Hennessey Best Financial Planning & Retirement Planning 405-418-6266

Financial Advisor Hennessey

Are you looking for a financial advisor to help with your financial planning and retirement planning? If so, you’ve arrived at the most perfect place. We are Oklahoma City Financial Planning Pros and we are knowledgeable financial advisors. First off, congrats on being brilliant enough to look for professional help in this critically important part of your life.

As you already know, we only get this one chance in life and one chance to make this right. Life goes by far too fast. If we attempt to go it alone and fall short of where we ought to be, it’s often hard to make up for lost ground. The longer you wait, the more difficult it will be to make up lost ground and achieve your financial goals. According to a recent Forbes survey, just 52% of people ask for the help of a financial advisor or financial planner. Forbes also found that people who do obtain professional help have more successful financial results than those who do not. It’s wise to seek help from a experienced financial advisor.

Many people start with basic questions like: (1) How much money do I need to be able to retire? (2) What’s the real difference between an Individual Retirement Account and an 401k? (3) How much will I need to retire? (4) What alternative investments can I invest in? (5) Is a 401k better than an IRA? 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 our clients reach your financial and retirement goals. After all, we realize if a solution it too complicated to grasp, 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 know to keep things simple.

Financial Planning Hennessey

Our first step in financial planning and helping you succeed financially is to first get a baseline of where you are today financially. Are you on track to exceed your financial and retirement goals? Most people have no idea at all. As we know, before you can get to where you wish to go, you first need to determine where you are right now.

With our plan and with keeping things easy, 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 really 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 these frequently running various “what it” ideas to see how minor changes in their financial planning can impact their net results. The first simple retirement calculator we suggest you begin with could not be any simpler to use. You simply type in your age, the age you want to retire, the amount you currently have saved for retirement now, how much you put in on an annual basis, your desired annual income during your retirement years, the approximate rate of return you are currently getting on your portfolio and the rate of return that you think you will achieve during your retirement years. That’s it. Now 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 away you are in funds, years and percentages. If you are not on track, the retirement calculator will even show you the four main areas that you can change to insure you obtain your goals. Based on those findings you can go back and key in some different combinations of numbers and keep going back and forth and see if you can reasonably make adjustments to obtain your goals.

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

Note: We work with quite a few high net worth individuals who love using our plans to grow their portfolios and protect themselves from soaring tax rates, creditors, soaring fees and keeping their investments private and off the grid. However, many of our clients consider themselves to be financially 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 live.

Hennessey Financial Planners

As financial planners, most 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 believe will be, future tax rate increases. Did you know that the dollars most Americans spend on taxes is the single biggest financial expense of their life time? Most people have no clue, 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 so important to focus on this major cost and reduce your taxes as much as possible. We believe that our top financial plan that we happen to call The Barefoot Retirement Plan is the single best way to protect yourself and save on taxes that is legally allowed in this amazing country of ours. It really is that powerful. In a nutshell, this is how our program works.

You contribute post 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 program requires you to pay the tax on the money before you put them in. On the surface this may not look as good as your IRA or 401(k) but please trust us. We will clearly show you how our plan will blow away these other plans, without a doubt!

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, university savings or anything under the sun, 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, ALL 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 proposing 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 blow you away.) 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 sharply.

By setting up a Barefoot Retirement Plan you can totally 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 dreams.

Retirement Planning Hennessey

The next step we take in successful retirement planning is to get you protected from losing money in the market. Next to taxes, market losses are the next big issue that can destroy your retirement dreams and keep you working for much longer than you wanted to. Large numbers of 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 retire. When the crash happened and they lost about half of everything they had spent a lifetime creating, it was devastating. That is why our 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 really is possible.

With our patented plan you are 100% guaranteed not to lose a single dime due to market downturns, losses or crashes. I cannot even begin to express to you how much peace of mind this makes possible to our clients. Imagine how much easier you could sleep at night knowing that you were 100% guaranteed not to lose a penny in stock market declines. This one feature of our plan can make the difference between you having the retirement of your dreams or being devastated.

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 plan is smart on steroids.

Wealth Management Hennessey

We also assist our clients with wealth management to insure they reach their investing and financial goals. One of the powerful benefits of our unique and patented flagship plan that we offer is that it gives you the option, if you want to use it, to leverage your returns and actually earn 2 different returns, on the exact same money, at the same time. Yes, we know the first time most people 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 mainly been used by wealthy families, politicians and huge corporations. Believe me, they do know the best ways to protect their wealth from taxes and losses. That’s why they use these plans so widely. Now these plans are more available to the average person and not just the wealthy.

Here is a high level look at how the leveraging option could work. Many clients choose the blended index option that has a 0% floor and a 17% cap. So if the value of the indexes’ tracked goes up 20% in a given year, you earn seventeen percent on your funds, and your gains are always locked in. Or, if the value of the indexes goes down twenty percent, you maintain your zero percent floor and suffer 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 money 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 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 100k 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 affectively earning 2 different returns on the same money 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 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 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.