Schuler Wealth Planning

Excited to share that Derrick Schuler was recently featured in another Yahoo Finance article discussing why more retirees are turning to financial advisers after years of managing their finances on their own.

The article explores how the transition from saving for retirement to actually spending those savings often raises new questions about income, taxes, Social Security, and whether a retirement plan will last.

That's why we offer both one-time retirement planning for those who want the confidence to continue managing their finances on their own, as well as ongoing planning for those who prefer a long-term financial partner.

After saving on their own, retirees are turning to financial advisers 'to know if they are on track' Retirees are turning to financial advisers for the first time to see if they are on track.

Excited to share that Derrick Schuler, CFP® was recently featured in a Yahoo Finance article discussing the "Die With Zero" philosophy.

The article explores the idea of using your money to maximize life experiences rather than simply accumulating wealth over your lifetime.

Derrick's point in the article was that this approach only works when it's supported by a thoughtful financial plan.

"To effectively put this strategy into practice, without jeopardizing your future, you must put a long-term financial plan in place that considers your goals and finances through each stage of life... This can provide the structure and flexibility needed to maximize your life experiences without sacrificing your retirement."

Good to see his perspective included in the discussion.

The 'die with zero' philosophy: Should you sacrifice retirement savings to enjoy life more now? The "die with zero" philosophy is about spending and giving money today rather than focusing on building the largest nest egg possible. But is it a smart strategy?

Dean headed back home last weekend for the annual Delta Wrestling Club Golf Outing. Schuler Wealth Planning was proud to sponsor a hole, and Dean's team finished tied for 2nd place in the scramble!

We'll give most of the credit though to Dean's teammates, as he's much better at financial planning than golf.

Dean Schuler was recently quoted in an article from U.S. News & World Report discussing the “$1K per month in retirement” rule.

The article outlines the general idea that for every $1,000 of monthly income needed in retirement, a person may need around $240,000 saved, based on certain assumptions.

Dean’s point in the article was that while rules like this can be helpful for framing the conversation, they’re just a starting point, not a strategy. They don’t account for things like taxes, market variability, inflation, or differences in spending needs from one household to another.

Good to see his perspective included in the piece.

What Is the $1K Per Month Rule in Retirement? The $1,000 per month rule offers a simple way to estimate retirement savings based on a 5% portfolio withdrawal rate.

Exciting Week at the Financial Planning Association’s (FPA) All Ohio Symposium!

Our team had the opportunity to attend two days of learning and networking alongside other professionals in the industry. Sessions covered a wide range of timely topics, including ethics, tax changes under the OBBBA, small business tax planning, AI technologies, estate planning, and navigating volatile markets.

It’s always valuable to hear directly from leaders shaping the future of our industry.

Proud of our Paraplanner, Vik Visurakapalli, for leading a financial literacy workshop for graduate students at The Ohio State University, helping graduate students turn complex financial concepts into practical, real-world decisions.

Dean Schuler was recently quoted in The Wall Street Journal discussing separately managed accounts (SMAs).

As highlighted in the article, SMAs can be a good option for investors that are looking for more customization, transparency, and tax efficiency in their portfolios.

Dean describes how SMAs differ from mutual funds and ETFs and how they are used for things like direct indexing and tax-loss harvesting.

We’re honored to contribute insight to national financial conversations and help people make smarter decisions with their money.

Read the article here:

Separately Managed Accounts (SMAs): What They Are and How They Work SMAs allow you to build a more customized portfolio.

I was recently quoted in a GoBankingRates article on the most important money skills to teach kids. As a parent of two young children, this topic is especially meaningful to me.

The article highlights key lessons like earning, saving, and building strong financial habits early. These skills can shape long-term success.

At Schuler Wealth Planning, we often see how these principles not only impact individuals, but also help families pass down financial confidence to the next generation.

Grateful to be part of the conversation:

https://finance.yahoo.com/markets/articles/wealth-managers-reveal-3-money-122306990.html

Wealth Managers Reveal the 3 Money Skills That Are Most Important To Teach Your Kids Wealth managers share three essential money lessons to teach your kids early, plus simple tools to help make financial learning engaging and practical.