The 6 Elements of Financial Planning

Financial planning can make your life easier and more organized. But it does take a little time and effort to put your plan together. There are six key elements of personal financial planning:

1. Develop a budget and a process for managing your debt.
2. Decide how much insurance you need for life, disability, long-term care and property-casualty.
3. Set specific goals and start saving for them.
4. Take advantage of employer retirement plans and IRAs to begin building your retirement nest egg.
5. Do some basic tax planning to minimize the effects of taxes on your income and investments.
6. Set up a will and estate documents.

When to Buy Long-term Care Insurance. Should Long Term Care be a part of your financial plan?

You may be in perfect health today, but some day, there’s a good chance you’ll need long-term care insurance. Designed to cover extended stays in hospital-type facilities, long-term care policies typically provide a certain amount of coverage for each day you spend in a nursing home or long-term care facility.

The Good, the Bad and the Ugly of Retirement Planning
Presented by Jerry Bernard

April 6, 2006 @ 2:00 PM
Mark Parrish and Jerry Bernard
Comfort Suites
7376 Woida Rd, Baxter, MN

April 6, 2006 @ 7:00 PM
Ken Smith and Jerry Bernard
St. Cloud Country Club
301 Montrose Rd, St. Cloud, MN

April 11, 2006 @ 7:00 PM
Wayzata Seminar Room
1905 E Wayzata Blvd, Wayzata, MN

April 12, 2006 @ 7:00 PM
Bryan Neel and Jerry Bernard
Somerby Golf Club
975 Somerby Parkway, Rochester, MN

April 13, 2006 @ 7:00 PM
Sheraton
7800 Normandale Blvd, Bloomington, MN 

April 18, 2006 @ 7:00 PM
Jimmy’s
1132 East Cty Rd E, Vadnais Heights, MN

April 19, 2006 @ 7:00 PM
Holiday Inn
14201 Nicollet Ave So, Burnsville, MN

April 20, 2006 @ 7:00 PM
MN Landscape Arboretum
3675 Arboretum Drive, Chaska, MN

April 25, 2006 @ 7:00 PM
Valley View Golf Club
23795 Laredo Ave, Belle Plaine, MN

April 27, 2006 @ 7:00 PM
Wayzata Seminar Room
1905 E. Wayzata Blvd, Wayzata, MN

W.A.I.T. Strategy™
Wealth Accumulation Income Trust
Presented by Dave Hess

April 11, 2006 @ 11:30 AM
Wayzata Seminar Room
1905 E Wayzata Blvd, Wayzata, MN

Your Roadmap to a Prosperous Retirement

Do you have a comprehensive financial plan that will help you survive the ups and downs of the economy?

On average, inflation jumps about 10 percent every three years. And consumer prices tend to double about every 20 years. To save enough to keep pace with inflation and provide a sufficient stream of income for a prosperous retirement, you may need an aggressive savings and investment plan.

A financial plan will help you discover how much you’ll need by your retirement years and how much you’ll need to save and invest each year to reach that goal. It’s your roadmap to a successful retirement.

As a financial advisor, one of the simple truths I have learned is that relationships are the single greatest influence on how people use their money and plan for the future. When people talk about their hopes and dreams, they talk about the people they love. Their future, the life they wish to live, is always full of the people most important to them. They don’t talk first about dollars and cents, Dow averages, or bond yields. They talk about a spouse, a parent, a child. When imagining their financial futures, even those without family often focus on others, such as employees, friends, faith communities, and charities.

Wealth Enhancement Group has helped thousands of Minnesotans plan for a comfortable retirement.  With a team of experts well-versed in financial planning, investment management, and maximizing tax strategies, Wealth Enhancement Group will help you achieve the life you imagined.  

CLICK HERE to get your copy of our 24-page retirement booklet, ”Planning for Retirement – Strategies for Your Life, Your Finances, and Your Future”. In this booklet, you’ll learn more about startegies and options for your future.