FAQs About Financial Advice in St. Charles, IL

Managing your finances can get confusing, especially when taxes are involved. Turn to Lewis & Associates Tax Planning, Inc. for the answers you need. We provide sound financial advice in St. Charles, IL, to help you invest in your future. Here are the answers to some of our most frequently asked questions. Please contact us for help with specific inquiries.

Where is the best place to get financial advice?

While you can get simple, one-size-fits-all answers with online research, the best way to get financial advice is to consult with an expert. Every person’s situation is different, so it’s important to discuss all the details with a professional to get truly sound advice.

When should I talk to a tax expert?

You should consult with a tax expert whenever you are unclear about how to file your taxes or an event occurs that you believe may impact your taxes. For example, if you inherit money or property, experience a significant change in your salary, get divorced, or go through another big life event, it’s best to check in with a professional. You should also consider wealth management services if you receive a major windfall or a raise.

Am I on track for retirement?

Retirement planning is different for every person, so the only way to know for sure if you are on track is to discuss your situation with an expert. You’ll need to consider what your retirement savings currently look like, how much you’ll be able to save in the future, how comfortably you want to live in retirement, and the possible impacts of inflation.