NAIFA Advisor Today

SEPTEMBER 1, 2022

Life insurance is a crucial part of any solid financial plan, but 41% of Americans say they don’t have sufficient life insurance coverage. For agents and advisors, LIAM is the perfect time to meet with your clients to make sure their life insurance coverage meets their needs.

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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

Ballast Advisors

JUNE 18, 2024

As you navigate the waters of financial planning, it’s crucial to maintain balance and stability amidst the complexities of owning multiple residences in different states. Review your coverage limits and consider factors such as driving habits and annual mileage.

Insurance Coverage 52

Insurance Coverage Insurance Taxes Financial Planning 52

Carson Wealth

JANUARY 4, 2024

If you have student, personal or car loans, credit card debt or a mortgage, you need to have a plan on how to pay them off – and which ones to tackle first. While from a behavioral standpoint some suggest you should tackle low balance accounts first, a financial planning approach suggests you tackle high interest rate debt first.

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Financial Planning Planning Retirement Estate Planning 96

AdvicePay

JUNE 13, 2024

Much like the maintenance of a car ensures its longevity and optimal performance, financial planning demands both one-time and ongoing attention. This approach allows you to engage these clients by charging a fee that’s covered through their monthly cash flow.

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Insurance Coverage Financial Planning Estate Planning Tax Planning 87

Workable Wealth

OCTOBER 14, 2020

Financial planning can take your money game up a notch by bringing clarity, strategy, and intention to your financial life. A healthy financial plan gives you the tools to take control of your finances and start living your life with passion, purpose, and freedom. So what’s the value of a financial plan?

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Financial Planning Planning Insurance Coverage Tax Planning 52

WiserAdvisor

OCTOBER 31, 2023

Creating a financial plan is the first step toward achieving financial freedom. Financial plans are essential for setting your financial goals in motion. Not every financial plan stands the test of time, and multiple options can often lead you astray.

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MainStreet Financial Planning

JULY 23, 2024

Recently, I got an invitation for a webinar titled “Incorporating Property & Casualty into The Holistic Financial Plan.” Maybe there would be some nuggets I could share with clients to help navigate the changing insurance landscape so I signed up! as additional named insured on the policy. The webinar was fantastic!

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Insurance Insurance Coverage Medical Financial Planning 98

Nerd's Eye View

OCTOBER 31, 2022

While many financial advisors may have focused primarily on portfolio management at one time, the evolution of the financial planning profession has opened up an ever-growing number of services that advisors now offer to their clients on a regular basis.

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Clients Insurance Coverage Portfolio Management Numbers 130

MainStreet Financial Planning

MARCH 15, 2023

By entering information about their deposit accounts into the EDIE tool, users can generate a report that provides information on how their deposits are insured, what portion (if any) exceeds coverage limits, and what steps they can take to maximize their insurance coverage.

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MainStreet Financial Planning

JUNE 13, 2023

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. Just like with most things in life…taking the time to make a plan can provide you with peace of mind. Start saving for college now.

Insurance Coverage 98

Insurance Coverage Budgeting Healthcare Estate Planning 98

International College of Financial Planning

JULY 31, 2023

Retirement is a time to embrace your dreams and live a contended retirement life, but it requires meticulous financial planning and preparation. Retirement planning is even more critical for self-employed individuals as they lack the safety net of traditional benefits like PPF or LTA.

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Clever Girl Finance

DECEMBER 23, 2024

Freelancing is liberating, but without a solid financial plan, it can also be unpredictable. As a freelancer, you juggle not only your craft but also your finances, taxes, and retirement planning. That’s where financial planning for freelancers comes in. Plan for taxes ahead of time 4.

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Budgeting Financial Planning Planning Insurance 52

Ballast Advisors

JUNE 18, 2024

As you navigate the waters of financial planning, it’s crucial to maintain balance and stability amidst the complexities of owning multiple residences in different states. Review your coverage limits and consider factors such as driving habits and annual mileage.

Insurance Coverage 52

Insurance Coverage Management Insurance Taxes 52

Darrow Wealth Management

SEPTEMBER 25, 2023

While continuing to build equity in your home can be advantageous financially, navigating a construction project isn’t easy. And when something goes wrong, many homeowners are surprised to learn of gaps in their insurance coverage or their contractor’s.

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Clever Girl Finance

AUGUST 19, 2024

Plan for long-term baby expenses 5. Review your maternity leave and insurance coverage 6. Update your life insurance policy 8. Create or revise your estate plan 9. Plan for emergency expenses 11. The key is planning ahead to find what works best for your family. Practice living on one income 4.

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Insurance Coverage Budgeting Medical Insurance 104

Integrity Financial Planning

MARCH 19, 2023

Stocks, bonds, mutual funds, Treasury securities, life insurance, annuities, and items held in safe deposit boxes are not included in deposit insurance coverage. If you use your bank’s brokerage service to buy mutual funds and the brokerage fails, you won’t be protected by federal deposit insurance.

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Insurance Insurance Coverage Banking Accounting 97

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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Financial Planning Planning Financial Advisor Medical 40

Walkner Condon Financial Advisors

NOVEMBER 11, 2022

Insurance Amounts . Another overlooked area of a sound financial plan is insurance coverage and their respective coverage amounts. We should review our personal insurance coverage yearly as our assets and liabilities change.

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Insurance Coverage Retirement Planning Financial Advisor Taxes 98

Yardley Wealth Management

MAY 16, 2023

Working with a financial advisor during this process can provide a wide range of benefits, such as: A holistic view of your finances: A financial advisor can analyze your current financial situation, assess your financial goals, and develop a personalized financial plan that fits your unique needs.

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Insurance Coverage Financial Advisor Retirement Planning Budgeting 52

Truemind Capital

SEPTEMBER 8, 2024

2 Adequate Life and Health Insurance Coverage Ensure you have sufficient health insurance—at least Rs 20 lakhs for a family of four in a metro city. A family floater plan with critical illness coverage is advisable.

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Insurance Coverage Insurance Planning Banking 64

MainStreet Financial Planning

JUNE 2, 2022

Without sufficient insurance coverage, a homeowner is at risk of having to pay out of pocket to rebuild their home after a disaster. Here are the 8 types of insurance coverage that you will want to review to see if you have sufficient coverage for your home. Replacement cost coverage (aka “Dwelling”).

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Carson Wealth

AUGUST 4, 2022

Another option is adding insurance coverage that can help pay for some of the more significant health events. Here are two of the more standard coverage options that people can choose from. . Be sure to check what HSA deductions are available in your state before you jump in.

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Retirement Insurance Insurance Coverage Taxes 98

International College of Financial Planning

SEPTEMBER 3, 2021

This is because you have been failing to plan your funds because of less time, following the old ways, peer pressure, less understanding of the financial markets, and so on. A financial advisor is a certified financial planner who is licensed and regulated to take mandate decisions on multiple aspects of financial planning.

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Workable Wealth

NOVEMBER 11, 2020

But building a balanced meal plan takes more time and effort to accomplish. The same is true for a healthy financial plan. Not every financial planning task is exciting and groundbreaking, but each step secures your goals and vision for the future. Your coverage level is unique to you and your situation.

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Estate Planning Insurance Financial Planning Planning 52

Harness Wealth

DECEMBER 19, 2022

Whether you’re looking to get married , start a family , or planning for your estate , it makes good sense to take a closer look at your financial situation and how that might change after a big life event. It’s never too early to start building a better financial future for yourself. .

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Taxes Assets Insurance Coverage Financial Planning 52

Truemind Capital

FEBRUARY 2, 2021

Insurance is needed when you have dependents and do not have sufficient assets to take care of them in case of any mishap. One should always opt for a pure term plan (pure cost for insurance coverage) when insurance is required. What to keep in mind? What to keep in mind?

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Taxes Planning Insurance Coverage Insurance 52

WiserAdvisor

JULY 27, 2023

Review Insurance Coverage: Ensure you have adequate health, life, and long-term care insurance coverage. Evaluate options for reducing insurance premiums without sacrificing necessary protection. Manage Debt: Develop a strategy to pay off high-interest debts before retirement.

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Retirement Planning Financial Advisor Retirement Planning 40

Clever Girl Finance

DECEMBER 13, 2023

But you’ll be happy if you have the right coverage in place in the event of an emergency! Of course, surprise expenses are a part of life, but with some planning and preparation, you can minimize their impact on your budget. But creating a solid financial planning process and sticking to it can make a world of difference.

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Budgeting Planning Financial Planning Accounting 98

WiserAdvisor

DECEMBER 1, 2023

This article will shed light on why physicians particularly need financial advisors to navigate the financial intricacies of their lives. This can lead to financial instability in the long run. They are exposed to the potential threat of lawsuits from patients, which is why they need comprehensive insurance coverage.

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Financial Advisor Medical Insurance Education 59

Clever Girl Finance

APRIL 29, 2024

For example, do you rent an apartment but don’t have renters insurance? Do you need to increase your health insurance or auto insurance coverage? Having these things in place will literally save you when life happens and help you maintain your financial plan.

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Clever Girl Finance

SEPTEMBER 2, 2022

That’s why it’s important to prepare for the unexpected with an emergency fund and the proper insurance coverage. You can mitigate the financial burden of losing a job by having an emergency fund in place. When it comes to your finances, you should always have a plan to help mitigate risks. Life is full of surprises.

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Planning Budgeting Insurance Coverage Investing 105

Gen Y Planning

JANUARY 5, 2022

Review Your Insurance Coverage . The new year is an excellent time to take a look at your insurance coverage. Ask yourself, Do you have a life insurance policy that properly protects your family? Does your employer offer short or long-term disability insurance, and are you signed up?

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Insurance Coverage Insurance Accounting Taxes 52

Fortune Financial

JULY 12, 2023

Additionally, keeping up with changes in healthcare policies, insurance plans and available resources is crucial. Retirees should review their insurance coverage annually, compare plans and explore options that provide the necessary healthcare services at a more affordable cost.

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Healthcare Retirement Budgeting Financial Advisor 52

Fortune Financial

JULY 12, 2023

Additionally, keeping up with changes in healthcare policies, insurance plans and available resources is crucial. Retirees should review their insurance coverage annually, compare plans and explore options that provide the necessary healthcare services at a more affordable cost.

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Healthcare Retirement Budgeting Financial Advisor 52

Gen Y Planning

OCTOBER 13, 2023

Think about insurance coverage. There are health care options on Healthcare.Gov , and when you turn 65 you qualify for Medicare coverage. Consider which coverage option is best for you, and make sure you account for any increased cost prior to making a career transition.

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Retirement Accounting Consulting Planning 64

Cordant Wealth Partners

AUGUST 16, 2024

Tax planning for a transition out of Intel is critical. Medical It’s typical to get a year of COBRA as part of your separation package at Intel, which pays for continued health insurance coverage and allows you to stay on your Intel plan. 18 months of coverage is being offered for COBRA plus a $20k Healthcare bonus.

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