Westfield, MA 01085 USA
413-569-0015
office@drenenfs.com

Tag: financial planning

Local providers in the entire state of Massachusetts

New Partnership with Future Capital: Elevating Your Retirement Planning Experience

New Partnership with Future Capital: Elevating Your Retirement Planning Experience At Drenen Financial Services, our mission is to provide our clients with the best possible resources and guidance to help them achieve their financial goals. That’s why we’re excited to announce our new partnership with Future Capital, a leader in personalized retirement planning services. This…
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How To Build An Anti Fragile Financial Plan With 4 Buckets

Developing an antifragile financial plan involves purposeful resource allocation, effective protection measures, and thoughtful investment strategies. This article explores how to build financial resilience and navigate volatility for long-term success. Drenen Financial Services in Westfield, MA, is here to help you create a robust financial plan tailored to your unique goals. Call us at 413-569-0015 to set up an appointment or visit our office at 89 South Maple Street. Reach out through our contact page, follow us on Facebook, and explore our blog. For more information on financial planning, visit the Consumer Financial Protection Bureau website.

Are My Student Loan Payments Tax Deductible?

Understanding the student loan interest deduction can significantly impact your financial planning and tax savings. This article explains eligibility requirements and income limits to help you maximize your benefits. Drenen Financial Services in Westfield, MA, is here to guide you through these complexities. Call us at 413-569-0015 to set up an appointment or visit our office at 89 South Maple Street. For more information, reach out through our contact page, follow us on Facebook, and explore our blog. For additional details on the student loan interest deduction, visit the IRS website.

Money Dysmorphia

Flashy cars. Five-figure handbags. Island vacations. With the steady stream of conspicuous consumption on social media, it may be easier than ever to feel that you’re always on a beer budget, even if you can afford a bit of champagne. And there’s a name for that: “money dysmorphia.” This term, while not entirely new, has…
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4 Ways To Think About Your Financial Independence

Achieving financial independence is more than just having enough money to retire—it’s a comprehensive journey involving goal-setting, lifestyle choices, strategic processes, and a resilient mindset. Drenen Financial Services in Westfield, MA, can help you navigate this path with personalized financial planning. To discuss your unique situation, call us today at 413-569-0015 to set up an appointment. Visit our contact page, follow us on Facebook, and explore more insights on our blog. For additional information on federal financial aid programs, visit the Federal Student Aid website.

Do Colleges Offer Financial Aid?

Navigating college financial aid can be complex, but understanding need-based and merit-based grants and scholarships is essential. Use tools like net price calculators and early aid applications to minimize out-of-pocket costs. Drenen Financial Services in Westfield, MA, is here to help you make informed financial decisions. Contact us at 413-569-0015 or visit our office at 89 South Maple Street. Learn more on our contact page, follow us on Facebook, and explore our blog. For more information on federal financial aid, visit the Federal Student Aid website.

How Much Can I Invest In A 529 Plan?

Understanding the contribution limits and investment strategies for 529 plans is crucial for maximizing your child’s education savings. This comprehensive guide covers everything from state-specific lifetime contribution caps to the benefits of regular monthly contributions and lump-sum gifting. Whether you’re a parent or grandparent, planning for your child’s future education expenses can be streamlined with the right knowledge and expert advice. Contact Drenen Financial Services in Westfield, MA, to set up an appointment and ensure you’re making the best decisions for your family’s financial future.

Should I Make Tuition Payments Directly To My Grandchild’s College Or Should I Contribute To A 529 Plan Instead?

Planning for your grandchild’s education involves navigating various financial options, from direct tuition payments to 529 plans. This guide provides an in-depth look at the tax implications, financial aid considerations, and strategies to ensure your contributions effectively support your grandchild’s future. Discover the benefits of early planning and how to make informed decisions with Drenen Financial Services at your side.

Interest Rates On Federal Student Loans Jump To Decade Highs For 2024-2025 Year

Federal student loan interest rates are set to rise again for the 2024-2025 school year, marking the fourth consecutive year of increases. Understanding these changes is crucial for effective financial planning. Contact Drenen Financial Services at 89 South Maple St, Westfield, MA, to discuss how these changes might impact your financial future.