Naturally, this may be a challenging conversation for some advisers or clients, but, researchers argue, it does not have to be: “Considering divorce or the loss of a spouse is a smart addition to any long-term financial plan
. It’s no different than planning for things such as a major illness, disability or potential long-term care needs.”
"Considering divorce or the loss of a spouse is a smart addition to any long-term financial plan
. It's no different than planning for things like a major illness, disability or potential long-term care needs."
Instead, the gratuity should form part of a person's long-term financial plan
, with adequate personal provisions being set aside to fund their long-term future.
Shorter-term distractions like the current earnings season, bond yields in Greece and even presidential elections will not play a role in anyone's long-term financial plan
. However, succumbing to the short-term fear created by these noisy (as opposed to newsy) events can potentially derail a financial plan.
THE long-term financial plan
for the NHS is already "outdated" and the health service is facing a PS10 billion black hole by 2020, according to a new report.
City officials understood the severity of Fredericton's infrastructure deficit in 2009 and created a long-term financial plan
that provides the foundation for a sustainable future.
"When you combine these sentiments with our study also finding two-thirds of Americans don't have a long-term financial plan
in place, and 7 out of 10 don't have a financial advisor, the demand is certainly evident," said Steve Mannebach, Northwestern Mutual's vice president of field growth and development.
Ultimately, we want the city's long-term financial plan
to offer citizens excellence in government through forward-looking initiatives that are well managed and responsible, while ensuring financial sustainability.
But I agree the city does have to develop a long-term financial plan
to fund our OPEB and it has to be a plan that is sustainable.
As an advisor, offer to help your clients reduce risk and alleviate worries by working with them to develop a long-term financial plan
. To boomers, pitch the plan as a way to maintain control of their destiny (a defining generational attribute) in times of great uncertainty.
As announced in the report for the fourth quarter of 2009, Eitzen Maritime is currently developing a long-term financial plan
, which is due to be presented to the relevant stakeholders in the coming weeks.
In this specially created position, Yeary will spearhead the development of a long-term financial plan
that will give the campus a stable and reliable funding strategy.