Life Planning

Do You Cut and Paste Your Decisions About Money?

Many individuals make the assumption that money is about money. Well, it is and it isn’t. Money is a tool…but how it is earned, saved, invested, maximized, leveraged, taxed, lost, protected, spent, given, or inherited can be done in a million different ways. How can the word on the street be the right thing for you, your unique situation, your family dynamics, your past, your future, your goals, your feelings about risk?

Did You Miss This in Your Retirement Plan?

Have you considered your marital status during retirement – and its financial and social impact on you? According to the US Census Bureau, 42.4% of people over age 65 were single in 2015 and 1 in 4 of those was a widow or a widower. So whether you are already single or believe you will never be single - this is for you.

Long-Term Care Insurance

I urge you to consider long-term care planning as a chapter in your estate plan. Yes, long-term care insurance is lousy, but it may be the only option. Would be worth giving up ½ of 1% of the return on your estate to protect your estate? Just remember plan for it when you don’t need it, because when you do need it; it will be too late.

Too Much Information

There is no doubt that the instant availability of information has been life changing. However - if we aren’t careful - it could be our demise.

The Estate Tax Storm

There are tools still available to you which, if implemented, could possibly allow you to weather out the upcoming estate tax storms. It may be now or never to take action and set up a lasting low or even no tax legacy.

Did You Set A New Year's Resolution?

With the beginning of each new year, we set resolutions to set ourselves on a better, more productive path… but oftentimes after we set them, we become discouraged by them, forget about them and before you know it - it’s another New Year’s Eve and time for another set of resolutions. So what’s the point, right? Well, consider this single question and wrap your 2017 resolutions around your answer: “How do you want to be remembered when you are gone?” If you deeply consider this question, it has the ability to influence every facet of your life.

ViaScan

We at Kennedy Financial Services care not only about your financial health, but your physical health as well. We had the privilege of having Dr. John Duncan, owner of ViaScan, speak at one of our luncheons and we were amazed by all the information he presented. Please visit their website www.123bodyscan.com for more information.
 

Change is Certain

The old adage says that the only sure things in life are death and taxes…but there’s one other thing that’s pretty much a certainty. That certainty is change. Everything changes and successful people embrace change rather than fight it. In fact, the most successful people don’t wait for change to seek them out through accident or crisis – they are agents of change themselves.

Year End Tips

What should you get done before the end of the year? Here are the only 5 things you need on that list.

Why It Pays to Imagine the Worst

It is our job to help the individuals and families we work with imagine the worst. This is how we progress toward our mission to give our clients confidence in their financial future and life plan so that they may enjoy “Living Life on Purpose.”

How Do You Measure Your Wealth?

If this were your last day on earth, where would you want to be, who would you want to be with, and what would you be doing? What about Spiritually? Mentally? Physically? Do you measure your wealth by the value of your assets or by your life's imprint?

What is Life Planning and Why?

Most of the people we talk with believe that “retirement planning” deals exclusively with money and this is true… to a certain point. Experience has taught me that effective retirement planning is about much more than money: it is about all areas of Life.