OUR SERVICES

Retirement Planning

In the simplest sense, retirement planning is the planning one does to be prepared for life after paid work ends, not just financially but in all aspects of life. Here at Edwards Financial & Assoc. we want to know the lifestyle you've always envisioned for your golden years and how we can help you meet your goals:

Private Reserve Strategy

Life Insurance

A protection against the loss of income that would result if the insured passed away. The named beneficiary receives the proceeds and is thereby safeguarded from the financial impact of the death of the insured.

Long Term Care

Long-term care (LTC) is a variety of services which help meet both the medical and non-medical needs of people with a chronic illness or disability who cannot care for themselves for long periods of time. The cost to maintain a desired standard of care as we enter the final chapter in life is outpacing inflation at a rate of 5% in California. Without proper planning these costs will drain any retirement savings.

401k Rollovers

A rollover can occur from a 401k into an IRA or a Roth IRA, provided that the individual's adjusted gross income is below a certain level in the tax year in which the rollover occurs.

IRA

An individual retirement account(IRA) that allows individuals to direct pretax income, up to specific annual limits, toward investments that can grow tax-deferred (no capital gains or dividend income is taxed)

Estate Planning

Estate planning is the process of anticipating and arranging for the disposal of an estate during a person's life. Estate planning typically attempts to eliminate uncertainties over the administration of a probate and maximize the value of the estate by reducing taxes and other expenses.

Cash-Value Life Insurance

Annuities

An annuity is a contract between you and an insurance company that is designed to meet retirement and other long-range goals, under which you make a lump-sum payment or series of payments. These financial products grow funds and can pay a guaranteed lifetime income stream for as long as the individual lives. Annuities typically come with optional riders that can guarantee a yearly compound interest rate as high as 8%, and at times bonuses of up to 10% just to place your funds with the insurance carrier.

Living Trusts

With a living trust, your assets (your home, bank accounts and stocks, for example) are put into the trust, administered for your benefit during your lifetime, and then transferred to your beneficiaries when you die.

It is not enough to have a will. Without a properly funded trust you risk your assets going into probate and your beneficiaries paying up to 10 - 25% in costs and fees.

ROTH IRA

An individual retirement account allowing a person to set aside after-tax income up to a specified amount each year. Both earnings on the account and withdrawals after age 59½ are tax-free.