Thomas Best Financial Planning & Retirement Planning 405-418-6266
Financial Advisor Thomas
Are you searching for a financial advisor to assist 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 experienced financial advisors. First of all, congratulations on being smart enough to look for professional help in this really important part of your life.
As you know, we only get one chance at life and one chance to do this right. Life goes by way too fast. If we try and go it alone and fall short of where we need to be, it’s often difficult to make up for lost ground. The longer you wait, the more challenging it will be to make up lost ground and reach your financial goals. According to a recent Forbes survey, only 52% of individuals ask for the help of a financial advisor or financial planner. Forbes also revealed that those who do look for professional help have more profitable financial gains than individuals who do not. It’s smart to get help from a good financial advisor.
Most 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 will I need to retire? (4) What alternative investments can I invest in? (5) How can I save on taxes? The list of questions goes on and on. Money and investing can be very complex and mind blowing sometimes.
We pride ourselves 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 complicated to set up and monitor and thus will not be acted upon in the first place. That’s why we like to keep things simple.
Financial Planning Thomas
Our first goal in financial planning and helping you succeed financially is to first get a starting point 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 need to go, you first need to find out where you are right now.
In our alignment with keeping things simple, we have created a series of our own, custom retirement calculators like; a retirement savings calculator, a retirement planning calculator and various retirement planning tools that are super easy to use, yet very effective. Our simple retirement calculators are 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 small shifts in their financial planning can impact their net results. The first simple retirement calculator we suggest you start with could not be any easier to use. You simply plug in your age, the age you want to retire, the amount you currently have saved for retirement now, how much you contribute 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 believe you will achieve during your retirement years. It’s that easy. Next you just click the calculate button.
The results of your inputs pull up instantly. It will clearly show you if you are on track to obtain 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 are not on track, the retirement calculator will even show you the 4 key areas that you can change to be sure you reach 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 find out if you can reasonably make changes to obtain your goals.
It’s really very 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 people who love using our plans to grow their net worth and protect themselves from soaring tax rates, creditors, soaring fees and keeping their investments private and off the Government grid. However, lots of our clients consider themselves to be financially average.
If you are not on track to achieve 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.
Thomas 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 dollars most Americans spend on taxes is the single largest financial cost of their life? Lots of people have no clue, 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 so important for us to focus on this major expenditure and reduce your taxes as much as you can. 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 fantastic country of ours. It truly is that powerful. In a nutshell, this is how it works.
You put in post taxed dollars to our plan. Yes, unlike an IRA and 401(k) (which are called qualified plans) where you contribute pre-taxed dollars, our program requires you to pay the tax on the funds before you contribute it. On the surface this may not look as good as your IRA or 401(k) but please keep reading. We will clearly show you how our plan will significantly 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 sickness, an unexpected expense, an unexpected opportunity or investment, college or anything under the sun, you can simply take your funds out at any time. We will show you how you will be able to access your money at any time 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 suggesting 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 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 our future tax rates will have no option 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 plan.
Retirement Planning Thomas
The next step 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 issue that can end your retirement dreams and keep you working for much longer than you needed to. Far too many investors lost upwards of 50% of their money in the Dot Com crash of 2000. Then, just 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 money.
Millions of hard working Americans were just getting ready to enter into retirement. When the crash occurred and they lost 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 work to get our clients 100% protected from market losses and crashes, and yes, it truly is possible.
With our patented plan you are 100% 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 brings to our clients. Imagine how much deeper you could sleep at night knowing that you were completely guaranteed not to lose a dollar in 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 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. This plan is smart on steroids.
Wealth Management Thomas
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 our plan gives you the option, if you want 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 most 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 primarily been used by wealthy families, politicians and huge corporations. Believe me, they 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 rich.
Here is a high level look at how the leveraging option could work. Many of our 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 twenty percent in a given year, you earn 17% 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 suffer 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 those funds into ANYTHING under the sun 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 get to 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 0% to seventeen percent each year. Then you decide to borrow 80k 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 zero percent to 17% on the entire 100k account value.
Additionally you earn whatever return you get on your $80,000 that you put into your real estate deal. 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 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 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 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 Custer County Call Us Today At: 405-418-6266