Tag: Investment Planning
Mike and Ben on Tax Planning with Holistiplan (Ep. 11)

Mike and Ben on Tax Planning with Holistiplan (Ep. 11)

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Taxes may be inevitable, but they don’t have to drain your wealth. Here’s how to turn them into a powerful tool for financial growth 💡

Mike Milligan, CFP® teams up with Ben Birkin from Holistiplan to reveal how this powerful software is transforming tax planning from a headache into a strategic advantage. It’s not just about lowering tax bills—it’s about turning tax strategies into a key driver of long-term wealth.

Holistiplan cuts through the complexity, giving financial advisors the tools to deliver clear, actionable tax insights that put more money back in clients’ pockets. And since taxes are often one of life’s biggest expenses, smart planning can make all the difference.

The real takeaway?

Advisors who integrate Holistiplan aren’t just checking a box. They’re offering clients a customized roadmap to financial well-being, turning tax planning into an opportunity for real growth.

Key Highlights:

  • How a midlife career shift inspired the creation of Holistiplan, now trusted by over 5,000 firms
  • The key benefits of Holistiplan: simplifying tax reviews while providing actionable insights
  • How Holistiplan’s solutions align with the latest trends in tax planning technology
  • The tangible benefits: How proactive tax planning empowers clients to optimize their lifetime income
  • How Holistiplan fosters stronger client relationships through transparency and trust
  • The collaboration between Ideas by Mike™ and Holistiplan (delivering a unique, client-centric service)
  • And much more

Connect with Mike Milligan, CFP®:

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This is Ideas by Mike™ (Ep. 10)

This is Ideas by Mike™ (Ep. 10)

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Imagine a financial plan that not only builds your wealth but also enriches your life.

This week, Mike reflects on the values he learned from his grandmother’s sandwich shop — values that now shape his approach to financial planning. 

For Mike, wealth is more than money. It’s about aligning your finances with what matters most, like a secure retirement, supporting loved ones, or giving back.

So, his takeaway? 

Start early, focus on what’s important, and partner with someone who understands that true wealth serves your life, not the other way around.

Key Highlights:

  • Lessons from Mike’s entrepreneurial grandmother and their lasting impact
  • Why aligning your money with your values is essential for financial success
  • How integrating health and wealth creates a balanced, fulfilling life
  • The key areas of financial planning (taxes, retirement income, investments, long-term care)
  • Ways tools like HolistaPlan, Halo, and Snug simplify and enhance financial planning
  • A real-life case study: How Mike helped a high-earning family reduce stress through smart planning
  • Practical advice for beginners
  • And much more!

Resources:

Connect with Mike Milligan, CFP®:

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This is Legacy Planning (Ep. 9)

This is Legacy Planning (Ep. 9)

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Legacy planning is more than just dividing up financial assets; it’s about preserving the values, traditions, and harmony within a family.

This week on Ideas by Mike™, Mike Milligan, CFP®, highlights the importance of this often-overlooked step in his unique financial planning approach. 

By incorporating SNUG — a powerful platform designed to streamline the organization of essential documents, final wishes, and family legacies — Mike empowers families to face the emotional and practical challenges that come with losing a loved one with greater ease and confidence.

Key Highlights:

  • How legacy planning is the final piece of a comprehensive financial strategy, working alongside tax planning, retirement income, investment, and long-term care
  • The importance of preserving more than just financial assets — ensuring family stories, values, and traditions live on
  • SNUG and its unique benefits in simplifying the organization of critical documents, wills, and final wishes to avoid disorganization after death
  • Real-life stories that highlight the emotional and practical burdens families face without a proper legacy plan
  • And much more!

Resources:

Connect with Mike Milligan, CFP®:

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This is Investment Planning (Ep. 7)

This is Investment Planning (Ep. 7)

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Investing is an important piece of retirement planning, but there is much more to it than just picking “the right” stocks.

This week on Ideas by Mike™, Mike Milligan, CFP®, breaks down the third step in his one-of-a-kind financial planning processes, investment management. Mike explains the importance of setting specific goals and developing strategies to achieve those goals through investments. 

But that’s not everything! He also emphasizes the need for diversification and risk assessment in investment portfolios while highlighting common mistakes people make in investment planning.

Mike covers: 

  • Why tax planning is crucial for your financial health
  • How to create a sustainable retirement income plan
  • The importance of diversification when it comes to crafting an investment plan
  • Common investment mistakes and how to avoid them
  • And more!

Resources:

Connect with Mike Milligan, CFP®:

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