Individual Solutions

THE PATH Financial Strategies recognizes that successful financial planning begins with understanding your individual goals, as well as those of your family. We strive to develop an honest, open relationship so we can recommend customized solutions related to:

 

 

 

Short Term Monetary Goals

Long Term Monetary Goals

Asset Allocation

Risk Tolerance

Pension Maximization

Disability Planning

Retirement / Estate Planning

 

 

 

 

Short Term Monetary Goals

 

Ask yourself:  How would sufficient funds for things you want affect your peace of mind? Do you have funds readily available for major home repairs? Do you dream about having money set aside for holidays and vacations?

 

Many revert to using credit, but with proper planning and structure, you can prepare for these financial expenditures and more. It starts with identifying your goals and then creating a structured plan to allocate funds toward fulfillment of those goals. THE PATH Financial Strategies can help; please contact us. top of page

 

 

 

 

 

Long Term Monetary Goals

 

Just as you have short-term plans, you probably have goals extending 5 or 10 years into the future – or perhaps longer. Is your dream a vacation home on the water, a private education for your children or launching your own business? Are you financially prepared for your children’s college education?  Disciplined planning and execution can increase your chances for reaching your goals. We sit down with you, ask questions, and most importantly, we listen. Then together we prudently plan ways to help you achieve your future objectives. top of page

 

 

 

 

 

 

 

Asset Allocation

 

An essential element of financial planning is creating asset allocation based on your goals and ability to tolerate risk. The best performing asset may vary from time to time, so a mixture of assets and periodic rebalancing of your portfolio will more likely help you reach your short-term and long-term goals.  

 

 

Typically, an asset mix can include liquid savings, certificates of deposit, mutual funds, annuities, and cash value life insurance, just to name a few. No one should recommend that mix without taking time to understand you and your goals. At THE PATH Financial Strategies, we get to know our clients, their families, and their goals – and then plan accordingly. With us, every client merits an individualized plan, and every relationship is personal. 

top of page

 

 

 

 

 

Risk Tolerance

 

Know thyself. An open, honest perspective of your tolerance for risk should be one of the first steps in your financial plan.  So why compromise with a cookie-cutter or one-size-fits-all approach to planning?

 

 

THE PATH Financial Strategies assesses your tolerance for risk during our initial conversations. We look at return versus risk based on your goals and timeframes. Taking chances that keep you up at night are not worth it. You should be comfortable with your choices and live comfortably with them.  top of page

 

 

 

 

 

 

 

 

 

 

 

 

Pension Maximization

You face a tough dilemma if you're eligible for pension at retirement. It could cost you and your spouse thousands of dollars if not properly planned.  "Pension dilemma" can include severe trade-offs: deciding whether to take your full pension benefit and expose your spouse to a loss of benefits at your death, or taking less than your maximum benefit in exchange for continuing benefits for your spouse after you die. Fortunately, for many couples, there is another alternative: pension maximization. This insurance option enables you to take your full pension benefits at retirement and use some of the pension proceeds to purchase a life insurance policy to replace the lost benefits for your spouse if you die first. Want to hear more? top of page

 

 

 

Disability Planning

No one likes to think about getting hurt, having to miss work, or worse, changing a lifestyle due to a severe injury. Disability planning is often neglected, but without disability insurance you expose yourself, your family, and perhaps your business to financial risk. All the retirement planning, automatic savings, and best asset allocations, funds, and returns will count for little if you have to invade your retirement savings due to a disability before you actually retire. 

 

Plan for what could happen. THE PATH Financial Strategies can help you incorporate disability insurance as part of your overall planning solution.  top of page

 

 

 

Retirement / Estate Planning

Some think estate planning doesn’t apply to them, but if you own a home or have any possessions of worth, you have an "estate" – and, the sooner you start planning, the better. One day you may want to retire, work on your golf game, garden, vacation with grandchildren, or relax with family and friends. But you’ll want assurance that you and your loved ones are well provided for in the future.

 

Reaching that goal doesn’t just happen; it results from decisions you make today, like retirement planning and estate planning. These processes map out strategies that help create financial options and help provide financial security for you and for your family. Fortunately, there are more retirement and estate planning choices available today than ever before. Contact THE PATH Financial Strategies to customize and launch your plans.. top of page

 

 

 



Copyright 2013. All Rights Reserved. Privacy Policy.

 

Calculators

Newsletters

Subscribe to our Newsletter