7 Ways to Invest in Your Health | |
Watercolor of Mueller Park in Austin, by Cass Grange | |
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Hello Megan,
The beginning of the year is the time for resolutions. One of the top resolutions for Americans is better health. This is an important part of your investment portfolio because, without good health, you may not be able to travel, visit grandchildren, volunteer, or do all the things you dream of doing. Using your resources to improve your health can be a great investment. People ask if joining a gym is a good idea, and the answer is yes, IF you will go to the gym and use it! Some people are motivated by group activities, others need a trainer, and others enjoy a Peloton membership. This month we asked concierge health coach, Celeste Wade, to give us her thoughts on wealth and health.
Sincerely,
Cass, Bleckley and Megan
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Celeste Wade, Concierge Health Coach
celestedwade@gmail.com
(310) 980-2882
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You think about financial investments and wealth management, but how much have you invested in your Health Wealth?
Health Wealth
Good health makes all other things possible and even more enjoyable, yet health is so often neglected due to reasons, such as: “I don’t have time,” “One day, I’ll get around to it,” or a severe case of: “I don’t want to.” However, if you are not investing in your Health Wealth Portfolio, you and your family are losing assets every day.
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Your Wise Health Wealth Portfolio Checklist
To get started, review this checklist. Assess where you are excelling and lacking in your Health Wealth assets:
1. Food: Lean proteins, 3 to 5 fruits and vegetables a day.
2. Hydration: Minimum of 64 ounces of water a day.
3. Exercise: 20 minutes of high-intensity activity, 3 to 5 times a week.
4. Sleep: Are you getting the amount you need each night? At least 7 to 9 hours is recommended.
5. Strength training: 3 to 4 times per week.
6. Mindset: Are you having fun? Do you have joy? Are you happy?
7. Life Goals: Have a plan for what you will do and more importantly, WHEN?
Now do a cost-benefit analysis of your findings. If you can check off all seven points, you are setting yourself up for an amazing life both now and in the future! If you are not able to check all seven Health Wealth items as being carefully managed, it is time to consider getting some assistance with creating and managing your Health Wealth Portfolio. Your investment in both your and your family’s Health Wealth can be a profitable return on your investment!
Celeste Wade
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Watercolor Wins!
Cass Designed Cards for her Neighborhood. You Can Order Here.
| Cass Grange had the idea to create watercolor cards of her neighborhood, Mueller, also know as the The Old Airport. The neighborhood association, always looking to raise more funds, liked the idea and has been selling them at the Sunday Mueller Farmer's Market. They feature 9 scenes. If you'd like to order some, you can purchase 9 for $25 in the note size or one of the larger 5 by 7 which are suitable for framing. Click here for more information. | | | |
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Inherited IRA Rules Change in 2025
Here is What Beneficiaries Need to Know
After four years of waived penalties for not taking required minimum distributions (RMDs) from IRAs inherited in 2020 or later, the IRS confirmed in July that certain heirs will need to begin yearly RMDs from these accounts starting in 2025. If you are a non-spouse who inherited an IRA 2020 or later, if the original account owner had reached their RMD age before passing away, you will need to take an RMD in 2025. This new rule applies to many beneficiaries under the “10-year rule “ established by the SECURE Act in 2018.
Since the IRS waived required minimum distribution (RMD) requirements for inherited IRAs from 2020 through 2024, IRA beneficiaries will not face penalties for missed distribuions in those years. If you have any questions, please contact us. We are happy to discuss your distribution strategy with you.
See more at IRS.gov or click here.
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Q1 2025: Quarterly Market Guide
Please review this quarter's market guide by clicking here. We encourage all of our clients to review the straight-forward, easy-to understand guide written by Rafael Villagran, CIO of Genesia Investments and part of our investment team at Watercolor Financial.
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Access your reports - Visit our web page for links to Fidelity (for access to statements and tax documents) and to the Orion portal (for access to performance reports and billing statements): Watercolor Financial website. | |
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ADV P2 Firm Brochure | Form CRS
Investment advisory services offered through Watercolor Financial, a registered investment adivsor. This message contains confidential information and is intended for the recipient. If you are not the intended recipient you are notified that disclosing, copying, distributing, or taking any action in reliance on the contents of this information is strictly prohibited. Email transmission cannot be certified to be secure or error-free as information could be intercepted, corrupted, lost, destroyed, arrived late or incomplete, or contain viruses. The sender therefore does not accept liability for any errors or omissions in the contents of this message, which arise as a result of any email transmission sent or received. This is not a solicitation for investment advice. The contents herein should not be construed as an offer or solicitation for tax, legal or investment advice. Watercolor Financial can only provide investment advice in states where it is registered or exempt from registration. If verification is required, please request a hard-copy version. Certain information contained herein may have been obtained from third-party sources and such information has not been independently verified by Watercolor Financial. No representation, warranty, or undertaking, expressed or implied, is given to the accuracy or completeness of such information by Watercolor Financial or any other person. While such sources are believed to be reliable, Watercolor Financial does not assume any responsibility for the accuracy or completeness of such information. Except where otherwise indicated, the information contained herein is based on matters as they exist as of the date of preparation of such material and not as of the date of distribution or any future date. Recipients should not rely on this material in making any future investment decisions.
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