Day: February 13, 2024

At Whelan Financial you’ve probably heard us say that we work with our clients’ other professionals. We do, as the need arises, collaborate with our client’s CPAs, estate planning attorneys, and the like, to execute immediate financial planning strategies on a year-over-year basis. Your Financial Needs As CFP professionals, it is our job to balance your short-term financial needs with your long-term financial goals. For instance, making sure your current spending habits are sustainable in retirement or foregoing tax deductions this year in favor of reduced taxes in the future. In order to advise you in this way, we construct complex financial plans that bring all of the component parts of your finances together in an analysis that extends not just from the current year, but through your life expectancy. Not only will it reveal how much you can expect to have remaining for loved ones or charities, it also informs us of issues that may occur down the road. For instance, years in which your income tax may spike, or when your heirs may be at risk for paying estate tax. The Service 360 Difference We realized that this data is not just important to the advice we give, but