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We Bring a Unique Approach
To Retirement.
Retirement:
Simplified
We are a trust-based and family-focused retirement firm, meaning we believe that an authentic and genuine lifelong relationship begins with a solid foundation of truth and honesty. Our clients are like family to us, and we are selective about who we accept into our client family. The process of becoming a client of ours involves a few unique steps designed to meet your retirement goals.
4 Key Markers
On Your Retirement Path
1: Risk
Do you prefer a riskier approach for potentially higher gains, or a more conservative approach for more consistent returns? We work together to discover your preferred risk level for your investments.
2: Income
What do you need money for in retirement? We can assess your needs, evaluate your wants and goals, and create an income plan to address how you’d like to spend your retirement – and what you’ll spend during it.
3: Taxes
Do you know how much you’ll owe in retirement? By analyzing potential tax burdens you could face, we can help reduce the worst and optimize your principle, freeing you to spend your retirement the way you want.
4: Legacy
Where will your money go after you’re gone? Your portfolio isn’t just about what’s happening right now. It’s also about preparing for what comes after. We can help you determine where, how, and to whom you’ll pass your wealth.
Writing Your
Retirement Journey
As we prepare your personalized retirement strategy, we’ll ask you to consider the following:
- Where do you see yourself in the next 10 to 30 years?
- What is your tolerance for financial risk? Is your current portfolio overexposed based on your nearness to retirement and economic outlook?
- How prepared are you for unexpected life events?
- Where will you generate income in retirement? Will you have pension payments, dividends, Social Security, or other forms of income?
- Be prepared with a list of all your assets, including current accounts, retirement assets, and home equity.
- When do you expect to start relying on your assets to cover living expenses?
- Have you worked with an attorney to create an estate plan? This is not only important to ensure your assets are distributed per your wishes, but it can reduce taxes and ensure your health and care needs are met.
Our
Services
With all the options and decisions that come with preparing for the retirement of your dreams, it’s all too easy to feel overwhelmed. Bear Market Financial Services can help you navigate those decisions and create a retirement strategy that’s tailor-made to your unique financial situation and goals.
Retirement Income Strategies
Retirement is an exciting milestone where you can finally enjoy the fruits of your labor to the fullest. But do you have a clear strategy on how to secure your income throughout retirement? Will you have pension payments, Social Security, or any other form of income?
Having a thorough and confident retirement income strategy is crucial if you want to enjoy a secure retirement. At Bear Market Financial Services, we can guide you step by step through the best strategy for you based on your unique situation and goals. When we meet with you, we prioritize offering a straightforward perspective and professional guidance to take the stress out of retirement.
Preservation Strategies
The closer you get to your last day at work, the harder it is to recoup your hard-earned retirement assets after a loss in the market. There’s simply less time to rebuild any lost wealth that could have been prevented with the right foresight.
We believe that by addressing this risk at the front end of your retirement process, you could be able to protect your portfolio from market volatility. At Bear Market Financial Services, we can provide you with the tools you need to fortify the wealth you have worked hard for and protect the financial security of your retirement.
Wealth Management
Life Insurance
When mapping out your retirement, life insurance is the elephant in the room. No matter how much we dread it, insurance is an important part of creating a sufficient, strong strategy.
As a tax-free benefit, we believe there are few better ways to efficiently transfer your wealth to your loved ones than by having a solid life insurance strategy. At Bear Market Financial Services, we offer a clear-cut vision and a simplified strategy to give you the confidence you want for your retirement future.
Long-Term Care
We all hope that we will never have a need for long-term care, but should that day ever come, we want to ensure that you are prepared for any unexpected life events. No one should be weighed down by the heavy financial burden if you or your spouse suffers a health crisis.
Bear Market Financial Services offers a direct and thorough approach to assessing what kind of strategy you already have (whatever stage it may be at) and then tailoring it further to create a sufficient preservation net to catch you when you need it most.
Legacy Strategizing
We understand how important it is to ensure that your loved ones are taken care of according to your final wishes. The last thing you want is for one tiny mistake or oversight in your strategy to topple the wealth and legacy you have built for your surviving spouse and family.
We can help you create a clear legacy strategy that you can be confident in, strategically partnering with experienced attorneys that specialize in dealing with living wills, trusts, and other estate planning documents to ensure that your legacy is transferred to the right people at the right time.
401(k) Rollovers
Everyone agrees that accumulating for retirement is important, but few understand being strategic about the way you withdraw from your retirement accounts is also important. One option to consider is rolling over your 401(k) or other work-sponsored account into a traditional IRA. Fees within an IRA are typically lower than what you’d pay in a 401(k) after leaving your job. When done properly, rolling over your employer-based retirement plan can help start placing money into alternative financial vehicles.
While Roth IRAs can be a great option for some retirees, there are a few reasons why a Roth conversion may not be a great fit for all. For instance, you may not want to pay an upfront tax bill. By converting your account, you are essentially “pre-paying” the taxes at the current tax rate rather than at an unknown tax rate in the future, however if you convert enough it could push you into an even higher tax bracket.
Before making a decision, sit down with our team and your tax professional to see if this makes sense for your unique situation.
Please remember that converting an employer plan account to a Roth IRA is a taxable event. Increased taxable income from the Roth IRA conversion may have several consequences. Be sure to consult with a qualified tax advisor before making any decisions regarding your IRA.
Market Guard®
Market Guard® is a complete series of model portfolios and strategies designed to help empower clients preserve their assets along the way.
Market Guard® dedicates relentless effort to excellence, integrity, and innovation. We apply our proprietary investment methodology that utilizes a non-emotional, methodical, mathematical approach to every investment strategy we offer.