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The 5 Pillars of Retirement Planning You Should Be Aware of

WiserAdvisor

Pillar 2: Healthcare planning Healthcare considerations are one of the most significant financial burdens you will likely face during your golden years. As the cost of medical care continues to rise, prioritizing healthcare planning becomes imperative to safeguarding your financial well-being in retirement.

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Taking Control of Your Finances: Why Financial Planning Matters

International College of Financial Planning

Financial planning helps you prepare for unexpected events like job loss, illness, or emergencies. It ensures you have enough savings and insurance coverage to protect your assets and financial stability, providing financial security.

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Why do Physicians Need Financial Advisors and How to Find Them

WiserAdvisor

Financial advisors for medical professionals can offer a tailored approach to managing unique financial landscapes. However, physicians are often consumed by the demands of a rigorous medical career, and as a result, they can easily overlook this essential step. Most physicians carry debt in the form of student loans.

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Sound Strategies for Crafting Your Retirement Investment Portfolio

Fortune Financial

However, this thought can be unrealistic if you are still paying on a mortgage, or if any unexpected medical expenses arise. One major financial factor to consider is that longer lifespans tend to increase medical-related expenses during retirement years. Stay on Top of Estate Planning.

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How Your Health Should Factor Into Your Financial Planning

WiserAdvisor

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?

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The Money Tasks You’re Avoiding And How To Make Progress (Part 1)

Workable Wealth

One of the most common questions about life insurance is how much coverage you’ll need. Your coverage level is unique to you and your situation. Existing insurance coverage. All of these should spark review to potentially increase coverage that meets your changing needs. Medical Directive.

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6 Financial New Year’s Resolutions for 2023

WiserAdvisor

New Year’s financial resolutions vary based on one’s financial situation and future goals, and can be anything from getting your finances in order, saving more for retirement, improving your credit score, to building an emergency fund, paying off your debts, creating an estate plan, and more. Draft a foolproof estate plan.