Retirement planning should be dynamic. Family situations change. Health issues may arise. Living costs fluctuate. Your projected financial needs in retirement need to be evaluated and addressed on an ongoing basis. And it’s important to plan for income distributions during retirement far in advance to maintain portfolio growth and minimize tax consequences. One way we may help you do this is by segmenting your assets into safe, liquid short-term investments and long-term investments with higher growth potential.
Our advisors at Profitpulse have guided hundreds of clients through the worries and decisions that come with planning for retirement. Retirement should be a joyous time and our advisors are eager and ready to guide you.
Profitpulse Financial Services advisors don’t focus on investments. We focus on you. We take a client-centered, holistic approach to coordinate all the services you need to manage your money and create a plan to meet your family’s current and future needs. We’ll consider investments from stocks and bonds to annuities and alternatives. We’ll review retirement plans and company stocks. And we’ll address college funding, if need be. Once we create a plan together, we’ll meet regularly to update your goals, review and rebalance your portfolio and determine whether additional services are needed.
No matter how well you’ve saved and how well your portfolio has performed, events beyond your control could put what you’ve achieved at risk. We’ll help you develop a sound insurance strategy to protect your family from potential events that could threaten your family’s financial security. Together, we’ll consider liability, disability, life and long-term care insurance, as well as annuities to create a strong base to protect your assets and your loved ones at the best available cost.
Today, saving for both retirement and college can be more challenging than ever. In part, because people are living longer – which means more money has to be set aside for the added years you can expect to live. In addition, many parents are waiting longer before starting a family – and that means fewer years between their children finishing college and normal retirement age. Add in already high college costs and it becomes evident that, for most parents, saving for your own retirement and your children’s college education can be a daunting task to accomplish. However, with some careful planning, it is possible to take the sting out of college costs and save more for retirement.
Philanthropy can be a complicated process. There are questions related to taxation, contribution limitations, structure and list goes on. When you are ready to consider giving and your legacy, you’ll surely have questions. Quest Financial advisors can answer these questions and craft the giving plan that works best for your life, lifestyle, and legacy goals.
Building and reserving greater wealth requires careful and consistent tax planning throughout the current year and for the years to come. Some taxes can be deferred; others can be managed with tax-efficient investing. We can work with your tax professional or a CPA in our network with the goal to minimize taxes from capital gains and income distribution plans; to make the most of tax-advantaged college saving, health saving and retirement accounts; and to create gifting and wealth transfer strategies to preserve your legacy.
