Retirement Planning
- Evaluate pension plan structures, IRAs, Roth IRAs or qualified plans
- Analyze distribution options for pensions
- Calculate retirement plan benefits, including Social Security(fee)
- Calculate IRS required minimum distributions (RMDs) and educate you on the regulations
- Provide Roth IRA conversion calculations and advice
Investment Management Planning
- consolidate investment paperwork
- Provide 401 (k), 403(b) or 457 plan guidance
- Evaluate investment alternatives and your risk tolerance
- Explain investment ideas in a manner that makes it easy to understand
- Provide secure on-line brokerage account
- Provide annual asset allocation review and , as needed, account rebalancing
- Conduct annual review of investment
- Review your investment strategy to help maintain an individualized, high-quality portfolio
- Create and review an investment strategy tailored to your needs
Emotional Support
- Provide positive encouragement and motivation for effort and successes
- Advise you to avoid reactive or emotional decisions which could negatively affect your portfolio
- Support you through transitional phases: major illness, death, inheritance, job change, retirement, child birth, divorce, legal issues or other crises
- Encourage you to save and invest
- Evaluate your risk tolerance and help determine your tolerance for loss
- Help you understand the various attitudes toward money and the financial decision-making associated with each of them
- Address problems quickly
- Provide friendly and knowledgeable support
- Continue to seek out professional education to myself to better serve you
Economic Analysis
- Provide economic and stock market updates and explain what it means to you
- Help you evaluate the economic news to determine what you should and shouldn’t be concerned about
Provide Educational Information
- Provide investment information with a comprehensive approach ( Forecast & Half-Time events)
- Keep you up to date with product, service, strategy changes and improvements
- Conduct semi-annual financial review meetings, with calls as needed in between
- Provide appointment summary follow-up letters or emails, send weekly newsletters or updates
Financial Goal Planning (Fee)
- Provide more confidence for financial matters, focusing on goals, priorities, direction and structure
- Conduct annual planning evaluations and tracking of goals
- Provide proactive follow up on action items
- Develop, establish and track individual and family goals
- Promote vacation planning and quality-of-life enhancements
- Calculate net worth and review cash flow annually
- Analyze debt structure and organization and assess lending opportunities
- Evaluate mortgage financing, the economic benefits of refinancing, semi-monthly payment programs and PMI reduction strategies
- Help prioritize your spending and prepare for potential pitfalls
- Look for opportunities for additional savings
Cash Management
- Evaluate current holdings and look for potential opportunities to increase returns on cash accounts
- Help determine an appropriate amount of “easy-access” funds to have available for emergency or opportunity
Insurance Review
- Evaluate current life, disability, long-term care, health, umbrella, property and look for opportunities for improvements or money savings
Employment Support
- Explain how to best utilize employer benefits (pensions)
- Analyze the economic benefits of employment offers
- Evaluate stock options and distributions as well as restricted stocks
Self-Employment Issues
- Evaluate current business insurance and provide options if needed
- Provide referrals to business valuation specialist
- Help you manage retirement plan tracking and maintenance: contributions made,contribution limits, profit sharing tax forms (5500), etc.
- Provide information on business transition or succession strategies
College Planning
- Research opportunities and help calculate college financial aid programs
- Educate you on the various minor account ownership options: UTMAs, Education IRAs,529 plans, etc.
Estate Planning
- Advise on the implementation and proper use of estate planning tools: wills, trusts or power of attorney *
- Provide education and guidance on charitable giving alternatives
- Review ownership and beneficiary designations on all accounts
Income Tax Issues
- Provide information about tax-planning strategies
- Simplify investment tax reporting
- Discuss the benefits of optimizing your 401(k), or other retirement plan options
- Provide capital gains and loss planning
- Help you reduce taxation of Social Security benefits
- Provide a year-end capital gains/loss analysis
Miscellaneous
- Analyze the effects of inflation on your goals/plans
- Provide referrals to CPAs, attorneys, mortgage brokers, etc.
*Please note Maheras Wealth Management and LPL do not provide tax or legal advice, or services.