Financial Services
We believe that retirement is one of the most complicated and important financial journeys you will take in your life. Every journey requires planning, direction and goal setting. One of your most important tools is a good map. Our retirement roadmap is customized for each person we work with, taking into account their lifestyle, goals during retirement, income needs, long-term health care needs and other financial goals and liabilities.
Our proprietary Retirement Road Map
process is designed to help our clients achieve simplicity and confidence during their retirement years.
It’s focused around 5 key areas of your current financial life.
Income Planning
There are several reasons you might need the services of a retirement financial planner. Chief among these is income planning for retirement. Retirement should be a time of relaxation and leisure, but it can become challenging and complicated if you don’t adequately plan to adjust your lifestyle and expenditures to accommodate your new living situation.
This typically includes:
- Social Security Maximization
- Income & Expense Analysis
- Provisional Needs Planning/Inflation Protection
- Spousal Plan
- Longevity Protection
Investment Planning
Working with a retirement investment planner can be one of the best ways to make retirement much more comfortable financially. By investing wisely throughout your retirement, you can supplement your finances without needing to work. At Keystone Financial Resources, LLC, we strongly believe that, while investment planning isn’t something many people think about, it is arguably one of the most important elements of financial planning for retirement.
This typically includes:
- Assessing your Risk Tolerance
- Adjusting your portfolio to reduce fees
- Volatility Control/Loss Mitigation Plan
- Evaluating ways to reduce risk while still working towards your goals
- Comprehensive Institutional Money Management
Tax Planning
Though you may have retired from working, you are likely still going to be required to pay tax. Income tax planning is very important if you are going to have some form of income after you’ve retired. Tax planning for retirement in general is a vital part of ensuring that you don’t run into financial troubles during your retirement. One of the easiest ways to plan your taxes for your retirement is by working with one of our retirement financial advisors.
This typically includes:
- Assessing the taxable nature of your current holdings
- Possible I.R.A. Planning
- Strategizing ways to include tax-deferred or tax-free money in your plan
- Determining which tax category to draw income from first to potentially reduce tax burden
- Discussing ways to leverage your qualified money to leave tax-free dollars to your beneficiaries
Long-Term Care Planning
Eventually, you might need assistance with different parts of your day-to-day life after you have retired. Long-term care planning for retirees is another of our services, and it can make it easier for you to understand what long-term care for retirees involves. This is another element of our retirement financial planning services.
Plan to include:
- Looking at all aspects of funding Long-Term Care
- Analyzing legal options for a Long-Term Care Plan
Legacy Planning
Estate and trust planning are another vital part of properly planning your finances for retirement. At Keystone, we can help you with this and general legacy planning.
If you would like to learn more, please don’t hesitate to get in touch with us. We serve clients throughout the Brentwood area.
Our goal will be to help you:
- Maximize your estate and income tax planning opportunities
- Protect any assets in trust and ensure they are distributed to your beneficiaries probate free
- Prevent your IRA and qualified accounts from becoming fully taxable to your beneficiaries upon your death
