overview

WHAT IS FINANCIAL PLANNING? In a nutshell, Financial Planning is thinking about your financial needs and implementing an action plan to help achieve your goals. Everyone’s needs are different so there is no one general financial plan – a trusted financial advisor should tailor each plan to a specific individual or family.  Some of your available financial options may include annuities or other income vehicles, retirement plans, estate plans and trusts, college plans, small business plans, life insurance, long term care insurance, tax-reduction strategies, life insurance, investment management, and charitable giving.

Click on the relevant link to the right for specific information about each of these options. 

If you are retiring soon or are already retired, you may be wondering if you’ll have enough money to live on in the style you want. Some of the financial services retirees think about are Income Vehicles such as annuities or bonds; Retirement Accounts, such as a Traditional IRA, Roth IRA, Simple IRA, SEP-IRA, 401(k) and profit sharing, 403(b), 457 (deferred compensation), or a 412(i); Retirees may also want to think about long-term care insurance, tax-reduction strategies, life insurance, investment management, estate planning and trusts, charitable giving, and life settlements.

Why would a retiree want to think about life insurance? It may be a valuable strategic tool in estate and tax planning.     

Click on the relevant link to the right for specific information about each of your options or Click here to request a confidential, no obligation meeting.

 

Do you have a family, are you working, do you have aging parents? Any of these factors may influence your financial future. If you have a young family, you may want to consider life insurance so your family will be taken care of if something happens to you. If you have children who will likely attend college, you may want to consider college planning. If you have aging parents, you may want to talk with them about long term care insurance and legacy planning. If you work or own a small business, you may want to think about retirement plans, such as an IRA, a 401(k) and profit sharing, or other tax-reduction strategies.

 

For retirement plan definitions, click here.

 

Click on the relevant link to the right for specific information about each of your options or Click here to request a confidential, no obligation meeting.

* Investing may involve risks and can result in loss of principal. Investors should carefully consider the objectives, risks, charges and expenses of a product before investing.