"We guide our clients through their decision making process involved in considering Executive Benefits, Employee Benefits, Wealth Preservation and Insurance Planning."
Retirement Planning
Retirement planning is increasingly complex. A host of investment options, combined with fluctuating interest and inflation rates and other variables, make it difficult to determine how much you will need, where you should invest, and who to turn to for assistance. The complex tax and legislative environment surrounding retirement planning compounds the confusion. With qualified plans (such as IRA, pension, profit sharing, 401(k) and Keogh plans), the timing and amount of withdrawals are critical in order to avoid additional tax penalties. And, if you have accumulated significant qualified plan assets you may face additional problems, including the "Double Tax Dilemma," where the government can tax these assets twice. We guide our individual and corporate clients through the confusion surrounding retirement planning. Our professional staff will:
- Develop customized short and long-term investment strategies based on your personal objectives, risk tolerance, time frame for accumulation, and current financial situation
- Work to preserve and grow your net worth through work to investment opportunities and proper allocation and diversification of assets
- Provide you with access to select investment vehicles, including those that offer tax-deferred accumulation and potential tax-free distributions
Life insurance can be a useful tool to supplement retirement planning efforts. During a client’s working years, the life insurance policy death benefit can protect the family and replace income that would otherwise be lost should something happen to the client. At retirement, the client can then access any potential policy cash value via tax-favored loans and withdrawals.
HOW DOES IT WORK?
The client will apply for a universal life insurance policy on his/her life. The life insurance policy will provide a death benefit that will be received by the client’s heirs income-tax free. At retirement, the client may access any potential policy cash value to supplement his/her retirement income via tax-favored loans and withdrawals.
Dodd Consulting, LLC
One Landmark Square, 8th Floor, Stamford, CT 06901-2603 (map)
Phone: (203) 504-3633 · Fax: (203) 504-3639 · E-mail: info@doddconsulting.net
Securities offered through M Holdings Securities, Inc., a registered broker dealer, member FINRA / SIPC. Dodd Consulting, LLC is owned and operated independently from M Holdings Securities, Inc. Dodd Consulting, LLC is a member of M Financial Group. Please go to mfin.com for further details regarding this relationship.