Negativity…its right for about a minute…
Well, well, well, if it isn’t Mr. or Ms. Negative Nancy! Let me tell you something my friend, being negative really doesn’t pay off. Sure, you might get a temporary sense of satisfaction by pointing out all the flaws or shortcomings in a situation, in a candidate, in a person or position or a situation but in the long run, negativity is a losing game. Does being negative get you what you want? Think about it, have you ever encountered someone who’s always spouting off negative comments and attit
Death and Taxes…part 1
We do not give tax advice. This is informational at best…may be wrong and as our attorneys advise..please contact a professional accountant prior to listening to anything I might say…Understanding the Complexity of the US Tax CodeIn today’s blog post, we will delve into the intricate world of the US tax code. Brace yourself for a rollercoaster ride of rules, regulations, and mind-boggling complexity!Part 1 : The Problem (the fact that there are multiple parts shows the problem)Introduction
A Quick Guide to Student Loans
From Advisor PerspectivesStudent loans have become one of the most complicated aspects of modern finance. They involve large – often high interest rate – amounts of debt, typically taken on by young people with little current earnings and typically structured along 20-year repayments. The macroeconomic impact of student debt has touched nearly every aspect of the economy, diverting consumer spending power across sectors ranging from home goods to housing, autos and even new families. Whether you
When trying to be thoughtful destroys the family…
Death and taxes. Those are two of the unfailing truths of life. Inevitables. Putting in the time today to learn and plan is a smart idea as you can help future generations hold on to more of what you earned during your life while avoiding some of the potential taxes. For many starting down this path is daunting. There are twists and turns that one needs a trusted advisor to help navigate. With this advisor the starting point is working on an estate plan. In short, the concept of estate planning
Your Balance Sheet Questionnaire
Print and fill out…then share with us to help start the e3 conversation.
Information that We use to Help You Plan
Assets/ Liabilities/ Income/Expenses. Our e3 model starts with a plan. The attached file is the starting point as it helps us design a solid plan for your retirement. If you have any questions please reach out.
2022 Retirement Account limits
The stock and bond markets go up and they go down. History tells us that its time in the market and not market timing that leads to long term results.To help with that I like to look at investing in our retirement accounts as soon as possible each year. For 2022 the limits are as follows:2022 retirement contribution limits and income restrictions: What to knowPutting away as much as possible for future you—in as many ways as possible—can have huge long-term value. The IRS’s changes to retirement
Financing For The Future
Are you trying to budget for the future but are struggling to keep track of income streams and average annual expenses? Using our easy budget templates, you can check your approximate annual cash flow. Whether your situation finds you working hard and supporting your family or enjoying the benefits of retirement, our team at Quantum Private Wealth has a plan for you. Simply download the template that fits your current life stage, fill out any of the green boxes that seem relevant to your income
Tired of high taxes? Mismanaged state funds? the Weather? Maybe its time to leave Illinois.
So you have Illinois Residency? California? New Jersey? Here is an absolutely incomplete (but good) guide to what you need to think about if you choose to head south from the many high tax states.1. Apply for a Homestead exemption in your new state—there is a presumption of residency if the individual is receiving the homestead exemption.2. Residency—when an individual is a resident one year they are presumed to be a resident in the following year. If you are present in IL ( or other stat
Your Quantum Private Wealth accounts are now available on your phone!
Should you like to have access to your accounts from your phone please follow the attached instructions.In the App Store, download this app:Once it’s downloaded, enter Quantumllc in the first field, and your email address and password (the same one you used to login to quantumprivatewealth.com – or click “recover it here” if you don’t know it).Click “I agree” to the terms on the next page. If you have an iPhone, I would enable facial recognition on the box that pops up. On the next page, scrol