Financial Planning is the process of putting together all of your financial pieces so that you can achieve your goals. Your goals can include many things, such as planning for retirement, changing jobs, saving for higher education or making sure you have the resources for that special renovation or travel plan. We can help you bring the pieces of your financial puzzle together for a clear picture of what you need to do. We also offer comprehensive planning for questions and circumstances that require more in-depth analysis.
As a fee only registered investment advisory firm we can invest and manage your money. Together, through thoughtful, personal discussions we will assess your priorities and needs and create an individualized investment process. We will also determine the most appropriate investment allocation for you. This process is designed in consideration of your risk tolerance, personal financial requirements and your financial obligations and resources. Your investments will then be monitored on an ongoing basis and rebalanced as necessary.
Whether you are still accumulating assets for retirement or starting to think about turning those assets into income to support your retirement lifestyle, we can help you appropriately plan and structure your money. We can also assist with creating an income stream for you during retirement. In addition, we monitor, rebalance and reallocate your money to meet your ongoing needs.
Social Security Maximization
When to elect Social Security may be the most important decision you make in retirement. The wrong decision could cost you thousands of dollars. We are here to help. We will show you how Social Security works, how to maximize your Lifetime Income, how your Social Security benefits can coordinate with your existing investments and pensions. There are also strategies to coordinate spousal and survivor benefits. In summary, we will show you how, why, when you should take Social Security.
Tax Preparation and Estate Planning
As a part of financial planning, taxes and estate planning are a part of the equation. Larson Financial Planning works closely with Estate Planning Attorneys and Tax Specialists. If you have a current relationship with an attorney or tax preparer, we will work with them to ensure that your documents and strategies are coordinated. In the event that you need the services of an attorney or tax preparer, we can refer you to specialists with whom we have worked with for years. We will also accompany you to those appointments if needed.