Tom Gehrmann Colorado Springs | Is It Expensive To Afford A Financial Planner?

 

Many people still believe that financial planners are for the wealthy. This is why many fail to use them simply because they don't want to pay any extra cost. Making financial plans requires an expert, that is someone with a good knowledge of finance. Before a plan or a goal is accomplished, it requires determination and discipline. If you choose to be your financial planner, you might not be able to follow your plans thoroughly. For this reason, it's preferable to choose an expert in this field. It is better to choose a financial planner (though it might be a little bit on the high side depending on your portfolio) but it's worth the expenses. The extra cost shouldn't be your first concern when considering a financial planner, rather the first question you should ask yourself is can I not afford to have a financial planner?

For clarity purposes, you don't need to be rich to have a financial planner. Sincerely, not everyone needs a financial planner, says Tom Gehrmann Colorado Springs. But if you feel your portfolio needs proper direction and guidance, you can opt for one. Because a good financial plan that is well-executed results in a better outcome. A well constructed financial plan allows you to be on track and gives you the ability to oversee your investment, profits and money spent. To help you understand the role of a financial planner, let's consider who they are, what they do, various types and payment options.

Financial Planners And What They Do

A financial planner is a financial expert that helps you meet your financial needs and long term financial goals as they come up with strategies to accomplish those goals. They help assist in various ways ranging from saving for retirement and investing to funding a new business, college and maintaining wealth. They are considered fiduciaries meaning they are bound legally to act in the best interest of their clients.

Types of financial planners

Financial planners can be categorized into three types based on how they are paid namely percentage-based, fee-based and fee-only financial planners.

Percentage-based financial planners

For this type of financial planner, they charged based on percentage. They collect a certain percentage depending on the assets they are managing. In most cases, they work with clients that have at least million-dollar assets in their portfolio and charge from 0.5% to 2%. Considering this type of planner might seem expensive but they will work to ensure the growth of your assets and investments since they collect a percentage based on the value of your assets.

Fee-based financial planners

They charge a flat rate for their service which can be based on the project, the assets they manage or hourly. So primarily their income is from what their clients pay them. They can sometimes also earn through commission when they sell certain financial products. It is advised to use them for certain services since they charge a flat rate so you don't have to worry about paying hourly. For individuals with simple financial situations who can easily manage their finances or those that just need general financial advice, the hourly financial service will be cost-effective.

Fee-only financial planners

When you compare this type of financial planner to the other two listed above it will cost you a lot more for upfront payment.

Advantages of financial planners

They help manage your retirement plans

They help manage reimbursement of complex student loan

They can help you with estate management

They help to ensure that you have savings for your children's college fees

They can be involved when your partner dies or is disabled

They also can be of help when you earn an inheritance

During a divorce phase, a financial advisor can be involved

If there is an IRS audit, financial advisors are of importance.

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How Chiropractic Care Benefits Infants?

 

According to Tom Gehrmann - chiropractor from Colorado Springs, during childbirth infants can experience certain physical complications and other problems such as trouble with sleeping, digestive problems and a misaligned spine. All these complications and problems can be treated with the help of a skilled infant or pediatric chiropractor, says Tom Gehrmann. A chiropractor is a professional medical practitioner who deals with the diagnosis and treatment of any problem related to muscles, bones, joints and neuromuscular disorders. Chiropractic on the other hand is referred to as alternative medicine that focuses on the treatment of the disorder in the neuromuscular system and the spine.

 

Many people are not aware of the benefits of chiropractic care for infants and toddlers and those that are aware are scared the treatment might not be safe for their babies. The good news is that chiropractic is safe for infants and can help them deal with problems that are related to colic sleep and other physical complications during birth. You should know that the type of techniques and adjustments performed on infants and children is gentler and more different from the one done on adults. Infants within the first few weeks of their birth can receive chiropractic care without any fear of being mishandled, says Tom Gehrmann Colorado Springs.

 

How Can Chiropractic Care Be of Benefits to Infants?

Infants' chiropractic care is full of benefits such as improving their mobility, bodily function, enhancing immunity and many other benefits which will be discussed in detail.   

 

1. Relief Colic Symptoms and Other Digestive Problems

Chiropractic care has proven to be effective in the treatment of colic and other related digestive problems. Infants can develop colic symptoms due to a digestive system that is underactive or underdeveloped. This makes babies uneasy, which is why they cry a lot as a result of colic. The problem can arise as a result of a misaligned spine which in turn leads to problems in the gastrointestinal system. Because the digestive system is underdeveloped it becomes difficult to cope with gas build-up and indigestion in the baby. Failure to release the gas is what leads to discomfort and abdominal pain. A chiropractor can use a gentle massage technique to stimulate a baby's stomach and other organs which will help prevent colic and other digestive problems in the body, says Tom Gehrmann Colorado Springs. The adjustment will help the digestive system of the baby to function well without any problem with gas and food movement.

 

2. It Enhances the Immune System

The health of the nervous system has a lot to do with the immune system of your baby. Misalignment in the spine can affect the immune system and the whole system of the body. The proper functioning of the nervous system and the spinal cord help to enhance the immune system as the body can fight against any pathogens effectively. A gentle adjustment of the baby's spinal cord can help the immune system to improve drastically as any problem in the spine, muscle and nerves can cause a malfunction in the body. For your baby to be protected you want to give him or her that treatment needed on time.

 

3. Improve Physical Development

Babies have to go through a lot of changes within a very short period as they grow and develop. As they learn to sit and lift their head without external support the lower back curvature and neck curvature start to form. Misalignment in the spinal cord prevents physical development and growth as the spinal curvature may not develop well. With chiropractic care, the spine can be aligned back to a position if there is misalignment which will help to improve proper growth, development and posture.

 

4. Reduced Risk of Injury

As babies grow, they reach a certain stage where they begin to crawl and eventually walk. As parents, we have to teach them how to walk and we also have to monitor them. Babies/toddlers are always excited when they begin to walk or crawl and this overexcitement might lead to them falling.

Babies fall a lot and this cannot be prevented every time. When they fall, either an outer or inner injury occurs.

Inner injury tends to be more dangerous than physical injury. The inner injury might be a strain on the nerves or spine and chiropractors are trained to discover that. It is advised to always visit chiropractic care. Treatment and prevention are always administered early if this is discovered.

 

5. Adjustment Of Misaligned Vertebrae

During pregnancy, the womb becomes a smaller place as the baby grows, especially at the last stage of birth. During birth, complications may also arise. When there is a misaligned vertebra in a baby, a Chiropractor discovers it on time and fixes it. Some babies' misaligned vertebra gets adjusted a few weeks after birth.

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How Financial Advisor Can Help with your Taxes?

 

According to Tom Gehrmann – financial advisor from Colorado Springs, tax money is mandatory contributions or financial charges by the government levied on individuals or companies so they can pay for public workers. Services like roads, schools, also programs such as social security, medicare, and pensions are paid using our taxes.

There are different methods to lessen the amount of taxes you pay monthly or yearly. One of the best ways is to employ an adequate professional financial advisor. You might wonder who is a financial advisor?

A financial advisor is a professional that helps individuals or companies to meet their long-term financial goals. It includes savings, insurances, budgets, estate and tax planning, pension, liabilities, assets, and others. A financial advisor is worthy of hiring because it adds value in growing our businesses and wealth such as:

 

●      Financial planning

●     Asset allocation

●     Rebalancing

●     Timing and withdrawal

●     Right investment and

●     Tax planning

Taxes are an inevitable part of entrepreneur life but when they feel like they are paying too much that's a problem. There is no reason to pay more than your fair share of tax and there are ways to minimize it and save your money.

In this article, Tom Gehrmann Colorado Springs gives some ways a financial advisor can save your tax money.

 

1. Diversifying Investment

One of the best strategies for tax is to have good investment. One of the best investment plans is diversification, it lowers your portfolio risk and generates more stable income, says Tom Gehrmann Colorado Springs. For instance, instead of only investing in one stock, try three or four. You can also move some of your investment into real estate.

By investing in a diversified way, you won't have a problem if one asset takes off and the other drops precipitously. The same approach can be used for tax diversification to save your tax money.

There are three boards of financial accounts which are recognized by the tax system, tax -free, tax-deferred, and taxable. Having all three tax systems is essential because of their advantages. A tax -free account is not utilized for short-term needs, it's a long-term investment often used for retirement funds. No taxes when withdrawing your investment and profit if you have met the rules that allow tax-free withdrawal.

A tax-deferred account is also a long-term investment but will be taxed when funds are withdrawn.

A taxable account is simple no-tax rules on when and how you tap your funds. It will pay much more but payment is immediate.

Maintaining a mix of taxable, tax-deferred, and tax-free accounts, a financial advisor can work with you to meet cash flow efficiently and save you some tax money.

 

2. Estate Planning

We all want to make an impact in our family by leaving something for them when we are gone. So, having estate strategies is very important. Estate state planning is likely the most essential aspect of tax planning on a professional level. The estate includes everything from homes, cars, furniture, tools to any money left unspent.

Family trusts, foundations, and other corporations are often used by financial advisors to reduce estate taxes. Currently, the law states that any estate with a worth lower than $10.5 million isn't subjected to estate taxes. They are subject to a capital gains tax.

 

3. Charity Donation

Charity donations are another common method used by the financial advisor to lessen taxes. Donating money to a non-profit organization is not only an honorable thing to do but it also lessens your tax budget.

Securities are donated directly to organizations by several investors because there are a lot of benefits, especially for a tax-conscious investor.

Make most of your donation in cash and to claim with the IRS you need to have proof such as a receipt. It also strengthens your tax record if you are audited.

All donations are not eligible for tax reduction except donations made to prescribed funds qualify or donations made in cash or cheque.

 

4. Dividends

One of the best ways to lessen taxes is dividends. A dividend is the allocation of cash or stock earned by a company to shareholders. It can be in cash, shares, property, scrip, bonus, or liquidating.

Dividends are mostly determined by the company board of directors. Corporate dividends are often paid after-tax business income. So, they are taxed at a much lower rate than salary or hourly wage by the government.

As a self-employed, moving your money from your business to your account will likely be of limited options. However, a financial advisor can help you structure your investment to help you earn a dividend instead of salary.

This can be complex, and it also depends on where you live and work. But a qualified financial planner will have up-to-date information with knowledge of the important law in your ci

 

5. Studying Old Tax

People often complain that the tax system is way too difficult for the majority of people to understand. Well, there is a lot of truth to the claims.

Yearly, money is left on the table by people who can't make use of every tax deduction they are qualified for. This happens when they don't have a proper understanding of the tax system.

But to have proper knowledge, the best option is to study the old tax return. Your financial advisor will also know what benefits you qualify for and will help you get it all, says Tom Gehrmann Colorado Springs.

 

The bottom line

Taxes can make an enormous difference in your post-retirement income. But paying a qualified financial advisor for advice and to help maximize your hard-earned retirement saving.

Originally Published

Chiropractic can be used for the Treatment of Foot Pain

 

Have you ever wondered why foot pain seems common to certain people? Well, you need to know that each foot contains 26 bones and nerves and the feet bear all the impact of a person's body weight each day. All this daily impact can affect nerves, bones, tendons, ligaments or muscle which can result in pain, says Tom Gehrmann. It is easy to make assumptions when you have foot pain rather than seeking medical attention or help. Some might assume that the pain is a result of being overweight, wearing tight shoes or high heels, walking or standing too long on feet which makes them opt for solutions that do not deal with their problem.

 

All those assumptions might be right and foot pain is not what can be prevented every time but chiropractic treatment can help you deal with the pain. When some people hear the term chiropractic what comes to mind is spine and back. In case you didn't know back and spine is not the only body part that can be treated by chiropractors. Before discussing chiropractic treatment for foot pain maybe we should quickly define the term chiropractic and chiropractors, says Tom Gehrmann.     

 

Chiropractic and Chiropractors

Chiropractic is considered to be an alternate medicine that deals with the diagnosis, prevention and treatment of misalignment in the musculoskeletal system. Chiropractors like Tom Gehrmann from Colorado Springs, are health professionals that make use of different non-surgical treatments to care for the patient's musculoskeletal system. 

 

Pay Attention to Your Feet

You know your body more than anyone else and how much pressure you put on your feet daily. Whenever you take a walk or exercise on a harder surface than what your body is used to you might feel pain because your shoe is old. Or as a result of having a misalignment. Once you notice any pain in your foot that seems to linger more than it should you might want to visit a chiropractor before the pain gets severe or worse. Chiropractors put your strength, stability, mobility, flexibility and body mechanics into consideration when diagnosing the cause of your pain. Which can help in eliminating the pain with the right treatment.

 

Foot Pain That Are Common

Foot pain can occur if there is any misalignment in any of the 26 bones in your foot. Whether the pain occurs in the bottom of the heel, top of the foot, side of the foot, arch of the foot, back of heel or ball of foot you can get lasting relief with foot adjustments from a good chiropractor. But the common pain in the foot can be as a result of the following:

 

Metatasalgia: this is a situation whereby there is a misalignment in the metatarsal bones that are present in the ball of the foot.

 

Calcium deposit: the depositions of calcium in the foot will cause pain.

 

Pronation: the foot problem occurs when the arches are not strong enough to help the feet align well.  

 

Plantar fasciitis: This is a result of stress to the ligament that supports the arch of the foot. A strain in this ligament will cause inflammation, pain and swelling. 

 

Other Foot Problem A Chiropractor Can Treat or Help With

 

Ankle sprain: sprain in the ankle is sometimes overlooked as something that is not serious. The truth is it can be more complicated than it looks. An ankle sprain can affect the bone, muscles and tendons and if proper treatment is not taken it can result in the talus bone not returning to its position as the ankle recover. With the help of a chiropractor, the bone can be adjusted to ease ankle recovery or healing. And proper instructions will be given to the patient on how to rest, apply ice, compression and elevate the ankle.

 

Flat feet: those with this problem doesn't have the arch of the foot which means when they stand their whole foot touches the floor or shoes they wear. A flat foot is a condition that occurs during the early stage of child development but ageing and injury are contributing factors in adults. A chiropractor can give exercises to the patient that can help the arch to naturally increase and some manipulation on the feet. 

 

Achilles Tendinitis: This is a result of failing to do warm up first before doing any physical activity. When this happens, you can get the correct stretching exercise you need to deal with pain from a chiropractor.

 

Arthritis: I am not saying chiropractors can cure arthritis but they can help reduce the swelling through the manipulation of the toes, ankle and foot.

 

Lastly

As you can see chiropractic can be used for the treatment of foot pain. Though foot pain cannot be prevented the pain has to prolong. According to Tom Gehrmann, you should consider chiropractic techniques after trying some home remedies and medication and there is no improvement.

Originally Published

Defining Sales Management

 

Tom Gehrmann from Colorado Springs, an independent business consultant defines sales administration and methods to improve it. He offers his services in Colorado, USA.

Sales managers are tasked with controlling sales, sales processes, and strategy. He also implements these to generate many sales. He helps other workers achieve the set objectives and targets.

 

Sales Management Methods?

The strategies involved in managing sales vary for everyone, brand, and products. They depend on the amenities, personnel, and commodities they sell.

The processes involved are:

 

1. Create Compensation Policies:

Sales managers must have compensation plans for the workers and buyers. Staff salaries, bonuses, commissions, and return policies should be reserved. Commission, good salaries, incentives encourage workers to make sales. It cultivates good working environments within the team. Sales representatives will not force new buyers to get more commissions. They will treat old customers well. Your current customers will stay, and new customers will come back for more. Return policies and gifts for buyers ensure that they turn into return buyers.

Make a plan for the firm to thrive and get the necessary resources needed to aid that plan.

 

2. Establish Sales Targets:

Setting up objectives and revenue targets give direction to the teams and representatives. They are like glues that bind everybody together. It gives each worker a sense of responsibility.

Assign a pastime, task, and revenue targets to each member. You may give workshops if possible to the reps. Carefully explain the revenue goals and expectations to the work teams and the entire department. This will make them comprehend and learn their duties.

 

3. Educating Fresh Workers and carrying them Along:

Sales managers must do these. More than one person from the sales section may be tasked to instruct fresh staff. They also have to carry the staff along. Although, the managers should be among the trainers.

Sales managers teach the new representatives. They give them equal details about the commodities and the organization that employed them, says Tom Gehrmann from Colorado Springs. They enlighten the staff on the business operations, rules, and policies. He equips them with the knowledge of the customers who buy their goods. The knowledge helps the fresh workers to properly handle their customers.

The managers need to teach the new workers the application of the company's preferred digital tools. They set up an account for each rookie on the company's chat platform. These unique abilities and knowledge will boost their confidence. The workers can expertly attend to their buyers without problems. They will realize how to relate with customers based on their tastes or needs. Then they can sell products to the appropriate customers. This in turn will lead to more sales and more profit.

 

4. Motivate Your Company's Sales Representatives:

Never put your junior workers down with bad words. Encourage them with good words. Advise them when they are down. This will motivate them to do more. Your workers can turn a bad situation into a good one with your encouragement.

It is common for customers to be rude to sales representatives. If such a situation occurs, let the sales representatives know it is not their fault. Do not be harsh on them. If you notice one of your workers looks sad, ask him/her why.

Creates events to encourage team building among the representatives. You can have a camp day, sports day, and lunch dates with the workers. Talk to them to know if they would like to change anything about the way you relate with them.

 

5. Be a Middleman between the Leaders in The Company and The Sales Representatives:

Sales managers have higher positions than the representatives but lower positions than the leaders. So they negotiate with the leaders and the sales representatives. You are the spokesperson for the sales representatives. If the leaders maltreat the sales reps or deny them their rights, you speak for them.

You might even have to tell the leaders to increase their salaries, give promotions, and bonuses. When all these are in place, reps get motivated. This will boost the sales and revenues of the firm.

 

6. Document Sales and Revenues:

The sales manager must examine sales reports. He also has to crosscheck the profits made from the sales. He then compiles the data, does data analysis, and reviews the reports, says Tom Gehrmann from Colorado Springs. These will determine if the representatives are doing well on their assigned posts.

Call the representatives and go through the reports together. Show them their sales growth. This will let them know the areas they need to improve on. It will also show them what they are doing right.

Sales reports are to be given to the company's leaders too. It is to let them know the company's sales growth. If the leaders are not satisfied with the reports, they send feedback to the sales manager. In the feedback, they will state how to improve the next sales. They can also decide to change the current sales strategy.

 

Conclusion

In conclusion, a company cannot do without the Sales Management Department. They are vital for the firm's growth.

Originally Published

Thomas Gehrmann | Tips to Strengthen your Bones

 

According to Thomas Gehrmann, bones are essential for the body as it helps protects the body organs and muscles while providing structure and storage of calcium. While growing up, our bones go through metabolism where they break down old bones and grow new ones faster to increase their mass. As we grow older, the bone mass reaches its peak and begins to lose more bone mass than it gains. Therefore, building a strong bone while growing up is very essential as it helps keep your bones healthy and protected.  

 

Many people develop osteoporosis early in life, a bone condition where the body produces little bone, or losses many bones. This can result in a weak and brittle bone that often breaks from a fall or bumps because of an unhealthy lifestyle. “Your middle-age years is an opportunity to build strong bones and correct any unhealthy habit that can affect your bones when you get old,” says Thomas Gehrmann. Adjusting now will help you live a pain-free life when you get old and prevent you from surgery. 

 

Read on as Thomas Gehrmann, a licensed chiropractor living in Colorado Springs takes us through tips to keep your bones healthy. 

 

Risk factors Related to Bones

 

1. Calcium Intake

Inadequate calcium intake lead to a reduction in bone density and an increase in bone loss. 

 

2. Age

As we grow older adults, our bones reduce in mass and become weaker.

 

3. Genetics

You are more at risk if you have a family history of osteoporosis. 

 

4. Diseases

Diseases such as food disorder, arthritis, anorexia, Crohn’s disease, and many more reduces the body’s ability to absorb calcium which often leads to bone loss says Thomas Gehrmann.

 

5. Drugs

The intake of drugs such as cortisone, phenytoin, phenobarbitone, dexamethasone, and many more results in bone damage. 

 

How do you keep your Bones Healthy?

Here are tips for healthier, stronger bones:

 

1. Exercise your Body 

Doing weight-bearing such as walking, climbing, or jumping helps to build strong bone mass and healthy bones. Resistance exercise such as lifting or pulling weight also promotes overall health and helps to maintain good bone. 

 

2. Change your Lifestyle

·         Stop smoking: Research has shown that smoking leads to loss of bone and smokers show an imbalance in bone mass which increases the risk of bone breakage.

·         Reduce your alcohol intake: A regular assumption of alcohol increases the risk of bone fracture, and reduces bone density. It also interferes with how the body regulates and absorbs vitamin D and calcium says Thomas Gehrmann.

3. Increase your Calcium Intake

Calcium helps to build healthy bones and reduces the risk of osteoporosis. 1000 mg is the calcium intake daily recommended between the age of 19-50 and 1200 mg above the age of 50. Food like oatmeal, beans, vegetables, and fruits such as nuts are a great source of calcium. Seafood is also packed with protein, calcium, and a great source of fatty acid that enriches the body. The addition of whole milk or yogurt to your oatmeal gives it an extra boost of calcium important for your bone mass. 

Read More: https://thomasgehrmann-chiropractor.com/chiropractor-tips-bones-healthy

Tips to Prevent Leg Cramps at Night

 

According to Chiropractor - Thomas Gehrmann from Colorado Springs, leg cramps are uncontrolled spasms in the muscles of the leg that may be painful. They typically occur in the calf muscles, though they may also appear in the thighs or feet.

Much of the time, simple stretches may help ease the cramped muscles. There are also other treatments and prevention methods to try. Anyone dealing with leg cramps regularly should see a doctor for a full diagnosis.

What are Leg Cramps?

Leg cramps are involuntary muscle spasms anywhere in the leg, though they are most common in the calf says chiropractor - Thomas Gehrmann. The muscle tenses up, causing discomfort or moderate to severe pain and tightness in the area.

Nocturnal leg cramps may also lead to other issues. They can disrupt sleep and break up a person’s sleep cycle, which can make them feel tired or lethargic the next day. Leg cramps may make it very difficult to fall asleep, and this could lead to issues such as insomnia over time.

Causes of Leg Cramps

1. Tired Muscles

The research available suggests that muscle fatigue is a primary cause. Athletes are more likely to get leg cramps after doing higher than normal levels of activity.

2. Inactivity during the Day

Another leading theory is that sitting for an extended period, such as while working at a desk, may cause the muscles to shorten over time.

3. Body Position

Sitting or lying in a certain way that restricts movement or blood flow to the legs, such as resting one leg on the other or with the legs crossed, may lead to cramps.

4. Pregnancy

There may also be a link between pregnancy and leg cramps at night. This might be due to the increased nutritional demands or hormone changes in the body during pregnancy.

Prevention Leg Cramps at Night

Preventing leg cramps in the long term may be the best option for some people, though this is not always possible says Thomas Gehrmann.

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