MPACT Financial Group, LLC

Many business owners plan to fund retirement by selling their company someday. But a profitable business and a sellable business aren’t always the same thing.

Profit doesn’t guarantee a buyer: Buyers want a company that can run without the founder. If sales, relationships, or daily decisions depend on you personally, the value may be lower than expected.
The transition window is getting crowded: Millions of small businesses are expected to change hands by 2035, which could mean more sellers competing for qualified buyers.
Start earlier than feels necessary: Strong exits usually take years of preparation, from documenting systems to building a team that can operate independently.
If your exit strategy is “sell the business someday,” here’s more about what that requires: https://bit.ly/4eiTJMa

The Missing Piece Of Retirement Planning For Business Owners Many business owners expect selling their company to fund retirement. Learn why business readiness is the missing piece of retirement planning.

🇺🇸 Happy 4th of July! 🇺🇸

For 250 years, America has been a story still being written—a story of courage in the face of adversity, hope that outshines uncertainty, and ordinary people accomplishing extraordinary things together.

Today, we honor those who dreamed boldly, sacrificed selflessly, and believed that freedom was worth protecting for generations yet to come. Their legacy lives on in each of us, reminding us that the future is shaped not only by where we’ve been, but by the choices we make today.

As we celebrate this Independence Day, may we be inspired to lead with kindness, serve with purpose, and leave our communities stronger than we found them. May we never lose sight of the ideals that unite us: liberty, opportunity, resilience, and the belief that tomorrow can be better than today.

Here’s to 250 years of perseverance, possibility, and promise—and to the generations who will carry that torch forward.

Happy Independence Day, and Happy Birthday America ❤️🤍💙

On this Father’s Day, we celebrate the bonds that connect generations and the remarkable men who help make us who we are.

Wishing all who are celebrating, remembering, and honoring a father today a day filled with love, gratitude, cherished memories, joy, laughter and peace. 💙

Thinking about tying the knot again? Congrats! But before saying "I do," it's crucial to have the money talk. From financial disclosure to prenuptial agreements, find out the steps you can take to protect yourself and your future: https://bit.ly/3M2PoxZ

Saying 'I Do' for the Second Time? Here are some key financial moves to consider before taking your second trip down the aisle.

Social Security's retirement trust fund is now projected to face a funding shortfall in 2032, a year sooner than previously expected, and Medicare's hospital fund faces the same in 2033. Here's what the new projections could mean for your retirement: https://bit.ly/4uqomUL

Social Security's retirement trust fund faces a projected funding shortfall in 2032, a year earlier than expected Medicare's hospital insurance trust fund will be unable to pay full benefits in 2033, unchanged from last year's estimate.

A fulfilling retirement usually takes more than a financial plan. Here’s how to make the transition more meaningful:

Plan before you leave: Talk to people who are already retired, consider easing in with part-time work, and think about what you want daily life to look like.
Bring your values with you: If work gave you connection, creativity, or purpose, look for ways to rebuild those through volunteering, hobbies, travel, or community involvement.
Create structure: Too much open time can be difficult, while a routine can help support mental and emotional well-being.
See what experts say can help you thrive after leaving the workforce: https://bit.ly/4avLjPd

June is a smart time to check in on the money habits you’ve built so far this year. Poor financial habits can quietly derail savings, increase debt, and limit future options, but small changes can help you get back on track before year-end.

Build a budget: Track income and expenses for at least 30 days to see where your money actually goes.
Automate savings: Set up payday transfers so you are saving before the money can be spent.
Face debt directly: Review balances, terms, and interest rates so you can prioritize repayment strategically.
Small habit changes today can reshape your financial future. Here’s where to start: https://bit.ly/4fdHvFD

How to keep bad financial habits from becoming permanent The first step in addressing poor financial habits is recognizing that meaningful change begins with individual actions.

Identity theft can happen fast, but a few smart habits can make you harder to target.

Lock your credit: A credit freeze at all three bureaus can help prevent new accounts from being opened in your name.
Strengthen logins: Use unique passwords, a password manager, and two-factor authentication whenever possible.
Stay alert: Review financial accounts and credit reports regularly so you can catch suspicious activity early.
Read the full checklist of steps to help protect your personal and financial data: https://bit.ly/3RhIs5P

Tips to protect your personal financial information Taking strides to protect personal data is important to safeguard one’s financial security.

“Our debt to the heroic men and valiant women in the service of our country can never be repaid. They have earned our undying gratitude. America will never forget their sacrifices." - Harry S. Truman

We will always remember 🤍

Not all inheritances are gifts—some assets can burden your heirs with hidden costs and family feuds. Without careful planning, assets meant to help your family could instead become a burden:
Plan early: Work with an estate attorney to identify assets that may cause complications—like timeshares or businesses—and decide how to handle them.
Talk it out: Discuss your wishes with heirs now to prevent conflict and confusion later.
Keep it simple: Cash and investment accounts are easiest to divide and least likely to spark disputes.
Source: https://bit.ly/jqeljkhiTh

7 Things You Should Never Leave to Your Kids or Grandkids Leaving these assets to your loved ones may be more trouble than it’s worth. Here's how to avoid adding to their grief after you're gone.