Retirement planning is making sure the financial path you’re on will lead you where you want to go. In the past, retirement was easy. Social security and a pension were all you needed. You had savings and a CD that you held in case of an emergency. Today, Social Security just isn't enough. Pensions are quickly becoming a thing of the past and it has fallen on our nest egg to generate what we need to live. We are living longer, health care costs continue to climb, and expenses rise with each passing year. Our team can design and implement a retirement plan customized with your goals in mind. Whether you’re trying to build your assets or protect what you have, we can show you a variety of options to help you succeed. We believe that you should have a proper balance of both risk and protected accounts. A good retirement plan should incorporate effective investment, cash flow, estate, and tax planning strategies. These strategies provide peace of mind and help maintain a comfortable standard of living throughout retirement. We want to make sure that your assets last as long as you do and ensure that any remaining assets are passed on as efficiently as possible. We also believe that a good retirement plan does not have to be complicated to be effective.
For most of us, the purpose of building assets is so that one day we might be able to slow down and enjoy the fruits of our labor. We want to make sure you have enough and are able to maintain your lifestyle, be independent, self-sufficient, and, most importantly, not be a burden to your loved ones. We want to make sure those who rely on you are taken care of after your passing. Our philosophy is to add predictability and guarantees to the wealth building process. We employ both traditional and alternative methods to grow your assets. From guaranteed pension builder programs to professionally managed accounts, we cover the full spectrum of financial opportunities. As an independent firm, we work to provide the best possible solutions for your accumulation needs. Since fees can be a major risk to the success of your portfolio, we always try to identify and eliminate unnecessary fees.
Cash Flow Planning
In mountain climbing, many think the goal is to reach the top of the mountain. In truth, the goal is to make it back down the mountain safely. The same can be said of retirement planning. Most financial advisors focus on building assets, “climbing the mountain.” But all too often, they miss the mark when it comes to turning those assets into income for the rest of your life and “getting you back down the mountain.” We specialize in retirement planning. Our job is to make sure you don’t outlive your assets. A predictable, guaranteed paycheck in retirement is critical. We have learned from the lost decade that market volatility can be a wrecking ball to the income you receive in retirement. A properly designed plan with a combination of both protected and risk elements can help deliver what is essential and hedge for future inflation. We will develop a written cash flow plan that will provide predictability and guarantees for the rest of your life while accounting for your loved ones.
Our team will review and analyze your current portfolio of stocks, bonds, mutual funds, variable annuities, and other investments. It is critical to completely understand how your investments work. We strive to help you identify the fees that you pay, overlap in your portfolio, and the unnecessary risks you may currently be taking. We also take time to learn about you because we know when it comes to investing there is no “one size fits all” solution.
Navigating the federal tax code can be a difficult task. We work to ensure that your investments are positioned to take advantage of all the tax reduction strategies available. We will happily work directly with your CPA to make sure your portfolio is as tax efficient as possible. If you don't currently work with a tax professional, we have a network of CPAs ready to help. Whether you are looking to create tax-efficient retirement solutions or planning your legacy, our team of professionals is here for you.
IRA & 401(k) Rollovers
While it can make sense to take advantage of a match in your 401(k), leaving funds behind at a previous employer can be a mistake. You may also have the ability to move your current 401(k) to an IRA without incurring a tax penalty. We can run a full investment review to help identify potential problems in your current 401(k) and IRA accounts. We often meet with people who are paying too much in fees, are taking more risk than they really need to, and have investments that are not properly balanced. You may also be missing out on tax free alternatives to your IRA.
Wealth Transfer & Estate Planning
Passing wealth on is a key concern for many of the people we meet with. Looking for the most predictable and tax efficient method to transfer wealth to the next generation is a very important element in our planning process. We use time tested techniques to make sure your wishes are carried out.
Long-Term Care & Asset Protection
Will I financially survive what I physically survive? Those who develop serious health issues later in life and don't have Long-Term Care protection may be asking themselves that very question. An illness later in life can be one of the most serious risks to your nest egg. Our healthcare specialist can work hand in hand with you to help integrate a reasonable healthcare strategy to help you avoid this financial risk. Traditional as well as alternative asset-based programs can be quite affordable if structured properly. With a 50% probability that one spouse of a married couple will need some form of Long-Term health care at some point in their life, it's a safe bet that you will need a strategy in place to answer this need.