By Jay Shareef and Chris Rhoads If you’re a federal government employee, you’re used to enjoying many benefits, and one big advantage is the potential for long-term financial success. While some private-sector employees dream of retiring after 30 years, it’s often not a reality. However, even though you’re allowed to […]
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By Jay Shareef and Chris Rhoads It’s that time of year again: tax season! After another volatile year in the 2020s, we understand the last thing on your mind is tax preparation. But this important and necessary task is essential to save time and money on your tax return. To […]
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By Jay Shareef and Chris Rhoads Often, when we consider leaving an inheritance for our kids, we primarily think about making a will and sharing our money. But creating a legacy involves more than just finances. Will the gift you leave create a sense of safety and stability over the […]
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By Jay Shareef and Chris Rhoads If you are nearing retirement, you’ve paid into the Social Security system and you’ll be able to claim benefits at some point. You know this—but do you know the extent to which Social Security fits into your full retirement plan? It’s that mysterious safety […]
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By Jay Shareef and Chris Rhoads After years of hard work and dedication, it’s finally time to step away from the daily grind and embrace a life of your choosing. However, to truly relish this new chapter, a well-thought-out plan for creating a sustainable retirement income is essential. After all, […]
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By Jay Shareef and Chris Rhoads Transitioning from diligently saving for retirement to carefully spending your retirement savings requires finesse and intentional strategy. For federal employees, this shift can be particularly daunting without a well-crafted withdrawal plan in place. But fear not—we at WealthFlow Financial specialize in simplifying the complexities […]
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By Jay Shareef and Chris Rhoads Federal employees are especially affected right now as the U.S. government faces the possibility of defaulting on its loan obligations as of June 1, 2023. Four billion dollars in federal salaries are payable on June 9. With no agreement in place to raise the […]
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By Jay Shareef and Chris Rhoads There are many benefits offered to military service members, some of which are more lucrative than others. One you should have on your radar is the Survivor Benefit Plan (SBP). But what is the SBP, and why does it matter? After years of service, […]
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By Jay Shareef and Chris Rhoads Children are naturally curious. And today they are exposed to product placements in movies and games and are developing interest in products being promoted by online influencers. With all they are able to view online, it’s important to have a conversation about money when […]
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By Jay Shareef and Chris Rhoads In today’s fast-paced world, the media plays an important role in keeping us informed about current events and economic developments. But with all the different voices out there—from local news to national channels and online resources—it can feel like the media is constantly bombarding […]
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By Jay Shareef and Chris Rhoads Banks play a vital role in the economy, providing individuals and businesses with access to cash, credit, and other financial services. Despite their importance, however, banks can fail. And when they do, the effects often cause panic in the wider economic environment. This past […]
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By Jay Shareef and Chris Rhoads Federal employees have several options when it comes to their benefits package—and it can be difficult to know where to start. Our WealthFlow Financial team understands the ins and outs and have created this helpful guide to break down the features available to federal employees in order to […]
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By Jay Shareef and Chris Rhoads Annuities have gained significant popularity over the last year or so as investors have shied away from rising interest rates and market volatility. In fact, annuity sales hit record highs in 2022, reaching $80.7 billion in the third quarter alone, and the overall annuity […]
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By Jay Shareef and Chris Rhoads Long-term care costs should be an important factor when planning for retirement. Research suggests that most Americans turning 65 this year will need at least some form of long-term care as they age—and long-term care is expensive. Of course, the cost of long-term care […]
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By Jay Shareef and Chris Rhoads There are financial advisors everywhere you turn. The problem is not finding one, but finding the right one—someone you can trust to provide honest advice and help you achieve your goals. That’s easier said than done. The reality is that no matter what someone […]
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