Your Financial Future Deserves a 2nd Opinion

 

We have developed special programs for individuals and small business owners with similar and distinct financial and retirement related needs.  While we understand that no two financial circumstances and goals are the same, we do recognize several workplace arenas that offer similar challenges that through our experience we have been able to help.  We have many friends and family members that work and serve in these industries that we always enjoy being a potential resource for.

 

Owners of mechanical contracting and hvacr contracting firms who typically have fewer than 25 employees are who we tend to work best with.  We understand the importance of these firms having a solid understanding of the current and future value of their businesses at all times and encourage them to seek valuations periodically.  But, as we have seen with the real estate market - a house or a building will not necessarily sell for what you think it is worth when you want or need to sell it.  And the same is true with your business.  While your business may provide the stream of income you need in retirement, it's always a good idea to diversify, or rather, don't put all your eggs in one basket.  Successful contracting business owners also have similar problems - they might be too profitable!  A problem?  Well it could be when it comes to paying too much in taxes when there might be solid alternatives available that you might not be aware of.  Such options may help you reduce your current taxes, provide your employees with retirement benefits and provide more future income available outside of what your business may generate.  We have developed a TOP Down approach for these individuals that starts with high deductable pension planning where appropriate to generate the highest level of tax efficient savings and predictable future income. 

 

According to a recent FINRA study: "60% of nurses age 45-60 have done NO retirement planning!"  It is our experience that they feel they are too busy to focus on planning and tend to be consumed by the demands of their employer and catching up on their homelives when they are done with long shifts - many times at odd hours.  Many tend not to pursue advice leaving it up to the employer to make decisions (by default) for them or thinking somehow they will be okay in retirement with social security, possible pension income and any savings they have accumulated.  We proactively try to help nurses by educating them of their options and putting a plan in motion while they continue on with their busy day to day activities helping others.  If they are about to retire or may be in retirement, we provide asset preservation and distribution options, as well as, develop strategies to create perpetual tax efficient income in retirement.