Developing Customized Financial Programs
Our coaching and planning process plays a starring role in helping you get the most out of your money. Careful planning can help set priorities and work steadily towards long-term goals while being able to enjoy today. It may also provide protection against the unexpected, by helping individuals prepare for things such as illness or loss of income.
Financial planning may mean different things to different people. For one person, it may mean planning investments to provide during retirement. For another, it may mean planning savings and investments to provide money for a dependent’s college education. It may even involve making career-related decisions or choosing the right insurance products.
Many people choose to use the services of financial planners to help them reach their goals. A financial planner is a professional who provides advice, coaching, and guidance for a wide spectrum of financial issues.
Retirement Strategies or Retirement Planning is a savings and investment plan that provides income during retirement. It is often created by companies or the government for employees. A defined benefit plan and a defined contribution plan are both types of retirement plans.
Long Term Care
The first part of the long term care planning process is having your legal paperwork in order. Once you have put your legal paperwork in order you should communicate your planning with those you are entrusting to be “YOU” when you are no longer capable of acting on your own behalf. You may think that putting legal documents in place is something you wait to do until you are older.
Nothing could be farther from the truth. The moment you turn 18 years old you are legally responsible for yourself and should have your wishes in writing to prevent issues like what happened in the Terry Schiavo case a few years ago. It will be important for you to create a systematized, organized place to store your records. This place should be easy-to-access in case of emergency and should be in a safe location.
The second part of the planning process is knowing what options are available to pay for long term care in both pre-crisis and crisis situations.
Neither Kestra IS nor Kestra AS provide tax or legal advise.
This website is published for residents of the United States only. Registered Representatives of Kestra IS and Investment Advisor Representatives of Kestra AS may only conduct business with residents of the states and jurisdictions in which they are properly registered. Therefore, a response to a request for information may be delayed. Not all products and services referenced on this site are available in every state and through every representative or advisor listed. For additional information, please contact our Compliance Department at 737-443-2582.