May
10

Common Sense Saving

By Jean Borno, Private Wealth CFOs · Comments Comments Off

Common-$ense $aving

By Jean Jacques Borno

Printed in the ABA Journal

The old-fashioned common sense of our grandparents still stands as a reliable guide to money. Whether you are digging out of holiday debt or managing substantial assets, the principles are similar and are worth repeating.
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With the end of work in sight, a Virginia lawyer brings his retirement up to speed

Printed in the ABA Journal

Kenneth Labowitz gives it about 10 more years. By that time, he’ll be 68, and he an­ticipates having paid for his three chil­dren’s educations as well as coming into some money through inheritances from his parents and in-laws.
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May
10

Retirement Planning

By Jean Borno, Private Wealth CFOs · Comments Comments Off

Have you ever wondered whether you will be able to retire?

Do you know how long your retirement savings will last?

With the average life span increasing, many of us will have 30 years of retirement or more.

• Are you prepared for retirement?
• Will your savings and retirement income be enough?
• What forms of income will you have?
• Do you know what your income needs will be at retirement?
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This question requires careful consideration. First, ask yourself:
“If I died tomorrow, how much money would my family need?”

Insurance reduces risk and provides security for yourself and your family’s future. To know how much insurance you need, you’ll need to consider your lifestyle and what the possible risks that could affect it. When calculating how much life insurance you need, consider the following:
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Categories : Estate Planning
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A Financial Planner can help you:

  • assess your current financial situation.
  • create a realistic plan to meet your financial goals.
  • understand how to meet your financial and retirement goals.
  • put your financial plan into action and monitor your progress.
  • update your financial plan to grow with your changing needs and goals.

If you have any of these questions or concerns, you will benefit from a consultation with a Financial Planner:
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Categories : Financial Planning
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