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Year-end is quite possibly the most hectic time for small business owners, and 2022 is no different. Even if the year unraveled differently than planned, it is time to look back, measure how the business did, and begin planning for 2023.

Most Americans never engage in the financial planning process. Especially in today’s world with so many unpredictable events, such as a pandemic or hurricane, it can be hard to think about planning for the future. However, not having a clear, detailed plan for your future financial success can increase your stress levels, anxiety, and fear of not having enough money to cover your basic needs.

If you are among the fast-growing ranks of people compensated through 1099 income, you are enjoying the many benefits of being your own boss. But with that independence and flexibility comes new responsibilities you probably never had to consider when you worked for someone else.

Last week, the Federal Reserve Board accelerated its misguided interest rate policy with its 0.75% interest rate hike, resulting in the biggest move since 1994. This is because inflation rests at 8.7% in the U.S., the highest level since December of 1981. In the Fed’s mind, this monetary policy will help the U.S. economy to avoid the high inflation we saw in the 1970s. However, this is not 1970s style inflation, and this rate policy is going to fail.

 Authored by: Gene Goldman, Cetera Investment Management

This Market Volatility Isn’t Going Anywhere

• Market volatility continues as financial markets watch earnings, economic data and the Fed.
• Concerns about the consumer and corporate profits drove today’s drop.
• Our base case continues to be that the economy can withstand these headwinds.

According to the National Council of Nonprofits, about 21% of all nonprofits have an annual budget of $50,000 or less. With this in mind, maximizing the assets and income of the organization is critical, as every cent counts.

Most people, wealthy or not, try to support a philanthropic cause, be it big or small. Whether that be through donations, volunteering time, or joining a charity’s board, it is important that the charities individuals choose to support are utilizing resources to make the most of what they are given.

Long-term care insurance is an important part of retirement planning. Choosing the right option is a difficult decision and can affect your family’s financial future. Here are some things to consider:

Owning a home or business can be one of the great joys in your life. Not only does property ownership provide you with a secure and stable living situation, but it is also provides crucial assets that are helpful for your financial planning, credit building, and wealth management. However, a little-known challenge for home or property owners can be the threat of home title theft.

There are numerous financial deadlines throughout the year, and they can be difficult to keep track of. To simplify it we put together some of the most important deadlines that you should add to your calendar for 2022.