Steps To Financial Freedom

Steps To Financial Freedom: an introduction to the building blocks of a sound financial plan- Special focus on risk management plus tax planning tips. Taught By Devika Kamboh, Founder and CEO of Sohum Financial Planning, LLC

This workshop covers the different facets of a sound financial plan - whether for your personal or business needs.

Leverage the role of insurance vehicles as key tools for risk mitigation and also protecting your social security income from excess taxation- In addition to property insurance & Car insurance, why is it important to have life insurance, health insurance, long term disability coverage, and long term care insurance when creating a risk protection strategy that spans your full financial life cycle?

Tax payers – whether single, married, divorced, widow/ widowers as well as business owners need to focus on unique financial challenges and risk exposures by creating a roadmap to financial wellbeing. You can also be better prepared for retirement by understanding the key dates when filing for Social Security and critical tax issues when drawing this income.

Learn how to rebalance your investment portfolio with an asset mix that triggers less taxation of income streams during retirement. Attendees will also learn to discern between different types of financial advisors and the importance of working with a Certified Financial Planner professional as your fiduciary. Consider retirement vehicles on a pretax and post-tax basis for individuals and business owners and how long term care planning can be critical to protect your hard earned savings & assets.