Elk City Financial Advisor – Financial Planning & Retirement Planning Pros 405-418-6266
Financial Advisor Elk City
Are you trying to find a financial advisor to help with your financial planning and retirement planning? If so, you’ve arrived at the perfect place. We are Oklahoma City Financial Planning Pros and we are excellent financial advisors. First of all, congrats on being smart enough to seek professional help in this super important part of your life.
As you already know, we only get this 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 fall short of where we need to be, it’s often difficult to make up for lost results. The longer you put this off, the more challenging it will be to fight your way back and achieve your retirement goals. According to a recent Forbes survey, just 52% of investors ask for the help of a financial advisor or financial planner. The survey also revealed that those who do use professional help have better financial performance than pre-retirees who do not. It’s good to seek help from a knowledgeable financial advisor.
Many people start with basic questions like: (1) How much do I need to retire? (2) What’s the real difference between an IRA vs 401k? (3) How much should I save for retirement? (4) Do I need alternative investments? (5) SEP IRA vs ROTH IRA, which is better? The list of questions goes on and on. Money and investing can be very complex and mind boggling sometimes.
We are known for providing simple, proven and very effective financial strategies to help investors reach your financial and retirement goals. After all, we realize if a solution it too complex to grasp, it will be too complicated to implement and review and thus will not be acted upon in the first place. That’s why we always keep things simple.
Financial Planning Elk City
Our first goal in financial planning and helping you reach your financial goals is to first get a benchmark of where you are today financially. Are you on track to obtain your financial and retirement goals? Lots of people have no idea in the world. As we understand, before you can get to where you wish to go, you first need to determine where you are at this time.
In our alignment with keeping things simple, we have produced a series of our own, custom retirement calculators like; a retirement savings calculator, a retirement planning calculator and various retirement planning tools that are quick and easy to use, yet very effective. Our simple retirement calculators are totally 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.
Many of our clients use them frequently running various “what it” scenarios to see how small shifts in their financial planning can impact their end results. The first simple retirement calculator we suggest you start 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 invest on an annual basis, your desired yearly income during your retirement years, the approximate rate of return you are currently realizing on your portfolio and the rate of return that you think you will achieve during your retirement years. That’s all there is. Next you just click the calculate button.
The results of your numbers pull up instantly. It will show you if you are on track to achieve your retirement goals or not, and if not, it will tell you exactly how far off you are in funds, years and percentages. If you’re not on track, it will even show you the 4 main areas that you can change to help you reach your goals. Based on those findings you can go back and enter in some different combinations of amounts and keep going back and forth to see if you can reasonably make edits to reach your retirement goals.
It’s really very fun to do. For most people it’s a real shocker. Discovering 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 portfolios and protect themselves from rising tax rates, creditors, soaring fees and keeping their investments private and off the radar. However, lots of our clients consider themselves to be mostly average.
If you are not on track to reach 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 goal 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 last.
Elk City 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 dollars most Americans spend on taxes is the single largest financial expense of their life time? 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 on any other expenditure
That’s why it is most important to focus on this major expenditure 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 powerful way to protect yourself and save on taxes that’s legally allowed in this amazing country of ours. It truly is that powerful. In a nutshell, this is how our program works.
You put in after taxed dollars to The Barefoot Retirement Plan. Yes, unlike your 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 invest it. On the surface this may not look as good as your IRA or 401(k) but please stay tuned. We will clearly demonstrate how our program will blow away these other plans, bar none!
You funds then grow tax differed within your account. If you need the funds for any reason at all like sickness, an unexpected expense, an unexpected opportunity or investment, college or anything under the sun, 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 zero penalties, no fees and no taxes.
Then, when you retire, ALL of your retirement funds that you pull out to live on are completely and totally free of taxes. This is such a powerful thing. At the time this is being written, Bernie Sanders is running for President. He is wanting 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 amaze you.) It only took us 13 months to go from 18 trillion to 19 trillion. With the way things are going at this time, most experts believe that the 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 hopes and dreams.
Retirement Planning Elk City
The next task we take in successful retirement planning is to get you protected from market losses. Next to taxes, stock market losses are the next big issue that can destroy your retirement dreams and keep you working for much longer than you needed to. Far too 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 everything.
Millions of hard working Americans were just getting ready to enter into retirement. When the crash happened and they lost just about half of everything they had spent a lifetime building up, 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 stock market losses and crashes, and yes, it actually is possible.
With our patented plan you are totally 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 provides to our clients. Imagine how much nicer you could sleep at night knowing that you were totally guaranteed not to lose a dime in market declines. This one feature of The Barefoot Retirement Plan can make the difference between you having the retirement of your dreams or not.
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 all of your previous gains are locked in and protected from losses. Our unique plan is smart on steroids.
Wealth Management Elk City
We also assist our clients with wealth management to insure they reach their investment and financial goals. One of the powerful benefits of our unique and patented flagship program that we offer is that our plan gives you the option, if you choose 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 mostly 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 average investor 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 plan that has a 0% floor and a seventeen percent cap. So if the value of the indexes’ tracked goes up 20% in a given year, you earn seventeen percent on your account, and your gains are always locked in. Or, if the value of the indexes goes down twenty percent, you maintain your 0% floor and experience no losses at all.
You then have the option to borrow the majority of the money from your account. (You have to do this correctly and we’ll show you how), and you can then invest that money into ANYTHING under the sun 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 money 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 0% to seventeen percent 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 $100,000 and you continue to earn the 0% to seventeen percent 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 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 might 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 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.
For The Best Financial And Retirement Planning In Beckham County Call Us Today At: 405-418-6266