Articles by Chad Olivier, CFP®
Staying in control of your assets
Staying In Control: Who Gets Your Assets – Family or Uncle Sam? Most people share a love for the USA and have probably paid a fair amount in taxes. Nevertheless, without careful planning, your heirs could end up in a tug of war with the federal government over your estate. You may be able to avoid the government seizing more than their fair share with proper estate planning.
The value of life: discovering your life insurance needs
Life is your most important asset. For all practicing physicians alike, income is based upon the services provided to patients. In the unfortunate event that something happens to you, it is necessary to know how this income loss will affect your family.
Running your investment portfolio like a fortune 500 company
The most important part of any portfolio is asset allocation. A deeper understanding of your investments and a decisive implementation philosophy are key when running a successful investment portfolio. What better way to increase your knowledge of financial planning than to look to the top: the Fortune 500 Company.
Income: how much do you really need in retirement?
You probably have a good idea of how much income you currently need to support your family’s lifestyle.
Financial Planning
Financial planning involves much more than just creating a stable budget. It addresses retirement, education funding, insurance, investments, taxes, and estate planning. It is never too early to prepare for the future of you and your loved ones. If a financial plan is going to succeed, it must be based on you and your individual goals, dreams, and needs.
Taking a Second Glance At Your Company Retirement Plan
Due to your hard work and dedication, your dental practice is thriving. You probably spend much of your work day making sure your patients are being properly treated. However, you should take a minute to ask yourself if you are maximizing all of your retirement choices and dollars. One option is a qualified retirement plan, which allows you to put away money before taxes.
The Volatility Factor - Can less volatility and lower returns equal more money?
Lower returns can equal more money. At first glance, this statement may appear contradictory and unfeasible, but do not allow yourself to be fooled. I can hear the questions in your head: “What is he talking about?” “How can that be possible?” Believe it or not, lower returns can possibly have a positive effect on your portfolio.
The Long-Term Care impact on your retirement
Many people see the importance of having catastrophic health care coverage or life insurance, but do not understand how the lack of long-term care coverage could devastate a family and their savings. Long-term care can be paid for in three different ways: Personal savings, the government (Medicaid) or Long-Term Care Insurance. Personal SavingsThe U. S.
