Tag #Financial Planning

forbes.com
🌐 75% Global Worthiness
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Three Crucial Financial Questions for a Secure Retirement

This article highlights three key financial questions retirees should ask: creating a sustainable withdrawal strategy for savings, managing healthcare costs (often the largest expense), and maximizing income streams (like Social Security and pensions) to ensure a secure retirement.

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12% Bias Score

No Poverty
theglobeandmail.com
🌐 85% Global Worthiness
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Climate Change Drives Up Canadian Home Insurance Costs

Due to a 379 percent increase in average annual insurable damage from natural disasters in Canada over the past 10 years, home insurance premiums have risen by 76 percent, or $409 annually. Insurers are limiting coverage in high-risk areas, and financial planners advise clients to increase emergency...

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24% Bias Score

Climate Action
forbes.com
🌐 65% Global Worthiness
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Five Steps to Building a Million-Dollar Net Worth

Becoming a millionaire requires a strategic financial plan encompassing income maximization, strategic investing, debt elimination, and wealth protection, achievable through consistent effort and adaptation.

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44% Bias Score

Reduced Inequality
cnbc.com
🌐 75% Global Worthiness
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Financial Stability Tops Americans' 2025 Priorities: Expert Advice on Budgeting and Investment

A recent Allianz Life survey reveals that 38% of Americans prioritize financial stability for 2025; financial advisors recommend budgeting, maximizing retirement contributions, reviewing insurance and tax strategies, automating savings, and maintaining consistent investment strategies.

Progress

24% Bias Score

No Poverty
forbes.com
🌐 35% Global Worthiness
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End-of-Year Financial Planning Checklist for a Focused 2025

This article offers a six-step checklist for end-of-year financial planning, including reviewing 2024 spending, budgeting for January 2025, evaluating goals, auditing subscriptions, decluttering email, and decluttering one's home, aiming to promote financial clarity and a less cluttered environment ...

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36% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Five Top Index Funds for Diversified Portfolios in 2025

For 2025, five index funds—Vanguard S&P 500 ETF (VOO), iShares Core MSCI Emerging Markets ETF (IEMG), Vanguard Total Bond Market ETF (BND), Schwab US Small-Cap ETF (SCHA), and Vanguard Real Estate ETF (VNQ)—are recommended for diversified portfolios due to their low costs, strong tracking efficiency...

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52% Bias Score

Reduced Inequality
cnbc.com
🌐 65% Global Worthiness
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2025 401(k) Contribution Limits Increase: Benefits and Challenges

The 2025 401(k) contribution limit increases to $23,500, with a $7,500 catch-up for those 50+, plus a super max catch-up of $11,250 for those aged 60-63; however, employer plan approval is necessary. A CNBC poll found 40% of Americans are behind on retirement savings.

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40% Bias Score

Reduced Inequality
cbsnews.com
🌐 65% Global Worthiness
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Leveraging Home Equity for Retirement Planning: Strategies, Risks, and Mitigation

Homeowners can use home equity loans, HELOCs, cash-out refinancing, or reverse mortgages to create retirement income, invest, build a safety net, reduce housing costs, or consolidate debt; however, using home equity reduces future sales profits and carries foreclosure risks.

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48% Bias Score

No Poverty
bbc.com
🌐 65% Global Worthiness
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Five Key Strategies for Achieving New Year's Goals

A Swahili article published by BBC News Swahili on December 30, 2022, by Dinah Gahamanyi, outlines five key strategies for achieving New Year's goals: differentiating work and personal goals, creating detailed yearly plans, identifying tasks to avoid, scheduling personal time, and developing a side ...

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20% Bias Score

No Poverty
forbes.com
🌐 65% Global Worthiness
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2024 Alternative Investment Portfolio Review: Key Actions and Strategies

The end-of-year 2024 portfolio review should focus on analyzing performance, adjusting allocations (ideally 20% in alternatives, with individual investments at 1-10%), addressing transparency challenges by leveraging advisor insights, and managing risk considering lock-up periods and evolving goals.

Progress

44% Bias Score

Reduced Inequality
cnbc.com
🌐 75% Global Worthiness
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Financial Advisors Outline Top Priorities for 2025

Financial advisors recommend budgeting, mindful spending, investment policy statements, salary negotiation, updated estate plans, family financial discussions, prioritizing marital finances, and early deadline preparation for improved financial well-being in 2025.

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36% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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Retirees Share Diverse Post-Work Experiences: Planning for Fulfillment Beyond Finances

This article details the varied experiences of several retirees, illustrating the challenges and joys of post-work life, emphasizing the importance of thoughtful planning beyond financial considerations for a successful retirement transition.

Progress

40% Bias Score

No Poverty