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For Individuals & Couples in Minneapolis-St. Paul

Financial planning and investing for individuals may be more complex than it could appear, we can help!

Retirement Planning for individuals and couples

Financial planning and investing for individuals may be more complex than it could appear. Individuals may have many of the same financial goals that couples have, however, there are some challenges that often present themselves to individuals. For example, individuals are often pushed into a higher tax brackets than married couples. Tax efficient planning and investing should be a priority. Individuals have lower contribution limits into tax qualified investment accounts than married couples. If one is divorced or widowed, new financial challenges arise which require specific planning and investing strategies.

However, individuals also have some specific opportunities that are available to them that are not available to married couples. For example, some individuals have special social security options that are not available for married couples. Potential lower expenses during retirement, including health care and long-term care expenses, may allow for more flexible goal planning and saving opportunities. Planning and investing strategies can be tailored to meet these opportunities and challenges.