6 Steps to Achieving Financial Independence

As we commemorate Independence Day, Pierson Wealth Management is driven by a shared vision of helping you attain not only financial stability but also the fundamental principles of life, liberty, and the pursuit of happiness. We understand that true financial independence is achieved through careful attention to the following key areas:

Investments: Is your portfolio imbalanced or carrying excessive risk that could jeopardize your retirement plans?

Insurance: Regularly review your insurance policies as part of a comprehensive plan to avoid unnecessary fees and ensure coverage for catastrophic events.

Taxes: As taxes often constitute the largest retirement expense, it’s crucial to develop a strategy that minimizes your future tax burden, especially if your savings are primarily in tax-deferred retirement accounts.

Estate Planning: Due to ongoing tax law changes, estate plans necessitate regular critical reviews and updates as an integral part of a comprehensive plan.

Social Security: Whether Social Security will be your primary income source or used to fund other goals, it’s essential not to overlook optimizing your benefits through strategic planning.

Healthcare & Medicare: Healthcare expenses can significantly impact retirement savings, so it’s important to regularly evaluate your coverage and explore available options.

Working alongside an experienced financial professional can provide you with the confidence and reassurance you need to secure your financial future. For support on your path to financial independence, contact us at (661) 297-7566 or visit www.PiersonWealthManagement.com.

Securities and advisory services offered through Cetera Advisors LLC (doing insurance business in CA as CFGA Insurance Agency LLC CA Insurance Lic#0I32305), member FINRA/SIPC, a broker/ dealer and a Registered Investment Adviser. Cetera is under separate ownership from any other named entity. Ivy Pierson CA Insurance Lic#0C92500. For a comprehensive review of your personal situation, consult with a tax or legal advisor. Neither Cetera Advisors LLC nor any of its representatives may give legal or tax advice.