Taking control of your financial future starts with the right guidance. Whether you’re just beginning your career, managing growing assets, or planning for retirement, having a skilled financial advisor can provide clarity, direction, and peace of mind. Tennessee’s financial landscape—with its no-income-tax policy, moderate cost of living, and regional economic diversity—presents both opportunities and complexities that benefit from expert navigation.
At MyStages®, we connect you with experienced Tennessee financial advisors who understand local economic conditions and personal financial planning. Whether you’re looking to eliminate debt, grow your investments, or retire comfortably, our advisors offer insight and support every step of the way. Find the right financial advisor in Tennessee who can help you meet your financial goals with confidence.
Contact Us
Share a few details with us, and you’ll be on your way to our first meeting. We can’t wait to get to know you and your goals and dreams.
Our Network in Tennessee
No matter where you are in the Volunteer State, MyStages® has a statewide network of financial professionals ready to help. From the vibrant cities of Nashville, Memphis, and Knoxville to the growing communities of Chattanooga and Clarksville, our Tennessee financial advisors are equipped to deliver personalized support.
Financial needs and goals often vary by region. In fast-paced urban hubs, you may focus on wealth accumulation and real estate investments, while residents in smaller towns may be more concerned with estate planning and savings strategies. Our advisors understand the diverse economic realities across the state and tailor solutions that make sense for your specific lifestyle and stage of life.
How Can We Help?
Our Tennessee financial advisors offer tailored services designed to help you succeed through every stage of life. Whether you’re looking for day-to-day budgeting help or preparing to transition into retirement, we’re here to provide professional support and strategic planning.
- Financial Planning: Solid financial planning starts with a clear vision. Our Tennessee advisors work with you to create a plan that aligns with your income, responsibilities, and aspirations—whether you’re fresh out of school or decades into your career.
- Investing: The right investment strategy can help you grow wealth and protect your financial future. Our advisors help you build an investment portfolio that reflects your goals, risk tolerance, and life stage—whether you’re saving for college, retirement, or a major purchase.
- Insuring: Insurance is key to protecting your finances. From life and health coverage to disability and long-term care, we help you choose insurance policies that offer peace of mind without draining your budget.
- Retirement / Pre-Retirement: Planning for retirement takes time and foresight. Whether you’re years away or right around the corner, we help you navigate pension options, Social Security, and retirement savings to ensure a stable and comfortable future.
Financial Expertise At Any Stage of Life
Your financial needs evolve over time, and our Tennessee financial advisors are here to help at every step. From early adulthood to retirement, we provide expert insights tailored to your stage of life and your personal financial goals.
- Early Career: Starting out often means learning to budget, paying off student loans, and building a financial foundation. Our advisors help you set priorities, start saving, and build good habits that will serve you for years to come.
- Mid-Career: At this point, many are juggling work, family, and future planning. Whether you’re buying a home in Knoxville, saving for your children’s education, or adjusting your insurance, our advisors help you plan with confidence.
- Pre-Retirement: As retirement approaches, it’s time to refine your financial plan. We help with Social Security analysis, portfolio adjustments, and estate planning so you can retire with clarity and assurance.
- Retirement: Retirement should be about enjoying the life you’ve worked for. We assist with managing fixed income, healthcare costs, and long-term care planning to help you sustain your lifestyle and protect your assets.
Tennessee Financial Facts
Understanding Tennessee’s financial environment can help you make informed decisions about everything from investing to buying a home. With no state income tax and relatively low housing costs, Tennessee offers a strong foundation for financial growth—if you know how to make the most of it.
Income
- Tennessee’s average annual wage is around $56,030, which is below the national average of $65,470. Major cities like Nashville and Memphis offer more competitive salaries, particularly in industries such as healthcare, logistics, and technology, though wages in rural areas can be significantly lower.
Housing
- The median home price in Tennessee is approximately $391,600, making it notably more affordable than the national median of $433,229. Housing affordability and steady demand make Tennessee an attractive market for both homeowners and investors. Areas like Chattanooga and Murfreesboro offer lower price points compared to more expensive hubs like Franklin and Brentwood.
Taxes
- Sales Tax: Tennessee has one of the highest average combined sales tax rates in the U.S. at 9.55%, well above the national average of 7%. The state’s base rate is 7%, with localities adding up to 2.55% more.
- Income Tax: Tennessee does not have a state income tax on wages or salaries, offering residents a unique advantage compared to many other states. This tax policy enhances take-home pay and is particularly beneficial for retirees and high-income earners.
- Property Tax: The average effective property tax rate in Tennessee is around 0.67%, which is significantly lower than the national average of 1.04%. Lower property taxes can make homeownership more affordable and appealing, especially for long-term residents.
- Unique Taxes in Tennessee: Tennessee applies a grocery tax of 4%, making it one of the few states to tax food purchases directly. But, there’s no state estate or inheritance tax, offering an advantage to those planning generational wealth transfers.
Looking for trusted financial advice in Tennessee? Connect with a MyStages® advisor and build your future with confidence—wherever you are in the Volunteer State.