The first step is a look-forward review of your tax return to determine your current tax situation. We identify things like phantom income taxation, uncover incorrect uses of taxable and tax deferral strategies, and discover missed opportunities for offsetting gains and losses. Our 3-Step Review helps you implement the correct strategy to lower or eliminate your taxes and find money falling through the cracks now and in your future.
The second step is an income analysis to determine if you are using your income sources properly and in the most tax efficient method. With the ever-increasing cost of inflation, we find out if you have adequate income and liquidity to meet your future needs. Your actual inflation rate may be less than the government quoted inflation as your rate is based on what you specifically spend money on.
The third step is a risk analysis to make sure your investment risk exposure is one you are comfortable with and is in line with your investment allocation strategies. Research shows people make poor decisions, receive low rates or incur losses because they have more risk than they are comfortable with. A simple set of questions will help us identify your true risk comfort level and possibly help you avoid losses you are not prepared to handle or were not aware of.
Look forward and take control with a 3-Step Review. Find out if you have problems like phantom income taxation or other tax issues. Are you preparing to sell real estate? Do you need to increase your income stream or lower your risk level? Have you lost a spouse and now have all the financial decisions to make? Are you retiring or rolling over a large sum of money? A complete discovery of what you want your money to do for you is the most important first step.
The wonderful benefit of our 3-Step Review is that it applies to any financial decision or concern you may have, it helps you stop your money from falling through the cracks, and it assures that any major financial decision is right for you. Learn what questions to ask before making any financial decision and assure your decisions are in your best interest.
It may not be? We do know that you can’t get a second opinion from the financial advisor who gave you the first opinion. By going through our proprietary 3-Step Review process, leading to a personalized LifePlan, you may find out that entering retirement requires a change in thinking. Brokers and Wall Street advisors often specialize in the “accumulation” phase of life. Retirement is about the “preservation” and subsequent “distribution” phases of life. Achieving financial security in retirement requires income and protection specialists who know how to preserve assets first, then pursue growth opportunities - all while keeping your best interests at heart! The 3-STEP REVIEW will identify problem areas in your retirement plan and provide solutions.
The 3-STEP REVIEW and the resulting personalized LifePlan is a comprehensive process and usually begins by attending a teaching seminar, followed by a consultation. At the end of that 2-step process, both client and advisor usually know if it makes any sense to move forward into the discovery phase - Or you can call 387-8918 to take advantage of a free consultation - OR click the button at the bottom of the home page to request a free consultation.