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Family Financial Planners Owatonna MN

Local resource for family financial planners in Owatonna. Includes detailed information on local businesses that provide access to financial expertise on money saving guidelines, household budget planning, wasteful spending elimination, daily expenditure control, retirement planning, prepaid tuition plans, higher education planning, and home equity loans, as well as advice and content on how to save money.

Joshua Willour, CFP®
(507) 444-4101
125 28th St. NE Ste. 2
Owatonna, MN
Firm
Northwestern Mutual
Areas of Specialization
Asset Allocation, Business Succession Planning, Comprehensive Financial Planning, Estate Planning, Insurance Planning, Investment Management, Long-Term Care
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: $100,001 - $250,000

Profession: Self-Employed Business Owners

Data Provided By:
Mr. Robert D. Simpson, CFP®
(507) 334-9274
1121 25th Ave NW
Faribault, MN
Firm
Robert Simpson & Associates
Areas of Specialization
Retirement Income Management, Retirement Planning, Social Security Planning
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: $100,001 - $250,000

Profession: Not Applicable

Data Provided By:
Mr. John R. Reher, CFP®
(507) 334-1821
211 1st Ave NW
Faribault, MN
Firm
Ameriprise Finl Advisors
Areas of Specialization
Asset Allocation, Estate Planning, Investment Planning

Data Provided By:
Wells Fargo - South Oak
(507) 455-9665
1400 S Oak Ave
Owatonna, MN
Type
Branch
Office Hours
Mon-Fri 07:30 AM-06:00 PM
Sat 08:30 AM-02:00 PM
Sun Closed

Wells Fargo - Westside
(507) 334-3620
300 Western Ave Nw
Faribault, MN
Type
Branch
Office Hours
Mon-Fri 08:00 AM-06:00 PM
Sat 08:30 AM-02:00 PM
Sun Closed

Mr. Thomas G. Dufresne, CFP®
(507) 444-0901
1850 Austin Rd Ste 104
Owatonna, MN
Firm
Ameriprise Finl Advisors
Areas of Specialization
Comprehensive Financial Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $50,001 - $100,000

Profession: Not Applicable

Data Provided By:
Mr. Robert A. Cooper, CFP®
(507) 334-7433
1803 Legacy Drive
Faribault, MN
Firm
Capital Management Associates
Areas of Specialization
Charitable Giving, Comprehensive Financial Planning, Divorce Issues, Education Planning, Employee and Employer Plan Benefits, Estate Planning, Insurance Planning

Data Provided By:
US Bank - Owatonna Office
(507) 444-2200
132 W Broadway
Owatonna, MN
Drive Up Hours
Mon 07:30 am to 05:30 pm
Tue 07:30 am to 05:30 pm
Wed 07:30 am to 05:30 pm
Thur 07:30 am to 05:30 pm
Fri 07:30 am to 05:30 pm
Sat 08:00 am to 12:00 pm

Wells Fargo - Owatonna
(507) 451-5670
101 N Cedar Ave
Owatonna, MN
Type
Branch
Office Hours
Mon-Fri 07:30 AM-06:00 PM
Sat 08:30 AM-02:00 PM
Sun Closed

US Bank - Blooming Prairie Office
(507) 583-6627
236 E Main St
Blooming Prairie, MN
Drive Up Hours
Mon 08:00 am to 05:00 pm
Tue 08:00 am to 05:00 pm
Wed 08:00 am to 05:00 pm
Thur 08:00 am to 05:00 pm
Fri 08:00 am to 05:00 pm
Sat 08:00 am to 12:00 pm

Data Provided By:

Financial Planning Before Pregnancy

Financial Planning Before Pregnancy

Making the decision to return to work or be a stay-at-home mom after your baby's birth is a difficult one. Also, determining what your insurance will cover, finding out about your company's maternity leave policy, and even budgeting for diapers and clothing can be stressful. The earlier you begin planning these things, however, the better it will be for you and your family. Here are some tips to get your finances in order before you get pregnant.

Your Family's Income

If you and your partner both work, your finances can take a hit if you plan on staying home with your baby after the birth. The first step is to talk with your partner, and write down all of your current income and expenses. Now, calculate how feasible it will be to cover these expenses with only one income, as well as the costs of raising a child. Try to set aside money each month to prepare for pregnancy and parenting.

Health Insurance And Pregnancy

It's essential that you look into your health insurance plan before you get pregnant. Some health insurance plans won't cover prenatal care and testing, while others will even pay for midwives or doulas if you choose. You need to be thorough what about emergency C-sections, or newborn care after the birth? If you don't check the policy carefully now, you may be faced with some unexpected and expensive surprises during your pregnancy.
If your current plan leaves a lot to be desired, you can switch health insurance coverage to a lower cost plan. Women who are already pregnant when they switch plans need to make sure that the insurance covers pre-existing conditions. For lower income families, there are community programs in place that will provide low-fee insurance coverage for mothers and newborns.
Don't forget about life and disability insurance planning. If something happens to you, you want your baby to be provided for. You may have life insurance or long-term disability insurance...

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