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How a Fee-Only, Flat-Fee Financial Planner Can Save You $114K+

MainStreet Financial Planning

The two most common pricing models are fee-only financial planners (flat-fee or fixed-fee advisors) and AUM-based financial advisors (who charge a percentage of assets under management). While AUM advisors may seem appealing, they often come with high lifetime fees and potential conflicts of interest.

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Financial Advisor vs Self-Investing: Why Self-Investing May Not Always Be a Good Idea

WiserAdvisor

Today, you can choose from different types of financial advisors , such as fee-only, commission-based, hourly, AUM-based, or whatever works for your financial situation. DIY can be stressful and overwhelming Juggling multiple investments like real estate, 401(k)s, IRAs, crypto, and others can be a lot. Don’t be.

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Year-End Financial Checklist

Walkner Condon Financial Advisors

However, if your budget doesn’t allow for that level of contribution, we encourage you to contribute at least enough to receive your full company match, if that is offered. As we look forward to 2023, the IRS recently announced that the contribution limits for employer-sponsored retirement plans are going up. TAX AND ESTATE PLANNING.

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Is it Wise to Put All Your Money With One Financial Advisor?

WiserAdvisor

Some investors may require the services of multiple advisors as they have extensive investment portfolios comprising real estate, art, collectibles, global businesses, etc. How big your investment budget is also has a say in this decision. Not only will this affect your budget but also eat into your returns.

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10 Money Lessons I’ve Learned as a Financial Planner

Your Richest Life

This is why everyone needs a budget, because no matter how much money you have coming in, you should still have a plan for it. Money lesson #8: Estate planning is important, and nobody really wants to do it. Money lesson #3:Prioritize retirement savings. That will bring you much more fulfillment in the long run.

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Fall Checklist for Financial Wellness

Your Richest Life

Use the time now to look ahead at upcoming expenses, set a budget, and look into deals if you can. If you plan on traveling, set alerts now to get the best deal on flights and hotel costs. There can be a lot of expenses in a short period of time, and it’s easy to get carried away. Check these tasks off your list by Dec.

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Legitimate Ways to Help Ukraine

Your Richest Life

Charitable Giving: How to Work it into Your Life, Budget and Estate Planning. At Your Richest Life, Katie Brewer, CFP®, believes you too should have access to financial resources and fee-only financial planning. Natural Disasters: Prepare Your Family and Help Others. About Your Richest Life.