Category: Financial Planning Services

The dynamics of divorce extend beyond the separating couple, deeply affecting the lives of any children involved. At Global Advisers, we recognize the complexities surrounding child custody, parenting time, and child support. This guide seeks to elucidate these challenges and propose strategies to manage them before, during, and after a divorce, ensuring the well-being [...]

In the realm of personal finance and wealth management, estate planning is often viewed with apprehension, a task to be deferred for the future. However, at Global Advisers, we assert that estate planning is a crucial pillar of financial strategy, especially for individuals with significant assets, those anticipating an inheritance, or recipients of a [...]

In today's economic landscape, where the certainty of social security wanes and the apprehension over sufficient retirement savings escalates, effective financial planning has never been more crucial. At Global Advisers, we understand the complexities and concerns surrounding retirement planning. Our mission is to navigate you through these challenges with strategic advice and insights, ensuring [...]

The joy of expecting a new child brings with it a wave of responsibilities, among which financial planning stands paramount. At Global Advisers, we recognize the significance of preparing for such a life-changing event and the complexities it introduces to financial planning. This article explores the challenges parents might face when planning for a new [...]

In the complex and ever-evolving world of personal finance, the creation and adherence to a strategic financial plan is not merely a recommendation; it is a necessity. At Global Advisers, our ethos is anchored in the belief that financial planning is the cornerstone of achieving long-term financial security and realizing personal aspirations. This discourse delves [...]

As the cost of higher education continues to rise, many students and families are seeking alternative methods to finance college education without the burden of substantial debt. At Global Advisers, we advocate for informed decision-making when it comes to planning for college expenses. This guide explores the option of military service as a pathway [...]

Retirement marks a significant transition in life, accompanied by its set of financial challenges. At Global Advisers, we are dedicated to guiding our clients through the complexities of retirement planning, ensuring a smooth transition to a secure future. This article explores common problems associated with retiring and offers strategic advice for successful financial planning. [...]

Divorce can significantly impact one's financial stability and future financial planning. At Global Advisers, we emphasize the critical nature of effectively managing debts, keeping meticulous financial records, and continuously evaluating creditworthiness before, during, and after a divorce. This guide outlines the importance of these financial practices and provides strategic advice for navigating the financial complexities [...]

In the realm of retirement preparation, reliance on Social Security benefits alone presents a precarious foundation for financial security. At Global Advisers, our expertise lies in navigating the complexities of retirement planning, ensuring our clients achieve a secure and fulfilling retirement. This analysis explores the inherent problems of insufficient Social Security benefits and underscores [...]

In the intricate journey of wealth management, understanding the nuances of probate and the transformative power of strategic estate planning stands as a cornerstone of safeguarding one’s financial legacy. At Global Advisers, we navigate our clients through the complexities of estate planning, emphasizing its critical role in avoiding the pitfalls of probate. This guide [...]

The intersection of divorce and taxes presents a myriad of challenges, affecting individuals' financial situations before, during, and after the dissolution of a marriage. At Global Advisers, we are attuned to the complexities of financial planning amidst life transitions, including divorce. This guide aims to illuminate the tax-related problems encountered throughout the divorce process and [...]

While tuition fees are often the focal point of college expenses, several hidden costs can significantly impact a student's budget. At Global Advisers, we are committed to helping students and their families prepare for the full financial picture of college education. This guide aims to shed light on the less obvious expenses that accompany college [...]

The escalating costs of elderly care present a formidable challenge for many individuals as they approach retirement. At Global Advisers, our mission is to empower clients with the knowledge and strategies necessary to navigate their retirement years with confidence. This guide delves into the complexities of planning for elderly care costs and offers foundational strategies [...]

In the intricate landscape of financial planning and estate management, the significance of having a will cannot be overstated. At Global Advisers, we emphasize the necessity of a will as the foundation of any comprehensive estate plan. The absence of a will can lead to a myriad of legal and financial challenges, affecting not [...]

In the dynamic arena of global business, age and experience often intersect to forge powerful forces of innovation and leadership. At Global Advisers, we recognize and celebrate the significant contributions of women over 50 in the entrepreneurial landscape. Their success stories not only challenge ageist and gender stereotypes but also highlight the profound impact of [...]

As small business owners, navigating the complexities of tax obligations while striving for financial growth is a constant balancing act. At Global Advisers, we specialize in equipping entrepreneurs with the knowledge and strategies to manage their tax liabilities effectively, ensuring their businesses thrive. This article delves into common tax-related challenges faced by small business owners [...]

Marriage signifies not only a union of hearts but also a merging of financial lives. At Global Advisers, we understand that effective financial planning plays a pivotal role in building a strong foundation for marital harmony. This guide addresses common financial challenges faced by couples and offers strategic advice for achieving financial planning success, all [...]

Embarking on a divorce can be one of life's most challenging transitions, especially when it comes to disentangling finances. At Global Advisers, we advocate for comprehensive preparation to navigate this process smoothly. This pre-divorce checklist is designed to help you organize your financial life and secure your financial future at each stage of your divorce. [...]

As college tuition continues to rise, students are increasingly looking for effective ways to manage their finances and save money throughout their academic journey. At Global Advisers, we understand the financial pressures faced by students and are committed to providing actionable advice to help navigate the costs associated with higher education. This guide offers a [...]

Retiring early is a dream for many, offering the allure of enjoying leisure and personal pursuits unfettered by the demands of a full-time career. However, without careful planning, retiring too early can lead to financial strain, affecting the quality and security of one's retirement years. At Global Advisers, we emphasize the importance of comprehensive retirement [...]

The complexity of tax planning poses a significant challenge for many individuals, particularly when considering the implications for estate planning. At Global Advisers, we specialize in navigating these intricacies, ensuring that our clients' financial strategies are both tax-efficient and aligned with their long-term estate planning goals. This guide explores the critical intersection of tax planning [...]

Access to capital is a critical component for starting and growing a small business. At Global Advisers, we understand the challenges small business owners face in securing the necessary funding to fuel their ventures. This article explores the hurdles in obtaining capital and offers strategic advice on how small businesses can address these challenges, with [...]

Changing jobs is a significant life event that not only impacts your professional path but also your financial landscape. At Global Advisers, we recognize the complexities this transition can bring and the importance of strategic financial planning to navigate it successfully. This guide aims to explore the financial challenges and opportunities that come with changing [...]

In the dynamic world of small businesses, financial planning is not just a practice but a cornerstone of sustainability and growth. With limited resources and high competition, small businesses must strategically manage their finances to ensure steady cash flow and revenue growth. This 650-word article delves into the importance of financial planning for small businesses [...]

In 2023, the concept of early retirement continued to gain traction, especially among younger generations aspiring to achieve financial independence at an earlier age than traditional retirement benchmarks. However, transitioning to early retirement requires meticulous financial planning, disciplined saving, and strategic investing. From a financial planning perspective, early retirement hinges on several key factors: savings [...]

Divorce not only represents a significant emotional and personal upheaval but also introduces complex challenges in dividing property between spouses. At Global Advisers, we understand the intricacies of financial planning through life's transitions, including divorce. This guide delves into the problems associated with dividing property in a divorce, defines what constitutes property, and outlines solutions [...]

The pursuit of scholarships is a cornerstone of effective college tuition planning, offering a pathway to alleviate financial burdens associated with higher education. At Global Advisers, we recognize the transformative potential of scholarships and the importance of having a robust plan should scholarship applications not yield the desired results. This guide delves into strategies for [...]

Inflation's insidious nature can erode the real value of investment returns, presenting a significant challenge for individuals planning for retirement. At Global Advisers, we prioritize empowering our clients with strategies to mitigate inflation's effects on their retirement savings and navigate the often volatile stock market. This guide offers an exploration into managing inflation's impact on [...]

In the sophisticated landscape of estate planning, creating a trust is a strategic move to manage and protect your assets. However, the effectiveness of this tool hinges on a crucial step often overlooked: properly funding the trust. At Global Advisers, we understand the intricate dynamics of estate planning and the potential pitfalls of improperly funding [...]

Adequate cash flow is the lifeline of any small business, enabling day-to-day operations, fueling growth, and ensuring financial stability. At Global Advisers, we recognize the critical nature of cash flow management and offer insights into overcoming common obstacles, with an emphasis on the strategic use of fixed-income securities. The Critical Nature of Cash Flow for [...]

The onset of a major illness is not only a profound personal challenge but also a significant financial concern. At Global Advisers, we understand the dual impact of health crises and emphasize the importance of strategic financial planning to navigate these difficult times. This guide offers insights into the financial challenges posed by major illnesses [...]

Although there is still time before the 2023 deadline, many Americans should think about optimizing their financial strategies, so as to avoid overlooking a crucial opportunity of making last-minute Individual Retirement Account contributions. Making these contributions can not only bolster retirement savings but also provide significant tax advantages, making it a wise move for [...]

Tax-loss harvesting stands out as a savvy strategy for investors seeking to minimize their tax liabilities.

At Global Advisers, we understand the complexities and challenges of preparing for the rising costs of college education. Our comprehensive financial planning services are tailored to help families and individuals navigate this crucial phase with confidence and ease.

Divorce can significantly impact an individual's financial situation and retirement plans. At Global Advisers, we understand the complexities involved in disentangling finances during a divorce, especially concerning retirement savings and planning. This guide aims to address the challenges of adjusting retirement plans post-divorce and offers strategic advice for maintaining financial independence and security. The Impact [...]

The decision of which college to attend is pivotal, not just for educational and career trajectories, but also for managing the financial implications tied to college tuition. At Global Advisers, we emphasize the critical nature of this decision in the broader context of financial planning for higher education. This guide explores the strategic importance of [...]

The escalating costs of healthcare and the complexities of health insurance represent significant concerns for individuals approaching retirement. At Global Advisers, our commitment to client welfare extends beyond wealth accumulation to ensuring comprehensive financial preparedness, which includes navigating healthcare costs in retirement. This guidance delves into the strategies for managing medical expenses and making informed [...]

In the complex realm of estate planning, the designation of powers of attorney and the establishment of a revocable trust stand as critical components of a comprehensive plan. At Global Advisers, we underscore the importance of these elements in safeguarding financial health and ensuring personal wishes are honored. This guide examines the ramifications of failing [...]

Excessive debt can stifle a small business's ability to operate effectively and grow. At Global Advisers, we understand the critical balance between leveraging debt for expansion and managing debt to ensure financial health. This guide explores the pitfalls of accumulating too much debt and offers a strategic approach to managing and mitigating debt through careful [...]

Reaching major milestones in life, whether personal, professional, or financial, is a cause for celebration and reflection. At Global Advisers, we understand the significance of these moments and the financial planning they necessitate. This guide aims to navigate the financial aspects of achieving major milestones, providing strategic advice to ensure these achievements also mark the [...]

The escalating costs of higher education present a daunting challenge for families across the spectrum. At Global Advisers, we recognize the anxieties parents face when planning for their children's college education, especially when they've had a late start. This comprehensive guide aims to explore the pitfalls associated with delayed savings for college tuition and [...]

Unexpected expenses can arise in various forms, disrupting the carefully laid financial plans of small businesses. At Global Advisers, we emphasize the importance of preparedness and strategic planning in managing these unpredictable financial challenges. Incorporating investing as a part of your financial strategy through a brokerage account can offer a buffer to absorb these shocks. [...]

In the contemporary professional landscape, ageism emerges as a significant barrier, subtly undermining the vast potential and contributions of experienced women. At Global Advisers, we champion the cause of women over 40, recognizing their invaluable expertise, resilience, and leadership. This analysis aims to offer strategic advice to these seasoned professionals on overcoming ageism, thereby setting [...]

Investors should consider using their tax refund for IRA contributions. Many people make the mistake of spending their IRS refunds on non-essential items but doing so makes things more difficult down the road.

The new year saw new federal legislation (SECURE ACT 2.0) enacted to make it easier for retirement plan participants to save even more, and to make it easier for plan sponsors to offer plans.

This article focuses on retirement tax strategy optimization, and why it’s important to think about how your different sources of income, such as Social Security, retirement, and other assets, interact.

As 2022 draws to a close and preparations are made for the coming year, we have compiled a list of five strategies that can assist you in maximizing your savings, minimizing your tax burden.

Despite a very difficult economy, investors made a significant global philanthropic impact, donating billions of dollars to charitable causes worldwide. However, as we approach the end of the year, the globe is still fraught with difficulties.

This article reviews some of the ways in which you may optimize your charitable giving and get a head start on preparing your taxes for 2019 in light of the new tax legislation.

Embracing Retirement with Strategic Planning Whether you're on the cusp of retirement or savoring its rewards, a universal goal remains: optimizing your savings while sidestepping unnecessary tax penalties. Navigating the ever-evolving landscape of Required Minimum Distributions (RMDs) and their tax implications is a challenge, but Global Advisers stands ready to guide you through: Mastering [...]

Until 2023, if you’re under age 50, you can contribute up to $6,500 to one or more IRA accounts. If you are 50 or older, the limit is slightly higher ($7,500). *

Breaking into the investing world can be daunting. After all, it’s normal to hesitant when doing something new. But what to do when the market turns upside down?

Understanding the delicate balance between saving and spending can be quite the conundrum, especially for those who have shown commendable discipline in their saving habits over the years. It's an intriguing contradiction—those who excel at saving often grapple with the challenge of spending in their golden years. Our research at Global Advisers, aligned with numerous [...]

Navigating the path to retirement might seem less straightforward without access to a 401(k) plan through your employer, particularly if you're navigating self-employment. Yet, there's a silver lining with a range of flexible savings options available to ensure your golden years are well-funded. Universal Savings Options for Everyone Traditional or Roth IRAs Both Traditional [...]

Incorporating philanthropy into your long-term financial planning is not just a noble endeavor; it also presents an opportunity for tax optimization. By crafting and annually revisiting a structured giving plan, you can achieve your philanthropic objectives more effectively while maximizing tax benefits. Here are five strategies I consistently recommend to my clients for more [...]

Health Care Costs: A Critical Component of Retirement Planning At Global Advisers, we recognize the significance of incorporating expected healthcare expenses into your retirement strategy. Our collaboration with Mercer Health & Benefits has led to a model indicating that, on average, retirees may face healthcare costs exceeding $5,000 annually, even with Medicare coverage. While [...]

As tax season unfolds, the choice between a Roth IRA and a Traditional IRA remains a pivotal decision in retirement planning. Both IRAs offer unique benefits aimed at bolstering your retirement savings, albeit with distinct tax implications and contribution guidelines. Understanding these differences is essential for making an informed decision that aligns with your [...]

For many Americans, Social Security forms a cornerstone of their retirement income. According to the Social Security Administration (SSA), about a third of an average retiree's income stems from Social Security benefits. Despite the common urge to start receiving Social Security benefits as early as possible, a well-considered strategy can significantly enhance the amount [...]

Estate planning is crucial for ensuring your wishes are carried out and your legacy is protected. It involves creating legal documents to manage your assets upon death or incapacitation. While many consider a will to be the extent of estate planning, it can also encompass trusts, beneficiary designations for retirement accounts and life insurance [...]

We follow strict guidelines when preparing something as important as your financial plan.

Introduction to Roth IRAs A Roth IRA stands as a distinctive individual retirement account, fueled by post-tax income, presenting a pathway to tax-free growth and withdrawals in retirement. This form of IRA offers numerous advantages and considerations, including specific eligibility criteria. For those pondering the initiation of a Roth IRA, here are eight compelling [...]

While many parents neglect the first few years of their child’s financial life, early college savers enjoy a longer period of compounding growth.

Introduction As tax season draws near, it's an opportune moment to revisit some fundamental concepts such as capital gains, the differences between account types, and the strategy of tax loss harvesting. Whether you're a seasoned investor or new to the game, understanding these basics can help you navigate the tax season more effectively. At [...]

Introduction Approaching retirement heralds a time of change, particularly in how you manage your finances. Transitioning from saving to spending your hard-earned funds necessitates a strategic approach to ensure a comfortable and secure retirement. Here at Global Advisers, we're committed to guiding you through understanding the available income sources and strategies that can support [...]

Early Planning: A Head Start on College Savings While your toddler's third birthday might be more about balloons than bank accounts, starting a college fund can set the foundation for a bright academic future. Global Advisers emphasizes that beginning to save for college from an early age can lead to a significantly lower monthly [...]

The term "Social Security benefits" often evokes a spectrum of reactions, from curiosity about its future to concerns regarding its sustainability. At Global Advisers, we encounter many clients pondering the relevance of Social Security in their financial planning. Amidst alarming headlines, it's crucial to discern reality from speculation and understand the vital role Social [...]

In recent times, the conversation around shifting from a traditional IRA to a Roth IRA has become a prominent topic among my clients. Given the irreversible nature of this decision and its potential complexities, it's natural for investors to weigh their options carefully. Below, I'll address some of the most common inquiries I've encountered, [...]

Family and Relationships, Healthcare, High Net Worth Individuals At Global Advisers, our recent study shines a light on the criticality of early planning for cognitive decline—a topic many may not consider until it's urgently needed. Our findings highlight the widespread underestimation of cognitive decline's risks and the necessity for investors to preemptively address the [...]

Navigating tax season can be a complex endeavor, but with a strategic approach, you can potentially reduce your investment tax burden and keep more earnings for your personal goals. Here's a streamlined guide offering actionable strategies to enhance tax efficiency across various stages of investment. 1. Opt for Tax-Efficient Investment Vehicles When selecting investments, [...]

As you approach retirement, a seamless transition requires not just dreaming about leisure activities but also strategic planning to mitigate potential risks. Global Advisers can guide you through preparing for common challenges to ensure a secure retirement. Market Risk Nature of Risk: Fluctuations in investment returns, inflation, and market dynamics can impact your retirement [...]

My Passion for Financial Guidance At Global Advisers, my dedication to my work stems from the profound relationships I build with our clients. However, the pinnacle of my role as a financial advisor is the joy of informing clients that they have the option to retire earlier than they thought. While the typical retirement [...]