Financial planning involves looking at a client’s complete financial picture. Within your financial plan our advisors will listen to your needs and goals and help develop an appropriate strategy
Investments are the means to help you achieve your financial goals. Because they are independent and objective, our financial advisors represent you – not any one particular investment company. Through Lincoln Investment, they can provide a variety of investments to help achieve your goals, including:
- Over 3,000 mutual funds and over 79 mutual fund families – from American Funds to Vanguard
- Access to Institutional Money Managers
- Variable annuities
- Fixed annuities
- Immediate Annuities
- Deferred Income Annuities
- Indexed annuities
- Individual Stocks and bonds
The primary goal of life insurance is to provide for your loved ones when you’re gone – whether it’s to replace lost income, pay for college, cover special needs, cover Long-Term Care (LTC) expenses, cover personal debts or even just pay for funeral expenses. Because they are independent, our advisors work with a variety of insurance carriers to find the right term, universal, variable or whole life insurance policy. They will help develop a strategy that’s right for you.
The cost of college has grown significantly over the past 20 years, and paying for college while saving for your own retirement is a daunting task. Our advisors will show you how to plan and save for your children’s education while keeping your own retirement plans on track using 529 College Savings Plans.
Participation in a 529 College Savings Plan (529 Plan) does not guarantee that contributions and investment return on contributions, if any, will be adequate to cover future tuition and other education expenses or that a beneficiary will be admitted to permitted to continue to attend an educational institution. Contributions to the program assume all investment risk, including potential loss of principal and liability for penalties such as those levied for non-educational withdrawals. An investor should consider, before investing, whether the investor's or designated beneficiary's home state offers any favorable state tax treatment or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in such state's qualified tuition program. Consult with your financial, tax or other adviser to learn more about how state-based benefits (including any limitations) would apply to your specific circumstances. You may also wish to contact your home state or any other 529 college savings plan to learn more about the features, benefits and limitations of that state's 529 college savings plan. Furthermore, the Tax Cuts and Jobs Act that was signed into law on December 22,2017 allows for up to $10,000 a year per beneficiary in tax free distributions from a 529 Plan if used for enrollment or attendance at a public, private, or religious elementary or secondary school. Check with your state's guidelines prior to withdrawing the funds. For more complete information, including a description of fees, expenses and risks, see the offering statement or program description.
You’ve worked hard all your life and you deserve to have a comfortable retirement. Retirement planning involves developing a strategy for both the accumulation and distribution phases of your life. Our advisors will evaluate your sources of retirement income and your current investment strategy to help develop a retirement income strategy to help achieve your dreams.
Choosing the right age and distribution option for your pension or Social Security to maximize your payments can be challenging. Our advisors will help you understand your options and how the different options can impact your retirement income. For example, according to the Insured Retirement Institute, the average monthly benefit for a retired worker is $1,328 and the maximum monthly benefit is $2,663 for 2016.
Investing assets that are non-qualified (taxable), and not part of a retirement account such as an IRA or 401k, can present additional challenges due to tax implications. With a low interest rate environment, bank savings accounts do not offer a viable long-term solution to meet future financial goals. Our advisors can help develop an appropriate strategy to put your cash to work for you with a tax-managed approach.
Socially Responsible Investing involves aligning your investments with your personal values, while working toward your financial goals. There are a variety of investments that focus on Environmental, Social, Governance and even certain religious values.
Contact us today for a no-obligation review.