Worried that your financial strategy is Missing Something?
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Is Strategic Wealth Designers proprietary financial planning and analysis review software. Utilizing our Blueprint, we will examine your current financial situation and retirement plans in order to analyze your risk, fees and best determine your retirement needs. Once ran, clients receive a customized retirement planning strategy with tailored financial help designed for you and your unique retirement goals and situation, putting you on a path to achieve your desired retirement.
We offer services in these areas:
Retirement Income Strategies
Retirement income strategies are not just for the wealthy. As retirement nears, the traditional strategy has been to move growth-seeking products to more conservative, fixed-income products.
The longer you invest, the more potential your money has to compound interest. If your portfolio has not fully recovered from losses in recent years, you may wish to consider a more aggressive allocation to make up for lost ground and get back on track to accumulating wealth.
Diversifying your retirement assets among a variety of vehicles — both through insurance products and investments, depending on what is appropriate for your situation — may offer you the best chance of meeting your retirement income goals throughout your lifespan.
When shopping for life insurance, consider needs such as replacing income so your family can maintain its standard of living, as well as paying for your funeral and estate costs.
Today, the majority of the burden for retirement income seems to have shifted to the individual. For this reason, you may want to consider ways to receive a fixed income component to your retirement strategy.
Tax Minimization Strategies
Rising taxes may be a concern for many individuals approaching retirement. It may be important to incorporate tax planning into your financial decisions.
As the oldest baby boomers begin to wind through their 60s, one of the biggest concerns may not be outliving income, but outliving good health.
IRA & 401K Rollovers
Rolling over from one qualified plan to another qualified plan allows your money to continue growing tax-deferred until you receive distributions in retirement. Our financial advisors can help you determine if a rollover is the right move for you.
IRA Legacy Planning
IRA accounts have become one of the largest types of assets inherited by beneficiaries. If you don’t anticipate needing your IRA money in retirement, you may wish to consider a legacy planning strategy that potentially reduces taxes and potentially increases the payout your beneficiaries will receive upon your death.
Ready to Take The Next Step?
For more information about any of our financial services listed here, schedule a meeting today or join us for an event.