Paden Financial Advisor – Retirement & Financial Planning Pros 405-418-6266
Financial Advisor Paden
Are you seeking a financial advisor to assist with your financial planning and retirement planning? If that’s right, you’ve found the best place. We are Oklahoma City Financial Planning Pros and we are smart 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 get this right. Life goes by much too fast. If we try and go it alone and come in short of where we need to be, it’s often challenging to make up for lost ground. The longer you put this off, the harder it will be to come back and reach your financial goals. According to a recent Forbes survey, just 52% of investors look to get the assistance of a financial advisor or financial planner. Forbes also revealed that individuals who do seek professional help have better financial results than investors who do not. It’s really smart to get 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 a IRA and 401k? (3) How much do I need to save for retirement? (4) What about 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 pride ourselves on providing simple, proven and very effective financial strategies to help investors reach your financial and retirement goals. After all, we have learned if a solution it too complex to grasp, it will be too complicated to put in place and watch and thus will not be acted upon in the first place. That’s why we keep things simple.
Financial Planning Paden
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? Lots of people have no idea what-so-ever. As we know for sure, before you can get to where you need 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 all the time running various “what it” ideas to see how little changes in their financial planning can impact their net results. The first simple retirement calculator we suggest you begin with could not be any easier to use. You simply enter in your age, the age you would like to retire, the amount you currently have saved for retirement now, how much you put in on an annual basis, your desired yearly income during your retirement years, the approximate rate of return you are currently getting on your accounts and the rate of return that you hope you will achieve during your retirement years. It’s that simple. Now you simply click the calculate button.
The results of your inputs pull up immediately. It will clearly show 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 goal, the calculator will even show you the 4 key areas that you can make changes to to make sure you obtain your goals. Based on the 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 financial goals.
It’s really quite fun to do. For most people it’s a real eye-opener. Discovering where you are right now and being honest about your current standings is half the battle.
Note: We work with many high net worth people 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, lots of our clients consider themselves to be financially average.
If you are not on track to achieve your financial 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.
Paden 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 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? Many 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 so important to focus on this major expense 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 successful way to protect yourself and save on taxes that’s legally allowed in this fantastic country of ours. It truly is that powerful. In a nutshell, this is how it works.
You invest after taxed dollars to The Barefoot Retirement Plan. Yes, unlike an 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 funds before you contribute it. On the surface this may not appear as good as your IRA or 401(k) but please keep reading. We will clearly demonstrate how our program will out perform 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 an illness, an unexpected expense, an unexpected opportunity or investment, college savings or anything under the sun, you can simply take your funds out at any time. We will show you exactly how you will be able to access your money at any time you wish with no 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 proposing 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 these days, most experts believe that our future tax rates will have no choice but to rise sharply.
By setting up a Barefoot Retirement Plan you can 100% protect yourself from having to pay any taxes on the money you pull out. This one benefit alone can make or break most people’s retirement plan.
Retirement Planning Paden
The next task we take in our retirement planning is to get you protected from market losses. Next to taxes, market losses are the next big cause that can crush your retirement dreams and keep you working for much longer than you needed to. Far too many investors lost upwards of 50% of their accounts 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 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 retire. When the crash triggered and they lost about half of everything they had spent a lifetime building up, 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 unique plan you are totally guaranteed not to lose a single cent due to market downturns, losses or crashes. I cannot even begin to tell you how much peace of mind this gives to our clients. Imagine how much easier you could sleep at night knowing that you were guaranteed not to lose a penny in market declines. This one feature alone can make the difference between you having the retirement of your dreams or not.
When you get our plan set up, when the 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 Paden
We also assist our clients with wealth management to insure they reach their investment and financial goals. One of the amazing benefits of our unique and patented flagship plan that we offer is that our program 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 people 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 giant 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 average investor 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 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 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 those funds 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 seventeen percent each year. Then you decide to borrow 80k 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 17% on the entire $100,000 account value.
Additionally you earn whatever return you get on your 80k that you put into your real estate investment. So you are actually 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 unique 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 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 Okfuskee County Call Us Today At: 405-418-6266