Suggestion for that tax refund; focus on your financial goals Did you receive a tax refund this year? If so, just remember, that refund is really an interest-free loan by you to Uncle Sam. It's money you could have during the year to pay bills, reduce credit card balances, and bolster your savings.So, one idea for your tax refund is to immediately reduce your withholding, so you don’t receive tax refunds in the future. Take the ‘pay increase’ from the reduced withholding and focus on your financial goals including preparing for retirement.Even small steps today can make a big difference decades down the roadWhile money in the bank and owning a house are easy ways to gauge your financial worth, funds in an individual retirement account (IRA) or other long-term investment might seem too remote to count. But they do. Your future needs are almost as important as your current ones, so treat retirement like any other asset you’re building.Whole life insuranceIf you believe you have a need you may want to consider purchasing a life insurance policy or upgrading a current policy. Unlike term life insurance, which provides coverage for a specified amount of time, whole life insurance lasts for the policyholder’s lifetime, and can potentially earn dividends over time—and possibly a cash value you can access if needed. Premiums tend to be lower the younger you are; lock in a good rate while you can.We’re here to helpA financial professional can help you determine an effective approach to asset building and retirement strategies based on your age, economic status and goals.If you don’t already have one, our agency is an insurance and financial services company that utilizes a distinct macro-economic process with our clients. This nontraditional approach helps our clients understand financial concepts and dynamics, which then forms the foundation for a personalized road map that helps balance growth potential with the reduction of risk for their future.We offer a wide variety of financial products and services to provide these economic strategies for our clients, who include individuals, families and business owners. We are proud of our reputation for helping our clients create possibilities in their lives. Our experienced and knowledgeable professionals provide a "hands on" approach to financial guidance.Withdrawals and loans from a life insurance policy reduce the life insurance policy’s death benefit and cash value. Life insurance is not a retirement plan, investment, or savings account.Dividends are not guaranteed, past performance is not indicative of future results, and actual results may vary.