Blog

Category: Financial Quarterback

What is a Financial Quarterback, and Why Do I Need One?

What is a Financial Quarterback, and Why Do I Need One

Posted By Lineweaver Financial Group
August 23, 2018 Category: Financial Quarterback, Lineweaver

 In our increasingly complex financial world, it’s important to discuss the need to have an overall coordinated approach when it comes to financial affairs. Think of 11 players going onto the football field, and hiking the ball without taking the time to get into a huddle and have the quarterback call the play. The chances of these guys getting into the end zone are slim. Without overall coordination of your financial affairs, getting into the financial end zone may be difficult for you as well. Most people don’t think of all their advisors as a team, but it’s important to recognize that most of us already have a financial team; we are getting financial advice from a variety of sources. Your financial team is comprised of your different insurance agents, your CPA or tax preparer, your bank, any investment advisors with whom you are working, and your estate planning attorney.  Everyone has a financial team, and they all need a Financial Quarterback. Let’s look at some potential pitfalls of not having a Financial Quarterback. What happens if you take money out of an investment and by doing so you have income to report? Will the receipt of that income trigger taxation on your Social Security? Will it increase your Medicare premiums? You had better know the answer to that prior to making the change. If you have a good financial quarterback, you will know the outcome before you make the change. If not, you may be surprised when you go to file

Categories
General (40)
Newsletter (33)
Economic Commentary (18)
Retirement (15)
Retirement Planning (14)
Letter From The President (14)
Finance (12)
Educational (12)
Tax (11)
Financial Planning (11)
Healthwatch (10)
Lineweaver (10)
Commentary (10)
Market Commentary (8)
Taxes (8)
Economy (7)
Q3 (7)
Tax Planning (7)
Market (6)
Education Programs (6)
Portfolio (5)
IRA (4)
LFG (4)
Estate Planning (4)
Social Security (4)
Bonds (4)
Health (4)
Insurance (3)
Market Review (3)
Diversification (3)
2017 (3)
Interest Rates (3)
Tax Law (3)
Trump (3)
(3)
Rising Interest Rates (2)
Annuity (2)
Strategies (2)
Volatile Market (2)
Fraud (2)
Annuities (2)
Stocks (2)
Charity (2)
HealthWatch (2)
Financial (2)
Coordination (2)
Tax Cuts And Jobs Act (2)
Investing (2)
Tax Scams (2)
Real Estate (2)
2019 (2)
Client Spotlight (2)
Economic Outlook (2)
Market Update (2)
Investments (2)
Financial Strategies (2)
High Income (2)
Social Security Benefits (2)
Election (2)
Brexit Update (2)
2016 (2)
Q2 Newsletter (2)
Financial Goals (1)
Chad Roope (1)
Legal (1)
Wills (1)
Eye Strain (1)
Roth Conversion (1)
Roth Ira (1)
Screens (1)
Vacation From Investments (1)
Traditional Ira (1)
Congress (1)
Marital Trust (1)
Sell In May And Go Away (1)
Bloodline Trust (1)
2018 (1)
David Baker (1)
Q2 2019 (1)
Tips (1)
Jim Lineweaver (1)
Stock (1)
New Years Resolutions (1)
Market Outlook (1)
Vacation Home (1)
Healthy (1)
Cooking (1)
Exercising (1)
Keeping Your Mind Sharp (1)
Q1 (1)
James Lineweaver (1)
Pro Football Hall Of Fame (1)
Quarterly Newsletter (1)
Financial Quarterback (1)
Anne Graffice (1)
Sring Cleaning Your Finances (1)
Statements (1)
End Of Year Taxes (1)
Buy (1)
Markets Don\'t Pick Sides (1)
Steps (1)
Probiotics (1)
2020 (1)
2020Q3 (1)
Medicare (1)
Medicare Supplements (1)
Your Retirement Playbook (1)
2020Q4 (1)
Sleep (1)
Stimulus (1)
Healthy Living (1)
2021 Outlook (1)
Eductional (1)
News (1)
Awards (1)
Crain\'s (1)
Investment. Advisers (1)
Blog (1)
Nutrition (1)
CARES Act (1)
Sell (1)
Longterm Care (1)
Dementia (1)
Review (1)
Credit Unions (1)
Pse (1)
Big Banks (1)
Savings (1)
Checking (1)
Banking (1)
Healthcare (1)
CARES (1)
Elder Law (1)
POA (1)
Power Of Attorney (1)
Charitable (1)
Donations (1)
Inheritance (1)
Tax Strategies (1)
Black Swan (1)
Trusts (1)
Market Pullback (1)
In Laws (1)
Roth (1)
Retiring (1)
Self Employed (1)
Business Owners (1)
Annuity Alternatives (1)
Life Insurance (1)
Dividend (1)
Bonds Ladder (1)
Policy (1)
Donor Advised Fund (1)
Retire Early (1)
Private Foundation Charitable Lead Trust (1)
Charitable Remainder Trust (1)
Growing Your Wealth (1)
REITs (1)
Risk Management (1)
Protection (1)
North Korea (1)
Conflict (1)
Legacy (1)
Retire (1)
Mutual Funds (1)
Gifting (1)
Retirement Tips (1)
Financial Advice (1)
Financial Advisor (1)
Social Security Planning (1)
Charitable Contributions (1)
Women And Money (1)
Service Day (1)
Harvest For Hunger (1)
Candidates (1)
Q1 2017 Newsletter (1)
Politics (1)
Fall 2016 (1)
Financial Health (1)
Holiday Planning (1)
Stockpile (1)
Holiday Gifts (1)
1st Quarter (1)
2016 Market (1)
Winter 2017 (1)
Lineweaver Wealth Advisors (1)
Expense (1)
Q3 Newsletter (1)
Travel Tips (1)
NAFTA (1)
Trading (1)
New Tax Law (1)
529 Plans (1)
Charitable Giving (1)
Q2 (1)
New Website (1)
Bruce Motko (1)
Travel (1)
Distribution (1)
Markets (1)
Drink Water (1)
Market Volatility (1)
Cryptocurrency (1)
Investment (1)
Bitcoin (1)
Advice (1)
Summer (1)
Tariffs (1)
RMD (1)
Costs (1)
Kids (1)
401(k) (1)
Equifax (1)
Mark Sipos (1)
2017 Q4 (1)
Identity Theft (1)
Third Quarter (1)
Tax Cuts And Job Act (1)
Introducing (1)
Grand Kids (1)
Reallocation (1)
Tax Cuts (1)
Jobs (1)
Lose Weight (1)
Eat More (1)
Market Review 2017 (1)
Letter From The President New Years Resolutions (1)
Transfer Real Estate (1)
Defer Tax (1)
Top Financial Strategies Of The Wealthy (1)
Dividends (1)
+ Show More

Terms and Conditions | Privacy Policy | Disclosures

Lineweaver Financial Group ©
Powered by Virteom Logo Virteom