Sentences with phrase «says certified financial planner»
Do it over a five - to eight - year period, says certified financial planner Leon LaBrecque, CEO of LJPR Financial Advisors in the Detroit area.
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Says certified financial planner Gaurav Mashruwala: «Though the rate of return specified in pension plans is low, banning of partial withdrawal is a positive move because buyers of pension plans need to look at long - term planning.»
«If you're young and healthy, you should get really low rates [for term coverage],» says certified financial planner Johanna Fox Turner, a Certified Public Accountant and partner of Milestones Financial Planning in Mayfield, Kentucky.
«You can put 100 of us in a room, and we can't agree on ice cream, much less on finance,» says certified financial planner Chad Nehring of Conceptual Financial Planning in Appleton, Wis..
«If you're the cosigner, you're the co-borrower,» says Certified Financial Planner George Guerin.
«Permanent policies are best suited as estate planning tools for the very wealthy who are facing estate tax situations, or for sophisticated charitable intentions,» says certified financial planner Andy Tilp, president of Trillium Valley Financial Planning near Portland, Oregon.
It's an inexpensive way to accumulate a lot of life insurance,» says Certified Financial Planner Adam Sherman, president of Firstrust Financial Resources in Philadelphia.
«When you're opening the account, take the extra time and read the fine print,» says certified financial planner Brian Plain.
«Sam should take things one step at a time,» says Certified Financial Planner Julia Chung.
The good news, says certified financial planner Jason Heath, is Joanna will be entitled to CPP credits from her first husband as well as a survivor benefit from her second husband.
When deciding which of your financial goals deserve their own savings account, consider opening at least one for your emergency fund, says Certified Financial Planner Taylor Schulte of StayWealthySanDiego.com.
«With this many conflicting goals, it is easy to get frustrated, give up and stop paying attention to one's finances completely,» says certified financial planner and Vancouver Money Coach Annie Kvick.
«If the «average Joe» plans properly and maximizes these three strategies, he can surely keep his retirement income taxes very low, or even have tax - free golden years,» says certified financial planner, Michael Hardy.
«They should start getting more money for longer periods of time, but now they also need to start taking personal responsibility for some spending categories themselves,» says Certified Financial Planner Trevor Van Nest.
«Earning a higher rate of return would give them a buffer in later life should the need arise, but it's not necessary,» says certified financial planner Marc Lamontagne.
«Trusts are really beneficial for people who have $ 500,000 as a minimum to invest for their child,» says certified financial planner and father of two Jason Heath.
«Fee - only planners don't manage money so they're approached all the time by investment advisers looking for a referral in return for a referral fee,» says certified financial planner Jason Heath.
«This is free money for your child, and every low - income family should grab it,» says certified financial planner Heather Franklin.
«The recent market move is a reminder that markets don't always go up» in the short term, says Certified Financial Planner Taylor Schulte.
«They are a different breed [of investment],» says Certified Financial Planner Vid Ponnapalli, founder of Holmdel, N.J. - based Unique Financial Advisors.
«RMDs aren't that tricky,» says certified financial planner Andrew Weckbach, founder of Scaling Independence in St. Louis, MO., «but there are wrinkles you need to be aware of.»
«Take the time to review where you are, how you got there and where you're going,» says Certified Financial Planner Bill Van Sant, managing director at Girard Partners Ltd. in Pennsylvania.
The rigidity of budgeting is actually one reason they don't work over the long run for most people, says Certified Financial Planner Brad Klontz, author of «Mind Over Money» and co-founder of the Financial Psychology Institute.
«In other words, if we do nothing and sit on the sidelines when it comes to investing, we are, in fact, losing money,» says Certified Financial Planner
«They are in the middle of the ocean, really busy with all their financial goals,» says Certified Financial Planner
Whatever it is, be intentional, says Certified Financial Planner Meg Bartelt.
«If you do not invest, you are risking your future financial security,» says Certified Financial Planner Stacy Francis, CEO of New York - based
«If you do not invest, you are risking your future financial security,» says Certified Financial Planner Stacy Francis, CEO of New York - based Francis Financial.
«Identifying what you value can help you shape your financial goals... and navigate what type of financial strategy is appropriate for you,» says Certified Financial Planner Ariel Anderson.
«People get lucky sometimes, but no one has been able to consistently beat the market through active management,» says Certified Financial Planner Eric Roberge.
Sadly, this mindset is especially prevalent among the older generation, says Certified Financial Planner, Matthew A. Cosgriff.
«Over these last six years of seeing the market steadily go up, a lot of us have forgotten that it's normal for markets to also go down,» says Certified Financial Planner Stacy Francis, CEO of New York - based Francis Financial.
«Interest rates are continuing to rise, and the U.S. government starts an aggressive fiscal stimulus program in the form of tax cuts,» says Certified Financial Planner
«If you'd rather be able to call a landlord to handle issues when they arise, you may be better off renting for now,» says Certified Financial Planner John Piershale of Piershale Financial Group in Crystal Lake, Illinois.
The easiest and best answer is start now, said certified financial planner Geri Eisenman Pell, CEO of Pell Wealth Partners.
You'll have more leeway to meet goals even in the face of unexpected problems like a market downturn, job loss or illness, said certified financial planner Evelyn Zohlen, president of Inspired Financial in Huntington Beach, California.
«If the deceased had bad credit card debt or is upside down on a loan, the entire IRA could be used up,» said certified financial planner and estate lawyer Austin Frye, founder and president of Frye Financial Center.
«The people who end up buying it tend to fall into two different camps,» said certified financial planner Doug Wheat of Family Wealth Management, regarding his clients.
«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.
«We tell clients that we're indifferent to whether it's passive or active, from a philosophical standpoint,» said certified financial planner Shon Anderson, president and chief wealth strategist at Anderson Financial Strategies.
Run your details through a life expectancy calculator like Livingto100.com or the True Vitality Test at BlueZones.com, said certified financial planner Carolyn McClanahan, director of financial planning for Life Planning Partners in Jacksonville, Florida.
To make sure waiting is a good option, work through all the potential claiming strategies available to you (and your spouse), said certified financial planner Megan Olson, a wealth manager at Accredited Investors Wealth Management.
«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, Colorado.
Your own health habits — especially in terms of diet, weight, activity (or lack thereof)-- and choices around smoking, drinking and drug use, are arguably even more important predictors, said certified financial planner Carolyn McClanahan, who is also a medical doctor.
«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 Concepts.
Maintain each original document in its own sealed, marked envelope, said certified financial planner Mark Prendergast, director of tax strategies for Inspired Financial in Huntington Beach, California.
It's also prudent to shop for lower rates, said certified financial planner Tom Fisher, founder and principal of Fisher Financial Strategies.
«It's hard to expect someone at that age to make an informed decision,» said certified financial planner Catherine Hawley, a California - based certified financial planner and blogger.
«You can bet correctly on the presidential election, but the potential damage from guessing wrong about what will happen [in the financial markets] is much greater than any benefit you'll likely see,» said certified financial planner Tim Maurer, director of personal finance for Buckingham and The BAM Alliance.
«If you're working, you absolutely should think long and hard before you take Social Security,» said certified financial planner Clark Randall, founder of Financial Enlightenment in Dallas.