INVESTING WITH EMPATHY & EXPERTISE
Thoughtful & Balanced
Financial Management
Your Financial Goals, Our Tailored Solutions
Welcome to Golden Wealth Management. We're passionate about helping clients achieve their unique financial goals based on their needs. Through holistic planning and a collaborative team approach, we strive to make a meaningful difference in our community and for our clients.
Our Services
Retirement Income Planning
Strategize your financial resources to ensure a steady income stream after retirement
Generational Wealth Planning
Preserve and transfer wealth across multiple generations, ensuring legacy continuity.
Portfolio Management
Select and oversee a collection of investments to align with your financial goals, risk tolerance, and time horizon.
Financial Planning
Create a roadmap to achieve your life goals through proper management of finances.
Latest News
If you haven’t reviewed your state-issued driver’s license or ID to ensure it’s Real ID compliant, now is the time to take action. The federal deadline for Real ID compliance is fast approaching, May 7, 2025 , and failing to meet the requirements could leave you grounded—literally. What is Real ID? The Real ID Act, passed by Congress in 2005, sets enhanced security standards for state-issued identification. A Real ID-compliant driver’s license or state ID is marked with a special star, indicating it meets federal requirements. After the deadline, a Real ID will be required to board domestic flights, enter federal buildings, and access certain secure facilities. Without it, you’ll need alternative federally approved identification, like a passport. Why It Matters For many people, their driver’s license or state ID is their primary form of identification. Without a compliant ID, you could face significant disruptions to everyday activities, from traveling for work or vacation to conducting business at government offices. The Clock is Ticking Although the Real ID deadline has been extended in the past, the current date is firm. Waiting until the last minute could mean longer processing times or even missing out on crucial travel or events. The process to update your ID may require documentation such as: • Proof of identity (birth certificate or passport) • Proof of Social Security number • Two documents proving residency (utility bills or bank statements) How to Prepare Check Your ID: Look for the star marking on your driver’s license or ID. If it’s missing, your ID is not Real ID-compliant. Visit Your State DMV: Check your state’s Department of Motor Vehicles (DMV) website for specific requirements and instructions. Many DMVs now allow you to start the application process online. Gather Your Documents: Make sure you have the required documents ready before heading to the DMV to avoid delays. Don’t Wait Until It’s Too Late As financial advisors, we know the value of planning ahead. The Real ID mandate is another example of how a little preparation today can save you a lot of hassle tomorrow. Don’t let a simple oversight keep you from boarding your flight or accessing essential services. Check your ID, gather your documents, and take the steps needed to ensure compliance now. For more helpful tips on staying prepared for life’s changes, follow our blog or contact us directly. We’re here to help you plan for a seamless future!
With spring showers picking up around us, there's no better time to talk about saving up a financial cushion to shield you from life's unpredictable downpours. Just like an umbrella during spring rains, an emergency fund protects you during sudden financial hardships. Here’s why an emergency fund is critical for every household: Unexpected Expenses Life is full of surprises, and unfortunately, some can be costly. An emergency fund helps cover sudden financial needs, such as medical bills, car repairs, or home maintenance. Financial Security Knowing you have a safety net for unforeseen expenses gives you greater financial stability and well-being. This sense of security can alleviate stress and allow you to focus on other financial goals. Avoiding Debt When emergencies arise, it's easy to use credit cards or loans to cover the costs. However, this can lead to a vicious cycle of debt and added interest fees. An emergency fund enables you to manage unexpected expenses without borrowing money and accruing debt. Protecting Savings and Investments Without an emergency fund, you may be tempted to tap into your long-term savings or investments to cover unexpected expenses. This can derail your financial plans and hinder the growth of your assets. An emergency fund ensures that your savings and investments remain untouched and continue to grow. Job Loss or Income Disruption An emergency fund is particularly important during times of unemployment or reduced income. It serves as a financial buffer, helping you cover your living expenses while you search for a new job. Flexibility and Adaptability Life circumstances change, and an emergency fund gives you the flexibility to adapt to those changes. Whether it's relocating for a new job opportunity, escaping an unhealthy living situation, or making a career change, having an emergency fund grants you the financial freedom to make important life decisions with confidence. While tailoring your fund to suit your comfort level is crucial, we generally recommend working towards three to six months' worth of living expenses set aside in an easily accessible checking or high-yield savings account. Preparing for the unexpected is not just a prudent financial strategy; it's a crucial step towards long-term financial stability. Take action today to build or strengthen your emergency fund. Contact Golden Wealth Management for personalized financial advice and assistance. We’re here to help you every step of the way.
