July 2017
For Financial Planning Success Consider the Impact of Behavioral Finance
Submitted by Gerstemeier Financial Group, LLC on July 21st, 2017The success or failure of a financial plan is driven by a variety of possible influences. Factors like the right rate of savings, good investment selection, and careful risk management are all important and commonly recognized as elements of a high quality plan. Going a step further and incorporating a well thought out estate plan can turn a good plan into a great plan.
Keeping it in the Family by Protecting Your Estate
Submitted by Gerstemeier Financial Group, LLC on July 14th, 2017An estate takes lifetimes to build but can be lost in the blink of an eye. Most of us don’t imagine assets that took decades to accumulate being drained in a few short years, but in some cases this is exactly what happens. Here are some of the top risks to an estate and some easy ways to manage those risks.
An Emergency Fund for Life Unexpected
Submitted by Gerstemeier Financial Group, LLC on July 13th, 2017One of the first lessons of finance we are taught, by our parents or through some basic personal finance course, is to make creating an emergency fund our top priority. Having a reserve of cash equivalent to six to 12 month’s worth of living expenses is considered the most fundamental principal of financial security.
Making the Long Term Care Decision That’s Right for You
Submitted by Gerstemeier Financial Group, LLC on July 12th, 2017For most of us the conversation isn’t whether or not we’ll need long term care, but rather when. According to the U. S.