Covington Financial Advisor – Retirement & Financial Planning Pros 405-418-6266

Financial Advisor Covington

Are you trying to find a financial advisor to assist with your financial planning and retirement planning? If so, you’ve found the best place. We are Oklahoma City Financial Planning Pros and we are knowledgeable financial advisors. First of all, congrats on being brilliant enough to search for professional help in this very important part of your life.

As you are aware, we only get one chance at life and one chance to get this right. Life goes by much too fast. If we attempt to go it alone and come in short of where we should be, it’s often hard to make up for lost growth. The longer you hold off on this, the more challenging it will be to fight your way back and achieve your portfolio goals. According to a recent Forbes survey, just 52% of investors look to get the help of a financial advisor or financial planner. Forbes also found that investors who do look for professional help have more profitable financial returns than people who do not. It’s good to ask for help from a knowledgeable financial advisor.

Many people start with basic questions like: (1) How much money do I need to retire? (2) What’s the real difference between an Individual Retirement Account and an 401k? (3) How much should I save for retirement? (4) Do I need alternative investments? (5) What can I do to insure I never lose money? The list of questions goes on and on. Money and investing can be very complex and mind boggling sometimes.

We focus on providing simple, proven and very effective financial strategies to help people reach your financial and retirement goals. After all, we realize if a solution it too complicated to learn, it will be too complicated to set up and watch and thus will not be acted upon in the first place. That’s why we like to keep things simple.

Financial Planning Covington

Our first step in financial planning and helping you succeed financially is to first get a benchmark of where you are today financially. Are you on track to exceed your financial and retirement goals? Scores of people have no idea what-so-ever. As we know for sure, before you can get to where you want to go, you first need to learn where you are right now.

In our alignment with keeping things easy, we have created a series of our own, custom retirement calculators like; a retirement savings calculator, a retirement planning calculator and various retirement planning tools that are user friendly to use, yet very effective. Our simple retirement calculators are completely free to use and they are online, so you can log in and use them at any time it is convenient with you and your schedule.

Many of our clients use these very often running various “what it” calculations to see how little edits in their financial planning can impact their overall results. The first simple retirement calculator we suggest you begin with could not be any easier to use. You simply type in your age, the age you desire to retire, the amount you currently have saved for retirement now, how much you invest on an annual basis, your desired annual income during your retirement years, the approximate rate of return you are currently earning on your retirement and the rate of return that you hope you will achieve during your retirement years. That’s all there is. Then you just click the calculate button.

The results of your inputs pull up immediately. It will clearly show you if you are on track to reach your retirement goals or not, and if not, it will show you exactly how far away you are in funds, years and percentages. If you’re not on track, it will even show you the four critical areas that you can make changes to to make sure you reach your goals. Based on your findings you can go back and plug in some different combinations of numbers and keep going back and forth to see if you can reasonably make edits to reach your retirement goals.

It’s really much fun to do. For most people it’s a real eye-opener. Discovering where you are now and being honest about your current situation is half the battle.

Note: We work with many high net worth investors who love using our plans to grow their accounts and protect themselves from rising tax rates, creditors, soaring fees and keeping their investments private and off the radar. However, quite a few of our clients consider themselves to be pretty average.

If you are not on track to obtain your investment goals, please don’t be discouraged. Today 61% of Americans fear running out of money during retirement more than they fear death itself! Our objective and our job is to work with you and help you get your finances on track and help you create a lifetime, tax-free retirement income that will last as long as you do.

Covington Financial Planners

As financial planners, often our next step is to help protect you from spending more than you need to on taxes and also protect you from what we think will be, future tax rate increases. Did you know that the amount most Americans spend on taxes is the single biggest financial cost of their life? Lots of people have no idea, yet it is true for most of us. The average American spends more on taxes than they do on any other expense.

That’s why it is most important to focus on this major expense and reduce your taxes as much as possible. We believe that our main financial program that we happen to call The Barefoot Retirement Plan is the single most effective way to protect yourself and save on taxes that’s legally allowed in this great country of ours. It truly is that powerful. In a nutshell, this is how it works.

You invest post taxed dollars to our plan. Yes, unlike your IRA and 401(k) (which are called qualified plans) where you invest pre-taxed dollars, our plan requires you to pay the tax on the funds before you contribute it. On the surface this may not look as good as your IRA or 401(k) but please keep reading. We will clearly show you how our program will blow away these other plans, bar none!

You funds then grow tax differed within your account. If you need your funds for any reason at all like sickness, an unexpected expense, an unexpected opportunity or investment, college savings or anything at all, you can simply take your money out at any time. We will show you how you will be able to get your funds at any time you wish with zero penalties, no fees and no taxes.

Then, when you retire, 100% of your retirement funds that you pull out to live on are completely and totally free of taxes. This is so powerful. At the time this is being written, Bernie Sanders is running for President. He is suggesting a 92% top Federal marginal tax rate. Yikes! Plus last week the US debt just surpassed the 19 Trillion mark. (If you look at our National Debt Clock, it will blow you away.) It only took us 13 months to go from 18 trillion to 19 trillion. With the way things are going now, most experts believe that our future tax rates will have no choice but to rise significantly.

By setting up a Barefoot Retirement Plan you can totally protect yourself from having to pay any taxes on the funds you pull out. This one benefit alone can make or break most people’s retirement plans.

Retirement Planning Covington

The next step we take in successful retirement planning is to get you protected from losing money in the market. Second to taxes, stock market losses are the next big issue that can end your retirement dreams and keep you working for much longer than you wanted to. Many investors lost upwards of 50% of their funds in the Dot Com crash of 2000. Then, just as most of them were just getting back to where they were before the last crash, we had the mortgage/housing market crash of 2007/2008 and many investors lost another 40% to 50% of their retirement accounts.

Millions of hard working Americans were just getting ready to enter into retirement. When the crash happened and they lost almost half of everything they had spent a lifetime working for, it was devastating. That is why the team at Oklahoma City Financial Planning Pros works so hard every day. We work to get our clients 100% protected from stock market losses and crashes, and yes, it actually is possible.

With our powerful plan you are completely guaranteed not to lose a single penny due to market downturns, losses or crashes. I cannot even begin to tell you how much peace of mind this makes possible to our clients. Imagine how much nicer you could sleep at night knowing that you were totally guaranteed not to lose a dollar in stock market declines. This one feature of our plan can make the difference between you having the retirement of your dreams or being wiped out.

When you get our plan set up, when the market goes up, you lock in your gains each year. When the market goes down, you lose nothing and all of your previous gains are locked in and protected from losses. Our unique plan is smart on steroids.

Wealth Management Covington

We also assist our clients with wealth management to insure they reach their investing and financial goals. One of the amazing benefits of our unique and patented flagship program that we offer is that the plan gives you the option, if you want to use it, to leverage your returns and actually earn two different returns, on the exact same funds, at the same time. Yes, we know the first time you hear this, it sounds too good to be true and may even question if it is legal. We assure you it is squeaky clean and as legal as legal gets.

Until recently plans like ours have primarily been used by wealthy families, politicians and huge corporations. Believe me, they know the best ways to protect their money from taxes and losses. That’s why they use these plans so widely. Now these plans are more available to the main stream and not just the wealthy.

Here is a high level look at how the leveraging option could work. Many of our clients choose the blended index option that has a zero percent floor and a seventeen percent cap. So if the value of the indexes’ tracked goes up 20% in a given year, you earn 17% on your money, and your gains are always locked in. Or, if the value of the indexes goes down twenty percent, you maintain your 0% floor and have no losses at all.

You then have the option to borrow the majority of the funds from your account. (You have to do this correctly and we’ll show you how), and you can then invest that money into ANYTHING in the world that you wish. You don’t have to seek permission from anyone to do this. You are not limited to a list of investment options. You can choose to put your funds into anything you want or need to, no problem.

Let’s use an example. Say you have 100k in your Barefoot Retirement account. That $100,000 earns between zero percent to 17% each year. Then you decide to borrow 80k from the account and put it into a profitable real estate deal you found. Since you borrowed the funds from your account and did not take them out, your account value remains 100k and you continue to earn the zero percent to 17% on the entire $100,000 account value.

Additionally you earn whatever return you get on your $80,000 that you put into your real estate investment. So you are actually earning two different returns on the same funds at the same time. This is a powerful strategy and can have a very positive impact on your total returns.

We could go on and on about all of the many benefits of this amazing plan but we are limited in space here. The best way to get more information on this program is to give us a call. We’re happy to speak with you and answer any of your questions. More importantly we are happy to schedule a free 15 minute phone consultation with you to best determine if this could be a good fit for you and if so, we can run some numbers and show you exactly what a Barefoot Retirement Plan could look like for you.

I encourage you to take action now. You know how things pop up and our attention can be lost in a moment. This is far too important to leave to chance. Don’t put this off. You have nothing to lose. Give us a call right now and at least take the first step towards what could be the best move of your life. We’re looking forward to talking with you.