Tax season is here, but did you know that filing your 2024 return is only part of the equation? With the 2025 tax changes in place, John breaks down key areas where you may be able to reduce your tax bill. With increased standard deductions and higher retirement contribution limits, now is the time to evaluate how you can plan smarter and potentially put more money toward your future.

In this episode, we dive into the major tax changes for 2025 and discuss how smart planning now may save you a lot of money and stress later. From updates to the standard deduction to misconceptions about catch-up contributions, John explains what really matters for pre-retirees and retirees.

Here’s what we discuss in this episode:

📊 Most people won’t need to itemize, instead they’ll take the Standard Deduction

💡 Catch-up contributions aren’t “free money,” they require planning

🏥 The HSA might be your most powerful retirement savings tool

💸 Adjusting paycheck withholdings can avoid surprise bills or big refunds

Connect with us:

Web: https://rosewoodwealthmanagement.com/

Phone: 919-391-3446

Schedule a Meeting: http://meetwithjohn.com

Check us out on YouTube: https://bit.ly/46RaLvL

Once you’re on a fixed income in retirement, it can be difficult to open the checkbook to pay for major expenses. Emotion and logic both play into the decision, and many spouses can feel apprehensive about spending large sums of money without a paycheck still coming in. So how do you determine if you can afford that home renovation you’ve always wanted and what’s the best way to convince your partner it’s going to be okay long-term?

We’ll highlight three potential scenarios regarding that cause someone to have reluctance to spending: emotional resistance, logical miscalculations, or a valid conclusion that the expense isn’t feasible. We want to approach these discussions openly and honestly, ensuring that both partners feel heard and understood. So let’s walk through the process for determining whether the concern is justified and show how knowing the numbers can help alleviate fears and make informed decisions.

Here’s what we discuss in this episode:

0:00 – Intro

2:51 – Logical reasons

4:53 – How we help

Connect with us:

Web: https://rosewoodwealthmanagement.com/

Phone: 919-391-3446

Schedule a Meeting: http://meetwithjohn.com

Check us out on YouTube: https://bit.ly/46RaLvL

There’s a lot of anxiety out ​there ​right ​now ​about ​the ​market ​and ​the ​current ​economy ​that ​we're ​experiencing. ​People are concerned about the uncertainty surrounding Social Security, DOGE, tariffs, and more. So ​I ​wanted ​to ​get ​on ​here ​and ​try to ​dispel some of the ​myths, ​talk ​about ​what's ​actually ​happening, ​and ​then ​drill ​down ​specifically ​to ​what ​you ​should ​be ​doing ​yourself.

Here’s some of the things we’ll cover:

📉 Market Volatility Explained – What’s really causing the recent swings?

🗳️ Political & Economic Factors – Tariffs, policy shifts & investor panic

💰 Social Security Myths – Why it’s likely not going away anytime soon

🚀 Managing Market Anxiety – Why less news = better financial health

0:00 – Intro

1:31 – Social Security fears

3:27 – DOGE

4:52 – What’s causing the volatility

7:16 – What should you be doing?

Connect with us:

Web: https://rosewoodwealthmanagement.com/

Phone: 919-391-3446

Schedule a Meeting: http://meetwithjohn.com

Check us out on YouTube: https://bit.ly/46RaLvL