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Mission Statement

As a CFP®* my first obligation is to your lifetime financial well being.

“I believe that financial planning is about your  values, not just your money.  It is important to develop the right retirement plan, future education savings plan, and business plan for your situation using techniques to manage taxes, access to money, market volatility, and your future financial independence. With sincere appreciation for how hard you work for your money…”  — Merra Lee

* CERTIFIED FINANCIAL PLANNER TM

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2 days ago
Best Ways To Save Money In 2018 | Bankrate.com

Looking to save money this year? The first thing you want to do is make some financial goals. Make sure these financial goals are realistic goals that you can stick to and achieve!

Get serious about saving in the new year. Follow our advice and watch the cash accumulate.

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4 days ago
5 Changes to Retirement Savings for 2018

The annual contribution for 401(k) plans is going up to $18,500. For anyone 50 and up, you can save an extra $6,000! Take the time now to adjust your 401 (k) contribution to make sure you're hitting ... See more

Some of the retirement savings rules will be updated.

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1 week ago
Financial Tips 2018: How to get ahead on taxes, savings and insurance

With the beginning of the year, it's a great idea to do a check-up on your retirement plan. Make sure you're still on track with your goals and consider increasing your contribution.

Smart moves include analyzing the new tax plan, tweaking your 401(k) and making sure you have the right life insurance.

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1 week ago
Timeline Photos

When planning for your finances this year, it's important to factor in the tax changes. Be prepared for whatever may happen. https://usat.ly/2AvLmab

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1 week ago
Financial Tips 2018: How to get ahead on taxes, savings and insurance

Getting your finances in order this year? The first thing to do is double checking your insurances. Make sure they cover your whole family and everything is up to date.

Smart moves include analyzing the new tax plan, tweaking your 401(k) and making sure you have the right life insurance.

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2 weeks ago
10 Short Term Financial Goals You Can Complete Now

If it is your New Year's resolution to achieve a better financial status, the first step you need to do is create a budget. This will help you know where you stand financially and what you may need ... See more

These short-term financial goals can help you make real progress on your finances without adding a lot of stress to your already busy life.

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2 weeks ago
10 Short Term Financial Goals You Can Complete Now

Start your New Year right by saving $1,000 right away. Make it a point to have $1,000 added to your savings account before the end of January. Check out some tips on how to achieve that goal.

These short-term financial goals can help you make real progress on your finances without adding a lot of stress to your already busy life.

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3 weeks ago
Timeline Photos

As you start setting up your financial goals for 2018, something to remember is do not avoid hurdles. There are going to be things in your way of achieving your goal; try to figure out what they are ... See more

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3 weeks ago
3 Tips for Creating a New Year's Resolution about Money - Money Natters

Does your New Year's resolution include getting your finances in order? When you're setting up those financial resolutions - make sure to be specific about it! Find out what I mean. ... See more

To give your new year’s resolution or goal the jet-pack boost it needs, make sure it’s achievable! Here are three fantastic tips to stick with your financial new year resolutions.

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4 weeks ago
Four Financial Gifts to Consider for the Holidays

For those individuals in your life who don't want or need anything, give them a gift from the heart! Donate to a charity in their name that they are very passionate about.

Here are ideas for presents that encourage savings or reduce debt, making them a lot more meaningful than another gadget.

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Practice Focus

Financial Planning

Solid financial planning is the key to pursuing your financial goals. By identifying where you are today and where you hope to be, Merra Lee Moffitt’s team at Good Life Financial Group can help you determine how best to proceed. As an independent financial advisor with access to unbiased research, Merra Lee can implement a plan that can help you pursue your goals. Complete financial planning is the process of putting all your family’s financial pieces together into a balanced written plan. In financial planning we make sure all the categories of your financial life are addressed. In addition we answer these financial planning questions:

✓ Am I spending the right amount given my income?

✓ Am I saving and investing in a way that meets my goals?

✓ How much should I spend or save each year?

✓ What is my current net worth and how do the pieces serve my goals?

✓ What do I want to accomplish while on this earth and what is my plan to make that happen?

✓ If money were not a factor, what would I be doing with my life?

✓ Am I using the best retirement plan choices so that I can pursue a great retirement?

Together, we’ll create a written plan that helps you balance the saving, investments and time frames for all your financial goals.

Retirement Planning

Someday, every one of us will stop collecting a paycheck; we’ll be retired. Retirement planning is making sure you’ll have enough to live the way you want when you get there. Retirement planning is crafting your retirement goals into your unique life. Regardless of whether you are just starting your first job, at the peak of your career, or looking at retirement right around the corner, careful planning will help you make the most of your retirement years. Closer to retirement age, the fine tuning begins as we convert a lifetime of saving to a lifetime if income, in essence creating our own paycheck. In retirement planning, we answer these questions:

When can I retire?

How much can I spend in retirement?

Where will the money come from each month to pay bills?

How can I make sure I don’t not run out of money?

What will inflation do to my spending?

How will marriage, children, job change affect my retirement plans?

How can I get my retirement ‘paycheck’ to go up and keep up with inflation?

What financial surprises should I prepare for?

Should my investment planning change as I get older?

Your retirement plan is unique to your situation and goals. Together we’ll make a written plan that gets and keeps you on track. A flexible plan that we’ll adjust as your situation adjusts.

College Planning Choices

For our kids, grandkids, or ourselves we want a good education so they’ll have great jobs and careers. Often, large amounts of savings are needed to afford good schools, have enough to complete all years required, and get the degrees or certifications we desire. In education planning we answer the questions:

How much will school cost?

How much can or should I save?

Can I start with just a little if that’s all I can afford right now?

If I save too much will it affect financial aid from the schools?

What’s the best way to pay for school?

How can my kids afford to go to the ‘expensive’ school they want?

I have a few children, how can I have enough to help them all?

What types of accounts should we use to save?

Whether you want Ivy League, trade or state school; you’ll need a plan. Together we’ll make an education savings plan that gets you on track while balancing your other goals (like having enough to retire someday).

Tax Reduction Planning

Taxes may be a fact of life, but you needn’t pay more than you have to. Paying close attention to your investments’ tax treatment, Merra Lee’s team will strive to help you keep more of your hard-earned money working for you while seeking to reduce your tax burden whenever possible. Tax-advantaged saving, investing and distribution strategies can have a significant impact on what you can pay yourself in retirement. In tax planning strategies, we answer the following questions:

Is there anything else I can do to reduce my income taxes that I’m not doing now?

If I save taxes this year am I going to pay more when I’m retired?

How can I have liquid assets and still save for retirement?

How can I avoid early withdrawal penalties?

Sadly, taxes now or taxes later may be factor into the choices we’ll need to make. But wouldn’t you feel better knowing what your choices are? Together we’ll integrate the suitable tax advantaged investing into your complete financial plan.

LPL Financial and Good Life Financial Group do not provide tax or legal advice. Consult a tax or legal professional for advice on these matters.

Business Financial Planning

Merra Lee Moffitt works with small business owners to help them achieve their financial dreams and goals. Her articles are written to help inspire small business owners. Her podcasts are a way to showcase small business owners. Her mixers are a way to bring everyone together and network. Contact Merra Lee and her team to learn more about what they can do for you.

Estate Planning

What do you want to be remembered for when you die? Is there any group or charity that has touched your life? In legacy & charity planning we answer these questions:

How can I balance wanting to give to a charity and also to my family?

What are the tax incentives for the different ways I can give to a charity?

How can I give to a charity so they will use it well?

Does it matter that I’m not wealthy?

We’ll help you turn your lifetime of work into a cause you care.

 

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