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Help Protect & Preserve Wealth

The Financial Life Stage of Protecting and Preserving Wealth is also referred to as the Accumulation Phase. These are people typically their 30’s, 40’s, 50’s and 60’s who have established careers and families and are putting aside money for their future retirement. This phase typically has the longest time horizon and the greatest opportunity to impact your future retirement nest egg.

While retirement may still be years away, it’s important to understand tools and strategies available to help maximize growth while mitigating risk. Here are several items to consider during this stage:

  • Manage overall investment portfolio
    • Asset allocation
    • Portfolio diversification
    • Benefits of working with a Financial Professional
  • Utilize tax efficient investment strategies
    • Tax deferral
    • Tax free options
    • Taxable options
    • Awareness of the impact of taxes on your investment strategies
  • Analyze overall insurance plan (life, disability, long-term care and liability)
    • Adequacy
    • Appropriateness
    • Cost effectiveness

Asset allocation or diversification do not guarantee a profit or protect against a loss.