how the most successful retirees build wealth while navigating inflation. Be sure to read the whole article for a little-known tip on staying ahead of inflation!
How to Build Wealth While Navigating Inflation Read More »
It’s hard to believe, but 2026 is just around the corner. In 2026, we’re going to see some major changes in how much you’re paying in taxes and the estate tax limit, or how much tax could be applied to the money you leave to others. In this article, we’ll talk about the key changes and some steps you may want to take to protect your wealth.
In the last few years, we’ve enjoyed some of the lowest tax brackets in U.S. history. In fact, tax rates have not been this low in 40 years. However, these tax rates, including income tax rate and estate tax limits, are set to sunset and change in 2026. First, let’s go over what estate tax limit changes could look like.
How to Prepare for 2026 Estate-Tax Changes Read More »
Through the years, REAP Financial has had the privilege of helping many families retire. We always strive to prepare our clients for early retirement and the risks that come with it. Today, 7 out of 10 Americans retire sooner than they were planning. Sometimes, this isn’t because they want to retire; it may be to take care of aging parents or a spouse, due to medical issues, or a layoff. Whatever the case may be, there are some key considerations when it comes to early retirement.
5 Hidden Dangers of Early Retirement You Need to Know Now Read More »