Comprehensive Retirement Planning
Estate & Financial Strategies, Inc.
At Estate & Financial Strategies, we help you attain and maintain your standard of living and quality of life. You never have to worry about running out of money, no matter how long you live. We aim to help you be a good steward of your wealth. We’ve always believed that people can live a better life if their finances are properly managed and well understood. This inspired us to pursue a career in financial services to help people live a life focused on what’s truly important.
Let us help you on your path to financial freedom and retirement.
It’s Time To Get On Track
Our 7-Steps to Financial Freedom
We follow a seven-step process to create your personalized plan to help you achieve financial freedom in retirement. Using our custom “Lifestyle Expense” worksheet and experienced team of professionals, we can help you make informed decisions about your money based on facts.. We take the time to thoroughly explore your needs no matter the stage of life you are in to help provide a custom tailored solution that we continue to monitor and adjust until the end of time.
Retirement Income Planning
We’ll plan and help create strong and predictable income which is the foundation of a comfortable lifestyle.
Wealth Management
Our wealth management is based on a philosophy of controlling for volatility and eliminating unnecessary fees.
Inflation Protection
We develop proactive strategies to shield your purchasing power from the rising costs of living. By incorporating growth-oriented assets and cost-of-living adjustments into your financial plan, we ensure your portfolio keeps pace with a changing economy. Our goal is to mitigate “inflation drag,” protecting the real value of your assets so that your standard of living remains stable and secure over the long term.
Retirement Savings Optimization
We specialize in tax-efficient strategies designed to maximize your future retirement income while preserving your current capital. By leveraging advanced planning techniques and optimizing your contribution levels, we help you capture more growth while minimizing the “tax drag” on your savings. Our goal is to ensure your retirement accounts are working as hard as possible, creating a robust financial surplus that provides greater security and flexibility for you and your loved ones.
Legacy & Estate Planning
Since we all will eventually pass, it is critical to have a plan to make sure that your hard-earned assets go to your loved ones and charities in the most efficient manner.
Social Security Optimization
We help you navigate the complexities of Social Security to ensure you claim every dollar you are entitled to. By analyzing various filing strategies and timing options, we determine the optimal window to begin benefits based on your health, longevity, and overall financial plan. Our goal is to maximize your lifetime cumulative income, turning a complicated government program into a powerful, predictable foundation for your retirement.
Key Considerations
The Six Pillars of Your Financial Future
Six Fundamental Financial Planning Risks
These six key risk factors can impact your financial goals now and in the future. The question is not if these will affect your finances, but to what degree. We evaluate your sentiment toward each consideration and quantify the potential effects on your assets over time. This allows us to build customized strategies to help you achieve your financial objectives for retirement.
Longevity
Outliving financial assets as the result of a longer life.
Inflation
Reduction in real purchasing power as the result of increasing cost of living.
Mortality
Loss of financial assets as the result of a partner’s or spouse’s death.
Liquidity
Limited access to assets to meet life’s unexpected financial needs.
Market
Unexpected reduction in the value of financial assets at the time of withdrawal.
Taxes
Decreasing income and assets and/or the impairment of legacy assets from increasing taxes.
Retirement Resources
Read Hank Parrott’s Book
7 Steps to Financial Freedom in Retirement
Plan & Prepare The 7 Key Steps of Retirement Planning
In Seven Steps to Financial Freedom in Retirement, expert Hank Parrott simplifies complex planning through a custom “Lifestyle Expense” approach designed to help you determine exactly what you need to live comfortably with minimal risk. This educational guide uses detailed questionnaires to provide a clear roadmap, covering everything from the tax implications of IRAs and 401(k)s to the basics of annuities, estate planning, and asset protection. It is an indispensable resource for anyone looking to assess their financial health, craft a secure, predictable post-retirement lifestyle, and be a better steward of all the resources God has blessed them with.
