Retirement Planning

Retirement Planning is not a One-Size-Fits-All process

We will help you determine your retirement goals and ensure you’re prepared for the future.

Retirement is an ever-changing concept that means different things to different people. To some, it is an opportunity to scale back on the amount of time spent at work. Others look for an opportunity to try a second career or to explore volunteer opportunities. Still others view it as an opportunity for leisure and travel.

We start by Listening. To us, success demands not only a deep understanding of your objectives, but your needs, values, time horizon, risk tolerance and expectations. Defining your financial goals, both short term and long term. You want to make sure these goals are realistic. Your goals will become the driving force of your retirement plan. By building personalized plans supported with competitive investment products and dedicated service, we enable you to not only identify goals, but take consistent action to work towards achieving them. Our mission, every day, is to help clients at all stages and through the changes that life may bring.

Everyone’s retirement goals are unique to his or her own situation. So, each retirement plan will vary from person to person. Generally, retirement plans consist of your financial goals, an analysis of your current financial situation and a plan to achieve your goals. The plan should be flexible, to allow for the unexpected.

A retirement plan is a comprehensive overview of your financial standing and goals. It’s an assessment of your economic goals and current finances. You start by looking at aspects like assets, debts and net worth. Then with that information, you determine the next steps to take to reach your financial goals. Retirement plans stretch over years, preparing you for the long term. Whether you’re looking at estate planning, savings planning or family planning, it should be in your financial plan.

· Retirement & Survivor Income Planning
· Living in Retirement – Lifestyle Goals
· Healthcare Planning
· Insurance Evaluations – Life & Long-Term Care
· Estate & Gift Planning

As people approach retirement, their mindset often shifts from saving and investing strategies to maintaining your desired lifestyle in retirement. Concerns about how expenses might change, or the potential impact of market factors can create uncertainty about a retirement plan.

· Maintaining your Savings for Life
· Affording Healthcare
· Maximizing Social Security
· Managing Inflation Risk
· Dealing with Market Volatility
· Build a stable and sustainable Retirement Plan

When choosing a consultant/advisor, it’s important to look at your own financial situation and approach. Some consultants only work with clients who have over a certain amount of money in assets. If you have less than that amount, they may not be able to give you the most helpful advice or may even be willing to take you on as a client.

One of the ways you can differentiate between qualified advisors and unqualified advisors by looking at their professional designations. Most advisors in retirement and financial planning hold either a Certified Financial Planner (CFP) designation or a Chartered Financial Consultant (ChFC). These titles ensure that an advisor underwent the financial-planning education and experience necessary to earn these certifications.

For many understanding every aspect of personal finance can be daunting. From investments to insurance, the decisions can be overwhelming.

That’s where we help you plan for your Retirement with the assets you spent a lifetime building. Retirement planning is difficult, but a financial consultant/advisor can make the process easier.

· Clarify your Financial Goals & Dreams
· Seek to avoid costly financial mistakes
· Feel more organized and in control of your financial and personal goals
· Create opportunities for a successful financial future
· Receive expert guidance along your financial journey
· Work with a trusted advisor that puts your interests first

It’s more than money it’s your life, tell us your financial goals and Rainbow Financial Group will help you get there. Whether you have significant assets to manage or if you are just starting to accumulate wealth, you need a personalized strategy to achieve your financial goals. Our goal is to provide you with guidance that can help you understand and better define those financial goals. We work hard to create a long-term relationship with our clients and their families.

Get in touch with us to find out how you can secure a better financial future for you and your loved ones.

This information is provided for informational and educational purposes only. This information is not meant to be a complete summary or statement of all available data necessary for making financial or investment decisions and does not constitute a recommendation.  It is not to be construed as legal, accounting or tax advice, and is provided as general information to you to assist in understanding the issues discussed. Neither Rainbow Financial Group, nor its Financial Advisors give tax, legal, or accounting advice.

This information is not meant as financial or investment advice pertaining to your personal situation. The selection of appropriate investment, insurance or planning options and/or strategies should be made on an individual basis after consultation with appropriate legal, tax and financial advisors. Nothing contained herein is intended as a solicitation or an offer to buy or sell any product or service mentioned and they may not be suitable for all investors.

Palm Desert Library
73300 Fred Waring Drive
September 12th & 26th, 6:00pm – 7:30pm

Term vs. Permanent Life Insurance

Term vs. Permanent Life Insurance – To determine whether a term or permanent life insurance policy is the right choice for you, it is important to consider factors such as the time period your insurance protection is needed, your short and long-term goals and your overall financial plan. A comparison of the features and benefits of each policy can help you make an informed decision about which type is appropriate for you.

Term Life Insurance

  • Death Benefit Protection
  • Cash Value Accumulation
  • Flexibility Based on Changing Needs
  • Lifetime Death Benefit Protection

Permanent Life Insurance

  • Death Benefit Protection
  • Cash Value Accumulation
  • Flexibility Based on Changing Needs
  • Lifetime Death Benefit Protection