⇒ Daily Living Expenses
⇒ Budgeting for Luxuries & Quality of Life
⇒ Planning your Social Security Benefits for Maximum Results (Social Security can add $1M to your retirement fund)
⇒ Factoring in Pensions Withdrawal Strategies
⇒ Factoring in both Expected & Unexpected Medical Expenses
⇒ Planning for the Unexpected and the Inevitable
One overlooked aspect of estate planning, other than avoiding taxes, is the fact that Insurance documents and other contracts may supersede the wishes you lay out in your will. Making sure all your beneficiary forms are in order, that you are transferring your assets in the most tax efficient manner, and that you have a continuity plan in place to ensure that your loved ones are taken care of while your estate is making its way through the courts, are all vital pieces of your plan. Give you and your loved ones the peace of mind that comes with knowing that you have a sound financial plan that takes care of them when the time comes.
