The financial planning firm we are affiliated with, Retirement Planning Specialists, Inc., was founded by Jeff Fouts. When you utilize our financial planning firm, you are provided with assistance in all phases of personal wealth building. When you develop a financial plan early in your life and continue to make wise decisions, you are able to achieve financial security for yourself, your children and future generations. Let us assist you in using your money to achieve the success you desire.
It is not only the wealthy that need to create a financial plan. No matter your income level, our legal team wants to assist you in making your money work. We provide help to people in creating an initial financial plan and in updating that plan to adjust for life circumstances. Call our office at (678) 242-8344 to speak with an Ellijay financial planning attorney who can provide you with the personalized financial planning advice you desire. We can answer the questions you have, including:
- When does financial planning begin?
- What is included in a financial plan?
- How can Retirement Planning Specialists, Inc. help?
When Does Financial Planning Begin?
The fact is that you should construct a solid financial plan today if you haven’t already. It’s not unusual for people to work their whole lives, only to be left with a meager savings or an insufficient retirement fund. When you have worked your whole life, you deserve to be able to enjoy your retirement, send your children to college, and leave a legacy for future generations.
Financial demands can burden people for their whole lives. Because of this, it can be difficult to accomplish the money goals you have set for yourself if you don’t have a solid plan in place. Our specialists can help you make that plan.
The sooner you begin working with a financial planning professional, the more money you can save for your future. You will begin to earn benefits from compound interest the day you start saving. When you start to save early, you are able to take full advantage of contribution limits, since you will no longer be missing years of investing.
Even if you have already amassed quite a bit of savings, it is important to secure financial planning advice. You may believe that you are on the right track when it comes to your finances, but there are always risks that could ruin what you’ve built. We can help ensure that those risks don’t undermine your efforts.
A lawyer who offers financial planning advice can assist you in identifying threats to your financial security. An attorney with both financial and legal knowledge can utilize their experience to help you find ways to get the maximum benefits from asset protection tools.
What Is Included in a Financial Plan?
Each person’s financial plan is unique. Your plan will be tailored in accordance with your life situation, income level and goals for the future. A person who earns a wage income, for example, will have a different plan that someone who owns their own business. Personal and professional investments will dictate the components of your financial strategy.
Regardless of your current financial situation, your plan should include immediate and future goals, strategic approaches to achieving those goals, and the way in which legal tools will protect the wealth you have built once you have realized your goals. We can help you complete essential financial planning tasks in different ways:
- Using IRAs and other tax-advantaged accounts to help protect you in the event of bankruptcy.
- Setting financial goals for different phases of your life and choosing the appropriate products to invest in.
- Using powers of attorney, trusts and other tools to protect you in the event you become incapacitated or suffer a financial loss.
These are only a few of the steps we will take in constructing your unique financial plan. We will work with you to create a personalized plan that is appropriate for you and your family.
How Can Retirement Planning Specialists, Inc. Help?
Retirement Planning Specialists, Inc. will provide you with assistance in setting up and maintaining your financial plan in Ellijay. We can help you both manage your money and amass wealth. To discover more about how Retirement Planning Specialists, Inc. can help you and your family, call (678) 242-8344 or contact us online to speak with a member of our team.