“The goal is to help you find your financial freedom.”
This web site is about YOU, YOUR MONEY and YOUR LIFE. The menu bar across the top will guide you toward ideas you can perhaps use in your life. My blog posts reflect how I think and what I believe my friends and clients will find useful. Don’t ever hesitate to make a comment and tell us what is important to YOU.
My professional focus is helping people navigate the transition to retirement. As with so much of life, it’s complicated. Here are the four ideas I would have you think about first.
1. Maximizing Social Security.
As people think about retirement, they realize Social Security is a critical part of their monthly income. When is the best time to apply for benefits? What are the penalties if you claim your benefits before your Full Retirement Age? What are the tax implications if you claim benefits too soon? What can you expect to receive if you live to be 90 or longer? You need to get in touch with us to help you make the best choice for you and your family.
2. Investment Management and Advice.
Whether you are just starting to think about retirement or are retired already, managing your money well is always an issue. Perhaps I can help.
- What’s the best way to grow your money without taking too much risk?
- How much should you pay someone if you’re not ready to do it all by yourself?
- How much will you need to maintain your standard of living in retirement?
- What can you do to avoid running out of money before you die?
I embrace the idea of being a fiduciary, an advisor committed to doing only what is in your best interest. I’ve also got over 40 years of experience, so have a good idea what works and what doesn’t. You’ll find I’m transparent and open about ethics and my responsibility toward each and every client.
3. The Financial Risk of Long Term Care
The term long-term care (LTC) has been in use for a very long time. At one time, the elderly and infirm were shipped off to old age homes or rest homes for their care. The modern definition of LTC encompasses a wide range of assistance and support services provided over an extended period, which are designed to meet the medical, personal, and social needs of those who cannot fully support themselves. Whatever the case, it costs money, and sometimes a lot of it. There are many strategies and tools to help you manage those costs, and hopefully leave something behind for your surviving family members.
I recently wrote and published a book describing what is known as a Captive Insurance Company. The idea is intended for small business owners across dozens of industries. It also works for professionals, such as CPAs, attorneys, physicians and professional athletes. If this describes you, there is now a creative and accepted way to save more of what you earn.
It’s a little known financial strategy, long since OK’d by the IRS, that results in money spent and deducted as a business expense to re-appear and be accessible at a later date and have a favorable tax treatment.
You can use it down the road to support your retirement, indemnify your heirs, or any number of other good things. Click the book title above or the image to learn more. (Use coupon code WC49D and get your copy at no charge.)
This site is a work in progress, so don’t hesitate to comment and tell us what is important to you as you plan for the future.