Jenny Logan, CFP®

Retirement planning can be DAUNTING! How do you know if you have enough money saved? What if there is something you're missing? What happens if you plan wrong? The first stop to retirement planning is to STOP worrying and START creating a plan. In this video I'm going to share the 3 things every good retirement plan has to help you get started in your retirement journey! Remember, Financial Freedom is found through Discipline 👏 💸 Access Financial Freedom Resources: https://bit.ly/chisholmsubscribe 🚀 Join My FREE Retirement Planning Basics Course: https://bit.ly/chisholmretirementbasics 🗓️ Schedule a FREE Initial Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : https://www.youtube.com/@chisholmfinancial ✅ My Instagram : https://bit.ly/JennysInsta ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack Timestamps: 0:11 - Budget and expense management systems 2:10 - 1. Savings and investment strategy 3:58 - 2. Quick note about risk tolerance 4:21 - 3. Risk management and contingency planning 6:50 - How to get started with retirement planning #retirementplanning #retirementplan #retireearly Chisholm Financial Planning & Investments is owned by Jenny Logan and is a registered investment advisory firm regulated by the Securities & Exchange Commission in accordance and compliance with US securities laws and regulations. Chisholm Financial Planning & Investments does not render, or offer to render, personalized investment or tax advice through any videos or other content on any social media platform to include YouTube. The information provided in these videos is provided without compensation and for informational and educational purposes only and does not constitute financial, tax, investment, or legal advice. Copyright © 2023 Chisholm Financial Planning & Investments

Dave Ramsey has been trending online for suggesting an 8% retirement withdrawal rate in retirement. Is he right? What is the best withdrawal rate for retirement? Stay tuned for the answer! In this video, I cover retirement rate of withdrawals in depth and provide 5 factors that will influence your decision making. I also analyze the most common rules of thumb along with Dave Ramsey's recent suggestion and explain when you might be inclined to take a higher withdrawal and when you would want to follow a more conservative approach. Remember, Financial Freedom is found through Discipline 👏 💸 Access Financial Freedom Resources: https://bit.ly/chisholmsubscribe 🚀 Join My FREE Retirement Planning Basics Course: https://bit.ly/chisholmretirementbasics 🗓️ Schedule a FREE Initial Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : https://www.youtube.com/@chisholmfinancial ✅ My Instagram : https://bit.ly/JennysInsta ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack Timestamps: 00:22 - What does the term rate of withdrawal mean 01:39 - The 4% withdrawal rule 02:33 - The 5% withdrawal rule 03:38 - Dave Ramsey's 8% withdrawal rule 04:24 - The 5 factors that will affect your withdrawal rate planning 05:04 - Life expectancy 06:13 - Expected investment returns 07:38 - Dave Ramsey's 12% expected returns rate 08:35 - Inflation 09:41 - Other sources of income 10:21 - Planning for the unexpected 11:30 - What is the best rate of withdrawal? #retirementplanning Chisholm Financial Planning & Investments is owned by Jenny Logan and is a registered investment advisory firm regulated by the Securities & Exchange Commission in accordance and compliance with US securities laws and regulations. Chisholm Financial Planning & Investments does not render, or offer to render, personalized investment or tax advice through any videos or other content on any social media platform to include YouTube. The information provided in these videos is provided without compensation and for informational and educational purposes only and does not constitute financial, tax, investment, or legal advice. Copyright © 2023 Chisholm Financial Planning & Investments

There are many options when it comes to long term care, including long term care insurance, life insurance with a long term care policy, funding through home equity or a reverse mortgage, or even self insuring through personal savings. In this live, I go through your options and help you make a decision that's right for you based on costs, expected healthcare needs, and financial resources. Long Term Care Planning Guide: https://chisholmfinancialplanning.sub... Remember, Financial Freedom is found through Discipline 👏 💸 Access Financial Freedom Resources: https://bit.ly/chisholmsubscribe 🚀 Join My FREE Retirement Planning Basics Course: https://bit.ly/chisholmretirementbasics 🗓️ Schedule a FREE Initial Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : / @chisholmfinancial ✅ My Instagram : https://bit.ly/JennysInsta ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack Timestamps: 02:18 - Long term care facts you should know 03:42 - Free long term care planning guide 05:19 - Stand alone long term care insurance 08:19 - Life insurance with a long term care rider 09:59 - Annuities providing long term care benefits 11:06 - Using your home equity or reverse mortgage 13:11 - Self insurance through assets 14:30 - Questions that affect long term care planning #retirementplanning #longtermcare #longtermcareinsurance Chisholm Financial Planning & Investments is owned by Jenny Logan and is a registered investment advisory firm regulated by the Securities & Exchange Commission in accordance and compliance with US securities laws and regulations. Chisholm Financial Planning & Investments does not render, or offer to render, personalized investment or tax advice through any videos or other content on any social media platform to include YouTube. The information provided in these videos is provided without compensation and for informational and educational purposes only and does not constitute financial, tax, investment, or legal advice. Copyright © 2023 Chisholm Financial Planning & Investments

When, if ever, should you borrow against your 401k? Is a 401k loan a great way to plan or a horrible idea? 401(k) loans offer participants the ability to borrow against their investment and pay back that loan over time. BUT, investors should be wary about borrowing against themselves and their future. In this live, I will discuss the process of borrowing against a 401k, how it may affect your long-term plans, and when, if ever, this strategy is a good idea. Remember, Financial Freedom is found through Discipline 👏

The reality is, it's highly likely that taxes will be going up in the future. Holding money in a Roth account helps you hedge against these inevitable tax increases and grow your retirement money tax-free! In this video, I cover 5 ways you can build Roth money for retirement. They are: #1 Opening a simple Roth IRA at an institution you trust #2 Use the backdoor Roth IRA method #3 Contribute to a Roth 401k or 403b employer sponsored plan #4 Implement a Roth conversion strategy. #5 Invest your Roth money in the market! What method you choose will be dependent on your income and personal situation. Whatever you do, building tax-free Roth money will be highly beneficial for your retirement and should not be left out of anyones retirement plan! Remember, Financial Freedom is found through Discipline 👏 💸 Access Financial Freedom Resources: https://bit.ly/chisholmsubscribe 🚀 Join My FREE Retirement Planning Basics Course: https://bit.ly/chisholmretirementbasics 🗓️ Schedule a FREE Initial Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : / @chisholmfinancial ✅ My Instagram : https://bit.ly/JennysInsta ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack Timestamps: 00:12 - What is Roth money? 01:27 - What are the benefits to having Roth money? 02:51 - #1 Open a Roth IRA 03:58 - #2 The backdoor Roth IRA 05:18 - #3 Contribute to a Roth 401k or 403b 07:08 - #4 Use a Roth conversion 09:16 - #5 Invest your Roth money! 10:18 - Final summary #rothira #rothconversion #retirementplanning Chisholm Financial Planning & Investments is owned by Jenny Logan and is a registered investment advisory firm regulated by the Securities & Exchange Commission in accordance and compliance with US securities laws and regulations. Chisholm Financial Planning & Investments does not render, or offer to render, personalized investment or tax advice through any videos or other content on any social media platform to include YouTube. The information provided in these videos is provided without compensation and for informational and educational purposes only and does not constitute financial, tax, investment, or legal advice. Copyright © 2023 Chisholm Financial Planning & Investments

If you want to learn about the pros and cons of paying off your home mortgage early, this is the video for you! Some, like Dave Ramsey, suggest paying off all debt on your home as soon as possible. Others recommend never paying off your home and instead leveraging the debt for your investments. I take a balanced approach between both of these extremes and provide three questions that will help you analyze your situation and decide what works best for you. Additionally, I explain why I recommend NOT paying off your home in full until your retirement is fully funded! Remember, Financial Freedom is found through Discipline 👏 💸 Access Financial Freedom Resources: https://bit.ly/chisholmsubscribe 🚀 Join My FREE Retirement Planning Basics Course: https://bit.ly/chisholmretirementbasics 🗓️ Schedule a FREE Initial Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : https://www.youtube.com/@chisholmfinancial ✅ My Instagram : https://bit.ly/JennysInsta ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack Timestamps: 00:00 - Mortgage repayment: two schools of thought 01:10 - The problem with mortgage repayment extremes 02:13 - Three things you need to ask before paying off your mortgage 02:30 - 1.Have you eliminated all other outstanding debt? 03:03 - 2. Have you funded an emergency fund? 03:45 - 3. Have you adequately funded your retirement? 04:25 - Two questions to help you allocate your extra cashflow 05:37 - So, should you pay off your mortgage early? #mortgage #retirementplanning #debt Chisholm Financial Planning & Investments is owned by Jenny Logan and is a registered investment advisory firm regulated by the Securities & Exchange Commission in accordance and compliance with US securities laws and regulations. Chisholm Financial Planning & Investments does not render, or offer to render, personalized investment or tax advice through any videos or other content on any social media platform to include YouTube. The information provided in these videos is provided without compensation and for informational and educational purposes only and does not constitute financial, tax, investment, or legal advice. Copyright © 2023 Chisholm Financial Planning & Investments

With interest rates at historical highs, investors often ask, should I keep my funds in my high yield savings, lock them up in a bank CD for a year or more, or invest in a Treasury Bond? Another option, money market funds, are often overlooked by investors and may be worth exploring too. In this live, I will explain what locking up your money in a CD or treasury bond may mean. I will answer the questions: What if you need the funds early? What are the potential penalties? How much should you lock up and at what maturity? We will talk about where you can invest your cash for the short and long term and earn a competitive interest rate. Remember, Financial Freedom is found through Discipline 👏 🚀 Join My FREE Retirement Planning Basics Course: https://bit.ly/chisholmretirementcourse 🗓️ Schedule a FREE Initial Consultation: https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : / @chisholmfinancial ✅ My Instagram : https://bit.ly/JennysInsta ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack #moneymarket #cds #savings Chisholm Financial Planning & Investments is owned by Jenny Logan and is a registered investment advisory firm regulated by the Securities & Exchange Commission in accordance and compliance with US securities laws and regulations. Chisholm Financial Planning & Investments does not render, or offer to render, personalized investment or tax advice through any videos or other content on any social media platform to include YouTube. The information provided in these videos is provided without compensation and for informational and educational purposes only and does not constitute financial, tax, investment, or legal advice. Copyright 2024 Chisholm Financial Planning & Investments

If you've found this video, you've probably heard of or are in the FIRE movement. If not, don't worry! I explain what it is, what's good about it, and why I don't think FIRE is ultimately a recipe for success FIRE stands for Financial Independence Retire Early. The FIRE movement encourages adherents to save 50-75% of their income to retire by their late 30s. There are good principles within the movement, but ultimately, I don't believe the demands of FIRE are a recipe for success in life and don't recommend it to my clients. Remember, Financial Freedom is found through Discipline 👏 💸 Access Financial Freedom Resources: https://bit.ly/chisholmsubscribe 🚀 Join My FREE Retirement Planning Basics Course: https://bit.ly/chisholmretirementbasics 🗓️ Schedule a FREE Initial Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : / @chisholmfinancial ✅ My Instagram : https://bit.ly/JennysInsta ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack Timestamps: 00:00 - What is the FIRE movement? 01:39 - The good things about the FIRE movement 04:25 - Why I don't love the FIRE movement 08:03 - A balanced alternative to FIRE 10:07 - Key takeaways #firemovement #retireearly #retirementplanning Chisholm Financial Planning & Investments is owned by Jenny Logan and is a registered investment advisory firm regulated by the Securities & Exchange Commission in accordance and compliance with US securities laws and regulations. Chisholm Financial Planning & Investments does not render, or offer to render, personalized investment or tax advice through any videos or other content on any social media platform to include YouTube. The information provided in these videos is provided without compensation and for informational and educational purposes only and does not constitute financial, tax, investment, or legal advice. Copyright © 2023 Chisholm Financial Planning & Investments

Talking about permanent life insurance at a dinner party is almost as forbidden as politics and religion. There are staunch supports and those who absolutely hate it. In this live, I will talk about what you need to know about Whole Life Insurance in general. Then I will show you the comparisons of "buying term and investing the difference" in real numbers so you can decide of Whole Life insurance should be part of your financial plan.

Robert Kiyosaki is an investment influencer best known for writing the personal finance book Rich Dad Poor Dad, which advocates for financial education, investing in assets, and creating passive income as keys to achieving financial success. There is no doubt that Robert Kiyosaki's teachings and financial philosophy have helped thousands of people. But more recently his financial outlook has taken a doomsday spin. Viral clips are now seen spreading information that, in many ways, are a complete contrast to the advice he originally popularized. Should we take this new Robert Kiosaki seriously? In this video, I dive into my thoughts and where I agree with him, and where I would warn the average investor to take with a grain of salt. Remember, Financial Freedom is found through Discipline 👏 💸 Access Financial Freedom Resources: https://bit.ly/chisholmsubscribe 🚀 Join My FREE Retirement Planning Basics Course: https://bit.ly/chisholmretirementbasics 🗓️ Schedule a FREE Initial Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : / @chisholmfinancial ✅ My Instagram : https://bit.ly/JennysInsta ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack Timestamps: 0:16 - Who is Robert Kiyosaki? 1:04 - Rich Dad Poor Dad summary 3:04 - Should we take Robert Kiyosaki seriously? 4:10 - What happens if Robert Kiyosaki's WORST predictions come true? 6:09 - Valid market fears that drive Robert Kiyosaki's popularity #robertkiyosaki #personalfinance #richdadpoordadsummary Chisholm Financial Planning & Investments is owned by Jenny Logan and is a registered investment advisory firm regulated by the Securities & Exchange Commission in accordance and compliance with US securities laws and regulations. Chisholm Financial Planning & Investments does not render, or offer to render, personalized investment or tax advice through any videos or other content on any social media platform to include YouTube. The information provided in these videos is provided without compensation and for informational and educational purposes only and does not constitute financial, tax, investment, or legal advice. Copyright © 2023 Chisholm Financial Planning & Investments

What is a 529 college savings plan? How do I start a 529 college plan? Where should I open a 529 college account? YouTube statistics says these are some of the most common questions people are asking about 529 savings accounts. Clearly, 529's are popular options for those planning for college either for themselves or their kids. But is anybody stopping to ask SHOULD college planners open a 529 savings account? In this live, I will explain the pros and cons of using a 529 for college savings. 529s are certainly one way of planning for college but are they the best? Watch to find out!

As the year winds down, it's time to prepare your homestead for winter and set the stage for a thriving spring! Here are 5 essential tips for homesteaders, whether you're just starting out or already a seasoned pro. In this video, I talk gardening, canning & preserving, chickens, and of course, preparing for winter! Aspiring homesteaders should glean practical advice to kickstart their journey. If you're already experiences however, I invite you to share your own end-of-year rituals in the comments. Let's cultivate a community of shared wisdom, ensuring that our self-sufficient lifestyles remain, not just viable, but thriving. Let's embrace the homesteader's spirit and usher in the new year with a wealth of knowledge and sustainable practices! Remember, Financial Freedom is found through Discipline 👏 💸 Access Financial Freedom Resources: https://bit.ly/chisholmsubscribe 🚀 Join My FREE Retirement Planning Basics Course: https://bit.ly/chisholmretirementbasics 🗓️ Schedule a FREE Initial Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : https://www.youtube.com/@chisholmfinancial ✅ My Instagram : https://bit.ly/JennysInsta ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack Timestamps: 0:00 - Prepping for Spring while prepping for Winter 0:47 - #1 It's time to put your Fall garden to bed 2:39 - #2 Finish your canning 3:22 - #3 Organize your freezer 4:25 - #4 Organize your pantry and preserved foods 5:28 - #5 Plan your 2024 garden 7:11 - How to accomplish your year end goals #homesteading #homestead #gardeningtips Chisholm Financial Planning & Investments is owned by Jenny Logan and is a registered investment advisory firm regulated by the Securities & Exchange Commission in accordance and compliance with US securities laws and regulations. Chisholm Financial Planning & Investments does not render, or offer to render, personalized investment or tax advice through any videos or other content on any social media platform to include YouTube. The information provided in these videos is provided without compensation and for informational and educational purposes only and does not constitute financial, tax, investment, or legal advice. Copyright © 2023 Chisholm Financial Planning & Investments

How can you save money without affecting your quality of life? This is the question everyone would like to know, and Gen Z thinks they have the answer! But will the new soft savings trend actually work, or is it... a scam? In this video I answer questions about soft savings and how it differs from traditional savings, or "hard" savings. Overall, I rank this trend as a dud and believe those who buy into it will be setting themselves up for trouble when it comes to retirement later on down the line! Instead, I recommend 10 things you can do right now to save and invest real money for real life needs. Watch to find out! Remember, Financial Freedom is found through Discipline 👏 💸 Access Financial Freedom Resources: https://bit.ly/chisholmsubscribe 🚀 Join My FREE Retirement Planning Basics Course: https://bit.ly/chisholmretirementbasics 🗓️ Schedule a FREE Initial Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : https://www.youtube.com/@chisholmfinancial ✅ My Instagram : https://bit.ly/JennysInsta ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack Timestamps 0:21 - What is soft savings? 0:52 - 3 current soft savings strategies 2:05 - Why soft savings is a scam 3:40 - The 10 things you should do if you want to save real money 7:02 - Final thoughts on traditional investing and life balance #savingmoney #savingmoneytips #personalfinance Chisholm Financial Planning & Investments is owned by Jenny Logan and is a registered investment advisory firm regulated by the Securities & Exchange Commission in accordance and compliance with US securities laws and regulations. Chisholm Financial Planning & Investments does not render, or offer to render, personalized investment or tax advice through any videos or other content on any social media platform to include YouTube. The information provided in these videos is provided without compensation and for informational and educational purposes only and does not constitute financial, tax, investment, or legal advice. Copyright © 2023 Chisholm Financial Planning & Investments

Housing mortgage rates are though the roof! Today, we will be looking at the housing market and deciding whether or not you should buy a home right now. If you are are a home buyer, home seller, renter, or even a long-term homeowner who is considering a near-term housing transition, this video is for you! We will be looking at the effects of inflation and rising federal interest rates on the current US housing market as well as forecasting for the near future to determine what your best options are. Remember, Financial Freedom is found through Discipline 👏 👉 Join my upcoming free webinar: The 6 Step Financial Plan https://chisholmscheduling.as.me/personalfinancebootcamp 💸 Access Financial Freedom Resources: https://bit.ly/chisholmsubscribe 🚀 Join My FREE Retirement Planning Basics Course: https://bit.ly/chisholmretirementbasics 🗓️ Schedule a FREE Initial Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : https://www.youtube.com/@chisholmfinancial ✅ My Instagram : https://bit.ly/JennysInsta ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack Timestamps: 04:30 – Stream starts 06:05 – Three reasons it’s not a great time to buy a home 08:59 – The benefits of owning a home 12:22 – The cons of homeownership 15:18 – When you would want to buy a home in the current market 19:08 – Why you would not want to buy a home in the current market 20:11 – Should you buy a home right now? #housingmarket #homebuyers #mortgagerates Chisholm Financial Planning & Investments is owned by Jenny Logan and is a registered investment advisory firm regulated by the Securities & Exchange Commission in accordance and compliance with US securities laws and regulations. Chisholm Financial Planning & Investments does not render, or offer to render, personalized investment or tax advice through any videos or other content on any social media platform to include YouTube. The information provided in these videos is provided without compensation and for informational and educational purposes only and does not constitute financial, tax, investment, or legal advice. Copyright © 2023 Chisholm Financial Planning & Investments

How to start homesteading with no money, step 1: ... Okay, you are going to need some money. But maybe not as much as you think! In this video I walk you though how to get started with the homesteading life by starting small. Things like gardening, raising backyard chickens, and canning & preserving are all things you can do without having to finance a big land purchase. That can come later, after you've developed the skills you will need to maintain a homestead! Consider this your homesteading for beginners guide, and please don't hesitate to leave questions for me in the comments! Remember, Financial Freedom is found through Discipline 👏 💸 Access Financial Freedom Resources: https://bit.ly/chisholmsubscribe 🚀 Join My FREE Retirement Planning Basics Course: https://bit.ly/chisholmretirementbasics 🗓️ Schedule a FREE Initial Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : https://www.youtube.com/@chisholmfinancial ✅ My Instagram : https://bit.ly/JennysInsta ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack Timestamps: 00:40 - The first thing you need to do 01:22 - Figure our your homesteading priorities 03:47 - Do I need to buy land? 04:59 - Calculating costs and creating a fund 07:03 - How to start small and grow 07:46 - Best place to start: Gardening 09:28 - Worst place to start: Livestock 10:14 - Reduce, reuse, and recycle 11:53 - Community involvement 13:33 - Slow and steady wins the race! #homesteading #homesteadinglife #homestead Chisholm Financial Planning & Investments is owned by Jenny Logan and is a registered investment advisory firm regulated by the Securities & Exchange Commission in accordance and compliance with US securities laws and regulations. Chisholm Financial Planning & Investments does not render, or offer to render, personalized investment or tax advice through any videos or other content on any social media platform to include YouTube. The information provided in these videos is provided without compensation and for informational and educational purposes only and does not constitute financial, tax, investment, or legal advice. Copyright © 2023 Chisholm Financial Planning & Investments

If you want to learn how to fit long term care into your retirement plan this video is you! A common question I get is, "Should I get long term care insurance?" This answer is, it depends. Personally, I recommend financing long tern care through your own personal savings and a well structured financial plan to get there. But, there are a variety of options that may suit you depending on your, unique circumstances. In this video, I explain the pros and cons to 4 long term care financing solutions: 1. Long term care insurance 2. Life insurance with a long term care policy 3. Using home equity or a reverse mortgage 4. Self insuring through personal savings I hope this video is helpful, and if you are looking for more guidance in building a balanced financial plan, consider enrolling in my flagship course, Personal Finance Bootcamp: Build a Financial Plan in 7 weeks! https://financialplanningcourse.chisholmfinancialplanning.com/ Remember, Financial Freedom is found through Discipline 👏 💸 Access Financial Freedom Resources: https://bit.ly/chisholmsubscribe 🚀 Join My FREE Retirement Planning Basics Course: https://bit.ly/chisholmretirementbasics 🗓️ Schedule a FREE Initial Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : https://www.youtube.com/@chisholmfinancial ✅ My Instagram : https://bit.ly/JennysInsta ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack Timestamps: 00:00 – The 4 ways to solve long term care 00:36 – Standalone long term care insurance 04:25 – Life insurance policies 08:53 – Using home equity / reverse mortgages 12:21 – Self insuring 14:42 – Combining long term care finance methods #longtermcare #retirementplanning #longtermcareinsurance Chisholm Financial Planning & Investments is owned by Jenny Logan and is a registered investment advisory firm regulated by the Securities & Exchange Commission in accordance and compliance with US securities laws and regulations. Chisholm Financial Planning & Investments does not render, or offer to render, personalized investment or tax advice through any videos or other content on any social media platform to include YouTube. The information provided in these videos is provided without compensation and for informational and educational purposes only and does not constitute financial, tax, investment, or legal advice. Copyright © 2023 Chisholm Financial Planning & Investments

Chisholm Financial Planning & Investments was founded to offer individuals and families comprehensive financial planning services that set them on the path to financial freedom. At Chisholm, we require no account or net-worth minimums but instead utilize a fee based structure; you pay us for our time and expertise. Your success is our goal. With simple online tools and transparent pricing, Chisholm Financial Planning offers the convenience of working with an online financial planner on an ongoing basis—no matter where you live or where life takes you! Schedule a complimentary 30min consultation today! https://bit.ly/3ynQhdP Remember, Financial Freedom is found through Discipline 👏 💸 Access Financial Freedom Resources: https://bit.ly/chisholmsubscribe 🚀 Join My FREE Retirement Planning Basics Course: https://bit.ly/chisholmretirementbasics 🗓️ Schedule a FREE Initial Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : https://www.youtube.com/@chisholmfinancial ✅ My Instagram : https://bit.ly/JennysInsta ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack #financialplanner #certifiedfinancialplanner #financialplanning Chisholm Financial Planning & Investments is owned by Jenny Logan and is a registered investment advisory firm regulated by the Securities & Exchange Commission in accordance and compliance with US securities laws and regulations. Chisholm Financial Planning & Investments does not render, or offer to render, personalized investment or tax advice through any videos or other content on any social media platform to include YouTube. The information provided in these videos is provided without compensation and for informational and educational purposes only and does not constitute financial, tax, investment, or legal advice. Copyright © 2023 Chisholm Financial Planning & Investments

Do you want to know how to retire early at 50? Well, you came to the right place! In this video I talk about retirement planning considerations you need to account for if you're wanting to retire early and answer the question, how much money do you need to retire at 50? The truth is, there is no one size fits all answer to this question, and the lump sum you will need for early retirement varies from person to person based on retirement age, lifestyle, income, healthcare costs, inflation, longevity, and investment growth. If you want to know what steps you need to take for early retirement planning, at 50 or any age, watch on! Also, consider enrolling in my free retirement planning eCourse for a step by step guide to building a retirement plan: https://bit.ly/chisholmretirementbasics Remember, Financial Freedom is found through Discipline 👏 💸 Access Financial Freedom Resources: https://bit.ly/chisholmsubscribe 🚀 Join My FREE Retirement Planning Basics Course: https://bit.ly/chisholmretirementbasics 🗓️ Schedule a FREE Initial Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : https://www.youtube.com/@chisholmfinancial ✅ My Instagram : https://bit.ly/JennysInsta ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack Timestamps: 00:44 – Are lump sum goals effective? 01:40 – The 7 Retirement factors 02:18 – Retirement age 02:56 – Lifestyle 03:45 – Income 04:32 – Healthcare costs 05:58 – Inflation 06:37 – Longevity 07:12 – Investment growth 08:12 – Early retirement at age 50 example -- 09:36 – Applying inflation to projections -- 11:18 – The lump sum needed -- 11:58 – Withdrawal rates, tax planning, and additional medical costs -- 13:14 – Yearly savings rate 14:02 – Final tips #retirementplanning #retireearly #financialplanning Chisholm Financial Planning & Investments is owned by Jenny Logan and is a registered investment advisory firm regulated by the Securities & Exchange Commission in accordance and compliance with US securities laws and regulations. Chisholm Financial Planning & Investments does not render, or offer to render, personalized investment or tax advice through any videos or other content on any social media platform to include YouTube. The information provided in these videos is provided without compensation and for informational and educational purposes only and does not constitute financial, tax, investment, or legal advice. Copyright © 2023 Chisholm Financial Planning & Investments

Confused about permanent life insurance? This video is for you! In 30 minutes, I explain the ins and outs of whole life insurance, universal life insurance, variable universal life insurance, and indexed life insurance so you can understand the benefits and drawbacks of each. I also introduce you the 5 terms you need to understand when evaluating permanent life insurance policies, including death benefit, beneficiary, premium, cash value, and cash surrender value. After watching, you should also understand how the premium, cost of insurance, and cash value work together to provide you a life insurance policy. I'm a financial planner with my own "opinion" of these products and their purported benefits to policy holders, but my intention here is to provide you all of the facts so you can make your own decision. At the end of the video, I give you 5 reasons why I do not recommend permanent life insurance to my clients and also provide 3 exceptions where a professional might recommend permanent life insurance. Use the timestamps to help guide yourself through the video! I hope you come away with a better understanding of these products and their applicability as both a safety net for you and your family and investment vehicles. If you have had any personal experience with these products or have some reason to have a different perspective please share in the comments! Remember, Financial Freedom is found through Discipline 👏 💸 Access Financial Freedom Resources: https://bit.ly/chisholmsubscribe 🚀 Join My FREE Retirement Planning Basics Course: https://bit.ly/chisholmretirementbasics 🗓️ Schedule a FREE Initial Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : https://www.youtube.com/@chisholmfinancial ✅ My Instagram : https://bit.ly/ChisholmInsta ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack Timestamps: 00:00 – What this video will cover 01:17 – The 5 life insurance terms you should understand ----- 01:40 – What is the death benefit and beneficiary? ----- 02:53 – What is the premium? ----- 03:37 – Cash value vs. cash surrender value 05:47 – Understanding the cost of insurance ----- 06:05 – Mortality tables ----- 07:10 – Example of exponential insurance increases ----- 08:35 – How your cost of insurance gets paid ----- 11:37 – Why you might have a flexible premium 12:02 – Understanding how the cash value gets invested ----- 13:47 – Universal life policy ----- 15:20 – Indexed universal life policy ----- 18:17 – Variable universal life policy ----- 20:40 – Whole life policy 23:32 – The 5 reasons I don’t like permanent life insurance products ----- 23:55 – #1 A good financial plan should't need life insurance ----- 24:54 – #2 There are superior investment options ----- 26:15 – #3 They are too complex ----- 27:01 – #4 The compensation structures are questionable ----- 27:23 – #5 I have not seen a good policy in my personal practice 28:38 – Possible exceptions ----- 28:59 – #1 Estate planning for tax reasons ----- 29:49 – #2 If you need long-term care ----- 30:22 – #3 Pension planning 30:51 – Final thoughts: talk to a fee-based financial planner! #lifeinsurance #wholelifeinsurance #financialplanning

Let’s talk changes to FAFSA 2024 you need to know! For this episode, I am joined by Jen MacLure, founder and CEO of My Pathway to College (https://www.mypathwaytocollege.com/), to discuss major changes to the FASFA 2024 - 2025 application process. These 7 FAFSA changes will greatly impact your timing to file this year! In addition, we touch on FAFSA and college planning in general and creating a CSS Profile. Looking for a FAFSA 2024-25 walkthrough? Want to know about the FAFSA simplification act? If you are planning on sending your children to college in 2024, this is the stream for you! Remember, Financial Freedom is found through Discipline 👏 💸 Access Financial Freedom Resources: https://bit.ly/chisholmsubscribe 🚀 Join My FREE Retirement Planning Basics Course: https://bit.ly/chisholmretirementbasics 🗓️ Schedule a FREE Initial Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : https://www.youtube.com/@chisholmfinancial ✅ My Instagram : https://bit.ly/ChisholmInsta ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack Timestamps: 04:26 – Stream starts 05:39 – Meeting Jen MacLure of My Pathway to College 08:19 – Main issue with FAFSA 2024 changes: No early applications? 09:51 – What does My Pathway to College do? 13:30 – FAFSA 2024: Biggest changes 16:29 – #1 FAFSA change: Shorter application 17:52 – #2 FAFSA change: Student aid index (SAI) to replace expected family contribution 19:32 – #3 FAFSA change: Pell grant eligibility change 20:45 – #4 FAFSA change: No discount for multiple children 21:14 – #5 FAFSA change: New reporting requirements for divorced parents 24:30 – #6 FAFSA change: No more reporting requirements for untaxed income 27:23 – #7 FAFSA change: Income protection allowance for parents go up 28:59 – Summary of changes to FAFSA 2024 30:06 – What is the biggest thing parents can do to prepare now? 33:52 – Next week sneak peek: What happens to your retirement accounts when you die? #fafsa #collegeplanning #financialaid

Wondering what is a Roth IRA or how to get started with Roth IRA investing? Over my career as a financial planner I've helped countless investors and families maximize their retirement, college, and inheritance savings through the power of Roth money. A Roth IRA can be one of the most powerful tools in your financial planning arsenal, but between the regulatory red tap, ira contribution limits, and various administrative structures (employer sponsored plan, roth conversions, backdoor roth ira etc.), figuring out how to best setup up a Roth IRA, much less maximize your contributions, can be overwhelming. In this video, my intent is to provide a framework for your Roth Money learning. Think of this as a clear and concise "table of contents" for your roth studies, whether you choose to take advantage of my Roth education eCourse (https://bit.ly/rothmoney) or choose to self-educate. If you are looking for a tool that will help you get from 0 through opening and contributing to a Roth IRA savings account, my eCourse is exactly that. You can enroll on Gumroad for lifetime access to the course contents + exclusive office hour streams to help students through any questions or issues they run into. Get more information here: (https://bit.ly/rothmoney) Remember, Financial Freedom is found through Discipline 👏 💸 Access Financial Freedom Resources: https://bit.ly/chisholmsubscribe 🚀 Join My FREE Retirement Planning Basics Course: https://bit.ly/chisholmretirementbasics 🗓️ Schedule a FREE Initial Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : https://www.youtube.com/@chisholmfinancial ✅ My Instagram : https://bit.ly/ChisholmInsta ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack Timestamps: 01:18 – Why it might be difficult to sort through online Roth advice 02:47 – How to go about learning Roth money strategies 03:51 – Learn what is a Roth and how does it work 04:32 – Learn the methods to start a Roth 05:41 – Learn the administrative and tax limitations 06:55 – Find examples that you can apply to your situation 07:40 – Research other uses for Roth money such as college and inheritance planning 08:36 – The options available to you now #rothira #retirementplanning #rothconversion

Remember, Financial Freedom is found through Discipline 👏 💸 Access Financial Freedom Resources: https://bit.ly/chisholmsubscribe 🚀 Join My FREE Retirement Planning Basics Course: https://bit.ly/chisholmretirementbasics 🗓️ Schedule a FREE Initial Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : https://www.youtube.com/@chisholmfinancial ✅ My Instagram : https://bit.ly/ChisholmInsta ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack #homebuyers #daveramsey

Remember, Financial Freedom is found through Discipline 👏 💸 Access Financial Freedom Resources: https://bit.ly/chisholmsubscribe 🚀 Join My FREE Retirement Planning Basics Course: https://bit.ly/chisholmretirementbasics 🗓️ Schedule a FREE Initial Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : https://www.youtube.com/@chisholmfinancial ✅ My Instagram : https://bit.ly/ChisholmInsta ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack #homebuyers #mortgage

Remember, Financial Freedom is found through Discipline 👏 💸 Access Financial Freedom Resources: https://bit.ly/chisholmsubscribe 🚀 Join My FREE Retirement Planning Basics Course: https://bit.ly/chisholmretirementbasics 🗓️ Schedule a FREE Initial Consultation! : https://bit.ly/chisholmfinancialschedule ✅ Subscribe! : https://www.youtube.com/@chisholmfinancial ✅ My Instagram : https://bit.ly/ChisholmInsta ✅ My Twitter : https://bit.ly/ChisholmTwitter ✅ My Substack : https://bit.ly/ChisholmSubstack #daveramsey #homebuyers