Newkirk Financial Planning & Retirement Planning – Financial Advisor 405-418-6266
Financial Advisor Newkirk
Are you in search of a financial advisor to help with your financial planning and retirement planning? If that’s right, you’ve arrived at the most perfect place. We are Oklahoma City Financial Planning Pros and we are smart financial advisors. First of all, congrats on being wise enough to seek out professional help in this super important area of your life.
As you already know, we only get one chance at life and one chance to do this right. Life goes by way too fast. If we decide to go it alone and fall short of where we need to be, it’s often challenging to make up for lost ground. The longer you wait, the harder it will be to produce better returns and obtain your retirement goals. According to a recent Forbes survey, only 52% of people seek out the assistance of a financial advisor or financial planner. Forbes also revealed that pre-retirees who do look for professional help have better financial results than those who do not. It’s smart to find help from a experienced financial advisor.
Many people start with basic questions like: (1) How much savings do I need to retire? (2) What’s the real difference between a IRA and 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. Finance and investing can be very complex and mind boggling sometimes.
We pride ourselves on 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 complex to grasp, it will be too challenging to implement and watch and thus will not be acted upon in the first place. That’s why we keep things simple.
Financial Planning Newkirk
Our first step in financial planning and helping you reach your financial goals is to first get a baseline of where you are today financially. Are you on track to reach your financial and retirement goals? Many people have no idea at all. As we know, before you can get to where you need to go, you first need to discover where you are right now.
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 user friendly to use, yet very effective. Our simple retirement calculators are 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 all the time running various “what it” calculations to see how little edits in their financial planning can impact their end results. The first simple retirement calculator we suggest you use could not be any easier to use. You simply key in your age, the age you desire 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 getting on your portfolio and the rate of return that you wish you will achieve during your retirement years. That’s all there is. Now you just click the calculate button.
The results of your numbers pull up instantly. It will tell you if you are on track to achieve 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 goal, the calculator will even show you the 4 critical areas that you can make changes to to make sure you reach your goals. Based on those findings you can go back and type in some different combinations of numbers and keep going back and forth and find out if you can reasonably make adjustments to achieve your 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 standings is half the battle.
Note: We work with quite a few high net worth people who love using our strategies to grow their accounts 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 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 do.
Newkirk Financial Planners
As financial planners, most often our next step is to help protect you from spending more than you should 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 biggest financial cost of their life time? Many people have no clue, yet it is true for most of us. The average American spends more on taxes than they do on on any other single 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 primary 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 amazing country of ours. It truly is that powerful. In a nutshell, this is how our program works.
You put in post taxed dollars to the program. Yes, unlike your IRA and 401(k) (which are called qualified plans) where you contribute 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 look as good as your IRA or 401(k) but please trust us. We will clearly show you how our program will significantly out perform 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, college savings or anything at all, you can simply take your funds out at any time. We will show you exactly how you will be able to get your money 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 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 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 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 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 Newkirk
The next action we take in our retirement planning is to get you protected from losing money in the market. Next to taxes, market losses are the next big event that can ruin your retirement dreams and keep you working for much longer than you wanted to. Lots of investors lost upwards of 50% of their money 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 next 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 begin retirement. When the crash occurred and they lost just about 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 strive to get our clients 100% protected from market losses and crashes, and yes, it truly is possible.
With our unique plan you are 100% guaranteed not to lose a single dime 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 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 plan is smart on steroids.
Wealth Management Newkirk
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 program that we offer is that it gives you the option, if you choose 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 promise you this is squeaky clean and as legal as legal gets.
Until recently plans like ours have mostly been used by wealthy families, politicians and huge corporations. Believe me, they certainly 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 our blended index option that has a zero percent floor and a 17% cap. So if the value of the indexes’ tracked goes up twenty percent in a given year, you earn seventeen percent on your money, and your gains are always locked in. Or, if the value of the indexes goes down 20%, you maintain your zero percent floor and have 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 in the world that you wish. You don’t have to ask 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 $80,000 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 $100,000 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 two 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 unique 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 may 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 wait. 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 Kay County Call Us Today At: 405-418-6266