Cody Biggs

The thought of retirement is a looming concern for many people, especially those who are nearing retirement age and those who haven't saved enough for it. According to a recent survey, 64% of Americans ages 45 to 59 believe they will not have enough money to retire. While saving for retirement can be challenging, it's important, as per Cody Biggs , to remember that it's never too late to start saving, and small savings can add up quickly. Don't Despair Over Small Retirement Savings, Says Cody Biggs First, let's address the elephant in the room, not having enough saved for retirement. It's understandable, as per Cody Biggs, why so many Americans are worried about retiring without enough money. After all, a recent study found that 42% of Americans have less than $10,000 saved for retirement, while 14% have nothing saved at all. However, it's important to look beyond the numbers and remember that small savings can add up over time. One way to start sa...

As 2023 begins, many investors are considering how to adjust their financial plans to account for higher taxes. With a new presidential administration in the United States and changes to tax laws in other countries, it's important, as per Cody Biggs , for individuals to understand how these changes may affect their finances. Does Your Financial Plan Account For Higher Taxes? Cody Biggs Answers According to Cody Biggs, one of the biggest changes in the U.S. is the possible reversal of Trump-era tax cuts, which could result in higher income taxes for some individuals. In addition, President Biden has proposed a number of other tax changes, including higher capital gains and estate taxes, that could impact investors. It's important for individuals to work with a financial advisor to ensure their financial plan takes these changes into account. This may involve making adjustments to retirement savings strategies, investment allocations, and estate planning. But it...