MainStreet Financial Planning

MAY 4, 2023

Exploring Retirement Housing Decisions Hosted by: Jennifer Bush, CFP® MainStreet Financial Planning As people approach retirement age, one of the most significant decisions they face is where and how they will live during their golden years. Topics Include: What are some considerations when choosing a retirement home?

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Retirement Healthcare Financial Planning CFP 98

James Hendries

SEPTEMBER 25, 2022

Many workers have been dreaming of retirement since they first entered the workforce. However, once this retirement date draws near, the prospect of giving up your primary source of income may be nerve-wracking, even if you’ve diligently saved and planned. Draft a Retirement Budget. Review Your Healthcare Options.

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Retirement Medical Healthcare Budgeting 98

Clever Girl Finance

JANUARY 10, 2025

Your money values influence the decisions you make about budgeting, saving, investing, and even giving. That realization encouraged me to create a fun fund in my budget , so I could treat myself to experiences without guilt. If security is your priority, focus on building an emergency fund or increasing your retirement contributions.

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Ethics Budgeting Retirement Accounting 98

Carson Wealth

OCTOBER 3, 2024

Retirement is an exciting milestone—a time to leave behind the hustle and bustle of work and embrace a new chapter filled with more freedom and opportunities to enjoy life. Planning well in advance ensures that your retirement years will be financially secure, fulfilling, and less stressful than your working years.

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Retirement Healthcare Retirement Planning Taxes 96

Carson Wealth

SEPTEMBER 5, 2024

However, choosing the right Medicare plan is crucial to ensure that you have the coverage you need as you move into retirement. Whether you’re enrolling for the first time or considering a change, these tips will help you choose a plan that fits your healthcare needs and budget.

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Healthcare Medical Planning Retirement 141

Integrity Financial Planning

JUNE 27, 2023

However, it is a common goal for retirees to create and maintain generational wealth in retirement. This process should include setting realistic and achievable objectives, creating a budget, and establishing an emergency fund. [2] In today’s fast-paced world, ensuring financial stability for future generations can be a daunting task.

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Retirement Healthcare Financial Planning Estate Planning 98

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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Clever Girl Finance

SEPTEMBER 7, 2023

In personal finance, where income, expenses, dreams, and aspirations converge, the budget emerges as a crucial tool. And when you have a family, creating a family budget becomes even more important. Table of contents What is a family budget? How does a typical family budget look? What is the average family monthly budget?

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Budgeting Transportation Medical Insurance 98

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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Healthcare Retirement Medical Insurance 52

Carson Wealth

APRIL 19, 2024

Begin with a Budget As you enter the workforce, you’ll probably start making a lot more money than you ever have before. Having a budget will help you stay within your means. One helpful framework to consider is the 50/20/30 budget rule – a simple, yet powerful guideline for allocating your income.

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Budgeting Retirement Accounting Strategic Planning 143

WiserAdvisor

AUGUST 31, 2023

Financial advisors play a crucial role in assisting you before your retire. They can provide ongoing support so you can continue investing after retirement, monitor market fluctuations, and make necessary adjustments to your retirement portfolio. Here are 5 benefits of hiring a financial advisor after you retire: 1.

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Financial Advisor Retirement Risk Tolerance Estate Planning 90

Good Financial Cents

JANUARY 26, 2023

Early retirement has become a popular financial goal. Even if you never retire early, just knowing that you can is liberating! Can You Really Retire at 50? Can You Really Retire at 50? Table of Contents Can You Really Retire at 50? FAQs on Retiring Early at 50 It’s a big bold claim – retire at 50?

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WiserAdvisor

MARCH 20, 2025

A recent survey found that 45% of individuals around the age of retirement worry about outliving their savings. More than one in three (39%) have seen their standard of living decline post-retirement, and about 30% admit they have already spent more than they should in retirement.

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Clever Girl Finance

APRIL 22, 2025

These are businesses that meet everyday needs, provide essential services, or deliver comfort and value when people are tightening their budgets. These include sectors like healthcare, food, repair services, and childcare. These businesses typically operate in industries like healthcare, food, repair services, and personal care.

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Economy Food Healthcare Economics 69

Clever Girl Finance

SEPTEMBER 28, 2022

There are many different ways to come up with your perfect budgeting strategy. Alongside your monthly budget, you should also have a bare bones budget waiting in the wings. What is a bare bones budget? It's a budget that only covers the necessities. That's why this is not a sustainable long-term budget.

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Your Richest Life

JUNE 3, 2024

One of the simplest ways to cut down on your tax liability is to save for retirement. And you work that into your budget to make sure you’re allocating more funds to those accounts for the rest of the year. Note: You can enroll or change what you’re contributing to your retirement accounts throughout the year.

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Budgeting Taxes CFP Retirement 97

Your Richest Life

MAY 31, 2023

You can also set a budget each week or month for fun extras, like ice cream outings or passes to the local waterpark. While you’re preparing a budget for all those extra warm-weather activities, practice tracking everything you spend along the way. Plan ahead for your summer activities.

Budgeting 105

Budgeting Retirement Financial Planner Insurance 105

MainStreet Financial Planning

JUNE 13, 2023

Once your new dependent arrives your monthly premiums for healthcare will increase. Make a new baby budget. Stay on track with this New Baby Budget Guide. Saving for college is like saving for retirement, the earlier you get started the easier it is to save the money you will need to meet your goal. Arrange for childcare.

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Insurance Coverage Budgeting Healthcare Estate Planning 98

Carson Wealth

APRIL 4, 2024

Information you’ll want to document includes: Bank accounts Investments Retirement accounts Estate planning documents (wills, trusts, etc.) Go over their monthly budget and find out if there are any areas they might need to cut back on.

Management 137

Management Healthcare Medical Estate Planning 137

WiserAdvisor

JUNE 4, 2025

At any given moment, people are working towards multiple goals like saving for retirement, managing taxes, buying a home, protecting their family through insurance, or planning for healthcare needs. People want all these goals to work together. What they now want is guidance that is specific to their life, not generic advice.

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Financial Planning Planning Financial Advisor Ethics 59

Clever Girl Finance

AUGUST 8, 2022

According to the data from the US Census Bureau , 50% of women aged 55-66 have no personal retirement savings. So, how much should you save before you retire? Can you retire with 500k, or do you need more? Keep reading to find out if it’s possible to retire with 500k — and how to do it. The good news? Cost of living.

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Food Retirement Retirement Planning Budgeting 59

Clever Girl Finance

OCTOBER 14, 2022

So you need to be brutally honest with yourself about any outstanding debt , student loans, or high expenses that are hurting your budget. In order to combat this, take some time to make a budget. You also want to find a budgeting method that works for you because it will help you manage your money better. Are you overspending?

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Management Budgeting Insurance Accounting 111

Nationwide Financial

AUGUST 24, 2022

Related to cost , and of equal importance, is the fact that some healthcare services are not covered by Medicare. Understanding what Medicare does and does not cover allows beneficiaries to plan for healthcare costs, as well as determine how to pay for certain healthcare services that they may want or need in the future.

Healthcare 52

Healthcare Medical Insurance Planning 52

James Hendries

OCTOBER 5, 2022

Your retirement is the reward after years of hard work and saving. For an enjoyable retirement, saving is critical. Take charge of your retirement and work toward your goals with the help of these few tips and tricks. No matter your age, you may save for retirement. Find the Perfect Place to Retire. Start Early.

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Retirement Taxes Retirement Planning Accounting 52

WiserAdvisor

SEPTEMBER 13, 2022

The average retirement age in America is 63. However, it may still be advised to start planning your retirement as soon as you can. Retirement planning is a long process. It can take several years to understand your future needs and accumulate enough savings to prepare for a financially secure retirement.

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Retirement Planning Retirement Planning Budgeting 52

WiserAdvisor

MARCH 22, 2024

Embarking on the journey toward retirement often begins with the echoing question: How much money is enough to retire comfortably? The essence of retirement planning transcends mere savings; it’s about crafting a future that mirrors one’s long-held dreams, providing a sense of security and freedom in the golden years.

Retirement 52

Retirement Retirement Planning Financial Advisor Planning 52

WiserAdvisor

SEPTEMBER 14, 2022

The average retirement age in America is 63. However, it may still be advised to start planning your retirement as soon as you can. Retirement planning is a long process. It can take several years to understand your future needs and accumulate enough savings to prepare for a financially secure retirement.

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Retirement Planning Retirement Planning Budgeting 52

Random Roger's Retirement Planning

OCTOBER 30, 2022

Healthcare was a mess and then the Affordable Care Act broke it to the point that it appears no one knows how to fix it. We might spend $100/mo on supplements but that is in our grocery budget. How much are you likely to need to spend per month for everything when you're retired?

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Assets Healthcare Insurance Medicine 75

Fortune Financial

JULY 12, 2023

While retirement should ideally be a time of relaxation and enjoyment, the financial implications of increasing expenses pose significant challenges for those in their golden years. Often this means retirees must make significant compromises in their purchases and budgets, which can lead to undesirable outcomes.

Healthcare 52

Healthcare Retirement Budgeting Financial Advisor 52

Fortune Financial

JULY 12, 2023

While retirement should ideally be a time of relaxation and enjoyment, the financial implications of increasing expenses pose significant challenges for those in their golden years. Often this means retirees must make significant compromises in their purchases and budgets, which can lead to undesirable outcomes.

Healthcare 52

Healthcare Retirement Budgeting Financial Advisor 52

eMoney Advisor

FEBRUARY 9, 2023

Their key financial challenges include paying off student loans, creating a budget, developing healthy spending habits, and saving for future goals like buying a home. From education and family planning to retirement planning to insurance coverage, they have more goals in play than they did during the previous stage.

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Financial Planning Clients Planning Education 95

Integrity Financial Planning

OCTOBER 19, 2023

Keeping up with Medicare changes and making sure that you are prepared for medical expenses is a key part of retirement planning. So, it’s important to keep that in mind as you set up your retirement budget and plan. Just like every person, everyone’s ideal retirement plan is different.

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Medical Retirement Planning Retirement Planning 96

Park Place Financial

NOVEMBER 29, 2022

Retirement Planning 5 Ways to Catch Up on Retirement Planning Later in Life Schedule a Complimentary Financial Review CLICK HERE TO SCHEDULE. Retirement is a significant investment, which is why so many financial experts recommend establishing goals and starting when still a younger adult. 1) Establish Your Retirement Needs .

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Retirement Planning Retirement Certified Financial Planner Planning 52

Nationwide Financial

MARCH 13, 2023

Help clients develop a realistic budget Effective debt management requires more than just paying down outstanding balances—it also requires clients to develop healthy financial habits that can help them avoid future debt issues.

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Client Management Clients Management Debt Management 69

WiserAdvisor

SEPTEMBER 8, 2023

Most people feel a sense of anticipation and excitement before retirement. Yet, amidst the joy and delight, it is vital to remember that the journey to retirement is not one to be rushed. Hasty decisions made before retirement can lead to unexpected financial troubles and compromises.

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Retirement Retirement Planning Financial Advisor Budgeting 45

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. However, it is also essential to be aware of the potential pitfalls and things to avoid during the retirement planning process.

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