Services
Let us Strategize Your Retirement.
With all the options and decisions that come with preparing for the retirement of your dreams, it is all too easy to feel overwhelmed. Bear Market Financial Services can help you navigate those decisions and create a retirement strategy that is 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 hard labor to the fullest. But do you have a clear plan on how to preserve your income to carry you through retirement? Will you have pension payments, Social Security, or any other form of income? Having a comprehensive retirement income strategy is important and designed for you to enjoy a confident retirement. At Bear Market Financial Services, we can guide you step by step through the ideal plan for you based on your unique situation and goals. When we meet with you, we prioritize offering a straightforward perspective and professional guidance to help take the uncertainty 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 is simply less and 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 preserve your portfolio against market volatility. At Bear Market Financial Services, we can provide you with the tools you need to support the wealth you have worked hard for and help you enjoy a confident retirement.
Wealth Management
At Bear Market Financial Services, our wealth management services are designed to provide you with a comprehensive strategy that aligns with your financial objectives and risk tolerance, helping to ensure that your wealth is effectively managed and optimized. It’s important to have an investment plan, not just a place to invest your money, but a strategy that is part of a fully integrated plan – one that is based on your goals, short-term and long-term, your needs and wants.
Learn more about our investment methodology known as Market Guard® here.
Life Insurance
Insurance is the elephant in the room when mapping out your retirement. No matter how much we dread it, it is a tool used when creating a comprehensive, strategic plan. 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 plan. At Bear Market Financial Services, we offer a clear-cut vision and a simplified plan of action to give you the sense of 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 we want to ensure that you are prepared for any unexpected life events, should that day ever come. 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 plan you already have (whatever stage it may be at) and then tailoring it further to create a sufficient strategy when you need it most.
Legacy Planning
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 plan to topple the wealth and legacy you have built for your surviving spouse and family. We can help you create a clear legacy plan that you can be confident in, partnering with experienced attorneys that specialize in dealing with living wills, trusts, and other estate planning documents to ensure 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.
Avoiding the Top 10 Retirement Regrets
Retirement is supposed to be the best time of your life, but for many, it can come with some regrets. The part we sometimes learn too late is that when it comes to retirement, there are no do-overs.
This booklet explores some of the biggest retirement regrets so we can help you plan and avoid them. Because let's face it - no one retires thinking, “I can’t wait to be bored and broke!”
Fill out the form below to get your copy!
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