At this time of year, we shift our focus to something truly fascinating – the net worth summaries of our valued clients. It never ceases to amaze us as we delve into the diverse range of net worth returns from one family to another. How is it possible that the 2023 net worth outcomes for over 65 families, all with similar portfolios, exhibit a staggering 60% variation year over year?  Now, you might be curious about why Bienvenue Wealth places such significance on net worth summaries rather than the typical portfolio performance reporting. Well, here’s the heart of the matter – your fami ..read more

New Orleans is a spirited city with no lack of energy, culture, and excitement. But did you know it’s also a great place to call “home” in retirement? With such diverse neighborhoods, you can find the perfect living space to support the retirement lifestyle you’ve always envisioned. In this article, we’re exploring some of New Orleans’s top neighborhoods and what makes them ideal for those considering relocating here in retirement. The French Quarter: Historic Charm and Entertainment Few neighborhoods are more famous in the country than the French Quarter—and for good reason. This iconic area ..read more

Thinking of retiring to New Orleans? If this city is on your radar, you may already know why it’s a fantastic retirement destination. If you haven’t considered New Orleans, now is the time! There’s much to say about The Big Easy, from the culture to the cuisine to the community. Read on to discover why New Orleans is an excellent place for retirees.  The Rich Cultural Heritage of New Orleans New Orleans is a city rich in history. You’ve heard of Mardi Gras, but did you know that the name of the celebration comes from Native Americans? The indigenous people of New Orleans, otherwise known ..read more

By working with the right financial experts, you can gain peace of mind, maximize your savings, and better achieve your financial goals. The post What Financial Professionals You Should Have on Your Money Dream Team appeared first on Bienvenue Wealth ..read more

When you’re just a few short years away from retirement, there are some exciting milestones to prepare for. Now’s the time to buckle down and think about what you want your retirement to look like and how your savings strategy can help make it happen. Below we’ve identified five savings milestones you should address as you move closer to your dream retirement. Milestone #1: Determine How Much You Need to Save At this point, you may have a general idea of how much to save for retirement. As you near the final stretch, now’s the time to dig in and decide how much you need to save up before leav ..read more

Surprisingly enough, not all debt is created equal. With so many options, Gen Xers must know how to make purchases without adding bad debt. The post How Gen X Can Balance Making Big Purchases Without Adding Bad Debt appeared first on Bienvenue Wealth ..read more

If you’ve thought about moving in retirement, your list of potential locations is likely long. Your options are virtually endless without the limitations of a nine-to-five job or kids at home. But if you’re looking for somewhere warm, inviting, and full of life, you can’t go wrong with a city like New Orleans. Here’s a look at the top seven reasons why you should focus your retirement planning efforts on The Big Easy. Reason #1: Tax-Friendly Laws New Orleans is a particularly tax-friendly city for seniors, as it offers several notable tax breaks for those in retirement. Not to mention, Louisi ..read more

After the revelry of the Mardi Gras subsides, it’s time to turn your attention toward something less festive: tax season. However you feel going into it, everyone has the same goal: maximize my refund and minimize my tax liability. If you haven’t thought much about your taxes, or have yet to create a tax savings strategy, below are a few considerations to make. Plus, we offer five tips for managing that refund once it comes your way. What to Know About Louisiana State Taxes If you’ve recently moved to Louisiana or simply never put much thought into your state taxes, here’s a quick assessment ..read more

As retirement draws nearer, you and your spouse might start daydreaming about mornings without alarm clocks, vacations at the drop of a hat, or days spent lounging in the sunroom with a bottle of wine. Retirement sure has a lot to offer, but creating the retirement of your dreams does require some planning and preparing — both mentally and financially. That’s where a retirement lifestyle plan comes into play. Here’s what a lifestyle plan is, and how you can start building one that reflects your retirement goals and wishes. I Have a Financial Retirement Plan, Why Do I Need a Lifestyle Plan? Wh ..read more

Almost nothing feels better than getting something for free, but in finance, the word “free” almost always requires air quotes.  What’s the catch behind these “free” offers, and how could taking them end up costing you more (money and pride)? Breaking Down The “Free” Myth We live in a capitalist society… nothing is free.  So, if something is marketed as “free” in the finance world, there’s likely a secret web of fine print you’ll find yourself stuck in sooner or later. But it’s a word that garners attention, inadvertently causing people to fall into its trap.   Take tax fi ..read more