Nerd's Eye View

OCTOBER 4, 2022

What's unique about Ramit, though, is how he literally wrote the book (and subsequently launched an online educational platform and brand) on how consumers can not just learn more about their finances but change their financial behaviors, without focusing on a budget or setting retirement savings goals, and instead helping them focus their money more (..)

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Clients Financial Advisor Education Retirement 246

Good Financial Cents

MARCH 17, 2023

This information is critical if you want to create a budget and manage your money correctly. I’ll also share some budgeting and side hustle tips so you can get the most out of the money you earn. In your budget, you should plan to set aside money to cover future expenses, such as a vacation, a house downpayment, retirement , etc.

Budgeting 103

Budgeting Taxes Retirement Planning Food 103

Integrity Financial Planning

JUNE 5, 2023

A recent study by Investopedia found that Generation X’s biggest worry is retirement. The survey found that although many members of Gen X feel like they understand their finances, they are still concerned about setting themselves up to transition into retirement. 1] These numbers are very significant. So what can you do?

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Retirement Financial Advisor Planning Budgeting 98

James Hendries

SEPTEMBER 25, 2022

Many workers have been dreaming of retirement since they first entered the workforce. However, once this retirement date draws near, the prospect of giving up your primary source of income may be nerve-wracking, even if you’ve diligently saved and planned. Draft a Retirement Budget. Rolling Your Savings Over.

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Retirement Medical Healthcare Budgeting 98

Integrity Financial Planning

APRIL 18, 2023

If you are headed toward retirement soon, or you have just retired, you may find yourself wondering, “Is my nest egg enough?” As you know, medical expenses, long-term care, housing repairs, and other unpredictable costs are just a part of life, so how can you prepare for those kinds of things during your retirement?

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Retirement Medical Budgeting Financial Planning 98

Integrity Financial Planning

DECEMBER 18, 2023

One crucial aspect that you should financially monitor is the common financial stumbling block encountered when shifting to a retirement lifestyle. Market fluctuations may provoke intense reactions, and the state of your retirement savings can easily incite panic. If your plan is working, then you probably want to stick with it.

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Retirement Retirement Planning Planning Financial Planning 97

Integrity Financial Planning

JUNE 27, 2023

However, it is a common goal for retirees to create and maintain generational wealth in retirement. This process should include setting realistic and achievable objectives, creating a budget, and establishing an emergency fund. [2] In today’s fast-paced world, ensuring financial stability for future generations can be a daunting task.

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Retirement Healthcare Financial Planning Estate Planning 98

Integrity Financial Planning

JUNE 29, 2023

It’s pretty easy to have a great time in retirement. If you’re looking to get the most out of retirement, what should you do? But spending time with others is important for your happiness, and now that you’re retired you can spend more time with friends or family you don’t see all the time! You’re not working.

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Retirement Financial Planning Budgeting Financial Advisor 96

Random Roger's Retirement Planning

APRIL 23, 2023

The Atlantic had what I would describe as a very left leaning article about lowering the retirement age in the US while increasing payroll taxes to pay for it and to cover the expected shortfall in Social Security due to hit in 10-12 years. It was short anecdotes from older white collar workers who are planning to never retire.

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Retirement Planning Advertising Budgeting 75

Your Richest Life

JUNE 3, 2024

One of the simplest ways to cut down on your tax liability is to save for retirement. And you work that into your budget to make sure you’re allocating more funds to those accounts for the rest of the year. Note: You can enroll or change what you’re contributing to your retirement accounts throughout the year.

Budgeting 97

Budgeting Taxes CFP Retirement 97

WiserAdvisor

AUGUST 31, 2023

Financial advisors play a crucial role in assisting you before your retire. They can provide ongoing support so you can continue investing after retirement, monitor market fluctuations, and make necessary adjustments to your retirement portfolio. Here are 5 benefits of hiring a financial advisor after you retire: 1.

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Financial Advisor Retirement Risk Tolerance Estate Planning 90

Clever Girl Finance

SEPTEMBER 28, 2022

There are many different ways to come up with your perfect budgeting strategy. Alongside your monthly budget, you should also have a bare bones budget waiting in the wings. What is a bare bones budget? It's a budget that only covers the necessities. That's why this is not a sustainable long-term budget.

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Budgeting Transportation Retirement Food 59

Integrity Financial Planning

NOVEMBER 20, 2023

One way of thinking about retirement is that it happens in phases. Phase 1: Pre-retirement (Approximately Ages 50-62) This is around the age when you will start to have a sense of what you have saved and what your expenses might look like. When you are 20 years old, it can be hard to picture what retirement might look like for you.

Retirement 52

Retirement Budgeting Medical Distribution 52

Clever Girl Finance

JANUARY 17, 2023

Many of us associate budgets with being an annoying part of managing our financial lives. At worst, some of us think of budgets as a major constraint on how we would like to live our life. But a deeper understanding of the purpose of budgets might make sticking to it a bit more palatable. What is the purpose of budgets?

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Budgeting Retirement Food Planning 64

Carson Wealth

APRIL 25, 2024

Once you have your goals set, you can build your plan with any combination of the following elements: Budgeting and expense management: Create a detailed budget outlining income, expenses, and savings targets. Retirement planning: Calculate retirement needs and contribute regularly to retirement accounts.

Financial Planning 97

Financial Planning Planning Retirement Insurance Coverage 97

Integrity Financial Planning

DECEMBER 4, 2023

Do you feel like you have enough saved for retirement? Do you have anything saved for retirement? If your answer to either of these questions is no, then our advisors may have some strategies to help you turn your retirement income strategy around. Don’t Retire Right Away! That’s okay! 1] [link] [2] [link].

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Retirement Retirement Planning Budgeting Financial Planning 98

Clever Girl Finance

AUGUST 4, 2022

Budgeting isn’t just about making sure you have enough to pay for the bills each month. In this article, you'll learn about the different types of sinking funds categories to help you build out your budget and live debt-free. This is to ensure you’re not going over your budget when a big event like a wedding or a birthday comes up.

Budgeting 64

Budgeting Medical Transportation Planning 64

Clever Girl Finance

JANUARY 29, 2023

This is very important for retirement, and knowing what your target net worth by age should be will help you better understand how to reach your personal financial goals. You will likely want to retire in the next decade, so it's important to save and invest as much as possible while also not being too risky. Rowe Price.

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Budgeting Retirement Assets Education 118

Clever Girl Finance

OCTOBER 24, 2022

And maybe you're craving some fun stay at home date night ideas but need them to be budget-friendly as you work on your financial goals. Some may find it difficult to stick with a budget while dating because the average date costs roughly $100; this equals two dinners, a bottle of wine, and movie tickets—ouch! Plan a board game night.

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Budgeting Planning Food Communication 68

Clever Girl Finance

OCTOBER 14, 2022

So you need to be brutally honest with yourself about any outstanding debt , student loans, or high expenses that are hurting your budget. In order to combat this, take some time to make a budget. You also want to find a budgeting method that works for you because it will help you manage your money better. Are you overspending?

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Management Budgeting Insurance Accounting 111

Clever Girl Finance

AUGUST 8, 2022

According to the data from the US Census Bureau , 50% of women aged 55-66 have no personal retirement savings. So, how much should you save before you retire? Can you retire with 500k, or do you need more? Keep reading to find out if it’s possible to retire with 500k — and how to do it. The good news? Cost of living.

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Food Retirement Retirement Planning Budgeting 59

Clever Girl Finance

DECEMBER 1, 2022

Knowing how to make a financial plan will allow you to save money, afford the things you really want, and achieve long-term goals like saving for college and retirement. It details your current money situation, as well as your financial system, including things like investing, saving, retirement, and estate plans. Retirement savings.

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Financial Planning Planning Budgeting Insurance 105

Clever Girl Finance

JULY 18, 2022

An example of lifestyle inflation is you might not have the savings to fund your dreams because your budget is saturated with items that you don’t necessarily need. As you make decisions surrounding your budget, consider the threat of lifestyle inflation. Add big changes to your budget gradually. Is it an essential item?

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Budgeting Math Accounting Retirement 116

Carson Wealth

DECEMBER 27, 2023

Do not be blindsided when premiums are due. · Disability insurance – According to the Social Security Administration, more than a quarter of today’s 20-year-olds will become disabled before they reach retirement age. Taxes & Retirement Plans Tax law seems to get more complicated every year.

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Planning Retirement Planning Insurance Taxes 89

WiserAdvisor

MARCH 22, 2024

Embarking on the journey toward retirement often begins with the echoing question: How much money is enough to retire comfortably? The essence of retirement planning transcends mere savings; it’s about crafting a future that mirrors one’s long-held dreams, providing a sense of security and freedom in the golden years.

Retirement 52

Retirement Retirement Planning Financial Advisor Planning 52

Prosperity Coaching

FEBRUARY 17, 2022

Then an “um” and a reply “I work with, you know, the retired crowd.” The post Financial Advisors Attracting Retirees and Retired Couples appeared first on The Prosperous Advisor Coaching Blog. Financial Advisors Attracting Retirees: When I ask financial advisors “Who is your target market?” I often get a blank stare.

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Financial Advisor Retirement Marketing Marketing 52

Walkner Condon Financial Advisors

APRIL 26, 2024

This post does not cover budgeting; it is assumed that the couple is comfortable with their day-to-day spending and is intended to encourage a broader discussion on financial strategy and goals. Do you have savings accounts, retirement accounts, individual brokerage accounts, or any other assets that your partner should be aware of?

Accounting 103

Accounting Retirement Financial Advisor Budgeting 103

Clever Girl Finance

AUGUST 22, 2022

Having wealth allows you to build up your retirement and have the opportunity to purchase more assets. Create a budget. Try using something like the 50/30/20 budget. There are many other budgeting options, as well, like the 70/20/10 or the 30/30/30/10 budget. Create a budget that works for you.

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Wealth Accumulation Budgeting Estate Planning Insurance 103

Mr. Money Mustache

SEPTEMBER 7, 2022

Aren’t I supposed to be retired? Then dread at the idea of actually signing myself up for a bunch of “work” when I’m already way too busy doing fun, meaningful stuff as a retired person. I taught my couple, John and Kim, how to streamline their initial $12,000+ per month spending budget (!!), Why did I agree to this? The Origin.

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Retirement Budgeting Food Consulting 100

Clever Girl Finance

JANUARY 16, 2024

I’m a huge fan of this approach to living because I can prioritize spending money on those things that matter the most to me and cut back on my budget in other areas. You decide where you will be living stingy with certain aspects of your budget and where you will live largely. Learn more about creating a budget that works here.

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Budgeting Food Insurance Planning 105

Integrity Financial Planning

SEPTEMBER 26, 2022

The same way you prepare for the winter, you might have to prepare your retirement finances for a potential recessionary period. There is no simple fix for getting ready for a rocky economy – what is right for you may vary based on your unique financial situation, goals, and retirement timelines. What Can We Expect from the Markets?

Financial Advisor 98

Financial Advisor Retirement Planning Marketing Marketing 98

Truemind Capital

SEPTEMBER 23, 2024

Or maybe you’ve got big goals like buying a home, paying off debt, or saving for retirement, but you’re not sure where to start? A financial coach helps you set realistic and achievable goals, whether it’s saving for a vacation, buying a home, or planning for retirement. Are you feeling lost when it comes to managing your finances?

Budgeting 59

Budgeting Risk Tolerance Retirement Insurance 59

Integrity Financial Planning

DECEMBER 18, 2023

One crucial aspect that you should financially monitor is the common financial stumbling block encountered when shifting to a retirement lifestyle. Market fluctuations may provoke intense reactions, and the state of your retirement savings can easily incite panic. If your plan is working, then you probably want to stick with it.

Retirement 52

Retirement Retirement Planning Planning Financial Planning 52

Your Richest Life

MAY 16, 2023

Too many new physicians end up buying a house or a car immediately, before getting a handle on loans and retirement savings. I have a full blog post about how physicians can avoid lifestyle inflation , but here are some highlights: Know what your debts are, and make sure you have a plan for how to pay them off.

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Financial Planner Retirement Planning CFP 102

Ballast Advisors

MAY 8, 2023

In this blog, we’ll dive deep into some lessons they’ve learned and the role that financial planning plays in supporting their goals. The “Boomer” mom focused on retirement and caretaking. She worked for 3M for 38 years, retiring in the healthcare division. All three generations of women live in Woodbury, Minn.

Financial Planning 98

Financial Planning Planning Financial Planner Retirement 98

Park Place Financial

NOVEMBER 29, 2022

Retirement Planning 5 Ways to Catch Up on Retirement Planning Later in Life Schedule a Complimentary Financial Review CLICK HERE TO SCHEDULE. Retirement is a significant investment, which is why so many financial experts recommend establishing goals and starting when still a younger adult. 1) Establish Your Retirement Needs .

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Retirement Planning Retirement Certified Financial Planner Planning 52

WiserAdvisor

SEPTEMBER 8, 2023

Most people feel a sense of anticipation and excitement before retirement. Yet, amidst the joy and delight, it is vital to remember that the journey to retirement is not one to be rushed. Hasty decisions made before retirement can lead to unexpected financial troubles and compromises.

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Retirement Retirement Planning Financial Advisor Budgeting 45