The answer to this question depends on what kind of customer you are: Individual or Business
For our Individual investment clients, Optional Financial Strategies, Inc. uses a long-term investment approach to build wealth, while simultaneously planning for the inevitable cash disbursements, without having to deplete the principal amount you have accumulated.
For our Business clients, we can enhance your employee benefits packages, reduce business taxes, and even provide guidance on major operational evolutions.
Individual Clients:
Previously, we mentioned that there were three great times for an investor to use our services: When you’re Just Starting Out, while you’re Doing Well, and when you’re Ready to Retire. Since each of these time periods has different goals and timelines, our investment strategy must also have different approaches.
When you just starting out, you tend to have more time to build up your pile of wealth. You also have time to recover from temporary market declines. For that reason, depending on your overall risk tolerances and goals, it would be reasonable to assume your portfolio would be heavily invested in equities.
As you get older and you’re doing well, we’d expect to see some of the riskier investments give way to more stable positions. Bond funds and fixed income vehicles would not be out of place to some degree. While you certainly have some time to enjoy the benefits of a good bull market, we don’t want to just throw caution to the wind.
When you’re getting ready to retire, we’re going to be looking at fixed income investments along with other income producing products which will be used to replace the money you received from your wages. Developing intentional income strategies to directly and sufficiently replace your historical wages really takes priority. Investments such as Annuities can come into focus as well as investing in dividend paying investments.
Through all these different periods of your life, we’re very aware that at the end of the day, all your savings is done with the intention of providing yourself with economic freedom. And if your goal is to have that economic freedom sooner rather than later, we can work with you to develop that plan too.
Optional Financial Services, Inc., along with our sister firm, Encompass Financial Services, Inc., can provide a wide range of support services to alleviate some of the stresses of running a successful company and get you ready for next stage of growth!
If you’d like to get more information, please feel free to go to our Contact page and send us a note, or give us a call at 931-274-7765!
Business Clients:
Your needs are quite varied (I know!) and it’s important to have a team of professionals that can help you with deciding which employee benefits to offer, help you understand how those benefits will support your team, explain how those benefits will reduce your taxes, and even discuss how to plan for when you want to transition from being a business owner to being sane (not sure that’s possible, but it’s worth a try).
Services include:
Employee Retirement Plans
Group Term Life Insurance
Key Person Life Insurance
Succession planning for your company
Short-term and Long-Term disability benefits
As a business owner myself, I’m acutely aware of how important taking care of your staff and yourself is. That’s why we work hard to show you all the various ways you can take care of your team while lowering your taxes.
