Blog
June is for Planning: 3 Steps to Help Secure Your Business Exit Strategy
As the sun shines and summer stretches before us, June is a perfect time to turn your attention inwards and focus on planning for the future. For business owners, a critical aspect of that future is a well-defined exit strategy. Whether you’re dreaming of a relaxing retirement on the beach or a passionate pursuit in […]
Read MoreBuilding Your Nest Egg: How Real Estate Can Bolster Your Retirement Plan
As you approach retirement, solidifying your financial future becomes a top priority. While traditional investments like IRAs and 401(k)s are crucial, incorporating real estate into your strategy can be a powerful way to diversify your portfolio and potentially generate income streams well into your golden years. However, please note that there is no guarantee that […]
Read MoreAdapting Your Investment Strategy for Retirement: Income, Preservation, and Confidence
Congratulations! You’ve reached retirement – a time for relaxation, travel, and pursuing long-held dreams. But amidst the well-deserved celebration, it’s crucial to adjust your investment strategy to reflect your new financial reality. Here’s how to adapt your portfolio for retirement, focusing on income generation, capital preservation, and managing your risk tolerance. Paradigm Shift: From Growth […]
Read MoreCharitable Giving Strategies for Families: Leaving a Legacy of Generosity
Family. Philanthropy. These two concepts often go hand-in-hand. Many families share a desire to give back to their communities and make a positive impact on the world. But navigating the world of charitable giving can feel overwhelming. Here, we’ll explore different strategies for families to pursue their philanthropic goals, fostering a shared legacy of generosity. […]
Read MoreEstate Planning Essentials for Retirees: Ensuring Your Legacy
Retirement – a time for relaxation, travel, and pursuing passions. But amidst the well-deserved enjoyment, it’s crucial to consider your legacy and how you want your assets distributed after your passing. Estate planning ensures a smooth transition of your wealth and minimizes potential conflict amongst loved ones. Why Estate Planning Matters for Retirees: Clarity and […]
Read MoreBeyond the Business: Managing Personal Wealth Alongside Your Business
Running a business is all-consuming. You wear many hats, constantly making decisions for the health and growth of your company. But amidst the hustle, it’s crucial not to neglect your own financial well-being. Here’s why keeping your personal wealth separate from your business finances is essential, and how to achieve it effectively. The Importance of […]
Read MoreRetirement: Charting a Course for Financial Independence and Purpose
Retirement – a time for relaxation, travel, and pursuing passions. But before you trade in your briefcase for a beach chair, it’s crucial to have a solid financial and estate plan in place. Here at I.M. Financial, we understand that retirement isn’t a one-size-fits-all proposition. Each stage of life requires a unique approach, and we’re […]
Read MoreSelling Your Business? Better Position Your After-Tax Take-Home with Strategic Planning
So, you’ve built a thriving business – congratulations! Now, your sights are set on a well-deserved exit. But before you shake hands with the buyer, there’s one crucial step: Seeking to maximize your after-tax sales proceeds. That’s where a financial advisor with expertise in business sales comes in. Why You Need More Than Just a […]
Read MoreRe-evaluating Your Life Insurance: Getting the Right Coverage for Your Family’s Future
Life insurance is a cornerstone of a financial plan, but life circumstances change. What made sense a few years ago might not be ideal for your family today. If you’re wondering if your current cash-value life insurance policy is still the best fit, you’re not alone. This is a common concern, and one our firm […]
Read MoreBuilding Your Real Estate Empire: How a CFP Can Help You
So you’ve chosen the exciting path of real estate investment, opting for tangible assets over the fluctuations of the stock market. This is a smart move, but like any successful venture, strategic planning is crucial. This is where a Certified Financial Planner (CFP) can become your secret weapon. Why a CFP for Real Estate Investors? […]
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