MONARCH MONTHLY
May 2023 Edition
⚖️ FINDING BALANCE ⚖️
Today’s headlines to help plan for tomorrow.
Sue’s News
In general, I am very good at keeping my work and personal life separate. Work is work, and personal is … well, not work.
Over the last few months, there have been some challenges personally, to the point where my work focus was impacted. So, instead of half-assing work … I took time away to focus on the personal side, which needed to be my priority.
That’s incredibly hard to do as a business owner – if you don’t work, you don’t get paid. If you aren’t visible, you are forgotten. If you’re not filling the pipeline, you won’t have any sales. But sometimes, you don’t have a choice – and you do what’s right for you.
Finding balance with your retirement savings as a business owner is also hard – do you pay taxes now, and invest in a Roth? Do you take a deduction, and pay later? Do you invest in cash value life insurance, and borrow on that value later? Do you buy real estate, and supplement your retirement income with rental income?
There are lots of options, and lots of ways to balance. Give us a call, and let’s find out what’s right for you.
“Balance is not something you find, it’s something you create” – Jana Kingsford
Be safe, be balanced, and be well.
💵 IRA OR ROTH – OR BOTH?💵
You’re ready to save … but there are two types of IRAs. Which one should you choose? Traditional IRAs and Roth IRAs offer different benefits – but having both could make sense, if you’re eligible.
💰 CASH VALUE LIFE INSURANCE💰
Before you say “I don’t need life insurance” without really understanding what this offers, take a read! This conservative investment has guaranteed returns, and you can borrow the funds at any time to supplement your retirement with no tax consequences.
🏠 REAL ESTATE 🏠
With well-chosen assets, investors can enjoy excellent returns, tax advantages, and diversification. At retirement, rental income, appreciation, and possible profits from businesses on the property all contribute additional income streams to supplement Social Security.
🎤 Recent Releases 👩🏼🎤
Subscribe to our podcast and YouTube channel for future updates!
📖 BOOK RELEASE: THE POPPY PRINCIPLES📖
“The Poppy Principles” is the 2022 Feel-Good Book of the Year and a perfect holiday gift, sharing stories and insights to help you live your life to leave a valuable legacy.
Podcast: Retirement A to Z
Breaking down retirement plans into bite-size pieces
YouTube: Monarch Minutes
Discussing retirement, investment, insurance, and more!
Blog: Sue’s News
Discussion of the latest news, tips, and trends in financial planning.
🏃♀️ RUN/WALK FOR A REASON 🏃♀️
NEXT EVENT: JUNE 10TH!
MARK YOUR CALENDARS!!
After a bit of a hiatus, Chris Owens, with RE/MAX Preferred Group and I have scheduled our next Run/Walk For A Reason event on June 10th!
Get up, get out, get together, and get moving for some great organizations focused on mental health awareness – the Loveland Hope Squad, the Ben Morrison Fund, and the 988 initiative.
We’ll start at Narrow Path Brewing at 10am to walk, skip or hop with your family, friends, and pets down the bike path! Go for 5 minutes, or for a 5k – the path will be marked – but make sure you’re back by 11am when we’ll hear from these organizations and have our world-famous door prize giveaway, including gifts and gift cards from many of our local businesses.
Looking for more info? Check out our Facebook page at the link below.
See you there!!
🦋 CORPORATE SPONSOR 🦋
LOVELAND LIFE FOOD PANTRY
We’re pleased to announce that we are a corporate sponsor of the Loveland InterFaith Effort (LIFE) Food Pantry!
After organizing multiple benefits for the Food Pantry through our Run/Walk for a Reason events, we felt the need to take it one step further, and become a Corporate Partner!
LIFE Food Pantry is a faith and community supported organization that provides food, financial assistance and programs to those experiencing hardship. It’s supported by area churches, schools, businesses, and numerous neighborhoods throughout the Loveland area, and is a critical resource to our neighbors in need.
Looking to volunteer, or donate? Check out their website through the link below – there are multiple ways to help out this incredible organization!
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