Nashoba Financial Planning, Harvard,MA
Life-Integrated Financial Planning...Helping You Fit the Pieces Together
You likely have several financial planning pieces in place—you pay taxes, invest at least a portion of your savings, have some insurance, and maybe you have done some estate planning and retirement planning, but chances are each of these pieces was developed independently and at different times in your life. Is it any surprise then that you’re unsure if you’re on the right track and making all the progress you could be?
To be effective, financial planning needs to be coordinated. Each piece of the financial plan needs to accomplish its own specific tasks as well as support the tasks of each other piece. We call this life-integrated financial planning, and we are experts in this area. We’ll look at your entire financial picture and help you fit the pieces together properly.
We'll ask you lots of questions, including:
What does your ideal life look like? Read more about Goal Setting
Do you know where your money goes each month? Read more about Cash Management
Are you confident that you and your assets are adequately and properly insured? Read more about Risk Management
Will you be able to retire with the lifestyle you want? Read more about Retirement Planning
Who is deciding what happens to everything you’ve accumulated when you die—you or the state? Read more about Estate Planning
Are you funding your child’s education at the expense of your future? Read more about Education Funding Objective Investment Advice...Helping You Make Better Investment Decisions
There are potentially hundreds of decisions you must make in order to build a solid portfolio, one that will benefit from market upswings and weather any downswings.
How do you decide whether to buy an individual stock, a mutual fund, treasuries, commodities, or just leave your money in your savings account?
What are the costs and tax implications of the investments you select?
Which types of investments should you hold in your retirement accounts instead of your brokerage accounts?
When is the right time to sell an investment?
How do you sort through the conflicting advice you read in magazines and on the Internet?
It’s enough to make your head spin. Some people handle it with an investment strategy of putting small amounts in many different investments to make sure they’ve covered all the bases. Others put the majority of their assets in one or two places rather than deal with yet another investment decision they’re not sure of. Does this sound familiar?
Given this complexity, many people want professional investment advice. But who is in the best position to offer you unbiased recommendations? Do you want someone advising you who is paid based on whether or not you purchase the investment he or she recommends?
Many people don’t understand what their investments are or what they should be doing. In a well-constructed portfolio, each investment should fulfill a specific function and should be appropriate for your unique situation. Your portfolio will work harder for you when it contains the investments and uses investment strategies that have been selected based on your needs. As fee-only financial advisors, we will provide you with the objective, unbiased investment recommendations you need to make the best investment decisions.
Skillful Tax Preparation and Planning...Helping You Minimize Your Tax Bill
You don’t have a choice about paying taxes, but you can avoid making the mistake of overpaying them. While it’s hard to imagine anyone intentionally paying too much in taxes, the IRS estimates that more than one billion dollars is overpaid in taxes each year. That’s no surprise when tax laws change every year—even in years when no major tax legislation is enacted.
How much of that money is yours? Wouldn’t you rather see those funds in your bank account or put aside for your retirement or other financial goals?
Do you want to reduce your tax burden? Do you want to increase your assets? We can help!
We specialize in personal income tax preparation and planning and will identify the tax-saving approaches that apply to your situation. We work with you throughout the year, not just when it’s time to prepare your return.
Do you want to find out how you can reduce your tax burden? You might be able to save on taxes by:
Restructuring your investment portfolio to produce a higher after-tax return;
Shifting income to dependents in a lower tax bracket;
Claiming appropriate home office deductions;
Maximizing qualified plan and IRA contributions;
Identifying all the deductions that apply to your small business.