What We Do

Retirement Income Planning

Your retirement income needs should be estimated based on your individual characteristics, not using some general rule of thumb. This will allow your projections to be as accurate as possible. Crucial retirement income planning choices include when to begin taking Social Security, how to take your retirement benefits (in an annuity or a lump sum), how much to withdraw from your personal assets, and whether or not to work part-time during retirement.

Social Security Planning

Social Security was never intended to be your only source of income when you retire. Proper planning can allow you to maximize your resources and reduce risks. In general, Social Security will replace about 40% of your current income; if you earned the maximum, the replacement factor is about 26%.

Risk Management Services

Most people understand the benefits of planning for the future, such as a college education and retirement, which are pleasant scenarios. Risk management plans for the unexpected, and is often associated with tragic events. Proper planning can answer some “what if’s”, such as what if you died today or became disabled, would your family be able to maintain the lifestyle you wish for them?

Financial Review Check-Up

The check-up is designed to catch problems before they occur and measure progress toward your established goals. During this process, we can help you make any necessary adjustments in response to the ever-changing world. Some of the topics we cover include cash flow management; life, health, long term care, and disability insurance; income tax planning; risk management; general and retirement accumulation; and legacy planning that will allow your assets to be passed on to our desired heirs.

Pre 59 ½ Retirement Solutions

Employees changing employers or being terminated have options in dispersing their qualified retirement plans. You do not have to just leave it with your previous company. However, care must be taken in making the correct decisions, especially if you are under the age of 59 ½, to help avoid any additional tax penalties.

Legacy Planning

How do you want your assets to be passed on to your family, a charity, or other persons? Do you have a plan, a will, or instructions? If not, state laws will dictate it. Our approach, utilizing your attorney and other advisors, is to start the dialogue in resolving this important decision.