Ready to take control of your money and finally make a real plan? This is your next step.
Our Financial Coaching service is designed to help you gain clarity, build a realistic monthly
budget, and take immediate action toward your financial goals. As Certified Financial Coaches,
we work with you one-on-one to create a strategy that fits your life—not a one-size-fits-all plan.
You’ll walk away with a clear budget, a step-by-step debt elimination plan, and the confidence to
move forward with purpose. No more guesswork—just a proven path toward financial stability
and freedom.
Life Insurance
There are several different Life Insurance options available,
including Term Life, Universal Life (UL), Indexed Universal Life (IUL),
and Whole Life. The terminology may seem complicated, but don't worry,
we can help. Let us work with you to assess what you currently have, and
help design customized options to meet your long and short term needs.
Term Life Insurance
Term Life Insurance is generally the least expensive type of life insurance.
The covered client enters a contract with a life insurance company for a 10,
15, 20, 25, or 30 year period of time. The client pays a premium for a specific
period of time (term) in exchange for a death benefit which will be paid to the
client’s beneficiary should death occur during the term period of time. Term Life
Insurance is considered “temporary” life insurance. Once the term period expires,
the covered client can either renew it for another term, allow it to expire, or
convert the term policy to a permanent life insurance plan.
Universal Life
Universal Life Insurance is a “permanent” form of life insurance which provides
life insurance for a longer period than Term Life Insurance. The covered client
enters a contract with a life insurance company by paying a premium in exchange
for a death benefit which pays out should the covered client die while the policy
is active. A portion of each paid premium covers two (2) areas; 1) the cost of
the life insurance and 2) cash value accumulation. The cash value earns a
fixed/stated interest rate and can be accessed by the policyowner through cash
withdrawals or loans.
Indexed Universal Life
Indexed Universal Life is a “permanent” form of life insurance which provides
life insurance for a longer period than Term Life Insurance. The covered client
enters a contract with a life insurance company by paying a premium in exchange
for a death benefit which pays out should the covered client die while the policy
is active. A portion of each paid premium covers two (2) areas; 1) the cost of
the life insurance and 2) cash value accumulation. Unlike the Universal Life policy,
where cash value earns a fixed/stated interest rate, the Indexed Universal Life cash
value grows based on the performance of stock market indexes, e.g. S&P 400, S&P 500,
NASDAQ 100, etc., providing a significantly higher cash value earnings potential,
without investment risks. Cash value is accessed by the policyowner through cash
withdrawals or loans.
Whole Life
Whole Life Insurance is permanent insurance guaranteed to remain in force for the
covered client’s entire or whole life/entire lifetime. The covered client enters
a contract with a life insurance company by paying a stated premium in exchange for
a death benefit which pays out should the covered client die while the policy is active.
A portion of each paid premium covers two (2) areas; 1) the cost of the life insurance
and 2) no risk fixed interest rate cash value accumulation. With many Whole Life Insurance
policies, the cash value will equal the death benefit by Age 100. Cash value is accessed
by the policyowner through cash withdrawals or loans.
Retirement Planning
Retirement planning is about more than saving—it’s about making informed
decisions for your future. We walk you through your options, explain how each
plan works, and help you choose what aligns best with your goals.
Schedule an appointment and we can help you with the retirement options below:
Traditional IRA
A Traditional IRA is tax advantaged retirement account
where you contribute to your retirement account with pre-tax
contributions. As a result, these contributions are tax-deductible
(with some exceptions per IRS guidelines). When future withdrawals are
taken at retirement age, contribution withdrawals plus all credited
interest and investment gains are taxed. A Traditional IRA should be
considered when you need tax deductions, and you prefer to defer taxes
until withdrawals are made during retirement years.
IRA
Roth IRA is a unique tax advantaged retirement account where you contribute
to your retirement account with after-tax contributions. When future withdrawals
are taken at retirement age, these withdrawals plus all credited interest
and investment gains are tax-free. As a result, Roth IRA contributions cannot
be deducted when filing your taxes. A Roth IRA should be considered when you
think your taxes will be higher in retirement than they are right now. Also,
high income earners may not contribute to a Roth IRA per IRS guidelines.
SEP IRA
Simplified Employee Pension IRA is a retirement account adopted by business
owners for the benefit of business owners and employees. SEP IRA account
contributions are pre-tax, and accounts contributions are funded by the
business. SEP IRA’s are excellent plans for independent contractors,
family businesses, and partnerships since contributions by the business must
be made to all employee accounts. The IRS allows for significantly higher
annual contribution amounts than the contribution amounts associated with
Traditional and Roth IRA’s.
Simple IRA
Savings Incentive Match Plan for Employees IRA allows employees and employers
to contribute to traditional IRA’s set up for employees. It is ideally suited
as a start-up retirement plan for small employers, between two (2) and 100
employees, not currently sponsoring any other employer-sponsored retirement
plans