Retirement Planning Dubuque IA

Like the pre-bandit me, many singles save little because they have only themselves to worry about when in fact, planning is even more crucial for singles because they must face every financial challenge independently. During my disaster recovery, I learned some money management tips (and other safety tips) that I think every single should consider.

Mr. Daniel M. Smith, CFP®
(563) 557-7600
PO Box 179
Dubuque, IA
Firm
Dupaco Credit Union

Data Provided by:
Mr. Brian D. Cose, CFP®
(563) 582-2855
3390 Asbury Rd
Dubuque, IA
Firm
Honkamp Krueger Financial
Areas of Specialization
Business Succession Planning, Estate Planning, General Financial Planning, Insurance Planning, Investment Management, Investment Planning, Long-Term Care
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: $100,001 - $250,000

Profession: Not Applicable

Data Provided by:
Mr. Richard Thomas Fury, CFP®
(563) 583-5086
1660 Embassy West Dr Ste 200
Dubuque, IA
Firm
Fury Financial Services Inc.

Data Provided by:
Mr. Ronald F. Helle, CFP®
(563) 556-0123
2345 John F Kennedy Rd
Dubuque, IA
Firm
Honkamp Krueger & Co

Data Provided by:
Mr. Michael J. Kircher, CFP®
(563) 556-3392
815 Century Dr
Dubuque, IA
Firm
Jim Kircher & Associates PC

Data Provided by:
Bryan J. Knudson, CFP®
(563) 557-7965
3100 Cedar Crest Rdg Ste 8
Dubuque, IA
Firm
Ameriprise Financial
Areas of Specialization
Asset Allocation, Charitable Giving, Comprehensive Financial Planning, Education Planning, Employee and Employer Plan Benefits, Estate Planning, Insurance Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $100,001 - $250,000



Data Provided by:
Mr. Brian Kallback, CFP®
(563) 587-4079
3553 Keystone Dr
Dubuque, IA
Firm
Dubuque Bank & Trust
Areas of Specialization
Accounting, Asset Allocation, Banking, Budget Development, Comprehensive Financial Planning, Debt Management, Education Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: $100,001 - $250,000



Data Provided by:
Mr. David J. Jansen, CFP®
(563) 556-7700
475 Cedar Cross Road
Dubuque, IA
Firm
NPC/EDSB

Data Provided by:
Mr. Michael G. Fleege, CFP®
(563) 690-0727
1605 Associates Drive
Dubuque, IA
Firm
Ameriprise Financial Services,

Data Provided by:
Mr. John R. Darrah, CFP®
(563) 582-2855
3390 Asbury Road
Dubuque, IA
Firm
Honkamp Krueger Financial Svc

Data Provided by:
Data Provided by:

Start Saving Strategies to Secure Your Finances

My first five years in New York, I led a good single life. Working as a technology and business consultant, I earned a nice salary which allowed me to enjoy nice dinners with friends, spend frivolously and not think twice about large purchases.

I was spoiled by a solid job market within a bullish industry and did not max out my 401k let alone contribute to it nor did I set up a savings account despite the consistent pleading of my parents.

Then a move uptown came when the movers politely drove away with every last item I owned, never to be seen again. It may be hard to comprehend but a robbery was one of the most valuable life lessons I ever received.

Like the pre-bandit me, many singles save little because they have only themselves to worry about when in fact, planning is even more crucial for singles because they must face every financial challenge independently. During my disaster recovery, I learned some money management tips (and other safety tips) that I think every single should consider:

1. Learn to live within your means:
Whether it is expensive purses or the latest must have electronic gadget, many singles tend to spend beyond their means. To live with a moderate mindset, learn to make conscious and realistic purchasing decisions. Keep track of spending in a journal and make smart adjustments on a regular basis. Your new found awareness will allow you to differentiate must-have purchases from those which are indulgences, keeping expenses at bay.

2. Set up an emergency fund: No one should ever have to deal with a robbery but face it, bad things happen all the time. Better to be on the safe side by stashing away some cash (at three to six months' income) in a high-yield savings account. Remember these monies are a safety net, so do not spend them on "shoegasms" no matter how good it might feel. The best way to avoid temptation? Leave those credit cards at home!

3. Be on top of bills: Timely payment is important but you must also be sure to review monthly statements from services and credit card providers. These days, you never know who has tapped into your accounts! So look out for cash discrepancies based on your monthly deposits and withdrawals as well as faulty expenses that may be charged to your account.

4. Keep Records Straight: Invest in a file folder and keep a copy of every receipt, warrantee, invoice or financial and medical statement you receive. This way you will be able to return items that have gone faulty, dispute fraud charges and be on top of deductions when it comes time to pay taxes. And though we don?t wish it upon anyone, be able to prove insurance claims should the time come.

5. Max Out on Your 401k: Start investing for retirement! Maximizing use of your employer's retirement plan or starting a simplified employee pension plan (SEP) if you're self-employed is important for singles as a way to save for their future while getting a valuable tax break in the bargain.

 

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