Andy Rose Wealth Management

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Albemarle, NC
Andy Rose Wealth Management

As the founder of Andy Rose Wealth Management, my goal is simple. To help position the clients of my firm on a path to financial success.

Securities and advisory services are offered through LPL Financial, a registered investment advisor, member FINRA/SIPC. www.finra.org, www.sipc.org. Third party posts found on this profile do not reflect the views of LPL Financial and have not been reviewed as to accuracy and completeness. The LPL Financial registered representatives associated with this page may discuss and/or transact business o

nly with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state.

05/11/2025

We’d like to celebrate all the moms who have shaped our lives—not only through their love, but also through their lessons, guidance, discipline, and values that we’ve come to appreciate even more as we’ve gotten older.

As financial professionals, we have the privilege of working with so many incredible mothers—women who are building legacies, guiding their families, and making thoughtful financial decisions designed to impact generations to come.

To the mothers we serve and to those who have shaped who we are—thank you.

Wishing you and your loved ones a happy Mother’s Day.

05/09/2025

🎓 What’s the biggest money mistake you made at 18?

Graduation season is here! But diplomas aren't the only thing new grads are getting. Between gifts from family and friends, it’s not uncommon to receive thousands of dollars before heading off to college.

What happens to that money?

For many, it vanishes—new gadgets, travel, nights out. But for those who take it seriously, it can be the start of financial independence (or at least a financial education).

Here’s what we wish every graduate (and their parents) thought about before that money is gone:

🔹 Green Light, Red Light: Some spending is necessary, but learning when to hit pause is a critical financial skill.

🔹 Budgeting Reality Check: Tuition, books, meals, entertainment—does your student really know what college actually costs?

🔹 Checkbook Mentality: Money you don’t “see” is the easiest to spend. Tracking income and expenses still matters.

If you could go back, what money insights would you give your 18-year-old self? Drop it in the comments! 👇

05/06/2025

May is Military Appreciation Month, a time to recognize the dedication and sacrifices made by those who have served or currently are serving in the armed forces.

Some of the families whom we work with have a connection to the military—whether they have served themselves or have loved ones who currently are serving.

Their experiences remind us of the sacrifices made, not only by those in uniform, but also by their families.

Their commitment protects our freedoms, and their service deserves appreciation—not just this month, but every day.

Thank you to all who have served, are serving, or support those who do.

05/05/2025

What’s one local business you always recommend?

As financial professionals, we have the privilege of working with business owners who not only build successful companies but also create jobs, support their employees, and give back to their communities.

Being a small business ourselves, we understand the challenges and rewards that come with running a business.

The dedication, resilience, and vision required to grow something from the ground up are worth celebrating—not just this week but every day.

Know a small business or business owner doing great work? Give them a shout-out in the comments—let’s celebrate them! 👇

05/02/2025

How much life insurance do you need?

The answer to that can depend on many factors…

May 2 is National Life Insurance Day, a reminder to evaluate whether you’ve adjusted your insurance as your life has evolved and, ultimately, whether you feel comfortable with the amount of coverage you have.

Some key questions to consider:
🔹 What would your family do without your income?
🔹 Does your coverage reflect your current financial situation?
🔹 Have your needs changed due to life events like marriage, children, or business ownership?

For many, life insurance is about more than helping with expenses; it’s about creating a legacy, protecting a business, or looking to provide for future generations. Yet, too often, it’s put off until “later.”

A word of caution: you should consider determining whether you are insurable before implementing a strategy involving life insurance. Several factors affect the cost and availability of life insurance, including age, health, and the type and amount of insurance purchased. Any guarantees associated with a policy are dependent on the ability of the issuing insurance company to continue making claim payments.

When was the last time you reviewed your coverage? Message us if you’d like to review how your life insurance fits into your financial picture.

05/01/2025

Hurricane Season Is Coming—Are You Prepared? 🌪️

Each year, hurricanes remind us how quickly life can be disrupted. National Hurricane Preparedness Week is a chance to check in on the plans that keep families, homes, and communities safe.

A few key steps to consider:
✔ Know Your Risk: Understand how hurricanes could impact your area, even if you don’t live on the coast.
✔ Have an Evacuation Plan: Map out multiple routes and keep important documents easily accessible.
✔ Review Insurance Coverage: Standard homeowners policies don’t always cover flood damage, so double-check your coverage to see what's included.
✔ Build an Emergency Kit: Food, water, medicine, and power sources can make all the difference in the days after a storm.

No one can control the weather, but preparation can make all the difference. What’s one step you take to be hurricane-ready? Drop your tips in the comments! 👇

04/29/2025

Here’s a question for everyone… 🤔

What makes for a truly happy retirement? 🏖️

For many, retirement starts with financial preparation—but the happiest retirees go beyond the numbers. Finding fulfillment, purpose, and joy in this next chapter is just as important as funding it.

According to MassMutual’s 2024 Retirement Happiness Study, the retirees who report the greatest satisfaction are:

✅ Spending quality time with loved ones (76%) 👨‍👩‍👧‍👦
✅ Staying active with regular exercise (70%) 🏃‍♂️
✅ Pursuing meaningful hobbies (63%) 🎸
✅ Embracing travel opportunities (62%) ✈️

The transition into retirement isn’t just about having enough—it’s about knowing how to enjoy it to the fullest.

What are you excited to do when you retire? Add your ideas below! 👇

04/23/2025

Behind everything we do for our clients are our dedicated, talented administrative professionals. They make it all possible.

Their impact is felt in every part of our work. They keep our systems running and our schedules on track and are really the backbone of our team.

To our incredible team: Thank you for your dedication, problem-solving, and the countless ways you help us serve our clients every day. We couldn’t do it without you!

04/22/2025

🌍 As financial professionals, we focus on long-term preparations, and that mindset often extends beyond finances.

The world is making progress toward sustainability, and the numbers tell an interesting story:

🌱 Over 157 million trees have been planted under Canada's 2 Billion Trees Program as of 2024, with agreements to plant 716 million trees either signed or in negotiation, according to a November 2024 update from Woodworking Network.

☀️ Global solar power capacity additions surged by 74% in 2023, reaching a record 346 GW of new installations, Ember reported in May 2024. Solar accounted for three-quarters of all renewable capacity added worldwide in 2023.

💧 The Ocean Cleanup has removed over 10,000 tons of plastic waste from oceans and rivers worldwide as of April 2024. In the Great Pacific Garbage Patch alone, they removed more than 450 tons of trash over the past three years.

These milestones highlight the power of innovation, investment, and collective effort. Small steps, taken over time, can lead to lasting impact—whether in financial preparations or environmental progress.

Today we recognize the advancements being made and the continued role we all play in shaping a more sustainable future. 🌍

04/18/2025

College acceptances are rolling in! 🎓

But what’s the true cost of higher education? It goes far beyond tuition.

Many families don’t realize that room and board, travel, books, and ad hoc expenses (think ride-shares and late-night food delivery) can add $10- $20k!

Here are some things we suggest our clients look out for: 👇

📌 Financial Aid Isn’t Always Clear – Award letters vary, making comparisons tricky. Knowing how to analyze and appeal aid can make a big difference.

📌 Not All Loans Are Equal – Federal loans can have lower rates (6.53% for undergrads in 2024-25). Parent PLUS Loans come with 9.08% interest and are the parent's responsibility. Understanding the options is key.

📌 529 Plans Require Smart Withdrawals – Timing matters. Missteps can lead to unexpected taxes and penalties.

A 529 plan is a tax-advantaged college savings plan. Before choosing a plan, it's important to consider not only the state tax treatment but also any associated fees and expenses. Availability of a state tax deduction will depend on your state of residence, as state tax laws and treatment may vary from federal tax laws. If you make nonqualified distributions, earnings will be subject to income tax and a 10% federal penalty tax.

📌 College Rankings Aren’t Everything – Prestige fades, but career success can ultimately depend more on a student’s major, experience, and skill set than the name on the diploma.

If you’d like to review your college saving strategy, feel free to message us. 🎓 📊

04/15/2025

With taxes top of most people’s minds…

Have you ever wondered how long you should keep your tax records?

According to the IRS, here are the guidelines:

3️⃣ Basic tax records: Keep for 3 years after filing
4️⃣ Employment tax records: At least 4 years
6️⃣ Unreported income documents: 6 years if over 25% of gross income
7️⃣ Loss from securities: 7 years
♾️ Some records (like property-related documents): Keep until you dispose of the asset

Before discarding any records, check if other entities (like insurance companies or creditors) require them for longer periods.

Remember, the IRS is providing this information as a general guideline. Consult with your tax, legal, or accounting professional before changing any of your record-keeping SOPs.

Address

234 E. North Street
Albemarle, NC
28001

Website

HTTPS://www.andyrosewealth.com/

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