Wealth Planning is essential for every person who wants to reach any financial goal, no matter how large or small. Perhaps you want to buy a home, send your children to college, take a 21-day cruise, expand your business operations, or simply live your dream retirement lifestyle. Without planning, you are only wishing your time away.

A comprehensive plan should address your individual financial personality and cover the following facets of financial planning:

The major categories of financial planning are enumerated below:

Retirement
Retirement planning has certainly changed over the decades. Our grand-parents’ generation worked for companies for 30, 40, even 50 years or more, and were rewarded with pensions and/or defined benefit programs. Combined with Social Security benefits, this was enough to keep them comfortable. Today, the burden lies with us to contribute and save for our retirement — our employers do not want to do it anymore, and Social Security may or may not be available to you when you retire. How do you know how much to save? How do you know what you’ll need? How do you know if your retirement goal is realistic and achievable? By engaging our services, you will not only find the answers to these questions; you will receive a road map showing you how to get there, and we will guide you along the way.

Employer Retirement Programs can be split into two categories: defined-benefit and defined-contribution plans. Some employers also offer deferred-compensation plans, tax-sheltered annuity (TSA) plans, and individual retirement account (IRA) plans. Each of the aforementioned plans allow pre-tax dollar investments and tax-deferred growth. The ROTH IRA allows after-tax investments with tax-free earnings at withdrawal. If you have changed employers or plan to retire soon, an IRA rollover may benefit you. We will work with you on these options to develop a plan that will help you realize your retirement lifestyle.

Page 1 | Page 2