OUR LIFESTAGE SERVICES

Creating a holistic plan to accomplish your financial goals will give you a road map to follow & greatly improving your probability of financial success. From developing and articulating an investment philosophy to executing and maintaining proper asset allocation. Living your retirement dreams takes careful planning. With you we can lead a team of financial professionals, including legal, tax, insurance and money management professionals.

Our professionals have a defined investment philosophy and process. We construct portfolios that are customized specifically for you. A recommended asset allocation for your portfolio will be determined based on your:

• financial situation

• resources

• goals and objectives

• time horizon

• holding limitations

• tolerance to volatility

• expected investment performance

Life insurance can be vital to protect your family from loss of income, future expenses like college and mortgages and for estate planning. Our professionals can help you determine how much insurance is right for you and whether you should purchase term, universal, variable or whole life insurance.

Educational funding may interest those who are looking to establish a savings for future educational expenses. Accounts such as 529 college savings plans, UTMA’s, UGMA’s and Coverdell ESA plans can be funded to help save for educational expenses. With different account options available, our professionals will help you choose the one that best suits you and your family.

We believe longevity and inflation will have an impact on future retirees like no generation that has come before. Formulating a long term retirement investment plan is critical to avoid the all too common investor mistakes, particularly as they relate to 401k retirement plans.

Our retirement income management process can help you understand how you can generate the most income from your available resources. Including in our income planning process is:

• determining your income needs and goals

• maximizing your social security benefits

• pension maximization

• managing required minimum distributions (RMD)

• understanding the tax implications of distributions

• understanding the importance of dividends in your portfolio and asset allocation

Having a well-developed plan for what happens to your assets can give you comfort that your loved ones will have financial security. Our professionals can guide you with beneficiary planning and work with you and your attorney for advanced estate planning.

Many of the country’s most prestigious and experienced elder care attorneys recommend Long Term Care Insurance as part of a comprehensive estate plan. Our professionals can help you decide if LTC insurance is right for you and determine the best insurance product for you.

With over 50 years of experience, our team specializes in Traditional 403(b) or Roth 403(b) plans for public employees. Customizing each retirement account individually to help achieve your retirement planning goals. We develop an investment allocation specific to your needs.

Our team provides education to help you understand your pension options and member benefit calculations, your in-service death benefit from the NYSTRS, prior service and out of state service, unused sick and vacation days, employer-sponsored non-elective and elective 403(b) plans.

Taking substantially equal periodic payments, or “72(t)” payments as they are sometimes called, from your IRA, 401k, or 403(b) may be an option for you. This strategy is subject to many strict IRS rules. Our team can help you construct a 72(t) distribution plan to avoid costly mistakes.

Many companies today (such as Verizon and Pfizer) are offering their retiring employees a lump sum payment option from their defined contribution company retirement plan. This can be the most important and impactful decision a retiring worker can make. Our team can help you evaluate your individual circumstances so you can make an informed decision and formulate a retirement income plan for you and your family.

Do you have a sensible plan to transition into retirement and protect your business for you and your family? The Lifestage Wealth Advisors team is dedicated to helping financial advisors like you structure an exit strategy that respects the decades of hard work and dedication that went into building your book of business.