PlanSimple Financial Partners

We invite you to check out all the material on our website. If something prompts a question, please send us an email or call the office.

[PlanSimple Financial Partners @jon_milliken]

A secure and happy #retirement requires careful planning and is a well-constructed process. Starting now will give you time to make the strategic changes and improvements that will bring your retirement #goals closer to reality. Read here for tips. https://t.co/ZXK7J4fX9e

[PlanSimple Financial Partners @jon_milliken]

In today's blog, we discuss three more investment concepts young investors may want to embrace:

👉 The importance of #diversification
👉 The dangers of market timing and #stock picking
👉 The benefits of #investing to a plan that fits your goals

https://t.co/H3DxuYCcu9

[PlanSimple Financial Partners @jon_milliken]

If you’re new to #investing, it can be tough to know where to get started. There��s so much information and advice out there, it’s hard to know which of it makes sense for you. Let's tackle three important concepts for young #investors to know about HERE. https://t.co/7HsfAIZ1Eu

[PlanSimple Financial Partners @jon_milliken]

Ever heard of the 80/20 rule? It suggests 80% of an outcome is often the result of just 20% of the effort you put into it. Properly applied, the 80/20 rule can help minimize the time and #energy you have to put into maximizing your financial well-being. https://t.co/XrrNKgi89Q

[PlanSimple Financial Partners @jon_milliken]

Following through on its warning, the SEC on March 18 announced that two investment advisers have settled charges with the commission for making “false and misleading statements” about their purported use of #artificialintelligence (AI). Read more here. https://t.co/e4U7ypFPfx

[PlanSimple Financial Partners @jon_milliken]

The parties in yet another 401(k) excessive fee suit have come to terms after two years of litigation. The suit in question involved the fiduciaries of the $5.2 billion L3Harris #Retirement Savings Plan. Read about the settlement here: https://t.co/0XoPygpzTQ

#401k #lawsuit

[PlanSimple Financial Partners @jon_milliken]

Since many of our most powerful #biases are based on reflexive rather than reflective thinking, it’s not enough just to be aware of them. We must also learn how to defend against them. Or better yet, turn them to our advantage.

Explore further here. https://t.co/Y04ZZksp59

[PlanSimple Financial Partners @jon_milliken]

In Part 2 of our series on bringing order to your investment universe, we looked at how to balance sensible tax management with effective investment planning. Today, we’ll wrap up with ways to ease your transition from chaotic to more orderly #investing. https://t.co/hxcatgDYDA

[PlanSimple Financial Partners @jon_milliken]

Simply put, net worth is the difference between what you own and what you owe. This figure provides a clear snapshot of your financial health and is an integral part of securing your financial future. Read here for six key steps to increase your #networth. https://t.co/pGdjYqJMp2

[PlanSimple Financial Partners @jon_milliken]

Whether due to disability, dementia, or enjoying an exotic vacation, there are many ways you can end up unavailable to make critical #financial or #healthcare choices. Here, we'll cover a trio of tools for protecting your interests while you are alive. https://t.co/kfnDJTbnmg

[PlanSimple Financial Partners @jon_milliken]

When you sell an #investment for more than you paid for it, there can be burdensome capital gain #taxes realized in the year of the sale. To manage this, it helps to identify which trades can be placed promptly, and which may be better managed over time. https://t.co/gszEbCagQ3

[PlanSimple Financial Partners @jon_milliken]

As with tackling any new goal, it helps to have the right #habits in place to help lead you across the finish line. Read here to learn some important #money habits to cultivate that are essential to building true #wealth throughout life. https://t.co/XpZ1c4imdl #FridayMotivation

[PlanSimple Financial Partners @jon_milliken]

What if you’ve been #investing a while, but you don’t yet have that “well-structured portfolio”? Fortunately, it’s never too late to bring order to your investment universe. Here, we explore some sensible #solutions to this perennial challenge. https://t.co/bxCiT9p8yK

[PlanSimple Financial Partners @jon_milliken]

Today’s older workers are generally healthier and more educated than those of previous generations. And, many are motivated to stay in the workplace longer to delay receiving Social Security payments until they reach full #retirement age. https://t.co/ODnlRDgtVB

#seniors #career

[PlanSimple Financial Partners @jon_milliken]

It’s natural to feel lost or overwhelmed as you begin to think about setting and balancing financial #goals. Start by answering this question: How do you define success? Read here for tips on how to set new money goals. https://t.co/jTFpBTLd19

#financialplanning #personalfinance

[PlanSimple Financial Partners @jon_milliken]

#Outsourcing allows companies to focus more on their core businesses, rather than spending time on areas outside their expertise. For retirement plan sponsors, outsourcing #fiduciaryservices makes sense for these reasons as well as others. Read more here. https://t.co/k8oKnZV861

[PlanSimple Financial Partners @jon_milliken]

When financial advice isn’t enough, we may recommend engaging a financial therapist to assist. In the right circumstances, they can be an invaluable addition to your wealth management team. Read on as we explore when and how a financial therapist can help. https://t.co/Rhd0DiRr0f

[PlanSimple Financial Partners @jon_milliken]

Since many of our most powerful biases are based on reflexive rather than reflective thinking, it’s not enough just to be aware of them. We must also learn how to defend against them. Or better yet, turn them to our advantage. Read here to learn more. https://t.co/AQ6J6A2ZrQ

[PlanSimple Financial Partners @jon_milliken]

Happy Memorial Day on behalf of PlanSimple Financial Partners.

[PlanSimple Financial Partners @jon_milliken]

Jetting off to different parts of the world may sound extravagant, but #travel does not need to be expensive and drain your #savings. You just need to be smart about how you spend your travel dollars, and these tips can help you do that. https://t.co/11Mb5v0zdo