Sentences with phrase «n't financial planners»

Thinking outside the box, why can't financial planners recommend index funds to their clients?

Answer 2: I'm not a financial planner, I'm a real estate agent, but in my opinion you should always pay off the debt that has the highest interest rate — typically the line of credit.

With the exception of TD, it was always the clients — and not financial planners — who first brought up the topic of fees.

I am not a tax professional, I am not an accountant, I am not a financial planner, and you shouldn't listen to random people on the internet as a general statement.

Nancy Zimmerman: a canadian money coach (not a financial planner!)

He had to explain that he was simply a journalist, not a financial planner.3, 4

* I am not a financial planner.

Not the financial planners.

While an insurance agent isn't a financial planner per se, he / she can be the frontrunner when it comes to all things related to personal asset protection, which can be a critical component of a solid financial plan.

Not exact matches

«Attaining millionaire status doesn't mean much anymore,» says financial planner Vid Ponnapalli, founder of financial planning firm Unique Financial Advisors in Holmdel, Nefinancial planner Vid Ponnapalli, founder of financial planning firm Unique Financial Advisors in Holmdel, Nefinancial planning firm Unique Financial Advisors in Holmdel, NeFinancial Advisors in Holmdel, New Jersey.

«Coming out of the depression the Silents just didn't have much and likely neither did their families,» says Heather Franklin, a certified financial planner in Toronto.

Don't waste money on someone to tell you something you already know,» writes Neal Frankle, a certified financial planner and owner of personal finance website Wealth Pilgrim.

There are certainly times when hiring a financial planner is a good idea, but not everyone needs one, and some people are better off without one.

It's «definitely an option,» certified financial planner Nick Holeman tells CNBC Make It, «but typically, the downsides mean it's not the best option.»

Amy Hubble, a certified financial planner, said HSAs can be a powerful retirement - savings vehicle for younger people and those without children, who typically don't have big medical expenses and are able to let their balances compound over long periods.

«Financial planners have an economic bias to encourage investors to take or keep lump sums as opposed to choosing pensions — because we can charge fees on the former, not the latter,» Maurer added.

You might not think you have enough income or assets, but now's a good time to meet with a financial planner.

Not too bad for a financial planner.

«This is the single - largest asset many consumers have, and they're not optimizing it, they're not getting the maximum income from it,» certified financial planner Ron Carson, founder and CEO of Carson Wealth Management Group, told CNBC.

«If you do not want to read the employee handbook, hire someone, such as a certified financial planner to do it for you.»

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.

As a certified financial planner, I have to admit I didn't buy a lottery ticket — the odds just aren't good enough for my money, or anyone's for that matter.

Basically, financial planners don't like investment conversations absent the context of a specific client's financial situation.

Additionally, according to certified financial planner Robert Leitner, president of Financial Advisory Network, those who divorce and then remarry can not collect on their ex's accounts; unless they remarry after age 60, in which case they can collect survivor financial planner Robert Leitner, president of Financial Advisory Network, those who divorce and then remarry can not collect on their ex's accounts; unless they remarry after age 60, in which case they can collect survivor Financial Advisory Network, those who divorce and then remarry can not collect on their ex's accounts; unless they remarry after age 60, in which case they can collect survivor benefits.

Getting small - business owners, whose lives often revolve around work, to examine what gives their lives meaning is not always easy, say financial life planners who are trained to help clients explore what they really want to do with their money.

Joan Sharp, a Certified Financial Planner with Life Strategies LLC in Wilmington, Del., says money means different things to different people, and some people may not want to talk about their spending habits.

«It's not just looking at numbers,» says Therese Nicklas, a certified financial planner and owner of The Wealth Coach for Women in Rockland, Massachusetts.

«The payee is going to have to make a gigantic change to their lifestyle, and if they're not working, they're out of luck,» added Justin Reckers, a certified financial planner, divorce financial analyst and CEO of WellSpring Divorce Advisors

«A client in her early 60s may have not yet begun to receive Social Security and is living off a portfolio which is providing her income which generates very little in taxes,» said certified financial planner Chad Hamilton with Mariner Wealth Advisors in Denver.

The deduction doesn't have to be for an entire room, if that section of a room is not used for personal purposes, says Cynthia Turoski, a certified financial planner and certified public accountant with Bonadio Wealth Advisors in Albany, N.Y.

PROS: One of the perks of stashing your dough under covers is not having to pay taxes on it, says Casey Weade, a certified financial planner and vice president of Howard Bailey Ffinancial planner and vice president of Howard Bailey FinancialFinancial.

Carolyn McClanahan, a certified financial planner and physician, believes there are some commonsense solutions to fixing the health - care system, and she feels the politicians are actually the problem and not the problem - solvers.

«If you are not disciplined enough, you can be much more inefficient than if you were at work,» says Howard Hook, a certified financial planner and certified public accountant with Access Wealth Planning in Roseland, N.J.

They're not for everyone: Before deciding to invest in a 529 plan, seeking advice from a financial planner or tax consultant would be a wise choice.

Financial planners will be able to set financial goals for customers on their profiles, though they will not have direct access to tranFinancial planners will be able to set financial goals for customers on their profiles, though they will not have direct access to tranfinancial goals for customers on their profiles, though they will not have direct access to transactions.

«If you're able to put away the $ 450 a month, you probably don't notice it as much as a $ 5,500 payment at the end of the year,» says Ryan Inman, a financial planner at Physician Wealth Services, LLC.

As an entrepreneur and a Certified Financial Planner, I'd encourage anyone who doesn't have a freedom fund to consider its power to help you run your business better.

«If you owe more than $ 1,000 at the end of the year and you don't qualify for one of the [exceptions], you will be penalized,» said certified financial planner and certified public accountant DeDe Jones, managing director of Innovative Financial in Lakewood, financial planner and certified public accountant DeDe Jones, managing director of Innovative Financial in Lakewood, Financial in Lakewood, Colorado.

«The biggest mistake a client can make when buying a QLAC, assuming the client doesn't need the income before 75 or so, is not purchasing a QLAC soon enough,» said Robert Klein, a certified financial planner and president of the Retirement Income Center in Newport Beach, California.

Reach out to a financial planner who can provide a review of your financial situation, help you understand whether or not you're on track, and give you a specific plan of action to follow to secure the future you want.

«For someone who doesn't need all the money now, [a QLAC] can be a valuable tax reduction tool,» said Gilbert Armour, a certified financial planner at Sagepoint Financial in Sfinancial planner at Sagepoint Financial in SFinancial in San Diego.

«There are people who can't do anything else, whose savings haven't been such that they can wait,» said certified financial planner David Mendels, director of planning at Creative Financial financial planner David Mendels, director of planning at Creative Financial Financial Concepts.

If you — like MDY's Galina Datskovsky — despair of finding a financial expert who isn't motivated by visions of big sales, you might consider a consultation with a fee - only financial planner who sells no investment products and earns no commission income.

Says Doug Mollin, a financial planner with ProPlan, in Elmhurst, N.Y., «You could wind up in a situation where the school expects your child to sell off your company's stock in order to pay the tuition bill — not exactly what you had in mind.»

The first thing to emphasize with clients, said Roger Ma, certified financial planner and founder of financial planning firm lifelaidout, is not only their new home state's income taxes — if there are, indeed, any — but all its other taxes, such as property taxes, sales taxes, inheritance and estate taxes.

Our cash flows would almost entirely be fed with recurring revenue via subscription sales of products aimed at helping individual investors take care of their own nest egg growth, allowing them to cut the cord with the classic establishment (Wall Street, financial planners & analysts, full - service brokers and similar) at a time when individual investors feel the least trust of that establishment.

«Don't be too proud to apply for unemployment; you're not getting something for nothing,» explains Certified Financial Planner Gary Silverman, founder of Personal Money Planning in Wichita Falls, Texas.

«Unlike stocks, bonds or real estate, bitcoins, for example, do not generate income or pay dividends,» explains Certified Financial Planner Taylor Schulte of Define Financial.

Working with a fee - only financial planner means having the entirety of your needs evaluated, so you will never pay too much for products or services that you do not need.

«Unlike stocks, bonds or real estate, bitcoins do not generate income or pay dividends,» explains Certified Financial Planner Taylor Schulte of Define Financial.