Money Professionals

Financial Planning

Money Professionals LLC offers both comprehensive and goals-based financial planning on an hourly fee basis or by retainer. Our comprehensive planning services may include the following:

  • Pre and Post Retirement Planning
  • Retirement Distribution Planning
  • Educational Funding
  • Estate Planning
  • Risk Management / Insurance Planning
  • Investment Management / Planning
  • Special Needs Planning

Our firm specializes in Retirement Income Planning for those approaching or already in retirement.

Investing during retirement is completely different from investing for retirement. The requirement to generate consistent and reliable income over the long-term changes the investment focus in a fundamental way.

During the accumulation phase, it is completely rational and consistent to take a full measure of equity risk in return for the probability of higher returns. The emphasis is correctly placed on attaining the highest possible return. At retirement, however, the objectives change to generating income and not running out of money. An entirely different strategy is called for.

If you are approaching retirement, you are likely to have several key concerns:

  • How soon can I actually retire?
  • Will I be able to retire without sacrificing my current standard of living?
  • What is the best strategy for consolidating several types of accounts to create an income flow?
  • How can I access my retirement accounts if I retire before age 59 ½ without penalty?

If you are already retired, your concerns will probably include:

  • How much can I safely withdraw from my portfolio?
  • How can I make sure that I don’t run out of money?
  • Can I protect my income stream from inflation?
  • How can I minimize the impact of taxation?
  • How can I preserve and transfer assets to the next generation?

Our firm can assist you in answering these and other important questions pertaining to your retirement and/or other planning issues.