IN Mt. Lebanon Fall 2019 | Page 23

t the overall health of your lawn. My wife may last sentiment... SPONSORED CONTENT PROFESSIONAL PROFILE e most exciting, joyous, and fulfilling time of aid, even as a financial planner, it hasn’t been gging thoughts: Am I saving enough? Am I age of my benefits through work? Should I be t saving for college already? Would my fam- nancially) if something terrible happened to have an estate plan in place? What the heck of these issues are uncomfortable to discuss expense during an already expensive time, now will not only give you peace of mind but tion for securing your family’s financial future. ning ollege is already an (almost illogically) expen- That, however, is not slowing the majority of s from increasing tuition year after year. If it’s wish to help cover some or all of these costs, hen they’re in diapers. The earlier, the better. sh a 529 plan and set up an automatic month- n for an amount that fits into your cash flow. n notice it after a few months. Also, let the know. They just may want to lend a hand. ts e are many and they will differ from company wanted to highlight one in particular—the re Flexible Spending Account. This account ent to set aside income before taxes in order the costs of childcare. Depending on your tax an easily save you 20 to 30% on what you elect ce ife insurance is to cover a period of time in mily is financially vulnerable. This window cally exists during your working years. Once SPONSORED CONTENT Matthew ® Kelly, CFP FINANCIAL PLANNER Matt is an adviser with Allegheny Financial Group – an independent financial planning and investment management firm that has been serving the Pittsburgh community for more than 40 years. Allegheny provides services that tie together all elements of a client’s financial situation, including investment & risk management, you’ve reached retirement, longer relying on wages retirement, you’re estate, no tax, and education to sustain your family’s lifestyle. From that mindset, term planning. By taking a comprehensive life insurance is truly the most effective (and cheapest!) way approach to understanding these various to go. aspects of a client’s financial world, Matt is able how to provide a uniquely tailored and not So how do you know much to purchase? If you’re unbiased plan to on fit their and running a thorough analysis your ultimate existing goals portfolio, aspirations. anticipated growth, and future cash flow, a good rule of thumb is 10x salary. Have a qualified adviser go out to bid to find a reputable company that will provide “I insurance enjoy helping families plan that for coverage at the most cost-effective rate. If you’re not in they history can devote good health, if you tomorrow, smoke, or have so a family of heart their time and energy to what’s disease, for instance, the low-cost alternative may be to obtain that level of coverage through your employer. most important in their They lives will likely offer guaranteed coverage at group rates for up to today.” some multiple of salary. Continued. [email protected] 412.536.8076 Allegheny Financial Group is a Registered Investment Advisor. Securities offered through Allegheny Investments, LTD, a registered Broker/Dealer. Member FINRA/SIPC. MT. LEBANON ❘ FALL 2019 21