Nerd's Eye View

MAY 3, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a recent study indicates that nearly a third of advisors in the independent broker-dealer channel have considered transitioning to the RIA channel during the past year as they seek higher payouts and not just "independence" but (..)

Financial Planner

The Chicago Financial Planner

OCTOBER 21, 2021

According to Fidelity an average couple both aged 65 will spend $300,000 on medical costs in retirement. The HSA will be a separate medical savings account into which the employee or private policy holder can contribute money during the year. Qualified medical expenses . Most medical and dental expenses. Vision care.

Retirement Planning

Walkner Condon Financial Advisors

MAY 26, 2023

Affected by Finances Early in Life Growing up, Alicia watched her mom struggle with money and declare bankruptcy due to medical debt. By high school Alicia was financially independent. I thought financial services only entailed selling insurance or investments and I knew that was something that I didn’t want to do,” said Alicia.

Financial Planner

NAIFA Advisor Today

FEBRUARY 22, 2023

Eric Bottolfsen, MBA , is a Vice President at GoldBook Financial and a financial planner with a passion for protecting the medical professionals and small business owners who make up Main Street USA. Getting Started Bottolfsen knew from an early age that he wanted a career in financial services.

Financial Planner

Your Richest Life

MAY 16, 2023

After years of medical school, training and a lower salary, it can be jarring to finally get settled into a position (and a higher income.) But others will turn to a financial planner to help get their finances on track. As a new physician, you’ll have to adjust your mindset and your habits to manage your money effectively.

Financial Planner

MainStreet Financial Planning

MAY 17, 2023

Skilled Nursing: Medical facilities that offer a higher level of care, particularly for individuals with complex health needs, providing specialized medical services and round-the-clock support. It’s Never too Late to Start Planning There is a saying, “If you don’t make a plan, a plan will be made for you”.

Retirement

MainStreet Financial Planning

JUNE 24, 2024

You can still use existing HSA funds for qualified medical expenses, including Medicare premiums (excluding Medigap), deductibles, copayments, and coinsurance. Part B (Medical Insurance) : Part B covers outpatient care, doctor services, preventive services, and some home health care.

Insurance

Ballast Advisors

SEPTEMBER 15, 2023

Medicare helps ensure older individuals can receive essential medical services and treatments. Medicare Part B is the segment of Medicare that covers outpatient medical services, preventive care, doctor’s visits, diagnostic tests, and durable medical equipment for eligible beneficiaries. You have choices.

Healthcare

Yardley Wealth Management

OCTOBER 12, 2022

I would also recommend that Margaret enlist the help of a financial planner, who can help her set a budget and undertake the next step: detection. I don’t mean to sound negative, but it’s important to keep in mind that accidents and medical emergencies can happen to any one of us at any time.

Financial Planner

Park Place Financial

MARCH 10, 2022

Park Place Financial offers customized investment planning services to help each client achieve their financial goals while minimizing risk. Our certified financial planners (CFPs) can analyze your income to determine which investments may generate the most cash flow for the future. Consider your Healthcare Needs.

Portfolio

Your Richest Life

JULY 2, 2024

In 2023, I was also honored to receive D Magazine’s Best Financial Planners in Dallas award for the ninth year in a row. I am so thankful to have been nominated for this award, and to be a part of such a supportive network of DFW financial planners. Publishing more than 220 articles for the Your Richest Life blog.

Financial Planner

Yardley Wealth Management

AUGUST 31, 2022

They have two kids, one of whom had significant medical problems as a young child. The first step for Justin and Cecilia is to—wait for it—sit down with a financial planner. The important thing is to look to the future and never give up ( a nd talk to your financial planner)!

Financial Planner

Your Richest Life

SEPTEMBER 14, 2023

These accounts cover similar medical and care costs, but there are some differences. They also have tax-free earnings and tax-free withdrawals for qualified medical expenses. About Your Richest Life At Your Richest Life, physician-focused financial planner Katie Brewer, CFP®, wants to help you build a successful financial future.

Insurance

Indigo Marketing Agency

JULY 23, 2024

Powerful Mission Statement PFA’s mission statement highlights that they are a team of CERTIFIED FINANCIAL PLANNER professionals, enhancing their credibility and perceived value. Focused Specialty Mint Hill specializes deeply in serving just one target population: professionals in the dental and medical fields.

Financial Advisor

Clever Girl Finance

JANUARY 22, 2024

Consult with professionals for your windfall finance planning During the waiting period, consult with a certified financial planner , a financial advisor, and/or a CPA to determine what to do concerning taxes. Be sure to discuss this with your financial planner or financial advisor for specific guidance.

Management

International College of Financial Planning

JULY 20, 2022

To become a certified financial planner (CFP), you must learn about risk analysis in-depth. Identification of life, medical, householders, auto and other property and liability risk exposures. Medical insurance. Risk analysis is one of the most important topics to understand when pursuing a career in finance.

Risk Analysis

Park Place Financial

JANUARY 9, 2023

What’s more, groceries, medications, and similar necessities don’t incur sales tax, further lowering your cost of living. . A key aspect of retirement planning is healthcare planning — will you have the financial resources to cover medical costs in retirement? Climate and Environment .

Retirement

WiserAdvisor

DECEMBER 1, 2023

It is precisely these challenges that make the role of a financial advisor indispensable for physicians. Financial advisors for medical professionals can offer a tailored approach to managing unique financial landscapes. Reason 2: To eliminate debt Medical education often comes with a substantial financial investment.

Financial Advisor

WiserAdvisor

SEPTEMBER 1, 2022

A well-planned budget will highlight your fixed expenses and will also factor in important expenses like medical bills, rent, etc. You should regularly meet with your financial planner to budget and manage your finances as per your present and future needs. You need to review your financial plan at regular intervals.

Financial Advisor

Park Place Financial

JANUARY 9, 2023

Health Savings Accounts (HSAs) enable people to save pre-tax money to pay for eligible medical costs, helping them reduce their overall healthcare expenses. Our team of certified financial planners works collaboratively to help clients establish objectives and develop personalized financial plans designed to meet short and long-term goals.

Financial Planning

MainStreet Financial Planning

JUNE 2, 2022

Medical Payments. Medical payments coverage makes medical payments to others who are injured in your home or on your property, regardless of who is at fault. Check in what your carrier covers and what a typical rental would cost in your area to see if it’s sufficient.

Insurance Coverage

Integrity Financial Planning

JANUARY 19, 2023

5:59) Get a financial review when moving to a new job. (11:04) 12:32) Saving in an HSA can help with medical expenses now and later. (15:09) 18:19) The post Financial Resolutions for 2023 appeared first on Integrity Financial Planning, Inc. (4:12) Stop giving away retirement money in hidden fees. (5:59)

Medical

Sara Grillo

JULY 8, 2022

Others that require a more detailed response will either get forwarded to a teammate (financial planner or portfolio manager) who can research the answer, or scheduled to my calendar later in the day when I can focus on a response or call the client directly. Most emails only require a quick reply, which I’ll take care of right away.

Financial Advisor

Park Place Financial

MARCH 15, 2022

Given these realities, medical costs are often the biggest concern for retirees during this stage. Even if you do not need assisted living services, you may still need sufficient funds to cover medical bills and prescriptions. What Factors Can Impact Retirement Planning? Long-term healthcare expenses. Longer life expectancies.

Retirement

Park Place Financial

APRIL 26, 2022

Part B: Medical insurance. A qualified financial planner can help you make sound investment decisions that will match your risk tolerance and provide financial security during your retirement years. This is called the initial enrollment period, or IEP. There are four parts to Medicare plans: Part A: Hospital insurance.

Retirement

Workable Wealth

OCTOBER 14, 2020

Your emergency fund protects against unforeseen circumstances like job loss, medical bills, unexpected travel, home malfunctions, and more. During the pandemic, many people drew from their emergency fund to cover an income dip or medical expenses. Inadequate Emergency Fund.

Financial Planning

Inside Information

MARCH 29, 2023

It has passed the bar in California and performed well enough on medical examinations that it would be licensed to practice medicine if it were made of flesh instead of silicon. Surely this was a genuinely terrifying new competitor to financial planners—right?

Financial Planner

Park Place Financial

MARCH 16, 2022

If you retire sooner, you will need separate insurance to cover medical costs. More importantly, Medicare typically only pays for routine care and may not pay for special or long-term medical expenses. . To prepare for retirement, seek assistance from the team of certified financial planners at Park Place Financial. .

Retirement

Bell Investment Advisors

JUNE 16, 2022

Exception: gifts to pay tuition or medical expenses are exempt if paid directly to the institution. So keep it simple, or work with a financial planner to help keep it all straight. Start by getting clear on gift and estate tax laws. Above and beyond the $16,000 annually, each giver may transfer a total of up to $12.06

Taxes

Clever Girl Finance

JULY 16, 2023

Save a million dollars and get a Certified Financial Planner to manage your portfolio? These recurring expenses can be sorted into twelve standard household budgeting categories. Talk about your long-term goals as well Take some time out to talk about your dreams and goals and how you plan to approach them. Want to launch a business?

Budgeting

International College of Financial Planning

JULY 31, 2023

Sudden Outflows/Medical Emergencies: Medical treatments can be expensive and deplete your savings in unforeseen circumstances. Proper planning should account for medical emergencies and unexpected financial needs. Investing in instruments that offer returns higher than the inflation rate is crucial.

Financial Planning

Indigo Marketing Agency

JULY 23, 2024

Powerful Mission Statement PFA’s mission statement highlights that they are a team of CERTIFIED FINANCIAL PLANNER professionals, enhancing their credibility and perceived value. Focused Specialty Mint Hill specializes deeply in serving just one target population: professionals in the dental and medical fields.

Financial Advisor

Nerd's Eye View

AUGUST 23, 2024

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that a new study indicates that while financial advisory firms are largely satisfied with their tech stacks, they take a range of approaches to applying tech: from "innovators" that invest in tech to differentiate themselves from (..)

Financial Planner

Gen Y Planning

MARCH 1, 2022

But there are ways to take advantage of the years where you can itemize, like bunching charitable donations, having higher than typical medical costs, being eligible for home office deductions, and more. So, if your AGI was $100,000, you can deduct any medical expenses over $7,500. Know Which Expenses You Can Actually Deduct.

Taxes

Sara Grillo

APRIL 11, 2022

And that’s why I’m writing this blog; because I feel that financial advice rendered by the hour is a great thing for the American public (for the reasons we’re going to discuss below). But the idea of becoming an hourly financial planner is met with such resistance you would think you told people to saw off their left arm.

Financial Advisor

Good Financial Cents

APRIL 19, 2023

Assess your skills When I started GoodFinancialCents I was a Certified Financial Planner looking to grow my business and answer common client questions. For sleep and other medical and psychological studies, search ClinicalTrials.gov and filter results based on your location, age, and other factors. But the pay is impressive.

Accounting

Nerd's Eye View

MARCH 21, 2023

Welcome back to the 325th episode of the Financial Advisor Success Podcast ! Brenda is a financial planner with Objective Financial Partners, an advice-only advisory firm based in Ontario, Canada, that works with clients on project-based financial plans, and also offers outsourced paraplanning to other Canadian advisory firms.

Financial Advice