Financial Managers Saline MI

In short, talking with a financial and tax advisor regarding the adequacy of current estate and retirement plans is an essential first step for anyone interested in leaving behind a lasting personal and financial legacy.

Laurie Stegenga
Foresight Capital Management Advisors, Inc.
(734) 709-3771
7029 Noble Road
Saline, MI
Expertises
Retirement Plan Investment Advice, Ongoing Investment Management, Advising Medical Professionals, High Net Worth Client Needs, Middle Income Client Needs, College/Education Planning
Certifications
NAPFA Registered Financial Advisor, AIF, CFP®, CPA, PFS

Ronald Shaw
Shaw Financial Strategies, LLC
(734) 769-3927
3135 S. State Street, Suite 203
Ann Arbor, MI
Expertises
Helping Clients Identify & Achieve Goals, Ongoing Investment Management, Retirement Planning & Distribution Rules, Tax Planning, Estate & Generational Planning Issues, Planning Issues for Unmarried & Same-Sex Couples
Certifications
NAPFA Registered Financial Advisor, CFP®

Robert Oliver
Oliver Financial Planning, LLC
(734) 926-0022
1207 Packard Street, Suite S-1
Ann Arbor, MI
Expertises
Hourly Financial Planning Services, Investment Advice without Ongoing Management, Retirement Plan Investment Advice, Retirement Planning & Distribution Rules, College/Education Planning, Cash Flow/Budgets/Credit Issues
Certifications
NAPFA Registered Financial Advisor, CFA, CFP®, MBA

Michael Rudy
Wolakota, LLC
(734) 480-6211
878 South Grove Road
Ypsilanti, MI
Expertises
Middle Income Client Needs, Newlyweds & Novice Investors, Planning Issues for Business Owners, Investment Advice without Ongoing Management, Hourly Financial Planning Services, Planning Issues for Unmarried & Same-Sex Couples
Certifications
NAPFA Registered Financial Advisor, CFP®, EA, MA

Wayne Titus
AMDG Financial
(734) 737-0855
684 Deer Street
Plymouth, MI
Expertises
Ongoing Investment Management, Planning Issues for Business Owners, Women's Financial Planning Issues, Charitable Giving - Trusts & Foundations, Estate & Generational Planning Issues
Certifications
NAPFA Registered Financial Advisor, AIF, AIFA, CPA/PFS, CISA

Todd Kephart
Retirement Income Solutions, Inc.
(734) 769-7727
455 E. Eisenhower Parkway, Suite 300
Ann Arbor, MI
Expertises
Retirement Plan Investment Advice, Retirement Planning & Distribution Rules, High Net Worth Client Needs, Advising Medical Professionals, Helping Clients Identify & Achieve Goals, College/Education Planning
Certifications
NAPFA Registered Financial Advisor, CFP®, MBA

Frank Moore
Vintage Financial Services, LLC
(734) 668-4040
101 N. Main Street, Suite 800
Ann Arbor, MI
Expertises
Ongoing Investment Management, Estate & Generational Planning Issues, College/Education Planning, Retirement Planning & Distribution Rules, Tax Planning
Certifications
NAPFA Registered Financial Advisor, CFP®, MS

Savvas Giannakopoulos
Arbor Financial
(734) 761-6626
5340 Plymouth Road, Suite 102
Ann Arbor, MI
Expertises
Ongoing Investment Management, Planning Issues for Business Owners, Middle Income Client Needs, Retirement Planning & Distribution Rules, Tax Planning
Certifications
NAPFA Registered Financial Advisor, BS, CFP®, EA, MBA

Sam Fawaz
Y.D. Financial Services, Inc.
(734) 447-5305
47969 Inveraray Road
Canton, MI
Expertises
Tax Planning, Divorce Planning, Planning Issues for Business Owners, College/Education Planning, Ongoing Investment Management, Planning Concerns for Corporate Executives
Certifications
NAPFA Registered Financial Advisor, BBA, CFP®, CPA, MST

Mr. Christopher J. Michalak, CFP®
(734) 429-1040
537 E Michigan Ave
Saline, MI
Firm
Capstone Tax & Financial, Inc
Areas of Specialization
General Financial Planning, Retirement Income Management, Retirement Planning, Tax Planning, Tax Preparation, Wealth Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $100,001 - $250,000



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Data Provided by:

Increasing Life Expectancies May Require Additional Retirement and Estate Planning

“Increasing Life Expectancies May Require Additional Retirement and Estate Planning”

David A. Grimaldi

Madison Avenue Location

According to the U.S. Census Bureau, people today can expect to live longer in retirement than ever before. Increased life expectancies mean we’ll all probably have to do a better job of planning for our retirement and protecting our estate assets than previous generations. Working out a sound retirement plan now—before you need it—may help achieve retirement and other important financial goals.

Retirement Planning

Creating a retirement plan can help with a comfortable retirement. In drawing up your retirement plan you should take into consideration your:
. Anticipated costs of living during retirement
. Current retirement assets
. Current retirement savings and investments
. Expected rates of investment, and present and potential inflation rates

Once this information is determined, you can calculate any shortfall between projected retirement income and anticipated costs of living during your retirement. It’s important to plan so that you have enough assets to get you through, not merely to, retirement. You might include in your comprehensive retirement plan such elements as:
. 401(k) plans
. Roth or traditional IRAs
. Education savings plans
. Life insurance or annuities
. Tax-advantaged investments

Estate Planning

Most of us already know that our estate includes every asset and debt we have. However, few of us probably also realize that:
. Federal tax rates begin at 45% and rise to 47% for estates valued at $1,500,000 or more for 2005
. Estate taxes are due within nine months of death

To help meet estimated future needs, investors can employ the following strategies:
. Updating current estate plans
. Titling assets to maximize credit available against federal estate taxes
. Purchasing life insurance to cover estate tax and settlement costs
. Establishing certain irrevocable trusts, which may help remove assets from your taxable estate
. Making gifts of $11,000 or less to reduce the value of your estate

In short, talking with a financial and tax advisor regarding the adequacy of current estate and retirement plans is an essential first step for anyone interested in leaving behind a lasting personal and financial legacy.

For More Information

If you’d like to learn more about Retirement and Estate Planning, please call 866-651-8625 These materials are provided free of charge for general informational and educational purposes to our brokerage clients. These materials do not take into account your personal circumstances and we do not represent that this information is complete or applicable to your situation. We may change these materials at any time in the future without notice to you. We are not providing you with investment, tax or legal advice. You should consult your own tax, legal, investment or other advisors to determine whether the analyses in these materia...

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