Core Financial Services is here to help you find the tools, products, and strategies that work for your personal retirement goals and needs. When you meet with us, we’ll discuss where you are and where you’d like to go. We’ll identify any gaps and help you find the products and strategies that make the most sense for you.
Retirement Income Strategies
With thousands of baby boomers retiring every day, some of the top questions on their minds are, “How can I generate an income to last for the rest of my life?” and “How do I protect myself from longevity risk?” We provide solutions and answers to these common questions. Our retirees feel more confident in knowing their income will last for the rest of their lives.
Life Insurance
Life insurance is mostly viewed as a death benefit, but it can be more than that if properly structured. Both whole life and index universal life insurance can be a tax-free supplement (similar to a Roth IRA) to your income in retirement as well as provide a tax-free stepped-up death benefit to your beneficiaries at your death. If tax efficacy is paramount, consider obtaining an illustration of how this concept could work for you and your family.
Social Security Maximization
Did you know that there are over 100 ways to take your Social Security benefit? And if you make the wrong selection and do not maximize your income, you only have one year to correct it. We help by maximizing Social Security with in-depth analysis of your individual situation to determine when to take your benefits and how to file. Understanding how your Social Security income is taxed is also a priority for many retirees. Our experience with benefits helps us teach you how to increase income and reduce taxes.
Long-Term Care Insurance
Long-term care insurance helps protect you from heavy financial burdens if you or your spouse are unable to perform standard acts of daily living (i.e. walking, using the bathroom unaided, bathing, etc.). The last thing you should have to worry about in a long-term health crisis is the financial cost. We provide comprehensive reviews of your current long-term care insurance and provide options for hybrid products that include both long-term care protection and wealth preservation.
Legacy Planning
It is an important part of every retirement plan to have an estate strategy to help protect your legacy. We work with skilled attorneys with an expertise in living wills, trusts, powers of attorney, and other estate planning documents to make sure your legacy is transferred to who you want, when you want them to receive it.
Federal Employees Benefit
Many federal employees don’t know that they can lose up to 75% or more of their retirement benefits if their plan isn’t properly structured. It’s important to have a roadmap based on a comprehensive retirement income plan.
Our affiliated partners work alongside federal employees (IRS, Social Security employees, Postal workers, and Veterans) to help the gap Office of Personnel Management left when making suitable options for their family.
Complimentary E-books
Select one or more of the complimentary e-books where we address common myths surrounding various financial tools.
Discover your personal retirement
income plan with Core Financial
If you’re nearing or in retirement, discover how Core Financial Services can help you work toward the retirement you want! Fill out the form below for your complimentary consolation.
