Integrity Financial Planning

JUNE 27, 2023

The Foundations of Financial Planning Proper financial planning is widely considered the first step to building generational wealth. [1] 1] Retirees should work to evaluate their current financial situation and develop a comprehensive plan in order to achieve their wealth-building goals.

Retirement 98

Retirement Healthcare Financial Planning Estate Planning 98

Pacifica Wealth

FEBRUARY 17, 2022

The decisions you choose to make and those you ignore or overlook for your estate plan will have long-lasting and permanent ramifications. Don’t let the significance of estate planning prevent you from getting started. When it comes to your estate plan, just jump in and get started. Of course not!

Estate Planning 52

Estate Planning Planning Insurance Advertising 52

WiserAdvisor

MAY 3, 2023

Health and financial planning must go hand in hand to ensure you always have enough savings to tackle the unexpected. From medical expenses to the impact of illness or disability on your ability to earn a living, your health can have a significant effect on your financial well-being. What is health or medical financial planning?

Financial Planning 52

Financial Planning Planning Healthcare Medical 52

Harness Wealth

JUNE 9, 2023

Recognizing the need for a financial plan is a significant first step toward the goal of achieving personal financial security. Table of Contents What is a Financial Plan? Table of Contents What is a Financial Plan? Why is Financial Planning so Important?

Financial Planning 52

Financial Planning Planning Financial Planner Wealth Management 52

WiserAdvisor

MARCH 13, 2024

You can effectively fund your healthcare expenses, support dependents and family members, or pursue leisure activities like traveling with a well-structured investment portfolio. A sound investment plan provides the necessary framework to sustain your desired lifestyle and achieve your retirement aspirations.

Retirement Planning 105

Retirement Planning Retirement Planning Estate Planning 105

Carson Wealth

APRIL 4, 2024

Information you’ll want to document includes: Bank accounts Investments Retirement accounts Estate planning documents (wills, trusts, etc.) Financial advisors work with families in these situations all the time and can provide much-needed advice based on your unique situation.

Management 137

Management Healthcare Medical Estate Planning 137

MainStreet Financial Planning

MAY 10, 2024

Do you have a summary of your financial situation that you could pass on to someone if you need assistance? Do you have a financial power of attorney in place? Legal Concerns and Estate Plans – Do you have a current Estate Plan? Are your Advance Care Plans in place and written down and current?

Planning 52

Planning Estate Planning Healthcare Medical 52

WiserAdvisor

JULY 3, 2023

A financial advisor can help you understand the intricacies of financial planning for physicians. Below are 6 common financial planning mistakes physicians make: Even though financially well-off, physicians tend to make several financial mistakes. Need a financial advisor?

Financial Planning 52

Financial Planning Planning Financial Advisor Medical 52

WiserAdvisor

AUGUST 31, 2023

A financial advisor familiar with tax laws in your state can develop strategies to lower state tax liabilities and potentially enhance your retirement income. A financial advisor can help you with estate planning and preparing for your legacy goals Life is ever-changing, and estate planning becomes even more crucial during retirement.

Financial Advisor 90

Financial Advisor Retirement Risk Tolerance Estate Planning 90

MainStreet Financial Planning

JUNE 13, 2023

Plan for out-of-pocket costs for fertility treatments and costs to deliver your baby. Once your new dependent arrives your monthly premiums for healthcare will increase. Plan for family leave from work. Get your estate plan in order. Review your health coverage. Arrange for childcare.

Insurance Coverage 97

Insurance Coverage Healthcare Budgeting Estate Planning 97

MainStreet Financial Planning

OCTOBER 3, 2023

What kind of estate planning should single mothers do? Every parent should have a current estate plan which includes: A Will – This describes who is the beneficiary of their assets, an executor who would wrap up their affairs, and most importantly, a guardian who would care for their child if they weren’t around.

Estate Planning 95

Estate Planning Financial Planner Insurance Retirement 95

Darrow Wealth Management

APRIL 25, 2023

Unfortunately, during the grieving process surviving spouses also need to navigate the complex financial issues that arise after the death of their partner. Here’s a financial planning checklist for surviving spouses. Kristin McKenna, CFP® first published an abbreviated version of this article on Forbes.

Estate Planning 73

Estate Planning Taxes Accounting Retirement 73

WiserAdvisor

NOVEMBER 14, 2023

This approach may include a mix of equities, bonds, mutual funds, and real estate, tailored to provide long-term returns that outpace inflation and contribute to a stable financial foundation in retirement. Moreover, strategic retirement planning includes aspects of estate planning, which can have complex tax implications.

Retirement Planning 52

Retirement Planning Retirement Planning Healthcare 52

MainStreet Financial Planning

MAY 17, 2023

Where You Live Matters My Life Site Senior Living.org Community for Positive Aging The post Exploring Retirement Housing Options appeared first on MainStreet Financial Planning. Check out these websites for resources when starting your own research on your retirement housing options.

Retirement 98

Retirement Medical Financial Planner Planning 98

MainStreet Financial Planning

SEPTEMBER 29, 2022

Recently, I’ve been helping two relatives since I’m the family member closest to them with both financial skills and healthcare experience (retired hospital administrator married to a retired nurse). So now I must brush up on my communication skills in addition to my background and experience in helping others in financial planning.

Communication 52

Communication Financial Planning Retirement Healthcare 52

Harness Wealth

DECEMBER 8, 2022

If you’ve already maxed out a 401(k) and IRA, you may also wish to explore investing in a health savings account (HSA) provided you have a qualifying high-deductible health plan. A financial advisor can help you identify and set that up. Estate planning. Related article: Tax Benefits of a Donor-Advised Fund.

Tax Planning 52

Tax Planning Taxes Planning Estate Planning 52

Darrow Wealth Management

MARCH 31, 2023

There are many financial planning considerations before, during, and after a divorce. A key part of the process from a financial standpoint is dividing the assets. Once the divorce is finalized, a crucial (but often overlooked) part of the process is updating estate documents and beneficiary designations.

Financial Planning 83

Financial Planning Planning Estate Planning Taxes 83

WiserAdvisor

OCTOBER 4, 2022

Retirement planning can be a bit complex. There are multiple factors to weigh in, right from healthcare and inflation to estate planning, business succession planning, tax planning, and more. However, the main drawback to this can be the lack of foresight regarding what and how to plan.

Budgeting 102

Budgeting Retirement Healthcare Food 102

Ballast Advisors

MAY 8, 2023

Financial planning is a vital aspect of life. Often, the financial lessons and advice passed down from generation to generation shape an individual’s approach to finances. In this blog, we’ll dive deep into some lessons they’ve learned and the role that financial planning plays in supporting their goals.

Financial Planning 98

Financial Planning Planning Financial Planner Retirement 98

Yardley Wealth Management

FEBRUARY 15, 2022

Part 2: Tax-Wise Investment Techniques In our last piece, we introduced some of the tools of the tax-planning trade. These include tax-sheltered accounts for saving toward retirement, healthcare, and education, as well as tax-efficient tools for charitable giving, emergency spending, and estate planning. It’s one thing to have the tools.

Taxes 52

Taxes Investing Investments Tax Planning 52

Yardley Wealth Management

FEBRUARY 15, 2022

In our last piece, we introduced some of the tools of the tax-planning trade. These include tax-sheltered accounts for saving toward retirement, healthcare, and education, as well as tax-efficient tools for charitable giving, emergency spending, and estate planning. . Next Up: Tax-Wise Financial Planning.

Taxes 52

Taxes Investing Investments Tax Planning 52

WiserAdvisor

JULY 27, 2023

Consider factors such as healthcare expenses, inflation, and potential changes in lifestyle. Educate Your Children on Financial Responsibility: Encourage your children to be financially independent and responsible to reduce potential financial burdens on your retirement.

Retirement Planning 52

Retirement Planning Financial Advisor Retirement Planning 52

Carson Wealth

JUNE 29, 2022

There were hard feelings — a lot of wondering why her parents had skipped her in their estate planning. . Not talking to your family about your estate plan has the potential to create chaos and make your family feel unprepared. . Your Estate Plan and Picking Powers of Attorney. At the minimum, share: .

Estate Planning 52

Estate Planning Planning Communication Healthcare 52

Clever Girl Finance

SEPTEMBER 7, 2023

List your essential needs—housing, groceries, utilities, and healthcare. So be proactive by including these special occasions in your financial plan. ” Allocate a specific amount of money each month to this fund so that you’re prepared financially when these events come knocking. Then, consider your wants.

Budgeting 77

Budgeting Transportation Medical Insurance 77

WiserAdvisor

APRIL 12, 2024

The role of a financial advisor is indispensable in today’s world. These professionals serve as trusted guides, helping individuals understand the intricacies of investment, wealth management, and financial planning to achieve their long-term goals. Firstly, a client’s financial situation can evolve over time.

Financial Advisor 52

Financial Advisor Clients Numbers Management 52

Pacifica Wealth

FEBRUARY 9, 2022

4) Healthcare POA. The Healthcare POA is different from the other POAs in that the other POAs tend to focus on the management of property and the Healthcare POA grants the attorney-in-fact the ability to make health care decisions on behalf of the principal if he is legally incompetent. How much should it cost?

Estate Planning 52

Estate Planning Planning Healthcare Medical 52

Yardley Wealth Management

MARCH 1, 2022

The post Part 3: Tax-Wise Financial Planning appeared first on Yardley Wealth Management, LLC. Part 3: Tax-Wise Financial Planning In our last two pieces, we covered some tools of the tax-planning trade, as well as how to deploy them for tax-efficient investing. But tax planning isn’t just for your investments.

Financial Planning 52

Financial Planning Taxes Planning Tax Planning 52

Yardley Wealth Management

MARCH 1, 2022

The post Part 3: Tax-Wise Financial Planning appeared first on Yardley Wealth Management, LLC. Part 3: Tax-Wise Financial Planning. In our last two pieces, we covered some tools of the tax-planning trade, as well as how to deploy them for tax-efficient investing. . But tax planning isn’t just for your investments.

Financial Planning 52

Financial Planning Taxes Planning Tax Planning 52

WiserAdvisor

FEBRUARY 19, 2024

According to the Fidelity Retiree Health Care Cost Estimate, the financial burden of healthcare in retirement is substantial. As a couple aged 65 in 2023, you may need approximately $315,000 saved (after tax) to cover your healthcare expenses. The absence of a dedicated healthcare fund can lead to unexpected financial hardships.

Retirement 66

Retirement Retirement Planning Healthcare Estate Planning 66

MainStreet Financial Planning

MARCH 27, 2024

Research the organization, management and quality of healthcare provided. The financial stability of the community as well as the continuity of management are very important. Do Your Research As you explore CCRCs, you will want to explore your lifestyle preferences and compare available services & amenities.

Retirement 92

Retirement Transportation Healthcare Planning 92

Gen Y Planning

DECEMBER 5, 2022

Check-In On Your Estate Plan. It’s really easy to put off estate planning. With so many other responsibilities and commitments, your estate plan may not even be on your mind. But proper planning for your children, dependents and loved ones is an important task. Set New Goals (Personal and Financial).

Taxes 59

Taxes Estate Planning Planning Budgeting 59

Clever Girl Finance

OCTOBER 13, 2022

In addition to savings accounts, most people can save for medical expenses using one of two healthcare savings accounts : Flexible Spending Account (FSA). Make an estate plan. An estate plan is a roadmap used by your loved ones to manage your assets after your death. Medical expense savings.

Medical 73

Medical Insurance Estate Planning Accounting 73

Gen Y Planning

NOVEMBER 5, 2021

Check-In On Your Estate Plan. It’s really easy to put off estate planning. With so many other responsibilities and commitments, your estate plan may not even be on your mind. But proper planning for your children, dependents and loved ones is an important task. Set New Goals (Personal and Financial).

Taxes 75

Taxes Estate Planning Planning Budgeting 75

The Big Picture

OCTOBER 19, 2022

So there’s the, “Hey, I’ll work with you and we’ll develop goals and a plan how to get there.” They’ll do tax planning, right? We’ll do estate planning and other complex financial planning. Let’s talk a little bit about portfolio analytics, financial planning tools.

Financial Advisor 274

Financial Advisor Clients Taxes Investing 274

Sara Grillo

APRIL 11, 2022

An hourly financial advisor is someone who provides financial advisor for a set hourly rate. These services often include recommendations on investments, financial planning, retirement, Social Security, Medicare, tax planning, and other wealth-related topics. Hourly financial advisors are not common.

Financial Advisor 52

Financial Advisor Portfolio Clients Management 52