Financial life planning - Chladek Wealth Management

What’s a 529 Plan and How Does It Work?

Are future college expenses weighing on your mind? If so, that makes sense because, according to the Education Data Initiative, the cost of a college degree has more than doubled during the 21st century. But wait, there’s more: The average cost of college in the U.S. is $35,551 The cost of college has an annual growth rate of 6.8% The cost of a bachelor’s degree can exceed $500,000 With skyrocketing education costs, planning for your [...]

What is Financial Life Planning? And What it Means to Us

John Chladek2022-10-03T18:00:00+00:00August 8, 2022|Family Financial Information, Financial Planning Psychology|

What comes to mind when you hear "financial planning"? You probably think about money management—investments, budgeting, saving, debt, etc. You might think about it as an endless loop of spreadsheets, numbers, statistics, and fact-based meetings with your advisor, all of which blur together. While financial planning will involve some data and money talk, What if we told you that wasn't even close to the complete picture? Your investments, family budget, retirement projections, and more make [...]