|
Trump's attacks on offshore wind could hurt infrastructure spending across the economy NPRTrump administration will pay a French company $1 billion in taxpayer funds to not build wind farms CNNUnited States: TotalEnergies Signs Agreements with U.S. Department of Interior to End its U.S. Offshore Wind Projects TotalEnergies.comTrump Administration to Pay $1 Billion to Energy Giant to Cancel Wind Farms The New York Times
|
|
Strike kills IRGC Navy chief Tangsiri in Strait of Hormuz The Jerusalem PostIran War Live Updates: Israel Targets Iranian Navy Commander in Airstrike, Israeli Officials Say The New York TimesLive Updates: Iran war death toll mounts as Trump's tactics leave energy markets in turmoil CBS NewsIsrael says it has killed Iran's navy chief overseeing Strait of Hormuz blockade BBC
|
|
Pentagon prepares for massive "final blow" of Iran war AxiosWhat comes next? Three attack scenarios as U.S. sends thousands more troops to Middle East CNBCUS expected to send thousands more soldiers to Middle East, sources say Reuters2,000 U.S. Troops From 82nd Airborne Division to Be Sent to Middle East The New York Times
|
|
Middle East crisis live: Trump insists Iran wants a deal despite initial rejection; China sees ‘glimmer of hope' for talks The GuardianIran says it is reviewing a US ceasefire plan but no talks; Trump says Tehran leaders want a deal ReutersLate Night Questions the ‘Very Big Present' Trump Got From Iran The New York TimesLive updates: Trump says Iran is eager to make deal after Tehran dismisses his ceasefire plan AP NewsTrump decla
|
|
Meta and Google just lost a landmark social media addiction case. A tech law expert explains the fallout The ConversationMeta and YouTube Found Negligent in Landmark Social Media Addiction Trial The New York TimesJury finds Meta and YouTube negligent in landmark lawsuit on social media safety NBC NewsJury finds Meta and Google negligent in social media harms trial NPR‘Wake-up call for parents
|
|
Jury finds Instagram and YouTube liable in a landmark social media addiction trial AP NewsMeta and YouTube Found Negligent in Landmark Social Media Addiction Trial The New York TimesBig Tech critics hail ‘Big Tobacco moment' in landmark social media verdict | CNN Business CNNJury orders Meta and Google to pay woman $6 million in social media addiction trial NPRJury finds Meta and YouTube liable in landmark youth addiction case PBS
|
|
Effective retirement planning reaches beyond investments and the numbers related to various accounts a person owns. First, it's about understanding the scope of one's future financial needs and goals. And from that framework, it's about putting all areas of the plan together so that they complement one another and function as an integrated whole.
SEE MORE Find Out in 5 Minutes If You Have Enough to Retire
Sometimes the financial world can seem segmented to clients, with professionals designated as experts in just one area of the plan — investments, insurance, taxes, estate planning, etc. But holistic financial planning includes and ties together every aspect pertinent to the retirement strategy. It analyzes and seeks to optimize each part of a person's plan by making those pieces work together congruently.
One way to think about holistic planning is that most people have several pieces that comprise their retirement puzzle, and they all need to fit together to form a complete picture. But I find when talking about holistic planning in seminars, it's eye-opening for people because they really haven't thought about it in that context. Here are the fundamental elements in most people's retirement situations:
Social SecurityTax planning
Medicare
Investments (401(k) plans, Roth IRAs, nonqualified accounts, etc.)
Income plan (mapping out a strategy for how to use your money)
Estate plan
All those pieces need to function together. You can't maximize your situation if you're looking at each of those aspects in a vacuum.
Putting the pieces together: Starting with Social Security
You have to view Social Security in the context of three of the bullet points mentioned above: investments, income plan and tax planning. You also have to figure out how
|
|
