Monthly Archives: January 2023

FEATURE

Adding Long Term Care To Retirement Planning (Ep.22)

Financial Planning, Money Advisor, Retirement, Risk Management, Uncategorized, Wealth, , , , ,

When planning your retirement, long-term care needs will also play a role in future spending. Planning for it today could save you money in the future.

In this episode, Micheal Labos dives further into accepting mortality and preparing aging parents for long-term care needs. He shares the advice he gives to clients on balancing costs while preparing a legacy for beneficiaries and some solutions that couldn’t be considered 20 years ago.

Micheal discusses:

  • What to consider when planning for long-term care
  • Why spouses aren’t the best option for long-term care givers
  • The benefits and detriments of Medicare and Medicaid
  • How to prepare for the cost of long-term care
  • And more!

Resources:

Connect with Michael Labos:

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More

FEATURE

Building A Financial Plan For College Tuition with Ann Garcia (Ep.21)

Financial Planning, Money Advisor, Retirement, Risk Management, Uncategorized, Wealth,

With rising costs for future education, preparing for college tuition is a concern for many parents. How can they build an abundant and secure financial plan for their childrens education?

In this episode, Micheal Labos speaks with Ann Garcia, CFP and Owner of Independent Progressive Advisors, on the cost of college and creating a budget to include personal contributions, scholarships and government funded financial aid for your childs future education.

Ann discusses:

  • When should parents start thinking about college tuition costs
  • How the 529 works with contributions and withdrawls
  • Why a college budget is important whent planning for the cots of education
  • The appeal and negotiation process with colleges for more financial aid
  • And more!

Resources:

Connect with Michael Labos:

Connect with Ann Garcia:

About Our Guest:

Ann Garcia is a CFP® and owner of Independent Progressive Advisors, a fee-only Registered Investment Advisor in Portland OR, author of The College Financial Lady blog  (thecollegefinanciallady.com). Her blog has approximately 15,000 subscribers in various media (blog, Facebook). In addition, she is regularly cited in national media (New York Times, US News & World Report) on the subject of college planning. Ann earned a BA from the University of California, Berkeley, and am a member of Phi Beta Kappa and of NAPFA, the leading association of fee-only financial advisors.

Podcast: Play in new window | Download | Embed

Subscribe: RSS | More