Serving Clients for Nearly Half a Century
Offering a Variety of Services Customized for Each Client
At CLC Financial Services Group, we’re here to serve a variety of client needs. Our team is comprised of securities-registered and insurance-licensed individuals enabling us to help you design a truly customized retirement income strategy. That way, your course of action always starts with a strong foundation.
Our process is highly collaborative and we’re always thinking of ways to enhance your experience. Our hope is you feel confident in your relationship with us knowing an experienced team is on your side. CLC Financial Services Group can help you with all your retirement income needs, including:
Your Specific Goals Determine Recommended Strategies
Wealth Management
You’ve worked hard over the years to save for your future and grow your wealth. After the accumulation phase, most clients are concerned about preserving and protecting their wealth. No matter what phase you are in, we can help you get the most out of your nest egg.
Retirement Income Planning
Once we understand what kind of retirement you want, we can estimate your expenses in retirement. We consider things like taxes, health care, and possible long-term care needs. Those three items are often some of the most significant expense items in retirement. Any retirement plan should include strategies to minimize taxes and pay for health care and long-term care. We’ll analyze your income and project what it may be in the future then compare your projected income to your projected expenses to see how they compare.
Social Security Maximization
Choosing when and how to draw Social Security can be a tough decision with hundreds of options. Our team can help you navigate the possibilities, so you get the most from your hard-earned benefits.
Roth Conversion
IRAs are another retirement tool that you can add to your overall plan as a way to save for retirement outside of or in addition to employer-sponsored plans and pensions. We can help explain the different IRA account types and get you set up with a new account or rollover a current account so you can make your retirement funds work for you.
Tax Optimization & Distribution Strategies
Tax minimization planning is one piece of a comprehensive financial plan. Nearly every aspect of your financial life impacts your tax exposure. The good news is you can implement strategies to help minimize your exposure to taxes and protect your income and assets. We design and implement custom strategies based specifically on your needs and goals.
Defined Benefit Pension Maximization
Your employer may make contributions toward a pool of funds set aside for your future. That pool of funds is then invested on your behalf, allowing you to receive benefits upon retirement. Job changes or loss can affect your defined benefit pension, and that’s where we come in.
Interested in learning more about our investment planning services?
Desmond Taylor is ready to share his passion for financial literacy and provide information to retirees and pre-retirees on minimizing taxes, social security, and legacy planning.
