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Navigating Financial Fires: A Guide to Protecting Your Financial Future

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Manage episode 406201420 series 2421926
Content provided by Brandon Neely and Amanda Neely, CFP®, Brandon Neely, and Amanda Neely. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Brandon Neely and Amanda Neely, CFP®, Brandon Neely, and Amanda Neely or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

This episode addresses the six common financial 'fires' or challenges that can potentially derail one's financial well-being.

These 6 fires are (1) liquidity needs, (2) long-term disability, (3) loss of life, (4) long-term care, (5) longevity, and (6) legal liability. Get your fire extinguishers ready BEFORE one of these fires hits you or your family!

Join your hosts and special guest Mark Willis, CFP®. This episode is full of real-life examples. We also quickly get hopeful with ideas and share a software we offer to our clients: Asset-Map. Asset-Map is a tool visualizing one's financial situation, assets, liabilities, and insurance policies to prepare for and mitigate these risks effectively. We also touch upon the psychological aspects of financial planning and the peace of mind that comes with being prepared.

By fostering an understanding of these challenges and encouraging proactive planning, the episode aims to empower listeners to achieve financial peace and security.

00:00 Opening Remarks: Navigating Financial Well-being

01:29 Personal Stories: The Impact of Financial Planning

06:14 The Six L's of Financial Security

06:33 Deep Dive into Liquidity Needs

07:51 Understanding Long-Term Disability

10:51 The Importance of Life Insurance

15:04 Addressing Long-Term Care Concerns

18:26 Facing the Reality of Longevity

21:33 Legal Liability and Legacy Planning

26:19 Empowering Fire Prevention Strategies

26:54 The Essence of Planning Over Plans

28:44 Introducing the Jetson Family: A Financial Planning Case Study

37:24 The Flinstone Family: Navigating Complex Financial Landscapes

48:18 Closing Thoughts and Invitation to Join the Financial Planning Revolution

Next steps! Get your Asset-Map by scheduling a call and putting Asset-Map in the notes.

Remember, it's not the plan or the tool that matters as much as the guide who comes alongside you to prevent financial fires!

  continue reading

100 episodes

Artwork
iconShare
 
Manage episode 406201420 series 2421926
Content provided by Brandon Neely and Amanda Neely, CFP®, Brandon Neely, and Amanda Neely. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Brandon Neely and Amanda Neely, CFP®, Brandon Neely, and Amanda Neely or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

This episode addresses the six common financial 'fires' or challenges that can potentially derail one's financial well-being.

These 6 fires are (1) liquidity needs, (2) long-term disability, (3) loss of life, (4) long-term care, (5) longevity, and (6) legal liability. Get your fire extinguishers ready BEFORE one of these fires hits you or your family!

Join your hosts and special guest Mark Willis, CFP®. This episode is full of real-life examples. We also quickly get hopeful with ideas and share a software we offer to our clients: Asset-Map. Asset-Map is a tool visualizing one's financial situation, assets, liabilities, and insurance policies to prepare for and mitigate these risks effectively. We also touch upon the psychological aspects of financial planning and the peace of mind that comes with being prepared.

By fostering an understanding of these challenges and encouraging proactive planning, the episode aims to empower listeners to achieve financial peace and security.

00:00 Opening Remarks: Navigating Financial Well-being

01:29 Personal Stories: The Impact of Financial Planning

06:14 The Six L's of Financial Security

06:33 Deep Dive into Liquidity Needs

07:51 Understanding Long-Term Disability

10:51 The Importance of Life Insurance

15:04 Addressing Long-Term Care Concerns

18:26 Facing the Reality of Longevity

21:33 Legal Liability and Legacy Planning

26:19 Empowering Fire Prevention Strategies

26:54 The Essence of Planning Over Plans

28:44 Introducing the Jetson Family: A Financial Planning Case Study

37:24 The Flinstone Family: Navigating Complex Financial Landscapes

48:18 Closing Thoughts and Invitation to Join the Financial Planning Revolution

Next steps! Get your Asset-Map by scheduling a call and putting Asset-Map in the notes.

Remember, it's not the plan or the tool that matters as much as the guide who comes alongside you to prevent financial fires!

  continue reading

100 episodes

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