Michael Callahan and Associates Accounting Blog
Here you will find advice on various accounting issues and problems. If you want to learn more, or need specific advice for your business, call or contact us today!
Having a plan to meet housing needs is an important part of your retirement income strategy. A home provides you with an anchor, a place of shelter, memories, and nearness to friends and community. Homes are also a major source of wealth for retirees and near retirees. Home equity typically provides between 45 and 75% of median household net worth when approaching retirement.
While there are a number of ways to maximize your retirement assets, you need to ensure you plan ahead for your future. Your retirement plan should include guaranteed income, growth potential and flexibility. In general, retirement income can come in many forms.
Bookkeeping can be a huge headache, however utilizing virtual accounting services will help you manage your finances.
It may seem counterintuitive when you are starting a new business venture to consider an exit strategy. No one wants to go there, but if you don’t think about it, you may be in for a huge disappointment and threaten your financial health.
It can be hard to know when the right time to discontinue a service or product is, especially if you offer many. There are many factors to weigh.
If you are in college and looking to begin your investing, the first thing you need to do is find a reputable brokerage firm and open your new brokerage account.