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More than Finances: The Benefits of Holistic Advice from Financial Professionals

Submitted by Generational Wealth Group | Eric Nichols | Michael Zurek on August 27th, 2021

When thinking about our physical health, it’s common for people to take a holistic approach—that is, we think about ways we can practice being healthy overall, like eating a balanced diet and getting an adequate amount of exercise. Keeping our bodies healthy means improving our quality of life.

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  • Financial Planning
  • General
  • Retirement
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Money Management 101: Tips for Your Kids Entering the Workforce

Submitted by Generational Wealth Group | Eric Nichols | Michael Zurek on August 17th, 2021

When we’re young, we have so many lessons to learn—one of the most important being how to manage our money. If your kids are starting to enter the workforce, whether it’s a part-time job just for the summer or a full-time job after graduation, it’s essential they know how to practice healthy financial habits.

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  • Budgeting
  • Financial Planning
  • General
  • Retirement
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Living the Dream: How to Plan for Your Ideal Retirement

Submitted by Generational Wealth Group | Eric Nichols | Michael Zurek on June 2nd, 2021

What would you do with your time if you weren’t working 40 hours every week? Everyone has a different idea of what they want retirement to look like, whether it involves traveling the world or staying comfortable at home.

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  • Financial Planning
  • General
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Medicare in 2021: Here’s What You Need to Know

Submitted by Generational Wealth Group | Eric Nichols | Michael Zurek on May 10th, 2021

Many older Americans rely on Medicare for their health care needs. But it’s not always easy to figure out what’s covered and how much it will cost. Medicare benefits change from year to year, and 2021 is bringing an increase in premiums for participants. The good news is, there are other ways to save on Medicare costs.

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  • Financial Planning
  • Medicare
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Financial Management for Couples: When a Spender and a Saver Fall in Love

Submitted by Generational Wealth Group | Eric Nichols | Michael Zurek on April 29th, 2021

Money can be a point of contention for many couples. Between big expenses like taking vacations, buying a house, getting married or having children, relationships can be filled with tricky financial situations. Even trickier is if you and your partner have different views on financial matters—one of you is a spender and one is a saver.

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  • Financial Planning
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Selling Your Home After Retirement: The Benefits of Downsizing

Submitted by Generational Wealth Group | Eric Nichols | Michael Zurek on April 21st, 2021

If you’re nearing retirement age, you’re probably thinking about what life will look like once you’ve stopped working full time. There are many benefits to retiring—like more time to spend on your hobbies and with people you love—but there’s also the uncertainty of living on a fixed income.

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  • Financial Planning
  • General
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The Importance of Proper Planning for a Physically Ill Spouse or Loved One

Submitted by Generational Wealth Group | Eric Nichols | Michael Zurek on March 17th, 2021

Proper financial planning should always be a focus, but for those who are dealing with a physically ill spouse or loved one, it is crucial. There are several financial considerations that you will need to ponder, and naturally, these will not work with every situation, and chatting with a professional financial planner is one place to start.

Cash Flow

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Explaining the Benefits of a 401(k) to Young Adults Entering the Workforce

Submitted by Generational Wealth Group | Eric Nichols | Michael Zurek on March 9th, 2021

If you have a child graduating from high school or college and entering the workforce, they may have the opportunity to open up a 401(k) through their new employer. In some cases, that employer will also offer matching contribution funds up to a certain percentage.

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Should You Retire at the Same Time As Your Spouse?

Submitted by Generational Wealth Group | Eric Nichols | Michael Zurek on January 12th, 2021

If you and your spouse are making plans to retire, you’re probably wondering whether it’s a good idea to retire at the same time.

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  • Financial Planning
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The Value of Investing with a Financial Professional Instead of a Do-It-Yourself Approach

Submitted by Generational Wealth Group | Eric Nichols | Michael Zurek on October 28th, 2020

Paying fees for professional investment management is something we’d all like to avoid. Why pay for some guy in a suit to manage your investments when you can do-it-yourself with a simple online brokerage account? There are many reasons to trust a professional - read on to find out whether it’s worth it to go with the pros.

Active vs. Passive

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Securities and Advisory Services are offered through United Planners Financial Services, member FINRA/SIPC. Nichols Financial, Inc. and United Planners are independent companies. Generational Wealth Group and and United Planners are independent companies.

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