Sentences with phrase «financial planners advise»

Hence, financial planners advise sticking to a proper asset allocation for investment and buying a pure term plan and comprehensive health plan.

Typically, financial planners advise people to replace 70 percent to 85 percent of their income in retirement.

For starters, many financial planners advise, have enough cash on hand to cover at least a year's worth of basic expenses, including food, housing, health care and transportation.

A financial planner advises customers about saving strategically, including opening retirement accounts, refinancing recommendations and maintaining emergency funds.

What a financial planner advised me to do was concentrate on 12 months of mortgage payments saved for the e-fund.

On completion, Standard Life will have over 50 financial planners advising over 7,000 clients on around # 2.0 billion of their assets.

On completion of the acquisitions of Munro Partnership Limited and Almary Green, Standard Life will have 59 financial planners advising 8,700 clients on over # 2.6 bn of their assets.

Not exact matches

Douglas A. Boneparth, a certified financial planner who advises millennials and president of Bone Fide Wealth, told INSIDER that this social media «FOMO» is a societal problem, not just a generational one.

«It seems we've been telling clients that rates are going higher forever, advising clients to stay short duration,» said Amy Hubble, a certified financial planner with Radix Financial in Oklahfinancial planner with Radix Financial in OklahFinancial in Oklahoma City.

Under Nevada law, a financial planner is «a person who for compensation advises others upon the investment of money or upon provision for income to be needed in the future, or who holds himself or herself out as qualified to perform either of these functions.»

«Make sure you're comfortable with your planner,» advises Founder and Principal at Las Vegas - based Belmore Financial, LLC Kate Holmes.

Before hiring a financial planner, you want to make sure he or she has the right credentials to be advising you on financial decisions.

I strongly advise anyone looking to hire a financial planner to give some thought as to what they are looking for in terms of advice.

Renée Verret, a Toronto financial planner, advises her clients to start off by window shopping for materials so they know what they cost before they commit to a project.

Also, be wary of financial planners who advise you to take your pension as a lump sum: sometimes they're swayed by the idea of receiving hefty commissions for reinvesting your savings.

Financial planners typically advise clients to divert 10 percent or more of their salary toward retirement accounts.

Most financial planners will advise you to diversity your portfolio so you are not so vulnerable with major changes in the market.

It is strongly advised that you consult with your family and / or trusted financial planner before entering into any mortgage loan.

6 months is usually about right but some «television financial planners» are now advising upwards of 8 or 9 months.

Jason Heath, of Toronto - based fee - only planners Objective Financial Partners, leans to advising clients to defer CPP / OAS to 70 for those whose life expectancy is average or longer than average.

Talk to a lawyer about how to gift assets while you're still alive, or get an accountant or financial planner to advise you about ways to transfer a cottage so that the capital gains on it are recorded over more than one year.

The couple is working with a financial planner who advised them that the combination of government benefits, RRSP withdrawals and pension income could push him into a higher tax bracket during retirement.

We therefore strongly advise you talk to your financial planner, tax adviser and / or stockbroker and ensure you understand the risks, the specific tax implications as well as the legal and financial ramifications of a share investment lending facility.

Michael Hardy, a certified financial planner and partner with Amherst, New York - based independent financial planning firm Mollot & Hardy Inc., notes a few options about which he typically advises working - class clients.

Borrow Money From Your 401 (K) or 403 (B): Most financial planners will advise you not to borrow money from your 401k or other retirement account with the concern that you may «miss out» on market gains.

Ask most financial planners and they will strongly advise against borrowing from your 401K to buy a second home.

A Certified Financial Planner has passed a licensing exam and will advise you and help you reach your financiFinancial Planner has passed a licensing exam and will advise you and help you reach your financialfinancial goals.

However, I was advised by my financial planner that it would be wise to move to a Family RESP plan, shift all $ 300 / mth to my eldest to maximize his contributions, and when he goes to school, pull out $ 10k / year of the capital and immediately re-invest $ 5k / year for my other two children until they are maximized.

Financial planners can advise retirees on which assets to use first in order to minimize their tax burdens, how to invest some of their funds wisely, and how to put their financial affairs in order to ease the burden on theFinancial planners can advise retirees on which assets to use first in order to minimize their tax burdens, how to invest some of their funds wisely, and how to put their financial affairs in order to ease the burden on thefinancial affairs in order to ease the burden on their heirs.

«If you're thinking about refinancing, now probably is the time to do it,» advises Lauren Cole, a certified financial planner at Consumer Report.

Every credible financial planner / PF guru (excluding bloggers) will advise you NOT to pay it off.

Which is notable both that major investors now see the upside of «robo» platforms as expanding them back into human advisors, and also because if it works it could dramatically alter the landscape for 401 (k) rollovers by making those assets «advised» by a comprehensive financial planner before they ever become a rollover opportunity in the first place!

Most Americans repay their debts in the wrong way, said Greg Knight, a certified financial planner and founder of Engage Advising in Oakland, Calif. «For example, if you have three credit cards with minimum balance payments, many people round up each minimum payment,» he said.

It is a common refrain by many financial planners and investment professionals to advise their clients to make their money work for them.

Certified financial planner Lyle Benson of L.K. Benson and Company advises that you diversify your retirement savings into funds that keep pace with inflation rates but remain conservative.

Rodolfo Martinez, a former financial planner and current executive director of the Ontario Immigrant Network, advises newcomers to take out one or two credit cards or lines of credit that total around $ 3,000.

It is strongly advised that you consult with your family and / or trusted financial planner when considering any reverse mortgage loan.

The amount of death benefit needed is very specific to each individual situation, and we advise that you always consult with a financial planner when determining specific needs.

For example, some financial planners and advisors recommend buying 8 to 10 times your annual income, but to advise consumers to buy that much life insurance regardless of other factors would be disastrous.

Financial planner you need to study things well before advising to the masses.

Some financial planners recommend that the two entities be kept separate and advise their clients to take term coverage.

«simply because it says AARP doesn't mean it really is a good deal,» says Mark Maurer, vice-president of Low Load Insurance Services, a Tampa broker that advises fee - only financial planners searching for insurance products on the part of clients.

Internet users and online readers are advised not to act upon the information without seeking the service of a professional financial planner / financial consultant / tax advisors.

Where a lawyer can help you fight for your fair share of the marital estate (think of this like a pie to be divided), a financial planner can advise you which pieces of property (slices of the pie) will be most beneficial for you to come away with, based on your short and long term goals.

It is strongly advised that you consult with your family and / or trusted financial planner before entering into any mortgage loan.

As a REALTOR ® and certified financial planner, I've seen, experienced, and advised portfolio balance during good and bad times.

If you have a high credit score, consider consolidating multiple loans into 1 with a private lender to get an even lower rate than you are paying now, says Rose Swanger, a financial planner at Advise Finance in Knoxville, Tennessee.