Financial Planning Services
At LFS Asset Management, you can receive complete financial planning services, or specific advice for just certain aspects of your financial situation. Whatever your stage in life, you will benefit from the expertise of a Certified Financial Planner (CFP®).We offer free initial consultation, and also offer complimentary educational information, including monthly newsletters and free education workshops.
- Retirement Planning
- Investment Planning
- Tax Planning and Preparation
- IRS Examination and Collection Representation
- Estate Planning
- IRA Distribution Planning
- College Financial Planning
Popular Retirement Funding Plans
Retirement funding plans can include employer sponsored plans, personal retirement plans, and other investments like real estate, stocks, and bonds. The most common employer sponsored plans are 401(k) plans and 403(b) plans. Typically, your employer will match your contribution to these types of plans up to a designated amount. Popular personal retirement plans include traditional and Roth IRAs. Common options for other types of savings and investments are stocks, bonds, mutual funds, real estate, and savings.
According to the AARP, the biggest mistake prospective retirees are making is not managing their risk properly. In the 20s and 30s, you can afford to take more risks in regards to investments. If things go bad, you have a lot of time to catch up again. However, from about the 40s on you need to be progressively more careful about the risks you take, since a drop in the stock market can be catastrophic during or just prior to retirement. At LFS Asset Management, we offer proven risk management advice gained through years of successful financial planning.