Tim Kaley is an investment advisor representative of Gradient Advisors, LLC, an SEC registered independent investment advisor. His mission is to provide local families and businesses with innovative financial strategies and planning to help lead to financial clarity and security.
STEP NEW GENERATION RETIREMENT PLANNING
It wasn’t so long ago that retirement meant a pension and a gold watch, but today’s world looks much different than it did for past generations. With market volatility and fluctuating interest rates, generating retirement income can become more complex. Additionally, with the loss of pensions and the rising cost of healthcare, the burden of retirement falls heavier on the shoulders of individual Americans. But you don’t have to carry it alone.
The New Generation Retirement® system is a holistic approach to retirement planning. It consists of five steps that incorporate three hallmarks of our company: fiduciary, transparency and technology. Through this planning process, you’ll be able to see that we’ve given careful consideration to asset allocation and risk, income planning, asset maximization, legacy planning and tax strategies.
Step One explains my role as a financial services professional and introduces The New Generation Retirement system.
Step Two encompasses detailed questions about your financial well-being. This begins with the Color of Money Risk Analysis and incorporates the elements of discovery and client feedback to approach your specific situation.
Step Three considers specific recommendations to help you meet your desired goals.
Step Four uses the agreed-upon strategy to discuss recommendations and determine if creating new accounts or purchasing new financial products is necessary.
Step Five addresses your long-term success and incorporates adjustments as you deal with potential life changes or desired modifications. Helping you thrive in a new generation of retirement goes beyond any initial recommendation and is based on our ongoing commitment to your retirement goals and objectives.
The New Generation Retirement System is based on three hallmarks of our company: fiduciary, transparency and technology.
Fiduciary
Providing you with a fiduciary level of service means we are legally bound to always do the right thing for you and your family by only offering strategies that serve your best interest. Our commitment to you as a fiduciary is also an assurance to act with transparency throughout our relationship.
Transparency
Our commitment to transparency ensures that each step of our work together is recorded and that every document and report is easily accessible to you. This is visible through a strong foundation of technology.
Technology
The right technology can make managing and organizing your retirement an easier process. When you partner with our company, you receive access to Generational Vault – a secure online portal that allows you to easily organize, manage and access your financial life. Generational Vault serves as the vehicle to document and record our commitment to act as a fiduciary and be transparent throughout our relationship.
Explore strategies to help maximize your Social Security benefit.
If you’re like many retirees, your Social Security benefit represents years of savings and hard work and may be the foundation upon which you plan to build and grow your retirement income. Though most Americans have some basic familiarity and knowledge on the topic, far less are able to determine — on their own — the optimal way to file so they can maximize their benefit and carefully integrate it into the rest of their retirement strategy.
At Kaley Financial Group, we help our valued clients develop an understanding of their Social Security benefit, and both educate and inform them on the optimal time to start accepting their benefit. According to the Social Security Administration (1), delaying your benefit may potentially increase your benefit amount by as much as 8% per year.
There is a lot to know about Social Security, and it is important for you to be educated so you head into retirement with a strategy on how you will rely on your benefits. Our firm is committed to helping you get the most you can out of your benefit, so you can take one step closer toward the comfortable and enjoyable retirement you’ve been working so hard for!
We have put together an informative brochure that helps answer the following questions:
We have put together an informative brochure that helps answer the following questions:
- What is your Social Security benefit amount?
- What are the Social Security benefit filing options to help achieve your maximum lifetime income?
- Are there different options if you are married?
- Does earning additional income while you are on Social Security impact the value of your benefit?
- Do you pay tax on your benefit?
Please contact us to receive your brochure today.
(1) https://www.ssa.gov/planners/retire/1943-delay.html
Kaley Financial Group, LLC, Timothy Kaley, and Gradient Advisors, LLC are not affiliated with or endorsed by the Social Security Administration or any government agency. This content is for informational purposes only and should not be used to make any financial decisions.
At Kaley Financial Group, our main objective is helping you accomplish your evolving investment aspirations and goals in today’s complex investment marketplace. The recommendations you receive are tailored to you and factor your risk tolerance, desired returns, time frame, and income specifications
The benefit of asset maximization
Asset allocation is a management process that combines various asset classes (stocks, bonds, mutual funds, and more) into a portfolio. Asset maximization is a related strategy that layers in additional considerations, including lifetime after-tax income and the tax implications of generational wealth. Our confidence in this process, combined with our objective-driven management, make us a fit for those investing for retirement income. We’re also adept at focusing your assets to create a source of retirement income with moderate volatility and appropriate growth goals.
Asset maximization with a fiduciary
Advisors who are fiduciaries have an obligation to utilize products that are in your best interest. Therefore, we develop your personalized asset allocation model based on individual risk tolerance, objectives and financial needs. Using a disciplined investment philosophy and rigorous risk management, we focus on creating a portfolio to meet your individual goals.
Diversification and asset allocation does not assure or guarantee better performance and cannot eliminate the risk of investment loss. Before investing, you should carefully read the applicable volatility disclosure for each of the underlying funds, which can be found in the current prospectus.
Prepare your business for the future.
Just as people plan for their future before and after retirement, many business owners find it important to plan for their businesses’ futures — both for while they’re still there and for once they’ve moved on.
One important step of this process is developing a proactive and purposeful strategy to address workplace needs and goals. Likewise, it’s often a good idea to develop a thorough and thoughtful succession plan for what will happen with your business once you elect to move into the next chapter of your life.
We can help provide you with case-specific and tax-efficient strategies to help manage your concerns and potentially increase the efficiency of your business for as long as you own it, and then some.
Our goal is to help you identify your business needs and match them with the strategies most capable of accounting for them. Contact us to learn more.
Insurance solutions to help meet a variety of goals.
Some retirees are concerned with the impact a market loss may have on the future of their income and assets. Others are looking for a reliable income stream. Still others actually underestimate the impact of a market loss.
For that reason, we offer a number of insurance solutions that can be used to protect more than just your physical assets. They can also be used to help protect your future. Whether they’re right for you depends on your unique retirement goals. Our firm helps individuals protect their retirement assets while still achieving growth by offering a variety of insurance products as part of a retirement strategy.
With the right strategy, you can potentially earn money with your money through the use of fixed annuities* and life insurance. Our firm can help you create a dependable and sustainable source of retirement income to be used now, in the future or whenever you need it most.
We offer the following services or can refer you to a trusted financial services professional who does:
• Fixed and Fixed Indexed Annuities
• Life Insurance
• Long-Term Care
• Health Insurance
• Medicare Supplements
Contact us to explore if one of our insurance solutions could fit within your retirement strategy.
*Annuities are designed to be long-term insurance products. Early withdrawals may impact annuity cash values and death benefits. Taxes are payable upon withdrawal of funds. An additional 10% IRS penalty may apply to withdrawals prior to age 59 ½. Income benefit riders may be offered either built-in or for an additional cost. Annuities are not guaranteed by FDIC or any other governmental agency. Keep in mind that most life insurance policies require health underwriting and, in some cases, financial underwriting. Guarantees are based on the claims paying ability of the issuing insurance company. Fixed Indexed Annuities are insurance products and not considered a security or investment. Some restrictions may apply. We are not endorsed by, or affiliated with, the Social Security Administration or any other government agency. Call for specific details and availability.
Helping you leave a meaningful legacy and preserve family harmony.
Enhanced planning is one key element of any retirement strategy, helping ensure that your legacy is one of family harmony, regardless of the size of your estate. Without careful preparation, misunderstandings can cause a rift in the family you’ve spent your life protecting.
Whatever your priorities – preserving assets for future use, tax-advantaged wealth transfer, providing for your grandchildren, or something else entirely – we can work with you to build a plan that fits your needs and may help maintain family harmony after you’re gone.
Creating a clear and thoughtful strategy for your legacy is more complex than simply managing estate taxes or drafting a will. Various methods and tools can help protect your finances and ensure your wishes are followed – with a minimum of family friction.
In addition, both term and cash value life insurance and long-term care insurance policies may be options to consider. These policies can be designed to serve different helpful functions.
Overall, preservation of family harmony and your wealth and assets requires a coordinated effort. Our firm is uniquely positioned to help provide financial peace of mind to you and your loved ones.
Leave a legacy of family harmony, regardless of the size of your estate.
Disclosure: Our firm does not provide legal advice, and you should consult an attorney for such advice.
The Portfolio Analysis Review (PAR) process is a method of bringing your investment allocations in line with your risk tolerance and ever-evolving financial goals. Just as an annual appointment with your doctor promotes physical health, reviewing your asset allocations every year promotes financial health by helping to ensure your investment goals remain in clear focus.
This is where we come in. The three-step PAR process takes an inventory of your portfolio with a comprehensive, 360-degree approach.
The PAR process can provide answers to the following questions regarding your investments:
- How many accounts do you have at each custodian?
- How many positions do you own in each account?
- How much income do you receive from these investments?
- How is your portfolio’s risk and return balanced?
- What are your fees and expenses, and how could they affect returns?
The PAR process creates a detailed account of your investments while organizing the details of your portfolio, which may make it easier to comprehend. Together, we’ll develop a financial plan that works in concert to help achieve your financial goals.