Ideas by Mike™, Mike Miligan, CFP®: Collard Sandwiches to the One of a Kind Financial Plan

What is the One of a Kind Financial Plan and what is it's origin. Well, it is:
1. Tax Planning: Because we need to control the largest expense you will ever have in your life. This is ROTH Conversion Planning, Required Minimum Distribution Planning, Qualified Charitable Distributions and, where appropriate, delaying RMD's through QLAC tool.
2. Retirement Income Planning: Knowing you will have steady checks every month in retirement that increase with inflation will take the fear and anxiety of running out of money away.
3. Investment Planning: A clear investment plan that is easy to understand at the level of risk that helps you sleep at night is our goal. And, we make sure to control fees and have a clear communication plan along the way.
4. Long Term Care Planning: No one wants to be a burden to their family at the end of life or experience complete helplessness. We make sure the younger version of you plans for the care of the older version of you.
5. Legacy Planning: A well written Last Will and Testament and a Revocable Living Trust is not just paper, but your last Love Letter to your family. It shows you cared enough to make the transition of you out of the world as financially painless and less time consuming than those who don't plan. We also look at your legacy and see if we can put a floor on the generational wealth you can pass along.
This is a One of a Kind Financial Plan for your One of a Kind Life.