Without a set goal, investing can feel purposeless. Your investment advisor at Financial Directions will help you define your goals—whether that’s retirement, college, a big vacation, or health care—and devise an investment strategy that is tailored to hit your targets. Your investment plan will vary based on your risk appetite, objectives, and timetable, making our personalized services the perfect choice for your financial needs. We’ll help you monitor your investments to ensure that you achieve your goals.

The distribution phase is one of the most critical aspects of your retirement planning, as there are many factors that can come into play. Coordinating your sources of income—along with how and when to take receipt of  distributions, can be overwhelming— which is why our investment advisors can work with you to create a personalized distribution strategy that takes taxes and various income sources into account.

Estate planning isn’t just for millionaires. Everyone can benefit from the creation of a comprehensive estate plan that dictates the dispersal of your assets, your power of attorney, and any other allowances you may wish to make. Start a dialogue with one of our professional investment advisors to learn more about planning strategies like keeping your beneficiaries up to date and the benefits of creating a trust. Starting your estate planning early is key to ensuring that your assets are handled according to your wishes.

The cost of higher education has continued to rise, making it even more important to start saving for education as soon as possible. Our financial advisors can help you navigate the various accounts available to assist with the cost of higher education, including a 529 plan. This account allows for generous financial gifts or ongoing investments that grow tax-free if used for qualified higher education expenses. Parents and grandparents are often able to start 529 plans and designate a child or grandchild as their beneficiary.

All forms of investment carry some form of risk. Investment risk, or the chance that you could lose money, is often the most worrisome, but there are other risks that can be identified and addressed with the help of our investment advisors. Understanding your level of risk can help you build a better portfolio and achieve your financial goals.

Insurance comes in many forms, and the many companies and policies can be quite challenging to fully comprehend. We help our clients understand each type of insurance, as well as select the plans that work best for their lifestyles. Financial Directions works directly with you to determine the right insurance policy for you.