WiserAdvisor

JULY 1, 2025

Step 5: Designate a power of attorney and healthcare directives Apart from outlining what happens after you die, estate planning also helps you prepare for the unexpected that you may encounter while you are still alive. There are two key components here: Power of Attorney (POA) and healthcare directives.

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Nerd's Eye View

JANUARY 8, 2024

For instance, the financial advice industry has seen many changes to regulations (for both advisors and their clients), advisor business models, and the advisor technology landscape. In the context of the financial planning industry, whereas Financial Advice 1.0 Specifically, Financial Advice 3.0

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eMoney Advisor

FEBRUARY 9, 2023

Of an estimated 104 million households seeking some level of financial advice, 88 million of those households want that advice from a financial professional. In this overview, we will explore the demographics of each stage, the financial planning needs of people in each stage, and strategies for serving them.

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Financial Planning Clients Planning Education 95

WiserAdvisor

OCTOBER 11, 2022

Most people start financial planning with the goal of growing their finances through savings and investments. But financial planning is not limited to increasing your wealth alone. Tax planning is essential. Tax is charged on every penny you earn. What impact do taxes have on your financial planning?

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Financial Planning Accounting Taxes Planning 80

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. Life happens.

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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. . Life happens.

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Integrity Financial Planning

NOVEMBER 1, 2022

It doesn’t factor in your healthcare coverage situation, it isn’t designed to avoid the 3 strikes of tax planning , and it doesn’t account for the location and liquidity of your wealth and savings. However, the 4% Rule may be used as a conversation starter with your financial advisor on how to turn your savings into income.

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Retirement Planning Retirement Financial Planning Tax Planning 95

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?

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Financial Planning Planning Financial Planner Wealth Management 52

WiserAdvisor

AUGUST 31, 2023

A financial advisor can help you estimate your life expectancy and use this information to design a portfolio that provides sufficient income for your lifetime. A financial advisor can craft tax-efficient withdrawal strategies to minimize the tax burden on your retirement income.

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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?

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Park Place Financial

MARCH 10, 2022

FINANCIAL PLANNING 4 Financial Strategies to Leverage if your Portfolio is Worth Millions Schedule a Complimentary Financial Review CLICK HERE TO SCHEDULE. Financial planning investment strategies can be found at every corner of the Internet, but not all advice applies to every person.

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Portfolio Certified Financial Planner Financial Planner Healthcare 52

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.

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Budgeting Retirement Healthcare Food 102

Yardley Wealth Management

FEBRUARY 15, 2022

The post Part 2: Tax-Wise Investment Techniques appeared first on Yardley Wealth Management, LLC. Part 2: Tax-Wise Investment Techniques In our last piece, we introduced some of the tools of the tax-planning trade. In other words, your tax-planning techniques matter at least as much as the tools.

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Taxes Investments Investing Tax Planning 52

Yardley Wealth Management

FEBRUARY 15, 2022

The post Part 2: Tax-Wise Investment Techniques appeared first on Yardley Wealth Management, LLC. Part 2: Tax-Wise Investment Techniques. In our last piece, we introduced some of the tools of the tax-planning trade. In other words, your tax-planning techniques matter at least as much as the tools.

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Taxes Investments Investing 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. It is easy to focus on accumulating a nest egg for a comfortable future.

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Retirement Retirement Planning Healthcare Estate Planning 66

WiserAdvisor

APRIL 16, 2025

Financial planning and advice from a professional go hand in hand. If you have ever felt stuck while trying to make sound financial decisions, hiring an advisor can be helpful. Financial planning can be cumbersome and take a lot of your time. For many investors, fear can drive their choices.

Financial Advisor 40

Financial Advisor Asset Allocation Financial Planning Retirement Planning 40

WiserAdvisor

FEBRUARY 29, 2024

A financial advisor can continuously monitor and adjust your asset allocation strategy as your circumstances evolve or market conditions change to ensure that your investment portfolio remains suited to your needs and risk appetite. Financial advisors can also help you plan for long-term care needs which are not covered by Medicare.

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Financial Advisor Retirement Asset Allocation Risk Tolerance 45

WiserAdvisor

DECEMBER 15, 2023

By helping you lower your tax The impact of proper tax planning on your eventual retirement balance cannot be overstated. Engaging with a skilled financial advisor can empower you to manage your taxes proactively. All withdrawals from HSAs can be used for qualified health expenses entirely tax-free.

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Financial Advisor Retirement Risk Tolerance Retirement Planning 59

Gen Y Planning

DECEMBER 5, 2022

What about a financial power of attorney? This person will make financial decisions on your behalf. Have you named a healthcare directive who will make medical decisions if you’re unable? Your goals set the tone for your financial plan—it’s what gives your plan heart, life, and meaning.

Taxes 59

Taxes Estate Planning Planning Budgeting 59

WiserAdvisor

DECEMBER 29, 2022

The wealthier you are, the more successful you are considered and the more financially secure you can be. For instance, the level of education you get, the quality of healthcare you can afford, and the lifestyle you can adopt all depend on your wealth. Make a financial plan. can help you with tax planning.

Financial Advisor 40

Financial Advisor Taxes Financial Planning Education 40

WiserAdvisor

APRIL 24, 2025

At that point, you likely have a clearer understanding of what it takes to maintain your current standard of living, and that can be the starting point for your retirement planning. Although retirement may come with a lot of changes that include downsizing, travel, additional healthcare needs, etc.,

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Retirement Retirement Planning Financial Advisor Healthcare 40

WiserAdvisor

JANUARY 23, 2024

If your financial advisor is not keeping a close eye on your taxes, they might be missing out on various opportunities that could impact your financial well-being. An effective financial advisor should be proactive in reviewing your tax plan before the year-end.

Financial Advisor 40

Financial Advisor Risk Tolerance Communication Taxes 40

Cordant Wealth Partners

AUGUST 16, 2024

So, if you separate from the company near the end of the year, earning a full year of salary plus severance payouts, you could be pushed into a higher tax bracket. Tax planning for a transition out of Intel is critical. 18 months of coverage is being offered for COBRA plus a $20k Healthcare bonus.

Planning 52

Planning Retirement Taxes Accounting 52

WiserAdvisor

JULY 27, 2023

Human financial advisors possess the expertise to consider individual circumstances, emotions, and unique financial situations, thus offering tailored recommendations. Furthermore, ChatGPT may have limitations in reflecting recent policy changes or potential mathematical fallacies that can impact retirement and tax planning strategies.

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Retirement Planning Financial Advisor Retirement Planning 40

WiserAdvisor

SEPTEMBER 8, 2023

It is also essential to consider factors like climate, proximity to family, friends, and healthcare facilities. You may find yourself paying a considerably higher percentage of your income in state taxes than you would in your current state. Engaging in careful tax planning is essential to navigate this potential tax challenge.

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Retirement Retirement Planning Budgeting Financial Advisor 45

Carson Wealth

APRIL 25, 2024

There are some things in life you just can’t plan for: an unexpected illness, job loss, death of spouse, disability. And while experiencing one of these major events can drastically impact your life, having an effective financial plan can help ensure that it doesn’t ruin your financial well-being. Outliving their money.

Financial Planning 97

Financial Planning Planning Retirement Insurance Coverage 97

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

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.

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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.

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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. at the federal level. Get started here.

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Tax Planning Taxes Planning Estate Planning 52

Harness Wealth

JUNE 23, 2023

Estate planning is a critical component of a comprehensive financial plan. Furthermore, estate planning includes aspects such as tax minimization strategies, asset protection, and charitable giving. They can help you make informed decisions and assist in formulating strategies to minimize tax liabilities.

Estate Planning 52

Estate Planning Financial Planning Planning Financial Planner 52

Harness Wealth

MARCH 25, 2025

The demanding work environment of modern healthcare professionals can leave little time to manage the often complex tax arenas that accompany it. Within this, you should pay particular attention to “ permanent establishment ” rules when working abroad, as this can trigger foreign tax liabilities.

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Medical Taxes Tax Planning Education 52