Check Out Our brochure – solutionsinretirement

CHECK OUT OUR BROCHURE

What We Offer:

The strategies for your future as a retiree are developed after your financial advisor forms a complete overview of the integration of all your retirement assets and their cooperation with one another. We make sure to include such insurance coverages as retirement annuities, to meet your financial goal the best we can. We can jointly work with tax experts and attorneys, to provide an in-depth analyzed financial strategy in a specific field.

At Solutions in Retirement , We Offer You The Following Services:

Retirement Income Strategies

Annuities

Life Insurance

Asset Protection

Tax Minimization Strategies

In Addition, We Can Refer You To Professionals Who Provide The Following Services:

Long Term Care

Estate Planning

IRA Legacy Planning

Trusts

Probate

Charitable Giving

IRA & 401(k) Rollovers

Note that your insurance professional is not permitted to provide tax, legal, or investment advice, and no statement contained document shall be construed as such. Any matter concerning the mentioned fields must be consulted with a legal or tax expert. If you need any guidance on your Security Holdings, turn to an agent or a registered stockbroker. Do not hesitate! Schedule a meeting to get financial advice by contacting us at “website.com” or calling “number”. We also provide information on the purchase of insurance coverage.

Retirement Income Strategies

Retirement Income strategies are for any retiree, regardless of their financial situation. The traditional saving vehicle strategies were to invest in growth-seeking products, however, the new methods adopt the strategy of moving forward to fixed-income products. Recent studies on life expectancy show that it has increased and the chances for a married couple to live to age 95 is now 50 percent. So to be secure about having a stable financial future, and to escape outliving your income you must have an annuity plan that will potentially last from 25 to 30 years.

With all these said only annuities designed for lasing a longer lifetime are worth the investment. Another interesting fact is that almost 61 percent of Americans are rather afraid of outliving their income, than of dying. There are high chances that loss in years whether prior to or past retirement impact the income of your annuities. And if the chances of recovering assets are high earlier in life, later in retirement they become very slight. The reason is very simple, the pool of assets sustained as a retiree decrease and so does the time of your asset recovery.

With us, you will form a retirement strategy that will guarantee long-term growth combined with stable income throughout your retirement years. That strategy will perfectly cooperate with insurance and annuity vehicles. * Guarantees are backed by the financial strength and claims-paying ability of the issuing company and may be subject to restrictions, limitations or early withdrawal fees. Annuities are not FDIC insured.

Your insurance professional is not permitted to provide tax, legal, or investment advice, and no statement contained document shall be construed as such. If you need any guidance on your Security Holdings, turn to an agent or a registered stockbroker.

Asset Protection

Including annuities in your financial strategies will make your experience more secure. Annuities are a form of insurance product that includes a guarantee, thus it is a source of additional income for you as a retiree. Due to the unreliability of the market, you may wish to incorporate guaranteed* income products into your financial strategies. Annuities, for instance, are insurance products with guarantees* that can provide additional income throughout your retirement. The protection of assets in the twenty-first century necessitates more than strategic asset allocation.

Implementing products such as annuities into your retirement income strategy can help secure* your finances from market declines.

The best way to ensure that your retirement income goals are met is to spread your assets across a wide range of options, including both insurance products such as annuities and investments, depending on your situation.

Guarantees are backed by the insurance company's financial strength and claims-paying ability. Your insurance agent is not authorized to provide tax, legal, or investment advice, and none of the statements in this document constitute such guidance. Regarding such matters, you should seek advice from a tax or legal expert. Refer to broker/dealer representatives and registered financial experts for advice on your investments.

Tax Minimization Strategies

Many people nearing retirement may be concerned about rising taxes. It may be necessary to consider tax planning when making financial decisions. Investing or purchasing a tax-deferred vehicle allows your funds to accumulate earnings tax-free for years, potentially allowing them to generate interest at a higher rate. Only a few financial vehicles completely escape taxation. Annuities allow you to defer paying them until retirement — when you may be in a lower tax bracket. Please be aware that withdrawals will decrease the value of the contract and any protection advantages. Additional withdrawals conducted within the withdrawal charge schedule of the contract will be subject to a withdrawal fee. All withdrawals are subject to ordinary income tax, and any taken before age 59½ may be subject to an extra 10 percent federal tax.

Your insurance professional is not permitted to provide tax, legal, or investment advice, and no statement contained document shall be construed as such. If you need any guidance on your Security Holdings, turn to an agent or a registered stockbroker.

Long-Term Care Strategies

As the oldest "Generation Jones" enter their 60s, one of their critical focuses would not be outliving their income, but rather outliving their health.

Home health care for retirees can cost over $50,000 per year, while nursing home care can cost up to $80,000 per year. Does your approach to retirement income prepare for this possibility? Would you be ready to pay twice as much as a married couple? Given that you may need to reduce your financial resources before Medicaid will cover long-term care, and that neither your employer group nor major medical insurance will cover long-term care, you may want to evaluate financial planning for these costs in advance.

We can help you analyze your situation and determine if purchasing a long-term medical insurance policy is the best way to ensure your financial security in the future.
1 Genworth 2012 Cost of Care Survey: Home Care Providers, Adult Day Health Care Facilities, Assisted Living Facilities and Nursing Homes: http://reversepartner.genworth.com/content/etc/medialib/genworth_v2/pdf/ltc_cost_of_care.Par.38432.File.dat/Methodology_gnw.pdf

2 MetLife: The 2011 Market Survey of Long-Term Care Costs: https://www.metlife.com/assets/cao/mmi/publications/studies/2011/mmi-market-survey-nursing-home-assisted-living-adult-day-services-costs.pdf

Your insurance professional is not permitted to provide tax, legal, or investment advice, and no statement contained document shall be construed as such. If you need any guidance on your Security Holdings, turn to an agent or a registered stockbroker.

Estate Planning

We can direct you to specialists who can assist with your specific needs. Estate planning is basically deciding what will happen to your assets after your death. Your intentions may not be carried out, and your loved ones may suffer unexpected consequences If you fail to have a properly structured estate plan. Although the concept itself is simplistic, the vehicles, planning, and deployment can be quite complex. Due to the estate tax rules and developing vehicles to help you preserve and distribute your resources properly, it is crucial to cooperate with competent estate planning professionals that advise clients on a daily basis and stay up to date with developments in this field. Your insurance professional is not permitted to provide tax, legal, or investment advice, and no statement contained document shall be construed as such. If you need any guidance on your Security Holdings, turn to an agent or a registered stockbroker.

IRA Asset Planning

Individual retirement accounts have become one of the most prevalent methods of inheritance among beneficiaries. For those who believe they won't need their IRA funds in retirement, a legacy planning strategy could lower their tax bill while also increasing the amount of money their loved ones will receive following their death.

It's possible that you'll want to withdraw part of the money from your IRA account in order to give your beneficiary (or beneficiaries) a steady flow of income, but you should make sure to keep the rest of the money invested so that it can grow tax-deferred. Consequently, your beneficiary may get much more money over the course of his or her lifetime. With us, you can get an evolution of your financing needs to decide if IRA legacy planning could assist you in achieving your objective of leaving your beneficiaries a lasting inheritance. Your insurance professional is not permitted to provide tax, legal, or investment advice, and no statement contained document shall be construed as such. If you need any guidance on your Security Holdings, turn to an agent or a registered stockbroker. Trusts

It can be difficult to set up and implement trusts because there are so many different ones for setting up. Trust, on the other hand, can be a very flexible and advantageous way to transfer your resources in the future. Most trusts can also offer welfare payments like tax deferral and deductions. A trust, unlike a will, may help you avoid probate after your death. Our knowledgeable estate planning attorney can help you understand more about trusts and how they can benefit your situation. We are delighted to assist you in this attempt. Your insurance professional is not permitted to provide tax, legal, or investment advice, and no statement contained document shall be construed as such. If you need any guidance on your Security Holdings, turn to an agent or a registered stockbroker.

Annuities

Traditionally, retirees could count on three sources of retirement income that were roughly divided into thirds. Traditionally, the three sources of income have been government-funded Social Security, employer-sponsored components, and private savings. In this typical case, both the government-sponsored and employer-sponsored aspects of the strategy were regarded as predictable – solid revenue sources that could also be adjusted for inflation, such as Social Security benefits. Only one-third of the plan, individual savings, was the individual's responsibility. Due to the transition of employer-sponsored plans from guaranteed pension payouts to more defined benefit contribution plans, which often result in a payout in retirement based on the level of employee involvement, the majority of the responsibility for retirement income appears to have passed to the person. As a result, you might choose to include a guaranteed* fixed income portion in your retirement strategy. Briefly said, adopting an annuity could help assure that a percentage of your retirement income is secured.

An annuity is a type of insurance contract that you acquire from a provider. Fixed and/or variable interest crediting options are available in exchange for the premium you pay, and these options can compound tax-deferred until they are withdrawn. This vehicle provides a range of guaranteed* payment options when you're ready to receive funds. Most annuities allow you to take an annual percentage of the contract value, up to a specific limit, from the value you've built up in the contract. Withdrawals, on the other hand, can lower the value of the life insurance, and excess withdrawals beyond the restricted limit usually result in "surrender charges" within the first five to fifteen years of the contract. Annuity withdrawals before the age of 5912 are subject to a 10% monthly charge, and all withdrawals may be liable to income taxes since they are intended to provide a long-term pension.

*Annuity guarantees depend on the financial strength and claims-paying capacity of the providing insurance company. Annuities are insurance products with premiums, surrender charges, and holding periods that vary by insurer. Annuities are not insured by the FDIC.
Your insurance professional is not permitted to provide tax, legal, or investment advice, and no statement contained document shall be construed as such. If you need any guidance on your Security Holdings, turn to an agent or a registered stockbroker.

Life Insurance

The people who are left behind are the ones who need life insurance, not the people who have already passed away. So while shopping for life insurance you should consider necessities such as replacing income so your family can continue their quality of living, as well as paying for your memorial ceremony and estate expenses. As a general rule, you should look for insurance that is five to seven times your total annual income. In terms of the many types of policies, they can be divided into two categories: term and permanent.

Term insurance policies are often called "endowment policies." The reason is that your beneficiary will only get the agreed-upon amount in case of your death during that period of time. And term insurance policies with a level premium mean that you pay the same amount of premium each and every day until the policy expires. On the contrary, as long as you continue to pay your rates, perpetual insurance coverage remains in existence.
Your insurance professional is not permitted to provide tax, legal, or investment advice, and no statement contained document shall be construed as such. If you need any guidance on your Security Holdings, turn to an agent or a registered stockbroker.

Probate

Probate is a legal process that oversees the transfer of your assets after your death, and it can be time-consuming and expensive to go through this process. The state will dictate what happens to your property if you die without a will or a trust in place. This circumstance is referred to as an intestacy in the law. A will or other legal estate planning may prevent your assets from going where you want them to if you pass away without any sort of directive. If you require the services of an experienced estate planning attorney, please contact us. Your insurance professional is not permitted to provide tax, legal, or investment advice, and no statement contained document shall be construed as such. If you need any guidance on your Security Holdings, turn to an agent or a registered stockbroker. IRA & 401(K) Rollovers When you leave one job for another or retire, you typically have four options for what to do with the assets in any employer-sponsored retirement plan you had previously held: Leave the money in place.
Take the cash (and pay income taxes and possibly a 10% federal penalty tax if you are under the age of 59½). Given whether the new plan allows or not you can move the funds to another employer's plan. Transfer the funds to an IRA. Continue to grow revenue by transfering it from one qualified plan to another qualified plan.

Your retirement income goals might be met by finding the right vehicle for your IRA cash out. And we can help you with finding one!

Your insurance professional is not permitted to provide tax, legal, or investment advice, and no statement contained document shall be construed as such. If you need any guidance on your Security Holdings, turn to an agent or a registered stockbroker.

Charitable Giving

Putting together a planned charitable gifting strategy may result to multiple tax breaks: the reduction of taxable income, capital gains deferral and the reduction or elimination of estate taxes on the charity donation upon your death are two of the benefits of charitable giving.

Recent tax reforms, are one of the reasons to incorporate donation into your financial and estate planning. If you are still in the process of findind the best solution or considering charitable giving as a part of your finecial plan, we can refer you to an expert.
Your insurance professional is not permitted to provide tax, legal, or investment advice, and no statement contained document shall be construed as such. If you need any guidance on your Security Holdings, turn to an agent or a registered stockbroker.