Personal Financial Advisor
in Covington LA
Every day we face challenges managing our finances. Stock market swings, fluctuating interest rates, taxes, debt and inflation – the effects can be unsettling. One thing is certain; the future will come, regardless of whether we are financially ready or not.
Simon & Simon Financial can help you achieve your financial goals and will give you the guidance to:
- Save for retirement.
- Generate retirement income.
- Minimize your tax burden.
- Determine proper insurance coverage.
- Help you develop strategies to manage your financial future.
- Offer personalized programs to help you achieve your unique goals.
As a client, you and your Simon & Simon Financial professional will develop a results-focused plan to ensure that your unique objectives will be given the best opportunity for success.
The Clock is Ticking
Although we all know the future will come, many put off financial planning for “a better time”. The hard truth is that a better time may never come or may come too late. There’s no need to put off planning – the time is now. Creating a financial plan with personal financial advice from Simon & Simon Financial can help you to know where you are, where you want to go and how you’re going to get there. Isn’t now the right time to start planning for your future?
Your 401(k) or 457(b) Plan
If you’re still working you’re probably putting away money in your organization’s qualified, tax-deferred 401(k) or 457(b) plan. As you get closer to retirement, it’s important to start analyzing what will happen when you are required by the IRS to start withdrawing money from those accounts whether you need the money or not—and possibly be thrown into a higher tax bracket as you pay ordinary income taxes on the money you’ve withdrawn. Let’s plan today to help minimize taxes later.