Elgin Financial Planning & Retirement Planning – Financial Advisor 405-418-6266

Financial Advisor Elgin

Are you searching for a financial advisor to help with your financial planning and retirement planning? If so, you’ve found the right place. We are Oklahoma City Financial Planning Pros and we are experienced financial advisors. First off, congrats on being brilliant enough to search for professional help in this most important area of your life.

As you know, we only get one chance at life and one chance to make this right. Life goes by far too fast. If we decide to go it alone and come in short of where we need to be, it’s often challenging to make up for lost growth. The longer you hold off on this, the more difficult it will be to make up lost ground and reach your financial goals. According to a recent Forbes survey, only 52% of people ask for the help of a financial advisor or financial planner. The survey also discovered that pre-retirees who do ask for professional help have better financial results than investors who do not. It’s really smart to seek help from a knowledgeable financial advisor.

Most people start with basic questions like: (1) How much money do I need to retire? (2) What’s the real difference between an IRA vs 401k? (3) How much do I need to save for retirement? (4) Do I need alternative investments? (5) How can I save on taxes? The list of questions goes on and on. Finances 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 know if a solution it too complicated to learn, it will be too challenging to put in place and monitor and thus will not be acted upon in the first place. That’s why we always keep things simple.

Financial Planning Elgin

Our first goal 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 obtain your financial and retirement goals? Many people have no idea in the world. As we understand, before you can get to where you wish to go, you first need to learn where you are right now.

In our alignment with keeping things simple, we have developed 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 access and use them at any time it is convenient with you and your schedule.

Lots of our clients use them frequently running various “what it” ideas to see how little tweaks in their financial planning can impact their total results. The first simple retirement calculator we suggest you begin with could not be any easier to use. You simply key in your age, the age you wish to retire, the amount you currently have saved for retirement now, how much you add to on an annual basis, your desired yearly income during your retirement years, the approximate rate of return you are currently realizing on your accounts and the rate of return that you think you will achieve during your retirement years. That’s it. Then you just click the calculate button.

The results of your inputs pull up immediately. It will tell you if you are on track to obtain your retirement goals or not, and if not, it will show you exactly how far off you are in funds, years and percentages. If you’re not on track, the calculator will even show you the 4 critical areas that you can make changes to to be sure you obtain your goals. Based on your findings you can go back and enter in some different combinations of amounts and keep going back and forth and discover if you can reasonably make edits to achieve your investment goals.

It’s really very fun to do. For most people it’s a real shocker. Finding out where you are now and being honest about your current finances is half the battle.

Note: We work with a lot of high net worth investors who love using our plans to grow their net worth and protect themselves from rising tax rates, creditors, soaring fees and keeping their funds private and off the Government radar. However, most 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.

Elgin Financial Planners

As financial planners, usually our next step is to help protect you from spending more than you should on taxes and also protect you from what we believe 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 time? Most people have no idea, yet it is true for most of us. The average American spends more on taxes than they do on their mortgage payments, car payments and college for their kids, etc.

That’s why it is most important for us to focus on this major expenditure and reduce your taxes as much as possible. We believe that our best 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 is legally allowed in this amazing country of ours. It truly is that powerful. In a nutshell, this is how it works.

You invest after taxed dollars to the plan. Yes, unlike an IRA and 401(k) (which are called qualified plans) where you put in pre-taxed dollars, our plan requires you to pay the tax on the money before you put them in. On the surface this may not seem as good as your IRA or 401(k) but please keep an open mind. We will clearly demonstrate how our plan will out perform these other plans, without a doubt!

You funds then grow tax differed within your account. If you need your funds for any reason at all like an illness, 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 exactly how you will be able to take out your funds at any time you wish with no 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 such a big thing. At the time this is being written, Bernie Sanders is running for President. He is suggesting a 92% top Federal marginal tax rate. Wow! Plus last week the US debt just surpassed the 19 Trillion mark. (If you look at our National Debt Clock, it will shock you.) 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 the future tax rates will have no choice but to rise sharply.

By setting up a Barefoot Retirement Plan you can 100% protect yourself from needing to pay any taxes on the money you pull out. This one benefit alone can make or break most people’s retirement plans.

Retirement Planning Elgin

The next step we take in successful retirement planning is to get you protected from losing money in the stock market. Second to taxes, market losses are the next big issue that can crush your retirement dreams and keep you working for much longer than you planned to. Large numbers of investors lost upwards of 50% of their funds in the Dot Com crash of 2000. Then, just as soon as many 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 begin retirement. When the crash happened and they lost almost half of everything they had spent a lifetime creating, it was devastating. That is why the team at Oklahoma City Financial Planning Pros works so hard every day. We want to get our clients 100% protected from market losses and crashes, and yes, it actually is possible.

With our powerful plan you are completely guaranteed not to lose a single dollar 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 deeper you could sleep at night knowing that you were 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 stock market goes up, we lock in your gains each year. When the market goes down, you lose nothing and your previous gains are locked in and protected from losses. This plan is smart on steroids.

Wealth Management Elgin

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 wish to use it, to leverage your returns and actually earn 2 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 guarantee 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 mega corporations. Believe me, they do know the best ways to protect their funds 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 clients choose our blended index option that has a 0% floor and a seventeen percent cap. So if the value of the indexes’ tracked goes up twenty percent in a given year, you earn 17% on your account, and your gains are always locked in. Or, if the value of the indexes goes down 20%, you maintain your zero percent floor and experience 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 get 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 $100,000 in your Barefoot Retirement account. That 100k earns between zero percent to 17% each year. Then you decide to borrow $80,000 from the account and put it into a sweet 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 0% to seventeen percent on the entire 100k account value.

Additionally you earn whatever return you get on your 80k that you put into your real estate deal. So you are affectively earning 2 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 patented plan but we are limited in space here. The best way to get more information on this plan is to give us a call. We’re happy to talk 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 may be a good fit for you and if so, we can run some numbers and show you exactly what a Barefoot Retirement Plan would 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 hesitate. 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.