Can political leadership shape our economic future, or do external factors hold greater sway? In this episode, Melissa Joy, CFP® dives into the complexities of financial planning during uncertain times, particularly as we approach a new Trump presidency in 2024 or 2025. Using historical events like 9/11 and the COVID-19 pandemic as context, she examines how external shocks often overshadow political leadership in influencing economic outcomes. This episode offers actionable insights on navigating volatile markets, safeguarding your health coverage, and building a resilient financial plan.

Listen and Learn:

• Political Leadership vs. External Shocks: Explore the limited influence of administrations on long-term financial outcomes compared to significant external events.
• Healthcare Planning: Insights from a Washington analyst on the Affordable Care Act (ACA) and protections for individuals with pre-existing conditions, especially for early retirees.
• Real Estate Market Challenges: Analyze the impact of high interest rates and potential SALT deduction changes on homeownership and property investments.
• Industry-Specific Insights: Learn how regulation and deregulation might reshape sectors like the auto industry in Michigan.
• Long-Term Financial Strategies:
  • The importance of a diversified investment portfolio to weather market volatility.
  • Crafting a financial plan to manage economic uncertainties effectively.
  • Guidance on preparing for future downturns without overreacting to political or market shifts.

The previous presentation by PEARL PLANNING was intended for general information purposes only. No portion of the presentation serves as the receipt of, or as a substitute for, personalized investment advice from PEARL PLANNING or any other investment professional of your choosing. Different types of investments involve varying degrees of risk, and it should not be assumed that future performance of any specific investment or investment strategy, or any non-investment related or planning services, discussion or content, will be profitable, be suitable for your portfolio or individual situation, or prove successful. Neither PEARL PLANNING’s investment adviser registration status, nor any amount of prior experience or success, should be construed that a certain level of results or satisfaction will be achieved if PEARL PLANNING is engaged, or continues to be engaged, to provide investment advisory services. PEARL PLANNING is neither a law firm nor accounting firm, and no portion of its services should be construed as legal or accounting advice. No portion of the video content should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if PEARL PLANNING is engaged, or continues to be engaged, to provide investment advisory services. A copy of PEARL PLANNING’s current written disclosure Brochure discussing our advisory services and fees is available upon request or at https:...

Ever thought estate planning was only for the wealthy or elderly?

Think again. In this episode of the Women's Money Wisdom Podcast, renowned estate planner Jennifer Rozelle joins us to demystify the often-overlooked world of estate planning. Together, we explore why starting your estate plan early is essential, regardless of your age or financial situation.

From navigating guardianship for young families to managing complex financial assets in retirement, Jennifer offers invaluable advice to help you avoid common mistakes and secure your loved ones’ futures. We dive into the hidden complexities of wills, probate, and beneficiary designations, highlighting why relying on default intestacy laws can lead to unintended consequences.

With engaging real-world examples—including celebrity estate planning missteps from icons like Aretha Franklin and Kobe Bryant—we emphasize the importance of regular updates, personalized planning, and clear communication. Jennifer shares cautionary tales and expert tips, shedding light on issues like unrestricted inheritances, Medicaid implications, and the tax considerations that catch many off guard.

This episode is a must-listen for anyone looking to take control of their financial legacy with confidence and clarity.

Listen and Learn:

• Why Estate Planning Matters at Any Life Stage: The crucial role it plays in protecting your loved ones.
• Navigating Common Pitfalls: Avoid mistakes with expert tips on wills, probate, and inheritance planning.
• Lessons from Celebrities: What high-profile cases teach us about the need for regular updates.
• The Power of Professional Guidance: How to craft a plan tailored to your needs and avoid a one-size-fits-all approach.
• Communication is Key: Ensuring your wishes are clear and effectively executed.

https://www.indianaestateelderlaw.com/

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The previous presentation by PEARL PLANNING was intended for general information purposes only. No portion of the presentation serves as the receipt of, or as a substitute for, personalized investment advice from PEARL PLANNING or any other investment professional of your choosing. Different types of investments involve varying degrees of risk, and it should not be assumed that future performance of any specific investment or investment strategy, or any non-investment related or planning services, discussion or content, will be profitable, be suitable for your portfolio or individual situation, or prove successful. Neither PEARL PLANNING’s investment adviser registration status, nor any amount of prior experience or success, should be construed that a certain level of results or satisfaction will be achieved if PEARL PLANNING is engaged, or continues to be engaged, to provide investment advisory services. PEARL PLANNING is neither a law firm nor accounting firm, and no portion of its services should be construed as legal or accounting advice. No portion of the video content should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if PEARL PLANNING is engaged, or continues to be engaged, to provide investment advisory services. A copy of PEARL PLANNING’s current written disclosure Brochure discussing our advisory services and fees is available upon request or at https:...

Imagine starting the year with a solid financial foundation.

In this episode of the Women's Money Wisdom Podcast, Melissa Joy, CFP®, CDFA®, will guide you through setting intentional and achievable goals using the SMART method. We'll explore how reflecting on 2024's financial accomplishments, no matter the size, can boost your confidence. Discover how writing down aspirations makes them more attainable, and how incremental progress, alongside addressing past financial challenges, can lead to a well-strategized financial journey.

Our conversation doesn't stop at goal setting; we delve into streamlining your financial plans by consolidating retirement accounts and reviewing investment costs. Stay ahead of rising insurance expenses, and check to see if your coverage is both adequate and cost-effective.

As tax season looms, proactive planning becomes essential, and with future episodes featuring estate planning attorneys, you'll be equipped to handle this often-overlooked aspect.

And if you are financially thriving, maintaining well-being through clear goals and regular check-ins is crucial in the new year!

Listen and Learn:

• Intentional Goal-Setting: Using SMART goals to build a strong financial foundation.
• Streamlining Financial Plans: Consolidating retirement accounts and reviewing investment costs.
• Proactive Tax Planning: Organizing tax documents early to avoid last-minute stress.
• Importance of Estate Planning: Tackling this essential step with expert advice.
• Maintaining Financial Well-Being: Regular check-ins and clear goals for financial success.

The previous presentation by PEARL PLANNING was intended for general information purposes only. No portion of the presentation serves as the receipt of, or as a substitute for, personalized investment advice from PEARL PLANNING or any other investment professional of your choosing. Different types of investments involve varying degrees of risk, and it should not be assumed that future performance of any specific investment or investment strategy, or any non-investment related or planning services, discussion or content, will be profitable, be suitable for your portfolio or individual situation, or prove successful. Neither PEARL PLANNING’s investment adviser registration status, nor any amount of prior experience or success, should be construed that a certain level of results or satisfaction will be achieved if PEARL PLANNING is engaged, or continues to be engaged, to provide investment advisory services. PEARL PLANNING is neither a law firm nor accounting firm, and no portion of its services should be construed as legal or accounting advice. No portion of the video content should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if PEARL PLANNING is engaged, or continues to be engaged, to provide investment advisory services. A copy of PEARL PLANNING’s current written disclosure Brochure discussing our advisory services and fees is available upon request or at https:...