Erica Pauly

This is a framework we use to focus clients who are in the accumulation phase (Age 35 -55) We have made it simple and action oriented Retirement Planning 👉🏼Maximizing Employer Retirement Benefits 👉🏼Creating a future tax plan to drawn income from 👉🏼Establishing after tax retirement income goals with age targets 👉🏼Recommend exact savings amounts aligned with goals set Survivorship / Estate 👉🏼Protecting the family's standard of living if one of you die 👉🏼Protecting the family's standard of living if one of you becomes disabled 👉🏼Properly structuring assets so they transition at death 👉🏼Having the necessary estate documents drafted to protect your family in the event of death or incapacity 👉🏼Having a general plan of what the surviving spouse would do with life insurance death benefit proceeds if the worst happened 👉🏼Having a plan in place to care for minor children if both parents die at the same time Investments 👉🏼Selecting the right investments to drive the returns needed based on the plan 👉🏼Managing those investments for you Tax 👉🏼Paying the least amount in income tax as possible 👉🏼Understanding how income taxes work and what drives your tax bills 👉🏼Selecting the proper investments for your tax situation

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As the evolution of retirement plan offerings within businesses changes, those looking forward to being cutting edge with their benefits offering should read this article. Financial Planning is such a powerful tool to utilize in your retirement plan by patterning with a financial advisor. I’ve found through meeting one on one with employees, that taking the time to understand an individual’s perspective can make a significant difference in the understanding and appreciation of the benefit. Setting employees up for financial success can also aid in retention and attraction of top talent. How are you getting employees involved in your retirement plan? - Brandon Budd, recently promoted to president of retirement services at intellicents investment solutions inc., emphasizes the importance of holistic financial planning for retirement, considering it a key focus area for the firm. - Budd advocates for addressing various financial aspects beyond retirement savings, such as tax management, budgeting, and healthcare costs, through initiatives like intellicents' 'intellisteps' financial health platform. - Intellicents emphasizes a collaborative approach between its retirement plan advisement and wealth divisions, offering comprehensive financial education and guidance from retirement plans to areas like Social Security, tax planning, and budgeting. https://lnkd.in/g43hPZqQ #erisa #hrbenefits #retirementplans #fiduciary #wealthmanagement 

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Any time we sit down with potential clients, we encourage if they speak with other Financial Professionals to ask two questions: 1) "What is the scope of the engagement?" 2) "How do you get compensated?" The term "Financial Advisor" or "Financial Planner" can be very loosely used by many professionals. Typically, there are 3 distinct capacities in which you can engage with a Financial Professional, and they can overlap. Transparency around how your professional operates and get's paid for their services can help you align expectations and find the right fit for your situation. #biotech #biotechnology #pharmaceuticals #pharma #lifesciences #medicaldevices

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This video on the power of Target Date Retirement Funds emphasizes their effectiveness in simplifying retirement planning and optimizing investment strategies. Join Matt as he highlights how these funds automatically adjust asset allocations over time, becoming more conservative as the target retirement date approaches. Learn about the benefits of hands-off management, diversification, and risk management, as well as how these funds cater to individual risk tolerances and retirement goals. #targetdatefunds #mutualfunds #retirementideas #retirementsavings

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This week's episode of Secure Money Mindset Kevin Ralph, CFP® ,Marty Minder, CFP, ChFC, CLU, and myself debunk some of the myths and misconceptions of long-term care planning. Secure Planning Group, LLC #LongTermCare #EstatePlanning #insuranceplanning #assetprotection

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October is National Financial Planning Month, the perfect time to reassess your financial goals! 🏡📊 Have you checked off everything on your financial to-do list? From retirement planning to debt management, let's make sure you're on track to reach your goals. Ready to plan ahead? Contact me to schedule a consultation. #FinancialPlanningMonth #PlanForTheFuture #WealthManagement

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Typically, within 5 years of your projected retirement or work-optional date, it's important to start taking key steps to ensure a smooth transition. This is a critical period to begin aligning your financial strategies with your future lifestyle goals.

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Working for NIPSCO you have several financial benefits. If you havent reviewed your benefits, here is the latest breakdown of your 2024 NIPSCO retirement benefits. Working with an advisor and firm that knows your retirement package is not just advantageous-it's crucial. Therefore it's essential to partner with an advisor who knows the intricacies of your plan inside and out, someone who can navigate the complexities of options both before and after retirement.

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Here are a lot of questions you should be asking [me] prior to engaging in a financial planning relationship. I have my own questions I ask of my prospects. I may not be ideal for everyone. Everyone may not be ideal for me. Have an open conversation to make sure it’s the right fit.

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Will stagflation impact your investment portfolio? Join my colleague Brandon Steele, CFP®, for our free virtual workshop on May 16th at 5pm to discover how to prepare for potential market volatility related to slow growth, inflation, and the hype around emerging technology such as AI! Register here: https://lnkd.in/g45DeYgg #financialplanning #investments #financialeducation

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