University Planning Partners

Why work with your parents’ advisor? Having the same financial advisor streamlines generational wealth planning as well as eases the transition period of your parents’ passing. Their advisor can be a helpful resource when navigating the disbursement of their estate, along with all of the other details that crop up. Consider reaching out now to build a relationship that will benefit you in the long run.

Being able to leave the workforce isn’t enough to make you happy on its own. Studies show the happiest retirees are those who use their money to spend time with loved ones and make memories, but being afraid to spend can get in the way of a fulfilling retirement. As you plan for retirement, make sure your budget and goals include meaningful experiences that will make your golden years truly shine.

Man’s best friend may be better at chewing slippers than crunching numbers, but we’re making a few exceptions today for Take Your Dog to Work Day. After all, what better way to end your work week than with your 4-legged bestie by your side?

Some things are easy to think of when drawing up your will, like Mom’s wedding ring or your vacation home. But what about digitally stored assets? Here’s the intangible property of value- monetarily and sentimentally- that you should include in your estate plan.

https://universityplanningpartners.com/insights/covering-digital-assets-in-your-estate-plan

Open the top of the convertible, prep for that backyard makeover, and fire up the grill: it’s the first day of summer! Give us a call to incorporate your next adventure into your financial plan– we’ll help you budget for poolside destinations and road trips so you can have the life you dream of. Cheers to lazy days with cold drinks and good memories!

Father’s Day is this Sunday! We’re getting the family together and the grill fired up, but most of all, we’re preparing a great big “thank you” to the dads, grandpas, and father figures who mean so much to us. Happy Father’s Day!

World Elder Care Abuse Awareness Day provides an important opportunity to learn how to care for loved ones in their golden years. Adequate financial planning is important, but so is finding care you can trust. Here are some considerations when looking for an assisted living facility:

-Location. Is it close enough for friends and family to visit? It’s important to make sure your loved one doesn’t feel isolated, and visits also allow you to assess the quality of their care.
-Size. Does the staff-to-resident ratio allow for adequate care? Does the facility have the resources for programs, amenities, or specialized care?
-Transitions to next-level care. Is the facility an Enhanced Assisted Living Facility (certified for residents to age in place) or part of a community that will make transitions easier as your loved one’s needs increase?

On June 14, 1777, Congress decided the stars and stripes were here to stay. Just like a good financial plan evolves along with your life changes, that original design has grown to fit the needs and identity of what it represents. From 13 stars to 50, she’s a beauty we’re proud to salute. Happy Flag Day!

With statistically longer lifespans and lower wages, women understandably feel less confident in their ability to retire. If you feel overwhelmed by the need to save more and earn more in order to hit your retirement goal, having the right financial planning tools can alleviate some of that stress. Reach out today; we’re here to help you plan your future with confidence.

With inflation and the current market, working past age 65 seems like a no-brainer for many. What may not be as straightforward is whether or not you’re missing out on healthcare benefits. Did you know you can enroll in Medicare before retirement? Your financial advisor can help you compare Medicare and Employer-provided plan options and choose the best fit.

A lock isn’t much good if you give everyone a spare key. You may have set up your digital accounts to maximize cybersecurity, but wise habits are crucial for keeping your financial information safe. Here are some practices to reinforce your data lock and keep your protection up-to-date:

-Do online banking at home instead of relying on public WiFi
-Contact financial institutions directly instead of responding to emails, phone calls, or text alerts
-Keep your operating software and antivirus software up-to-date

With more and more people working, shopping, and attending appointments virtually, life is increasingly digital, making your finances vulnerable to cyber attacks. Ready to lock in data security? Your first line of defense is setting up new accounts with protection at the forefront:

-Choose banks that use voice authentication
-Enable multifactor authentication for websites that house sensitive financial information
-Turn on “failed login” notifications
-Utilize different access levels for team members at work