Ryan Klosterman, CFP® (@ryanklosterman_) 's Twitter Profile
Ryan Klosterman, CFP®

@ryanklosterman_

I help young families in the Midwest understand their finances and create customized plans for their financial goals and retirement.

ID: 1477817541699514375

calendar_today03-01-2022 01:42:38

50 Tweet

28 Followers

135 Following

Cody Garrett, CFP®️ (@measuretwicemny) 's Twitter Profile Photo

Did you know it’s possible to receive comprehensive financial ADVICE without handing over your investment accounts or buying insurance products? It’s called “advice-only” financial planning, available as a flat-fee hourly, project-based, or ongoing service. Free referrals 👇🏼👇🏼

Ryan Klosterman, CFP® (@ryanklosterman_) 's Twitter Profile Photo

Feeling generous? Let's talk about Superfunding a 529 Plan. “Superfunding” a 529 plan allows up to 5 years' worth of contributions in a single year without resulting in a federal transfer tax or use of any portion of the federal transfer tax exemption. fidelity.com/learning-cente….

Feeling generous? Let's talk about Superfunding a 529 Plan. 
“Superfunding” a 529 plan allows up to 5 years' worth of contributions in a single year without resulting in a federal transfer tax or use of any portion of the federal transfer tax exemption.
fidelity.com/learning-cente….
Ryan Klosterman, CFP® (@ryanklosterman_) 's Twitter Profile Photo

Living with your parents often gets a bad rap. Here are my thoughts. If you're working and saving the difference towards your financial future, how is that a bad decision? If you're working and spending the difference, that's a poor lifestyle decision. What are your thoughts?

Ryan Klosterman, CFP® (@ryanklosterman_) 's Twitter Profile Photo

There's a saying that to be happier in retirement, reduce the amount of time you watch the news. Investing is similar, reduce your focus on short-term volatility, or some hot stock tip, and stick with your plan. Be diversified. Be disciplined.

Ryan Klosterman, CFP® (@ryanklosterman_) 's Twitter Profile Photo

Is right now the best time to invest? It's an impossible question to answer and no one has a crystal ball that is always accurate. Just remember: Time in the market > Timing the market

Ryan Klosterman, CFP® (@ryanklosterman_) 's Twitter Profile Photo

Updating your NQ individual account to a Individual Transfer on Death account is one of the simplest and easiest ways to improve your estate plan. *This is not legal advice*

Ryan Klosterman, CFP® (@ryanklosterman_) 's Twitter Profile Photo

Do today's risk tolerance questionnaires actually do a good job of measuring a client's risk composure? "Know your client" is an important regulation but how well do 15-30 question quizzes actually fare in the real world? Check out this Kitces article to learn more:

Cody Garrett, CFP®️ (@measuretwicemny) 's Twitter Profile Photo

There's a big problem right now within the financial advisory industry: People are firing their financial advisors who don't provide financial planning. But they’re leaving without a plan for managing their financial decisions moving forward. Advice-Only financial planning

Ryan Klosterman, CFP® (@ryanklosterman_) 's Twitter Profile Photo

Retirement isn't the finish line; it's the start of a new adventure! Continuing to learn keeps your mind sharp, your social life active, and your heart fulfilled. Embrace the benefits of lifelong learning in retirement! 🧠

Thomas Kopelman 💵 (@tkopelman) 's Twitter Profile Photo

There is a lot of confusion around what a financial planner does Some think they just manage investments (some do) Some think they just sell insurances (some do) And some think they help on all things $ (some do) Let me walk you through what a great financial planner does:

There is a lot of confusion around what a financial planner does

Some think they just manage investments (some do)

Some think they just sell insurances (some do)

And some think they help on all things $ (some do)

Let me walk you through what a great financial planner does:
Ryan Klosterman, CFP® (@ryanklosterman_) 's Twitter Profile Photo

Is total return the most important thing when hiring a financial advisor? A financial advisor rarely outperforms an indexing strategy in regards to total return. However… They can save you from expensive mistakes, lower your taxes, and create a long-term financial plan. I