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.
Thinking of Retiring Abroad?
However exciting retiring abroad may sound, it deserves considerable planning.
Protecting Your Business from the Loss of a Key Person
Business owners may be able to protect themselves from the financial consequences of losing a key employee.
Do You Feel Lucky?
Recent changes in estate tax laws could affect the strategy you have in place.
Probate can be a completely public process, or it can be managed to include as little information as possible.
A letter of instructions provides additional and more personal information regarding your estate.
Workers 50+ may make contributions to their qualified retirement plans above the limits imposed on younger workers.
Roth 401(k) plans combine features of traditional 401(k) plans with those of a Roth IRA.
You can plan ahead to protect yourself and your family against the financial consequences of deteriorating health.
Federal estate taxes have long since been a lucrative source of funding for the federal government.
Determine your potential long-term care needs and how long your current assets might last.
Estimate the potential impact taxes and inflation can have on the purchasing power of an investment.
Use this calculator to better see the potential impact of compound interest on an asset.
Help determine the required minimum distribution from an IRA or other qualified retirement plan.
This calculator compares a hypothetical fixed annuity with an account where the interest is taxed each year.
This calculator estimates how much life insurance you would need to meet your family's needs if you were to die prematurely.
A number of questions and concerns need to be addressed to help you better prepare for retirement living.
A presentation about managing money: using it, saving it, and even getting credit.
The chances of needing long-term care, its cost, and strategies for covering that cost.
How federal estate taxes work, plus estate management documents and tactics.
What does your home really cost?
Retirees look for ways to convert savings and investments into regular income. One option to consider is an annuity.
Women are great at multi-tasking. But many drop the ball when preparing for retirement.
Millions faithfully file their 1040 forms each April. But some things about federal income taxes may surprise you.
The decision whether to buy or rent a home may have long-term implications.
Learning more about gold, and its history, may help you answer that question.