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How to Build a Retirement Plan That Covers Your Healthcare Needs

WiserAdvisor

In 2023, healthcare spending in the U.S. With medical inflation outpacing general inflation, ignoring healthcare in your retirement plan is a risk no one can afford. Factoring in retirement healthcare costs is a smart move. Below are 5 things you can do for retirement healthcare financial planning: 1.

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11 Financial Tips for Starting a Family

MainStreet Financial Planning

Review your health coverage. Once your new dependent arrives your monthly premiums for healthcare will increase. Update your life and disability insurance. Now more than ever you want to have appropriate life and disability insurance coverage, so if something unexpected happens your family will be OK.

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Top Insights Driving Financial Planning Strategies in 2025

WiserAdvisor

Apart from new laws and changes in regulations, it is also important to pay attention to emerging investment trendsevery year. They want a financial strategy that takes every aspect of their life into account, such as their income situation, investment goals, debt, risk appetite, and more. People want all these goals to work together.

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Serving Clients at All Stages of the Financial Planning Lifecycle Effectively and Efficiently

eMoney Advisor

Financial Planning Needs: Retirement planning Education and family planning Obtaining appropriate insurance coverage Business and tax planning Significant asset purchases Strategies for Serving Clients in This Stage: Clients at this stage are experiencing life events — both large and small — that will impact their financial planning needs.

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How Will the Cost of Living Impact Retirees in 2024?

Fortune Financial

Watch to Learn More About Calculating Annual Social Security COLA How COLA Affects Cash Flows for Retirees Rising Healthcare Costs The steep reduction in the cost of living adjustment for 2024 can have an indirect impact on healthcare costs for retirees.

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How Will the Cost of Living Impact Retirees in 2024?

Fortune Financial

Watch to Learn More About Calculating Annual Social Security COLA How COLA Affects Cash Flows for Retirees Rising Healthcare Costs The steep reduction in the cost of living adjustment for 2024 can have an indirect impact on healthcare costs for retirees.

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The Battle of Advice: ChatGPT vs. a Financial Advisor on Retirement Planning

WiserAdvisor

Consider factors such as healthcare expenses, inflation, and potential changes in lifestyle. Calculate potential income from investments, such as retirement accounts (401(k), IRA), and other assets. Manage Investment Risk: Reevaluate your investment portfolio to align with your retirement timeline and risk tolerance.