Guided Financial Advisors

🚀 Exciting News from Guided Financial Advisors! 🚀 We’re thrilled to announce the opening of our new St. Petersburg office, marking an exciting milestone in our mission to provide exceptional financial guidance and support to more individuals and businesses. Leading this new office are two outstanding professionals: 🌟 Austin Burnett – A seasoned financial advisor with a passion for helping clients navigate their financial journeys. Austin brings a wealth of expertise in strategic financial planning and client relationships. 🌟 Giulliano Guimaray – A dedicated financial strategist with a strong focus on personalized solutions and wealth management. Giulliano’s approach empowers clients to secure their financial futures and achieve their long-term goals. Together, they form a dynamic leadership team ready to serve the St. Petersburg community and beyond, offering expert financial advice tailored to meet the unique needs of each client. Stay tuned for exciting updates from our new location, and please join us in welcoming Austin and Giulliano to their new roles! #FinancialPlanning #GuidedFinancialAdvisors #NewOffice #StPetersburg #TeamGrowth #WealthManagement #FinancialLeadership #ClientFocused

As HOAs govern 30% of U.S. housing and nearly 65% of new single-family homes, they’re becoming harder to avoid. While they provide amenities and neighborhood upkeep, they come with added costs and restrictions that can surprise buyers. HOA fees range widely—from $100/year to $1,000+/month—and often increase over time. Understanding their rules, finances, and governance is crucial before purchasing a home in an HOA community. At Guided Financial, we help clients assess the financial impact of HOAs and make informed decisions when buying a home. Let’s discuss how this growing trend could shape your next investment. #Homeownership #FinancialPlanning #RealEstate #GuidedFinancialAdvisors https://lnkd.in/epx_6pDn

Important Hurricane Update: 401k Access for Disaster Relief For anyone impacted by recent hurricanes, if your state has been declared a "Disaster Zone" by FEMA, there’s some financial relief available: ✅ 401k Access with No Early Withdrawal Penalty: You can access your 401k funds without the standard 10% early withdrawal penalty before age 59½. States that likely qualify include Tennessee, Virginia, Georgia, South Carolina, North Carolina, and Florida. 💡 Flexible Tax Repayment Options: You can opt to spread out the tax payments over a 3-year period. And if you’re able to replace the funds into your 401k within those 3 years, you may even avoid owing taxes on the withdrawal. This measure is designed to provide critical financial flexibility to those who need it during recovery. For more specific guidance on your plan, consult a financial advisor or tax professional. Stay safe and take care! #HurricaneRelief #401k #DisasterRelief #FinancialPlanning https://lnkd.in/d9-KUEgC

The IRS just announced changes for 401(k) and IRA contributions in 2025, and there’s good news for retirement savers: 1️⃣ 401(k) Contribution Limit Increase: The annual limit rises to $23,500, giving you more room to grow your nest egg. 2️⃣ Enhanced Catch-Up Contributions: For those aged 60-63, workplace retirement plan catch-up limits increase to $11,250. 3️⃣ IRA Contributions: The limit holds steady at $7,000, but every bit still counts toward your future. These updates are a great opportunity to maximize retirement savings and benefit from tax-advantaged growth! #RetirementPlanning #401k #IRA #FinancialWellness #RetirementSavings #IRSUpdates #FuturePlanning #FinancialFreedom #TaxAdvantaged #WealthBuilding https://lnkd.in/gwhprYsC

The global fight against inflation has seen significant progress, according to the IMF’s latest World Economic Outlook. Inflation, which spiked in the wake of the pandemic, is projected to fall from 6.7% in 2022 to 4.3% by 2025. This decline comes with minimal impact on economic growth, a surprising and welcome outcome. For businesses and investors, this signals a more stable economic environment with lower borrowing costs as central banks, such as the Federal Reserve and the European Central Bank, reduce interest rates. At Guided Financial, we closely monitor these macroeconomic shifts to help our clients navigate the evolving financial landscape. As inflation cools and economic growth stabilizes, strategic planning becomes even more crucial to capitalize on new opportunities while mitigating potential risks like government deficits and geopolitical tensions. Let’s talk about what these changes mean for your financial future. #IMF #FinancialPlanning #Inflation #EconomicGrowth https://lnkd.in/eFta28ts

Good read on economic issues facing our nation as election week looms. #economy #election #inflation #jobs #imigration #taxes #deficit #guidedfinancialadvisors https://lnkd.in/e9HRX8Sd 

Many people tend to think about their age in relation to utilizing their retirement assets when planning for the future. However, another aspect that some forget to take into consideration is location. According to the US Department of Health and Human Services, research projects found that 56% of Americans who are 65 or older will require long-term care services in their lifetimes. For this reason, it's important to evaluate where you live as your needs might change in the future. I.E. if you wish to remain independent, but need assistance with your daily non-medical activities you might choose to live in an assisted living facility. Whereas, if you need access to full-time skilled nursing care in addition to housing, meals, and custodial care; then CCRCs (Continuing Care Retirement Communities) might be right for you. To learn more about how you can plan for your possible future living needs, we suggest you give this article a view below. #guidedfinancialadvisors #longtermcare https://lnkd.in/ezibqSJZ

Those who've been following our page, know that we've been continuing to monitor the latest with inflation. In the latest report from CPI (Consumer Price Index); headline inflation was up over 3.5% over the previous year whereas core CPI was even higher at 3.8%. While this increase was only 0.1% higher than analysts' projections; this news implies that inflation seems to still be rearing its head. While this news sounds alarming, inflation is far below its peak from June 2022 of 9.1%. This was thanks due in part to the Fed, as from March 2022 to July 2023; rates were raised from historical lows to currently 5.25-5.5%. In theory, higher rates typically make it less attractive for businesses to expand and deters consumers from further spending; thus, suppressing prices and demand. But the opposite has remained as PCE (Personal Consumption Expenditures) in March of 2024 rose 0.8%. If you wish to get to the bottom of what's these numbers mean; we encourage you to give this article a view and let us know what areas you're experiencing challenges with inflation below! #guidedfinancialadvisors #CPI #inflation https://lnkd.in/e5egsjR2

In recent years, many Americans have taken a pause on purchasing their next home as US home prices remain historically high. In 2023 for instance, US home values home values appreciated to an annual record of $389,800. Although, home prices eventually came down to $382,600; median home prices still remained at levels which were 4.4% higher for the end of December 2023. But the real question you might be asking, is what caused these prices to spiral out of control? Well, as interest rates spiked; mortgage rates and home prices rose; causing pricing barriers for those who wanted to purchase homes. In addition, for those who wanted to sell their homes have become reluctant as they would have to finance their home at higher rates; thus, causing a major shortage of housing inventory on the market. To illustrate the aftermath, the National Association of Realtors had stated that the home sales have fallen to its lowest levels in 30 years (4.09 million units). For more on the story, we encourage you to give this article a view below!  #guidedfinancialadvisors #housing https://lnkd.in/eWgBs_8w

As the years continue to progress, It seems the SECURE 2.0 Act continues to unfold dramatic changes. In order continue strengthening the nation’s retirement system, the SECURE Act raised the age mandate for taking RMDs (required minimum distributions) to 73 and 75 in 2023 and for the beginning of 2033 respectively. In addition, this news also means that even though participants with pre-tax money will be required to take their 1st RMD for the tax year you turn 73 (or 75); you have the opportunity to wait till April 1st of the following year before taking your first distribution. To illustrate, if you turn 73 in 2024, you’d need to take RMDs for 2024 no later than actually April 1, 2025. However, if you wait until April of the year you turn 73; you will need to take TWO years worth of RMDs for that year. For more on the latest RMD rules and calculations, we recommend you give this article a view below! #guidedfinancialadvisors #SecureAct #RMD https://lnkd.in/g3Rmjvr4