My Services

Comprehensive Financial Planning Strategies For Retirement

Thomas Kelly largely works with individuals and families approaching or living in retirement. Rather than take unnecessary risk with investments, they seek to preserve their wealth and develop strategies for a steady income stream that lasts through retirement.

Thomas specializes in the following:

Asset Management
Asset management is the process of developing a diversified investment portfolio. Based on the client’s financial goals and risk tolerance, Thomas develops a strategy for clients. Their portfolio may consist of stocks, bonds, mutual funds, money market funds, annuities, and alternative investments. By working with a financial advisor, clients may have access to investments they may not have otherwise. Thomas seeks to manage clients’ assets so they can instead focus on other things in life.

Retirement Planning
Retirement planning is critical for individuals and families approaching and living in retirement. As clients approach retirement, Thomas works with them to develop strategies for preserving their wealth and creating a consistent stream of income. Through the process, Thomas can analyze income sources, help determine future expenses, and assist with 401(k) and IRA rollovers. This may help clients determine when they can retire and what income they can possibly receive on a regular basis. For retired clients, Thomas can assist with estate planning advice and recommendations, answer questions on insurance (including life and long-term care), and continue to manage assets throughout retirement.

Estate Planning
Many individuals want to leave a legacy for their family. As clients approach and live in retirement, Thomas can assist with their estate planning needs, including offering advice, insight, and appropriate recommendations. Estate planning is critical for ensuring one’s wishes are carried out. Without a plan, the state will handle the assets according to probate laws and taxes can quickly add up. Thomas works with clients to help them identify how they want to pass on their assets, who will receive what, and when and how. Additionally, he can work with the client’s attorney to assist in ensuring an estate plan is in place.

Life and Long-Term Care Insurance
The older an individual gets, the more important it is to consider and evaluate life insurance, long-term care, and/or disability insurance. Life insurance is a way to protect a family in the event of an unforeseen death. Thomas can help clients determine an appropriate life insurance option, including efficient and cost effective programs.

Individuals and families are often hesitant to invest in long-term care insurance because they fear they will never use it. Today, life insurance now comes with optional riders that can cover long-term care and critical and terminal illness. This means one policy can cover multiple future situations. Thomas can help clients evaluate these riders and determine an option that may suit their needs.