Info

Financial Symmetry: Balancing Today with Retirement

When considering retirement, do you wonder what financial opportunities you may be missing? Busy lives take over and years pass without taking advantage. In this retirement podcast, the Financial Symmetry advisors unveil financial opportunities, to help you balance enjoying today so you are ready to retire later. By day, they are fiduciary fee-only financial advisors who answer questions about tax savings, investment decisions, and how to save more. If you’ve been putting off your financial to-do list or are just not sure what you’ve been missing, subscribe to the show and learn more at www.financialsymmetry.com. Financial Symmetry is a Raleigh Financial Advisor. Proudly serving clients in the Triangle of North Carolina for over 20 years.
RSS Feed Subscribe in Apple Podcasts
Financial Symmetry: Balancing Today with Retirement
2024
May
April
March
February
January


2023
December
November
October
September
August
July
June
May
April
March
February
January


2022
December
November
October
September
August
July
June
May
April
March
February
January


2021
December
November
October
September
August
July
June
May
April
March
February
January


2020
December
November
October
September
August
July
June
May
April
March
February
January


2019
December
November
October
September
August
July
June
May
April
March
February
January


2018
December
November
October
September
August
July
June
May
April
March
February
January


2017
December
November
October
September
August
July
June
May
April
March
February
January


2016
December
November
October
September
August
July
June
May
April
March
February
January


2015
December


Categories

All Episodes
Archives
Categories
Now displaying: Category: Financial Planning
Jul 10, 2023

Today estate law attorney, Adam Tarsitano, joins us to discuss how you should think through some commonly misunderstood areas of your estate plan.

Listen in to learn why you may not look forward to the sunset in 2026, the difference in various trusts, and whether you should open a trust to avoid probate.

*****

🎥 See a video recap

📬 Tips each month to help you Enhance Your Today and Enrich Your Tomorrow. Download our Pre-Retirement Checklist Ebook today

🎯 Subscribe to not miss future episodes here

📰 See the full show notes here

 

 

May 1, 2023

Many of our clients ask for financial books and other resources they can share with their loved ones to improve their financial literacy. When young people are armed with financial knowledge they make smarter financial decisions that will ultimately pay off in the long run.

When young adults are just getting started, financial information is best shared in bite-sized pieces which makes a 30-minute podcast the ideal medium for potentially life-changing financial tips. 

If you know of someone who is about to graduate from college and embark on their journey into the adult world, this is the episode for them. They’ll learn how to make the best financial decisions they can with their new paychecks. Please make sure to share this episode with the young people in your life. 

*****

🎥 See a video recap & slides referenced here

📰 See the full show notes here

📬 Tips each month to help you Enhance Your Today and Enrich Your Tomorrow. Subscribe to the Financial Symmetry newsletter and receive 5 Questions you Should Ask A Financial Advisor.

🎯 Subscribe to not miss future episodes here

Other Resources Mentioned:

Apr 3, 2023

Have you ever spent hours trying to fix something that, with the right tools, a professional could fix in five minutes?

We’ve all been there. But it's often difficult to fully appreciate the time, effort, and in some circumstances the cost it could save you to enlist help earlier in the process.

In today’s episode, we’ll explore six steps that are available to augment your lifetime savings. Press play to discover if you are missing out on critical savings tools.

*****

📬 Tips each month to help you reach your Ideal Retirement. Subscribe to the Financial Symmetry newsletter and receive a free Mega-backdoor Roth guide.

📰 See the full show notes here

🎥 See a video recap here

🎯 Subscribe to not miss future episodes here

Jan 9, 2023

The beginning of a new year motivates many of us to make lists of things in our lives we may want to change. At the top of those lists typically are financially related items.

🎥 Watch a video of podcast recap here

So today, we’re going to share our list of items we’ve seen that can have lasting impact on your financial journey. We're going to share an actionable plan with 12 tips to double-check your financial vitals that could make a major difference for you and your family in the years to come. 

*****

📬 Tips each month to help you reach your Ideal Retirement. Subscribe to the Financial Symmetry newsletter and receive a free Mega-backdoor Roth guide.

📰 See the full show notes here

🎯 Subscribe to not miss future episodes here

Jun 15, 2020

Special needs financial planning is an intricate and delicate process.

Youtube Recap Here: https://tinyurl.com/y7wchxee

A process loaded with challenging emotional and financial decisions. So below we provide 4 steps to think through if planning for your special needs loved one’s future.

More than 40 million individuals or about 10% of total American population are living with a disability according to the US Census. This takes a careful planning approach to assure needs are met.

More Detail Here: https://bit.ly/2BbvxLv

Summary

  • Approach – Highlighting the importance of constructing an experienced team to help guide families through the special needs planning process
  • Benefits Available – What governmental benefits and programs are available to my special needs loved one now and as they age?
  • Consider Your Estate Plan – What steps should be taken to align your estate plan to provide ample financial support to your special needs loved one while making sure their benefits are not negatively affected.
  • Develop Your Savings Strategy – What accounts are available for special needs individuals and which are the best fit for your situation
Mar 1, 2016

Do you have a mapped-out plan for your future?  Do you know the best steps to take to achieve your goals?  In a world in which 75% of America is winging it when it comes to their financial future, a holistic financial plan will set you ahead of the crowd.  Having a dynamic and workable financial plan helps you look at all aspects of your finances and project what things will look like on your current trajectory and if you make improvements.

With the help of a fee-only, fiduciary Certified Financial Planner™, you can have a 3rd party evaluate where you stand financially and help you set up realistic next steps to get you the direction you want to go to achieve the things you want to in life.

Examples of next steps you might receive include making sure you stay at a healthy spending level, saving the necessary amounts in the right types of accounts to prepare for retirement or future college tuition, getting estate documents updated to make sure you’re in control of your assets and body no matter the circumstance, and making adjustments to save on taxes.

A CFP Board 2012 survey found that over half of people with a holistic financial plan feel “very confident” about their financial picture vs. those who’ve never had financial planning completed.  And a 2016 study showed that simple online financial calculators are often wrong when predicting retirement readiness.

When Should You Have a Financial Plan Made?

If you have no plan in place, the best time for you to have one made is now.  It’s rare to accomplish a goal (and even more rare to accomplish multiple goals) without a plan of attack to get you there.

A financial plan is beneficial at any point in life, although the benefits can at times be more evident when preparing for major life events or going through life transitions.

Major life events that prompt one to seek a financial plan include the following:

Even if major life changes are not around the corner, financial planning will help you see if you are on the right path.  It’s like going to see the doctor.  You realize the need to visit a doctor when changes in your health occur.  But just as you should go see a doctor for regular health checkups because there could be something wrong you’re unaware of, financial checkups are also very important.

No matter where life has you, a financial plan can make sure you are reaching your peak financial fitness.

What Should You Do Once Your Financial Plan Has Been Created?

Once your financial plan has been made, monitor it.  This is the most important step!  We find that many clients who only have a financial plan created but do not move forward with an ongoing relationship with us typically do not implement all of the recommended changes, mostly because life is busy and the plan gets forgotten.

Having the regular accountability of a financial advisor is the best way to make sure you stay on track.

There’s no better time to start than now.

1