Financial Planning Services

What do you want and need your wealth to do for you – both now and in the future?

For each of our clients to achieve their current and future financial needs and desires, a financial planning process must be followed. This process will ultimately lead to a financial strategy that, when agreed upon, can provide both our clients and our Vested Wealth Management team with a 360-degree view of each client’s financial picture — both now and in the future.

On the most basic of levels, this process must include determining:

  1. Who and what is most important to you
  2. Where you are now
  3. Where you want to be in the future
  4. The best strategy to get you there, or keep you there if you are there now

When each of the aforementioned items are understood and confirmed with our clients, we must then work in harmony with each client’s existing financial team of tax professionals and/or attorneys to achieve each specific want and need. If clients do not have an established team and would like to build a financial team, we will be happy to recommend professionals that can provide guidance in the following areas:

  • Trusts
  • Probate
  • Charitable Giving
  • Estate Planning
  • Tax Planning
  • IRA Legacy Planning

Our insurance professionals and registered investment advisors are not permitted to offer, and no statement contained herein shall constitute, tax, legal or accounting advice. You should consult legal or tax professionals on any such matters.

Retirement Income Strategies

Retirement income plans are not just for the wealthy. As retirement nears, the traditional strategy was to move growth-seeking investments to more conservative, fixed-income investments. When retirement was only expected to last five to 10 years, this may have worked fine.

Today, people are living longer, thanks to new prescription drugs and medical advancements, and it is not unusual for someone retiring at age 65 to live to age 90, or longer. Clients must now plan for their retirement nest egg to potentially last 25 to 30 years beyond their last day of work.

One drawback to a longer life is the greater possibility of outliving your savings — creating all the more reason to develop a retirement income strategy designed to last a longer lifetime.

A significant financial loss in one or more years just prior to and/or just after retirement can have a damaging impact on the level of income you receive over the course of your life. In fact, if a loss occurs earlier in life, there is also the chance that you have more time to recover (versus a significant loss occurring later in retirement). Why is this true? Simply because a client will be left with a smaller pool of assets needed to sustain them throughout their retirement years.

We specialize in designing retirement income strategies that may incorporate both investment portfolios and guaranteed* insurance and annuity vehicles. This combination, when structured properly, can create opportunities for long-term growth as well as guarantee* income throughout your retirement. Although not for all clients, a properly blended market portfolio coupled with guaranteed* lifetime income can meet a client’s lifetime income needs and address the demands inflation may pose on the costs of future goods and services.

*Guarantees are backed by the financial strength and claims-paying ability of the issuing company, and may be subject to restrictions, limitations or early withdrawal fees. Annuities are not FDIC insured.

Investment Advisory Services offered through Global Financial Private Capital, LLC, an SEC Registered Investment Advisor.

Wealth Accumulation

Time doesn’t stand still, and neither does money. That’s why you can use time to your advantage when investing for wealth accumulation.

The longer you invest the more potential your money has to compound interest. If your portfolio has not fully recovered from losses in recent years, you may wish to consider a more aggressive allocation to make up for lost ground and get back on track to accumulating wealth.

However, given lessons learned in stock market investing, it is important to remember that an investment strategy must have the correct ratio of money allocated between financial buckets. Too much money allocated to the growth bucket and clients can be exposed to too much risk. On the other hand, playing it too safe and keeping all money in the security bucket in low paying CDs could result in inflation eroding away future purchasing power. Maintaining the correct balance though each state of one’s life is vital to achieving your financial goals.

Tax Minimization Planning

Rising taxes is a concern for many individuals approaching retirement. It’s important to incorporate tax planning into your financial decisions.

Investing in or purchasing a tax-deferred vehicle means your money can compound interest for years, deferring income taxes, providing the potential to earn interest at a faster rate. While very few financial vehicles avoid taxes altogether, certain insurance products, 401(k) accounts, Roth and traditional IRA accounts can provide tax advantages.

Long Term Care Planning

As the eldest of the Baby Boomers begin to wind through their 60s, one of the biggest concerns may not be outliving income, but outliving good health. For seniors, home health care can cost $50,000 or more per year1, and skilled nursing care can run as high as $80,0002. Does your retirement income plan account for this kind of possibility? Would you be prepared for that number to double as a married couple?

Considering that you have to exhaust virtually all of your financial means before Medicaid will pay for long-term care and neither your employer group health insurance nor major medical insurance will cover long-term care, it’s critically important to plan ahead in order to prepare for these potential expenses.

We can help evaluate your situation and determine if purchasing a long-term care insurance policy may be the right move to help protect your financial future.

1Genworth 2012 Cost of Care Survey: Home Care Providers, Adult Day Health Care Facilities, Assisted Living Facilities and Nursing Homes

 2MetLife: The 2011 Market Survey of Long-Term Care Costs

IRA & 401(k) Assets

When you change jobs or retire, there are four things you can generally do with the assets in any employer-sponsored retirement plan:

  • Leave the money where it is.
  • Take the cash (and pay income taxes and perhaps a 10 percent additional federal tax if you are younger than age 59½).
  • Transfer the money to another employer plan (if the new plan allows).
  • Roll the money over into an IRA.

Rolling over from one qualified plan to another qualified plan allows your money to continue growing tax-deferred until you receive distributions in retirement. We can help you determine if a rollover is the right move for you.

If you determine to cash out of an IRA, we can help you find suitable vehicles to help you reach your retirement income goals.

For guidance on your securities holdings, please consult with a registered investment advisor.

Life Insurance

Life insurance isn’t for those who have died; it’s for those who are left behind. When shopping for life insurance, consider needs such as replacing income so your family can maintain its standard of living, as well as paying for your funeral and estate costs. A general rule is that you should seek coverage between five and seven times your gross annual income. As far as the various types of policies go, they can generally be placed into one of two categories: term and permanent.

Term insurance generally provides coverage for a specified period of time and pays out a specified amount of coverage to your beneficiary only if you die within that time period. In a level premium term policy you pay the same amount of premium from the first day of the policy until the term ends. A permanent insurance policy, on the other hand, will stay permanently in effect for the rest of your life so long as premiums continue to be paid.


In the past, retirees could typically count on three sources of retirement income that divided roughly into thirds. The three sources of income have traditionally been government funded Social Security, employer-sponsored components and individual savings. With this traditional scenario, both the government and employer-sponsored components of the plan were considered predictable — reliable income sources that may also be adjusted for inflation. Only one-third of the plan, individual savings, was the responsibility of the individual. Today, however, due to employer-sponsored plans evolving from guaranteed pension payouts to more defined benefit contribution plans, which generally result in a payout in retirement based upon level of individual participation, the majority of the burden for retirement income seems to have shifted to the individual. For this reason, you may want to consider a guaranteed* fixed income component to your retirement strategy. In short, adding an annuity may be an opportunity to help ensure a portion of your retirement income will be guaranteed.*

An annuity is a contract you purchase from an insurance company. For the premium you pay, you receive certain fixed and/or variable interest crediting options able to compound tax deferred until withdrawn. When you are ready to receive income distributions, this vehicle offers a variety of guaranteed* payout options. Most annuities have provisions that allow you to withdraw a percentage of the value of the contract each year up to a certain limit. However, withdrawals can reduce the value of the death benefit and excess withdrawals above the restricted limit typically incur “surrender charges” within the first five to 15 years of the contract. Withdrawals will reduce the contract value and the value of any protection benefits, and because they are designed as a long-term retirement income vehicle, annuity withdrawals made before age 59½ are subject to a 10 percent penalty fee and all withdrawals may be subject to income taxes. 

To schedule a time to discuss your financial future, contact us at or call us at 954-745-4966 today!

* Annuity guarantees rely on the financial strength and claims-paying ability of the issuing insurance company. Annuities are insurance products that may be subject to fees, surrender charges and holding periods which vary by carrier.  Annuities are NOT FDIC insured. Neither the company nor its agents or representatives may give tax, legal or accounting advice. Individuals should consult with a professional experienced in these areas regarding the applicability of this information to his/her situation.

By contacting us you may be offered insurance and/or investment products for sale.