Your Goals and Dreams, Consider Achieved!
Life changes, all the time, and with life, our needs, wants and goals change. We are here to help you navigate through the changes to make sure your financial journey can be as smooth as possible. Our popular services are listed here for a quick overview. Get in touch with us, to see the difference we are making for families in our communities.
We all know the importance of car insurance and home insurance. We even know how important it is to get a health insurance. Because we carry insurances, does not mean we will not get into a car accident, or house won’t crumble down, but we carry the insurance to protect our hard- earned money when something bad happens- as the insurance would cover the losses or at least most of it. Having a life insurance help your loved ones, the survivors, to deal with economic losses by you not being there. Of course, no amount of money could fill the emotional void that is created, but your loved ones can move forward and continue to accomplish the dreams you have instilled in them instead of facing an economic hardship and relying on someone else. The latest statistics show that almost 56% of American’s do not have life insurance protection. Almost 1 in 3 families do not carry life insurance. Obviously, some of the blame goes to complexity of finding the correct policy and pushy sales agents. There are myriads of life insurance policies and types and definitely not designed to fit all. We at Anant Wealth Solutions, take a holistic approach in finding the right fit for your need and customize solutions for you. We welcome you to schedule your free and confidential review so your family is not the 1 in 3 that is uninsured.
Children's College Fund Planning
The annual cost of college education is ballooning over the past five decades crossing over to $50,000 per year in 2021. According to an article recently published on www.foxbusiness.com, the rise in the cost of education is 4.6 times the inflation. For several aspiring students college education may remain a dream. Planning for children’s college education could be treacherous task. There are many unknowns such as; How much will it cost? Will my child’s need-based aid be reduced due to contributions in to 529 savings plan? What happens to the money in 529 plan if my child gets a full scholarship? Some parents want to ensure that their children come out of college debt-free. Of course, dedication and planning is as important as the decision to where invest, grow and safeguard the money. With our expertise, we can help you design solutions that considers the “what ifs”.
Retirement Income (401K, SEP, IRA, ROTH)
Retirement is golden – we work hard for almost 40 years of our life, so retirement is supposed to be the time to relax and enjoy.
Planning for retirement could be very stressful. Several questions that need to be addressed, such as; When to retire? How much money will we need to call it a successful retirement? Will the money last if we happened to live longer. How long? What will be the impact of taxes on my retirement nest egg? How much inflation would erode my wealth? Will I be able to leave a legacy for my loved ones? And so on. Retirement is not a gamble. We are here to help you plan properly so you will not outlive your money- of course, the sooner you start the better your money works for you. Schedule your appointment today!
Disability and Long-Term Care Planning
Here is a myth-buster for you. If you think that your health insurance covers disability or long-term care, think again!
Most health insurances or employer’s short term/long term disability benefits DO NOT cover for disability related care expenses such as home nurse, or cost of nursing care facilities. These costs could range from $15,000 to $100,000 a year. Families without proper disability protection plans can end up exhausting their personal and retirement savings taking care of the disability expenses of their loved ones. Most employers offer short-term and a long-term benefit that defines reduction in the paycheck but does not cover the cost of care. Just like life insurance policies, there are several different plans and policies that cover various types of disabilities. We are here to help you navigate through all the clutter to ensure that your assets are well protected, should any disability or long-term care needs arise.
Estate Planning (Will, Living Trust and Advanced Directives)
Estate planning used to be the word you would hear in the circle of wealthy. Now technology has made it very much affordable and possible for anyone to create and execute your own Estate plan.
Avoiding probate proceedings to keep your wealth from prying eyes, ensuring that your wealth transfer happens per your wishes, creating you will, making sure your living directives are properly document are some of the tasks that are now with-in reach for everyone. Estate planning is important to ensure that decision on what happens to your young children after you are gone is not left to authorities, your assets are handled according to your wishes and not courts. Taking couple of hours from busy situation could address these tasks. Connect with us and let us show you how you can manage your changing needs of estate planning with ease.
Business Continuation and Protection Planning
Whether you have a small retail outlet or a company with several employees, business continuation planning should not be ignored. This planning involves making decisions about what happens to your business in case you are no longer in the picture. This is especially important when your business is a partnership. The most common forms of business protection planning are key person insurance or buy-sell agreements involving life insurance policies. We can help you with proper protection planning for your businesses.
Mortgage Protection
Buying a house that we call a home is one of the biggest decisions and one of the largest investments of our life-time. We dream of raising a family and have sweet and sour movements with our loved ones in this home.
Several fail to plan what will happen to the loved ones if they pass away unexpectedly while there is a large mortgage on their home. To ensure that there is roof over the heads of the loved ones after you are gone, it is one of the important planning factor when you are structuring your finances. It is important to note that your home insurance does not cover mortgage payments in case of your unexpected demise. Just like life insurance policies, there are several different options to choose from. Being independent financial consultants, we can work with you to simplify the process of finding the right solution for your mortgage protection, so you can enjoy life’s moments without being worried about your loved ones, incase unexpected happens.
Final Expenses
Life is full of uncertainties. The only certain thing is death. We normally, discount talking about death as morbid topic, but it is important topic to talk about when planning our finances.
Final expenses such as funeral, burial, cremation and such could put a toll on financial life of your loved ones as the cost could be of few thousands. Final expenses is a type of life insurance policy that helps relieve your loved ones from carrying a burden of your final ceremonies. The need for this final expenses could change from person to person. We are here to discuss your needs and ensure that your loved ones can plan better for your final goodbyes. As with any life insurance policies, the earlier you start this coverage, the better the affordability is. Call us or email us to schedule your appointments soon to discuss your final expenses coverage.
