Finivi | Financial Advisors

04/02/2025

There's still time to contribute to your IRA for the 2024 tax year! The deadline is April 15, 2025. Use this window to potentially boost your retirement savings and lower your taxable income.

Have retirement-related questions? Finivi is here to help!

Give us a call: (508) 870-0440

03/27/2025

Small business owners, are you feeling pressured to keep great people on your team? You’re not alone.

Retaining top talent in today’s job market isn’t just about throwing money at the problem. Employees want purpose, flexibility, and autonomy. For small business owners and management, that means being both creative and intentional.

Thisrticle shares simple, real-world strategies that small businesses can use to build loyalty, boost retention, and create a workplace people don’t want to leave.

Read it here: https://www.finivi.com/retain-top-talent-small-business/

Building a strong, connected team matters! Whether you're running a store in Worcester, leading a startup in Boston, or growing your family business in the MetroWest area, your customers notice when your employees are happy and genuinely enjoy their work.

What's your go-to strategy for retaining great employees? Let's start a conversation. I'd love to hear what’s working in your business.

Learn how to retain top talent in your small business with effective strategies that go beyond typical perks and benefits.

03/26/2025

A nurse at UMass Memorial Health is ready to retire after decades of service to her community. But she is feeling panicked about selecting the right pension option. What's the right choice? When should she file for Social Security? Will her 401(k) be enough after she retires?

These are common concerns for UMass Memorial Health employees as they approach retirement. And the stakes are high.

Steve Johnson, ChFC, has helped dozens of UMass Memorial Health employees with these same questions over his 30+ years in helping people navigate retirement. In this article, he breaks down the top 3 concerns he hears most, and what to consider when making these important decisions.

If you are a UMass Memorial Health employee (or know someone who is), this is worth a read: https://www.finivi.com/umass-retirement/

Discover how UMass Memorial Health retirement planning can help you address common concerns and build your ideal retirement.

03/25/2025

Tax season is here! There’s still time to make smart moves before you file.

Even though 2024 is behind us, you can still take steps to reduce your tax liability, increase deductions, and set yourself up for a financially strong year.

Discover essential year-end tax planning strategies to minimize your tax liability and maximize savings. Learn how to optimize your finances with expert tips on deductions, investments, and more

03/21/2025

Planning your legacy starts with a conversation.

Family meetings help reduce anxiety, improve financial literacy, and help future generations feel confident carrying the torch.

From discussions regarding estate planning and long-term care, to investment strategies and family values, regular meetings encourage open communication and shared decision-making.

Learn how to host meaningful family meetings with this guide:
https://www.finivi.com/family-meetings-your-essential-guide-building-lasting-legacy/

Discover how family meetings can strengthen relationships, reduce financial anxiety, and ensure a lasting legacy. Learn how these gatherings foster open communication, financial literacy, and shared values across generations.

03/20/2025

Retirement is more than just money—it’s about purpose!
You’ve worked hard, saved diligently, and planned for financial security in retirement. But have you thought about what comes next?

💡 What will give your days meaning?
💡 How will you stay engaged and fulfilled?
💡 What’s your vision for life after work?

Many retirees focus on saving, but not enough on how they’ll spend their time. Studies show that having a sense of purpose in retirement can lead to greater happiness—and even a longer life.

Whether traveling, volunteering, mentoring, or pursuing lifelong passions, a retirement lifestyle plan is just as important as financial preparation.

Discover how to align your financial goals with a fulfilling retirement lifestyle in this Finivi Inc. article:

https://www.finivi.com/retirement-planning-purpose-beyond-money/

What does your dream retirement look like? Let us know in the comments! 👇

Uncover the key to successful retirement with purposeful retirement planning that focuses on both finances and personal fulfillment.

03/19/2025

Helping kids develop smart money habits early sets them up for lifelong financial success. Many children earn an allowance through chores, but without guidance, they may struggle with impulse spending, neglect saving, or fail to make thoughtful purchasing decisions.

This article shares actionable strategies to teach kids how to budget, compare prices, and recognize the value of saving for bigger goals—helping them build a strong, financially responsible mindset that will benefit them in the long run.

One fun idea? A 'taste test' challenge to show that store-brand products can be just as good as name brands! Read more here:

Discover effective methods for teaching kids to be thrifty, ensuring they develop strong financial habits for the future.

03/15/2025

Federal worker layoffs are shaking up the U.S. government, leaving thousands uncertain about their next steps. From navigating FERS retirement options to understanding unemployment benefits, this guide breaks down critical decisions and strategies to help affected employees secure financial stability in these challenging times. Stay informed, plan ahead, and explore your options to make the best of this transition.

The recent layoffs of federal workers have sent shockwaves through the U.S. government, leaving thousands of employees uncertain about their future. As the Department of Government Efficiency (DOGE) continues to downsize the federal workforce, many are forced to consider early retirement or apply fo...

02/18/2025

Did you know Medicare late enrollment could cost you a lifetime of penalties? Don't let missing deadlines drain your retirement savings! Learn how to avoid these costly fees in our essential guide.

Medicare is a crucial health insurance program for Americans aged 65 and older and for certain younger individuals with disabilities. However, failing to enroll in Medicare at the right time can result in costly penalties that may last a lifetime. This article will explore the penalties associated w...

11/29/2024

Discover how social media is revolutionizing retail investment strategies in the digital age. Learn about the power of social selling and its impact on the financial landscape in our latest article, "The Social Selling Revolution: How Social Media is Transforming Retail Investment Strategies."

Social selling is poised to revolutionize the retail landscape, transforming how businesses interact with consumers and ultimately impacting investors. This innovative approach to commerce leverages social media platforms to create seamless shopping experiences, blurring the lines between social int...

11/18/2024

Target date funds, while popular in employer retirement plans, can limit your investment potential with their rigid "one-size-fits-all" approach and inability to adapt to changing market conditions. Discover smarter alternatives that can provide the personalization and flexibility needed to better achieve your retirement goals.

Target-date retirement funds have become increasingly popular within employer-sponsored retirement plans in recent years, offering investors a seemingly simple “set it and forget it” approach to retirement planning. However, the static nature and inflexible asset allocation of these funds can pr...

11/16/2024

Learn how to maximize your tax savings before 2024 ends! From optimizing deductions to leveraging retirement accounts, discover essential strategies to reduce your tax liability and set yourself up for financial success in the coming year.

As 2024 draws to a close, it’s time to take a proactive approach to your tax planning. With the right strategies, you can potentially reduce your tax liability, maximize deductions, and set yourself up for financial success in the coming year. Here are comprehensive year-end tax planning tips to c...