Plan Your Future with Confidence
For Individuals and Families
Risk Management
Every day in our lives there is risk involved – whether you are driving, hosting a dinner party, or even enjoying the day on your boat, liability exists all around us. You need a strategy that helps to reduce or eliminate financial risk if a worst-case scenario ever arises.
Thinks About These Questions:
When was the last time you reviewed your auto/boat/home insurance with your financial advisor?
We live in a litigious society. Do you need creditor protection?
Are your assets properly insured?
Are your investments suitable for the protection you seek?
Let's Build a Secure Future Together.
Investment Management
Lauderdale Advisors can stress-test your portfolio and advise you if your current level of risk aligns with your ability to take risk. Everyone likes risk on the upside—when the market is on a tear—but many people cannot bear downside risk and make poor decisions when the market declines.
These days, markets move faster than they ever have. Modern challenges call for modern solutions. We employ a number of various strategies that help clients gain exposure to the market, with some guard rails attached to their portfolio. By managing assets with a modern approach, we can help to insulate an investment strategy while clients can still participate in the market.
Thinks About These Questions:
How much of your investments will you rely on in retirement?
Do you know how much risk you are taking with your current investment portfolio?
Are you comfortable with your current level of risk?
Are you generating enough income to support your lifestyle?
Let’s build the right portfolio together.
Financial Planning
What does retirement look like? How do you want to spend your time and money? Whether it’s traveling, a second home, purchasing that dream toy, or just spending more time with the grandkids, the first step is a sound plan. A well-planned goal can make the difference between an excellent outcome and a mediocre one. Setting the right expectations up front is the first path to success.
Thinks About These Questions:
Do you have a financial plan and an idea of how your retirement assets may look in the future? When you retire, what kind of lifestyle will that afford you?
How will the cost of living, healthcare, and other expenses affect your nest egg in the future?
Is long term care coverage an appropriate investment?
What is your plan if you have a sudden loss of income?
Do you have adequate assets to cover long term care needs?
If you’re in your working years, how can you best plan to have different buckets of assets to mitigate taxes and creditor risk?
Do you have you have children or are you planning on having children? How can you plan for their education?
Let’s start planning for your future today.
Life Insurance Planning
Life insurance is a very important tool, but it is one that is frequently misused. Think of this analogy… If life insurance is a crowbar, but we need to drive a nail into a board, then we are using the wrong tool. However, that crowbar can still be very useful in other ways; and like a crowbar, life insurance offers leverage.
Life insurance has been given a bad reputation over the years, and for good reason. Many firms lead with expensive and unnecessary life insurance products, and follow with other types of investments. In our experience, many clients have little need for life insurance, but for some it is imperative. Life insurance creates liquidity: (a) money to fund your family’s everyday expenses when you are gone; (b) money to pay any potential estate taxes; and (c) money to leave your heirs if you so choose. Life insurance can also be used as a valuable investment vehicle to achieve tax deferred growth and creditor protection.
Here is Something to Think About:
When was the last time you reviewed your life insurance with someone other than the person who sold it to you?
Let’s properly protect you and your nest egg together.
Income Tax Planning
Whether you are early or far along in your career, funding a retirement plan can help you defer taxes. For many people, the choice is obvious: give the money to the IRS or fund a retirement plan for you..It’s not what you make; It’s what you keep. That’s what links financial planning and income tax planning. We work closely with CPAs and asset protection attorneys to help determine what makes sense for you.
Thinks About These Questions:
Are you investing in tax-advantaged or tax-deferred investments?
Asset location is important. For example, taxable bonds may best be located in a tax-deferred account.
Should you consider tax-free investments?
How else can you invest to kick the tax can down the road?
Are Roth conversions an effective strategy to mitigate taxes in retirement?
Let’s build a tax efficient strategy together.
“Any one may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose that pattern which will best pay the Treasury; there is not even a patriotic duty to increase one’s taxes.”
Estate Planning
According to Gallup News, less than 50% of Americans have a will. “Someday” is when most of us plan to get around to formalizing what we want to happen when we are gone. But “Someday” as Dr. Phillip C. McGraw (“Dr. Phil”) points out, is not a day. “Monday, Tuesday, Wednesday, Thursday, Friday, Saturday, and Sunday are on my calendar. But Someday? No.”
We refer our clients to estate planning attorneys and carefully monitor and engage in the process.