A Financial Roadmap:
Create a financial plan of attack!
"How do I get started?"
Each individual, family, or business owner has a unique set of values, lifestyle choices, and goals. The question isn't whether you should have a financial plan. You should. The question is how well your plan serves you. Does it address debt reduction? Does it address emergency fund savings? Does it address long-term retirement savings? Are the risks your family faces appropriately insured?
Creating a personal financial plan that organizes your financial house and prioritizes your spending decisions is the beginning of a journey. It may take some time to do it, and it may be a little stressful (after all, there is paperwork to gather, and there are issues to think through). But:
The plan itself is pointless if you don’t implement it.
The rewards of undertaking the planning journey are manifold: one moves ahead with confidence in having made clear decisions in direction and wise choices in spending. Our mission is to stand alongside you on this journey, bringing all of our technical expertise and experience to the table for your benefit.
Whether you're nearing retirement and asking, "Do I have enough money to live on?" or a young professional wondering, "How do I manage my student loans and plan for my future?" we are happy to meet with you to discuss your options. Contact our Coral Gables office today at (305) 444-6668 for a complimentary initial consultation. Se habla español.*
*Products and contracts are only available in English.
Life and Death of a \$20 Bill
How long does a $20 bill last?
What Is a 1035 Exchange?
1035 exchanges provide a way to trade-in an annuity contract or life insurance policy without triggering a tax liability.
What is the Value of Your Business?
Ascertaining the value of your business is important for a variety of reasons.
Federal estate taxes have long since been a lucrative source of funding for the federal government.
The uncertainties we face in retirement can erode our sense of confidence.
Some people may want a more advanced gifting strategy that can maximize their gift and generate potential tax benefits.
In investments, one great debate asks the question, “Active or Passive Investing: Which is Better?”
A company's profits can be reinvested or they can be paid out to the company’s shareholders as “dividends."
International funds invest in non-U.S. markets, while global funds may invest in U.S. stocks alongside non-U.S. stocks.
This questionnaire will help determine your tolerance for investment risk.
This calculator estimates how much life insurance you would need to meet your family's needs if you were to die prematurely.
Estimate the potential impact taxes and inflation can have on the purchasing power of an investment.
Enter various payment options and determine how long it may take to pay off a credit card.
Estimate how long your retirement savings may last using various monthly cash flow rates.
Help determine the required minimum distribution from an IRA or other qualified retirement plan.
The chances of needing long-term care, its cost, and strategies for covering that cost.
A presentation about managing money: using it, saving it, and even getting credit.
A number of questions and concerns need to be addressed to help you better prepare for retirement living.
How federal estate taxes work, plus estate management documents and tactics.
What does your home really cost?
Millions faithfully file their 1040 forms each April. But some things about federal income taxes may surprise you.
Procrastination can be costly. When you get a late start, it may be difficult to make up for lost time.
A will may be only one of the documents you need—and one factor to consider—when it comes to managing your estate.
Have you explored all of your choices when it comes to managing your taxable income?
Learning more about gold, and its history, may help you answer that question.