WiserAdvisor

JUNE 11, 2025

If you are unsure how this impacts your personal retirement strategy, you can also consult a financial advisor to understand the impact of tariffs on the stock market and how you can protect yourself. Still, while your 401(k) may benefit from long-term investing, your monthly budget could feel the impact of tariffs right now.

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WiserAdvisor

JUNE 26, 2025

What many underestimate (often drastically) is the size of the piece of that plan that should be devoted to healthcare. This article is a deep dive into healthcare costs in retirement. The overlooked cost of retirement: Healthcare expenses Let’s start with a number most people underestimate, by a lot. to 2 times.

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WiserAdvisor

JUNE 27, 2025

Healthcare costs can be brutal This is one of the most overlooked challenges of early retirement. Unless you’ve planned a dedicated healthcare bridge (or have access to employer-sponsored retiree coverage), this cost can derail even the most detailed budget. Medicare doesn’t kick in until 65. Retiring at 55? The difference?

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Yardley Wealth Management

DECEMBER 10, 2024

The post Strategic Retirement Planning Guide for Single Women: Expert Financial Advice appeared first on Yardley Wealth Management, LLC. Plan for Longevity Women typically live longer than men, which means they need to plan for a longer retirement period and potentially higher healthcare costs.

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Carson Wealth

MAY 8, 2025

From there, estimate your future monthly expenses, including housing, healthcare, travel, and entertainment. Healthcare emergencies, unexpected home repairs, or the sudden loss of a loved one can shake up even the best retirement plan. Seek guidance from a trusted financial advisor with whom you can engage for a financial plan.

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Yardley Wealth Management

NOVEMBER 26, 2024

Start by calculating your anticipated income and expenses during your leave, including any paid time off, disability benefits, or other sources of income, as well as your monthly bills, healthcare costs, and childcare expenses. Take Care of Yourself Finally, remember to prioritize self-care during your maternity leave and beyond.

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WiserAdvisor

OCTOBER 4, 2022

There are multiple factors to weigh in, right from healthcare and inflation to estate planning, business succession planning, tax planning, and more. These expenses may form a large part of your budget today but may not likely figure in the future. Healthcare: Evidently, the first expense to be worried about is healthcare.

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WiserAdvisor

AUGUST 31, 2023

Financial advisors play a crucial role in assisting you before your retire. They can assess your financial situation, long-term goals, risk tolerance, and investment preferences to create personalized strategies. The benefits of having a financial advisor extend far beyond your working years.

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Clever Girl Finance

SEPTEMBER 11, 2023

Like many, you might shudder at the word budget, or perhaps it sounds too boring or challenging to figure out. But the 50-30-20 rule and the 50 30 20 budget template prove it doesn’t have to be difficult. If you’re looking to simplify your budgeting process or are new to budgeting, then this might be the perfect match!

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Fortune Financial

AUGUST 8, 2023

Healthcare Costs After Retirement — Securing Your Parents’ Future Retirement is a long-awaited phase of life where individuals can enjoy the fruits of their labor and enjoy well-deserved rest. However, one significant concern that often lingers in the minds of retirees and their families is healthcare costs.

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Fortune Financial

AUGUST 8, 2023

Healthcare Costs After Retirement — Securing Your Parents’ Future Retirement is a long-awaited phase of life where individuals can enjoy the fruits of their labor and enjoy well-deserved rest. However, one significant concern that often lingers in the minds of retirees and their families is healthcare costs.

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Carson Wealth

APRIL 4, 2024

This might also be a good time to begin attending meetings with your parents’ financial advisor. Some adult children are hesitant to ask to join these meetings, but let me reassure you that a good advisor will welcome your participation. And don’t forget to prioritize your own self-care and financial needs.

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James Hendries

SEPTEMBER 25, 2022

Draft a Retirement Budget. Even if you haven’t adhered to a strict budget during your working years, having a budget during the early months of retirement may be crucial—spending more than you’ve planned or failing to anticipate certain large expenses may impact your future retirement income. 1 [link].

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Carson Wealth

OCTOBER 3, 2024

This cushion will allow you to maintain your lifestyle without feeling financially strained. Create a Post-Retirement Budget Many people underestimate how much they will need to cover living expenses in retirement. This increase can provide greater financial security during your later years, when healthcare costs might rise.

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WiserAdvisor

MARCH 20, 2025

One of the best ways to stay financially secure in retirement is to create a budget. A well-structured retirement budget helps keep your spending in check and ensures your savings last. A financial advisor can help you understand the importance of budgeting for retirement.

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International College of Financial Planning

MARCH 8, 2023

The Union Budget is one of the year’s most anticipated events for both companies and individuals. The financial budget for this year (2023) is important as it sets the tone for the economy in the following year. Health and Education : The budget has allocated INR 3.06 Infrastructure : The budget has earmarked INR 5.54

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Nationwide Financial

MARCH 13, 2023

As a financial professional, one of the most important things you can do for your clients is to help them manage their debt effectively and work toward building financial security. As a financial advisor, you can help clients develop a realistic budget that considers their income, expenses, and debt repayment obligations.

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WiserAdvisor

APRIL 16, 2025

Financial planning can be cumbersome and take a lot of your time. However, a financial advisor can help you overcome financial challenges and offer professional guidance beyond just picking stocks and bonds. Below are 6 reasons why you may need a financial advisor: 1.

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WiserAdvisor

FEBRUARY 29, 2024

Working with a financial advisor can significantly enhance your chances of retiring with more wealth. According to the National Study of Millionaires, nearly 7 out of 10 millionaires attribute their success, in part, to partnering with an investment professional or financial advisor. However, there is good news.

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Clever Girl Finance

OCTOBER 1, 2022

For example, if you are invested in the stock market, you can spread your investments across multiple sectors such as consumer goods, healthcare, technology, etc. Talk to a financial advisor if you are confused or feeling stuck regarding what to do. Learn how to budget and live within your means. Pay off debt.

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Fortune Financial

JULY 12, 2023

Often this means retirees must make significant compromises in their purchases and budgets, which can lead to undesirable outcomes. Retirees should evaluate their budget, identify areas where they can cut expenses and prioritize healthcare-related costs. A reduced COLA can also indirectly impact retirement savings.

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Fortune Financial

JULY 12, 2023

Often this means retirees must make significant compromises in their purchases and budgets, which can lead to undesirable outcomes. Retirees should evaluate their budget, identify areas where they can cut expenses and prioritize healthcare-related costs. A reduced COLA can also indirectly impact retirement savings.

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Tobias Financial

OCTOBER 16, 2024

In a recent Financial Advisor article, our Senior Wealth Advisor, Matt Saneholtz , CFA, CFP®, EA, was quoted on the implications of the Medicare industry upheaval during the upcoming open enrollment period. We’re here to provide guidance and support tailored to your financial needs and objectives.

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WiserAdvisor

JANUARY 23, 2024

The decision to hire a financial advisor is a prudent move. Seeking professional advice can provide valuable insights and a roadmap to achieve your financial goals with strategic planning. But the world of financial advice is crowded. Moreover, your financial advisor’s way of working might not match your style.

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Sara Grillo

NOVEMBER 13, 2023

These folks are getting older and their healthcare is suddenly far more complex in retirement – just when they’ll be needing it. The impact of their healthcare choices on their financial plan – healthcare is a large line item. I am a CFA® charterholder and financial advisor marketing consultant.

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Good Financial Cents

SEPTEMBER 29, 2022

In this post, I’ll cover everything you need to know about a $55000 annual income, including hourly pay and a sample budget that will help you figure out how to budget your salary. is not a high hourly rate, so you may have to budget carefully to make ends meet. How To Budget $55,000 a Year? Of course, $26.44

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WiserAdvisor

JULY 3, 2023

A financial advisor can help you understand the intricacies of financial planning for physicians. Not creating a comprehensive financial plan Financial planning for physicians and healthcare professionals is essential. Creating a budget can help physicians overcome these issues.

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WiserAdvisor

MARCH 16, 2025

A financial advisor can guide you on how to adopt strategies like budgeting, tracking expenses, automating savings, and prioritizing debt repayment to build financial discipline. In this article, we will talk about the role of financial discipline and how it helps to achieve life goals.

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WiserAdvisor

FEBRUARY 2, 2023

If you need guidance on how to prepare for a recession and secure your finances, consider consulting with a professional financial advisor who can advise you on the same. Here are some things that can help you understand how to protect yourself in a recession with minimal harm to your long-term financial goals.

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Clever Girl Finance

APRIL 24, 2023

Find a budget that works for you To solve financial worries, you need to gain back control of your spending and manage your money well. And to do this, you need to budget. It may help you stay out of debt and save for your future financial goals, which are two of the most common financial worries that people have.

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WiserAdvisor

MARCH 28, 2024

From maximizing savings opportunities to strategic investment decisions, there are several things you can still do to bolster your financial stability as you approach retirement. Seeking guidance from a financial advisor can provide invaluable insights and a tailored approach to building a nest egg efficiently, even in your 50s.

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Ballast Advisors

MAY 8, 2023

They started working with the team of financial advisors at Ballast Advisors over a decade ago. Jean and her husband worked hard to realize their financial goals, being a snowbird in Florida, golfing, traveling, and loving on eight great-grandchildren. She worked for 3M for 38 years, retiring in the healthcare division.

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WiserAdvisor

OCTOBER 31, 2023

Not every financial plan stands the test of time, and multiple options can often lead you astray. You may consult with a financial advisor to understand essential steps in financial planning that can help you create a robust financial plan. Medical costs can quickly pile up, affecting your budget.

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WiserAdvisor

JUNE 13, 2023

Retirement planning focuses on the steps you need to take to achieve your desired retired life, such as saving and investing wisely, creating a budget, and considering your healthcare needs. Overlooking mistakes or bad habits can have a detrimental impact on your financial security and overall retirement experience.

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WiserAdvisor

SEPTEMBER 8, 2023

Hasty decisions made before retirement can lead to unexpected financial troubles and compromises. You may consult with a financial advisor to understand how to prepare for retirement and the importance of adopting a prudent approach to retirement planning. Need a financial advisor?

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WiserAdvisor

MARCH 22, 2024

Consider consulting with a financial advisor who can help guide you and assess whether saving 10 times your annual income is enough to meet your retirement needs. This article delves deeper into the dynamics of financial preparation for retirement. While this guideline offers a clear target, it also sparks curiosity and debate.

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WiserAdvisor

SEPTEMBER 13, 2022

If you need guidance on how to start saving for retirement, which instruments to invest in, how to set up a budget, manage your expenses, and more, consult with a professional financial advisor who can advise you on the same. You would have to cover your child’s basic expenses like clothing, food, education, and healthcare.

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