Valor Wealth Partners

Kayaking and fighting Cancer??? SIGN ME UP!!!

Who wants to join us on Saturday August 10th for our annual kayaking trip down the Pawcatuck River? Kayaking is paid by sponsors, so you're entire donation goes to fighting cancer. Read the flier for more information and make your donation at: https://profile.pmc.org/ES0282

We were so happy to celebrate our 5-year anniversary with so many people that have been part of the company over the years. During our celebration we recognized some of those people with the title of “Plank Owner”.
 
What the heck is a Plank Owner? Plank Owner is a term used by the United States Navy, the United States Coast Guard, and various other military units and installations. It signifies a person present when a ship was built or commissioned. Typically, a Plank Owner would have bragging rights to one of the planks on the main deck of the ship. Since we do not have a main deck, we had flags created to signify planks.
 
A little about the “planks”. The flags were 100% handcrafted and personalized from American-grown and sourced materials by a team of veterans. To learn more about the incredible company that created your “plank”, visit FlagsofValor.com.
 
Thank you from the bottom of our hearts to everyone that has part of the journey over the past 5 years and for making our culture what it is today.

We were so happy to celebrate our 5-year anniversary with so many people that have been part of the company over the years. During our celebration we recognized some of those people with the title of “Plank Owner”.

What the heck is a Plank Owner? Plank Owner is a term used by the United States Navy, the United States Coast Guard, and various other military units and installations. It signifies a person present when a ship was built or commissioned. Typically, a Plank Owner would have bragging rights to one of the planks on the main deck of the ship. Since we do not have a main deck, we had flags created to signify planks.

The "planks" were 100% handcrafted and personalized from American-grown and sourced materials by a team of veterans. To learn more about the incredible company that created the flags“, visit FlagsofValor.com.

Thank you from the bottom of our hearts to everyone that has part of the journey over the past 5 years and for making our culture what it is today.

We’re in the midst of graduation season, which means college is right around the corner. Struggling to find a solution for covering those costs? We’ve got you covered.

Last year, the G Fund was the only one of the TSP funds with a positive return. Nearly midway through 2023, it is the worst performing of the core five. Not saying it will remain that way, but we often see federal employees allocating nearly all of their TSP money into this fund for safety. While the G Fund has its advantages, putting almost or everything into it can lead to missed opportunities through potential investment returns from the other funds, but also it can lag inflation. What’s the best allocation for your TSP? Not sure? Let’s talk.

Ever wonder about the value of working with a financial planner? We’re a little biased here but this is only a part of that value. It goes way beyond just your investments. Curious about what that could mean for you? Let us know. We’d love to talk with you!

This is a huge problem that’s seems to only get worse. America’s personal savings rate is around 5% while its total household debt is over $16 trillion. Are you struggling with paying down debt and building up savings? Let us know. We’d love to help you.

The main point here is that the earlier you get started putting those dollars to work in the markets, the more the future you will be rewarded. Take advantage of your time wealth to build lasting monetary wealth.

Maybe you have an old 401(k) or other employer retirement plan from the private sector that you’re unsure of what you can do with it. We’ve laid out those options. If you’re unsure of what the best move is for you, we’d love to have that conversation with you.
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Recently, William was the guest contributor for the weekly HerMoney.com story. He spoke on investing during a recession, what to look out for, market recovery times, and more. Check it out for some insights. Link is in our story.

Financial advice has never been more accessible. But all advice is not good advice, and there’s a lot of it that could cause you great loss in time and money. So we’d like to know, where are you getting your advice from? Maybe it’s somewhere other than on this post - or someone. Books? Podcasts? TV?

Tax season may be behind us, but our tax withholding should still be paid attention to, as this can be a blind spot. We’ve seen cases where withholding too little can result in an unexpected tax bill. On the contrary, withholding too much - yes it can result in a refund - can be a stress on your cash flow. Thankfully the IRS has an estimator that helps us determine the appropriate withholding.

Now here’s something that affects us all. Higher grocery prices. Recently, William spoke with Fortune on different ways to save money at the grocery store. Check out his thoughts along with others on this matter.

Recently, William lent some insights to CBS MoneyWatch on the importance and benefits of high yield savings accounts, and why you should consider maintaining one. We’d love to hear your thoughts as well on these types of accounts. Thinking of opening one? Searching for a competitive rate? Let us know in the comments. Link to the story in our story.

In order for financial advice to truly be effective, it needs to be tailored to you and your personal situation. Rules of thumb and blanket advice can be good, but can also do a lot of harm depending on your situation. If you seek solutions, get the ones that are for you and only YOU!

We’re one week into April, which is Financial Literacy Month. This is your opportunity to ask us questions that have been on your mind surrounding this topic.

We hear this far too often from . For some, by the time they came to us, it was too late to implement the necessary solutions. Don’t let that be you! Just as it’s important to see the doctor for physical examinations, having your financial life examined is vital as well!

Locality pay is important for federal employees as it provides an adjustment to wages based off a particular area’s cost of living. This can have a positive effect on your pension as working in a high locality area could increase your high-3 average salary for the pension calculation. By the way, take a look at our YouTube video (link in bio) on locality pay for federal employees!

While the G and C funds are the most widely invested in funds of the five core TSP funds, we often find the I Fund is not very well understood or used as often.
The I Fund offers immediate, low-cost diversification of the TSP portfolio through its exposure to international companies headquartered in developed countries of the world such as Japan, the UK, and France to name a few.
Feel free to leave a comment on your thoughts regarding the I Fund or international investing.

This one almost speaks for itself. We’ve come across federal employees who made their benefit elections when they first began service and made no changes not just for years, but for decades! Your life doesn’t stay same for decades, and neither should your benefit elections. The costs certainly haven’t either. Log in and give yours a look over from time to time!

Week 1 of 2022 is just about in the books, and perhaps you are looking to make some changes. New year, new me, right? One of them may be making some changes in your financial life. Let’s take a look as to why you a financial planner should be on your radar for 2023 and beyond.

With all the talk of a possible recession this year, we wanted to explore different ways in which can recession proof their financial picture as best as possible.
*Link to our YouTube page in bio *

From all of us at Valor Wealth Partners, we wish you a Happy New Year!

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You still have plenty of time for those 2022 Traditional or Roth contributions. Remember, the contribution limit for 2022 is $6,000 ($7,000 if you’re age 50 or older).

Merry Christmas from all of us at Valor Wealth Partners! And to everyone celebrating a different day, Happy Holidays!

How do I reach $1 million in my portfolio? This question is one that’s often posed, and so based on the average S&P return since 1926 of 10%, we’d like to show you to get an idea based on where you may be age-wise. How much will YOU need to invest to possibly reach $1 million?

While 2022 is coming to a close, there’s still time left to make some moves for this year that could potentially reap short and/or longer term tax benefits. As always, check with your financial professional to weigh the tax impact of any actions you intend to take.

An often overlooked aspect of one's financial picture is what happens in the event of a disability. Experiencing an injury or other health issue that renders you unable to perform the duties of your job, or even work at all for a period of time, if not permanently, can have a devastating effect on your income, assets, and ability to create future wealth. Now, this isn't an ad for disability insurance, however we do suggest speaking with a financial professional, preferably one acting in a fiduciary capacity, if you are concerned with how a disability may impact your situation or if you wish to purchase disability insurance.