Accounting, Debt Management and Risk Tolerance

4 Pitfalls of Not Having a Financial Plan

Carson Wealth

APRIL 25, 2024

Debt management: Develop a strategy to pay off existing debts efficiently, minimizing interest costs. Investment strategy: Determine asset allocation and investment vehicles aligned with risk tolerance and financial goals. Emergency fund: Establish and maintain an emergency fund to cover unexpected expenses.

Financial Planning

Financial Planning Planning Retirement Insurance Coverage

How to Choose the Right Wealth Management Firm in Kansas City

Fortune Financial

SEPTEMBER 25, 2023

Let’s look at key factors to consider when selecting the ideal wealth management firm in the Kansas City metro area. Define Your Goals Defining your financial goals is the foundational step in choosing the right wealth management firm. Risk Tolerance Identify and consider your risk tolerance when setting your financial goals.

Wealth Management

Wealth Management Management Risk Tolerance Retirement Planning

How to Choose the Right Wealth Management Firm in Kansas City

Fortune Financial

SEPTEMBER 25, 2023

Let’s look at key factors to consider when selecting the ideal wealth management firm in the Kansas City metro area. Define Your Goals Defining your financial goals is the foundational step in choosing the right wealth management firm. Risk Tolerance Identify and consider your risk tolerance when setting your financial goals.

Wealth Management

Wealth Management Management Risk Tolerance Retirement Planning

Webinars

Back to Basics with Reconciliations

Less Stress, More Success: Accounting Best Practices & Processes for 2025

Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

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How Much To Save For Retirement By Age

WiserAdvisor

DECEMBER 18, 2023

Consider maximizing your contributions to employer-sponsored plans, opening an Individual Retirement Account (IRA), or exploring other investment avenues to help you achieve this target. Tailor your investment strategy Your investment choices should align with your risk tolerance and the time frame you have until retirement.

Retirement

Retirement Retirement Planning Risk Tolerance Healthcare

Ten Steps To Creating A Solid Financial Plan For Yourself

Clever Girl Finance

DECEMBER 1, 2022

A debt pay-off and spending plan (using your budget). A fully-funded emergency account. Should you have joint accounts or separate accounts? Having joint accounts is great, but I also believe in having your own personal savings accounts. But don’t feel like you need to keep your personal accounts secret.

Financial Planning

Financial Planning Planning Budgeting Insurance

Is Wealth Management Worth It? The ROI of Working With a Financial Advisor

Harness Wealth

JUNE 1, 2023

Wealth managers and financial advisors offer a wide range of wealth management services designed to help clients achieve their financial goals. These services typically include: Wealth Management: Advisors can offer customized investment portfolios aligned with your risk tolerance, time horizon, and financial objectives.

Wealth Management

Wealth Management Financial Advisor Management Risk Tolerance

How much do I need to retire? Planning for Your Unique Retirement Needs

Carson Wealth

AUGUST 25, 2022

Your financial advisor can help you plan for challenges you may face in retirement, such as spending, efficient savings, taxes, inflation, debt management, Social Security and Medicare. They can help you determine your risk tolerance and build an investment portfolio you will be more likely to tick with when times get tough.

Retirement Planning

Retirement Planning Retirement Planning Certified Financial Planner

Retirement Planning Tips: How Much an Average Person 65 and Older Spends Every Month

WiserAdvisor

JANUARY 16, 2024

This data can serve as a baseline for tailoring your retirement plan, taking into account factors such as inflation, your current age, and your desired retirement age. The BLS data also revealed that transportation is the second-largest retirement expense, accounting for $7,160 annually or 13.7% of overall expenses.

Retirement Planning

Retirement Planning Retirement Planning Financial Advisor

How to Determine If Your Financial Advisor Is Doing a Good Job Each Year

WiserAdvisor

JANUARY 23, 2024

This is particularly important if you expect additional income in retirement beyond Social Security benefits, such as pensions and Required Minimum Distributions (RMDs) from your Individual Retirement Account (IRA) or 401(k) plan. Such a portfolio is typically recommended for very young and extremely risk-tolerant individuals.

Financial Advisor

Financial Advisor Risk Tolerance Communication Taxes

The 15 Worst Financial Decisions And How To Recover From Them

Clever Girl Finance

APRIL 29, 2024

Not saving any of your monthly income When it comes to saving money, I’ve heard so many people complain that after they’ve paid their bills, they don’t have any money to contribute to their retirement accounts or to add to their emergency fund. Imagine if you did that for five years. You’d have over $5,000.

Budgeting

Budgeting Planning Accounting Investing

12 Steps To Creating A Solid Financial Plan For Yourself

Clever Girl Finance

MARCH 19, 2024

For instance, I might ask myself about my money: how much debt do I have? What does my savings account look like? Pay off debt When you make your money plan, be sure it includes a debt management system and a plan for paying off debt. Work towards being able to say, “I’m debt-free!”

Financial Planning

Financial Planning Planning Budgeting Retirement

Late Start on Retirement Savings? How to Try and Catch Up in Your 50s

WiserAdvisor

MARCH 28, 2024

Below are 5 steps that can help catch up on retirement savings in your 50s: Step 1: Max out your 401(k) and IRAs If you are 50 and have no retirement savings, one crucial strategy is to maximize contributions to your 401(k) and Individual Retirement Accounts (IRAs). Additionally, IRAs are retirement accounts you can open and fund on your own.

Retirement

Retirement Financial Advisor Medical Healthcare

The Importance of a Certified Financial Planner (CFP) for Your Financial Planning

WiserAdvisor

NOVEMBER 21, 2022

As an individual or business owner, you have a unique set of circumstances, goals, and risk tolerance that are each necessary to consider when creating a successful financial plan. This makes the latter more trustworthy and accountable. Opening Individual Retirement Accounts (IRAs) and managing your 401(k).

Certified Financial Planner

Certified Financial Planner Financial Planner CFP Financial Planning

Financial Advisor Source

4 Pitfalls of Not Having a Financial Plan

How to Choose the Right Wealth Management Firm in Kansas City

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How to Choose the Right Wealth Management Firm in Kansas City

Webinars

How Much To Save For Retirement By Age

Ten Steps To Creating A Solid Financial Plan For Yourself

Is Wealth Management Worth It? The ROI of Working With a Financial Advisor

How much do I need to retire? Planning for Your Unique Retirement Needs

Retirement Planning Tips: How Much an Average Person 65 and Older Spends Every Month

How to Determine If Your Financial Advisor Is Doing a Good Job Each Year

The 15 Worst Financial Decisions And How To Recover From Them

12 Steps To Creating A Solid Financial Plan For Yourself

Late Start on Retirement Savings? How to Try and Catch Up in Your 50s

The Importance of a Certified Financial Planner (CFP) for Your Financial Planning

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