Please join us in person in the Brubeck Room for an educational workshop that may help you in these volatile times. Michael Alimo from USA Financial and Tax Services returns to Wilton Library to discuss how inflation and taxes may affect your retirement.

Given the low level of inflation, is it still an issue for retirement savers and those using their savings to finance retirement expenses? Since 2009, inflation averaged about 1.8% per year. Over the last 50 years, inflation has averaged about 3.2%.  

Due to the low inflationary & interest rate environment, investors have found it next to impossible to receive an acceptable rate of return to keep pace with inflation in traditional CD’s & Money Market accounts. This erodes the “purchasing value” of your money for everyday needs. The question for retirement savers is how to mitigate the impact of inflation. The answer lies in creating a diversified portfolio that includes equity investments. 

Taxes have been a concern for many Americans for decades now. With rising deficits on the federal, state and municipality level, where does that leave the taxpayer? As they head towards retirement most Americans have squirreled away a fair amount of assets “tax-deferred”.  What are these assets truly worth when needed? Currently tax law changes are being discussed and changes may be coming. Get prepared. 

Advance registration required.  Register online or call 203-762-6334.  Contact asato@wiltonlibrary.org with any questions.

Beginning 30 years ago working for various Wall Street brokerage firms, veteran financial advisor Michael Alimo (Investment Advisor Representative, ChFEBC) have been devoted to serving clientele in CT and the New England region for 18 years at his USA Financial & Tax Services, LLC. With a focus on retirement planning and risk management, his services portfolio includes: comprehensive financial planning; investment and portfolio management; wealth preservation and transfer strategies; individual, business and estate tax planning; IRA and 401K rollovers; educational funding; Insurance and Long-Term Care planning, as well as tax preparation. In gratitude for many years of business and support from clients and friends around the state, Michael remains committed to giving back to the community via informational presentations and educational workshops. He has hosted many seminars, speaking to groups about a broad array of financial, investment and retirement topics. Venues have included libraries, universities, churches and congregations as well as many of the local town continuing education programs.