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• Are you financially prepared for retirement? Are you concerned that you might outlive your retirement assets?

  As an individual in retirement or with a fixed income, you may have cause for concern that your current lifestyle may erode over time. However, Medallion can help ease some of these concerns through our Medallion Lifestyle Program. Through this program, a dedicated Medallion advisor will first meet with you to carefully assess your current situation and to respond to whatever specific questions that you may have. Then, on the basis of this information, your advisor will create a "personal wealth monitor" to keep track of your assets on an ongoing basis.  Status reports will be issued to you regularly. Investing involves risk of loss, so your Medallion advisor is always on hand to respond to any requests or questions that you may have.

• Is your financial strategy designed to weather a storm and take advantage of buying opportunities? Do you have a financial strategy?

  At Medallion, we believe that you may have certain expectations concerning the performance of your assets, both in terms of your current financial status, as well as in the transference of wealth to your heirs. With our  program, we can tailor an investment strategy to help pursue your goals in either regard. As Investment Advisor Representatives, our associates will personally review your savings, investment portfolios, insurance policies, wills, and other holdings in order to craft a prudent strategy for your needs. If the creation of legal documentation proves necessary, affiliated legal services are available.

• Is your estate protected from the time and cost of probate?

  The ultimate value of one’s estate in the future may be largely determined by how wisely you plan today. To help ensure that your wealth is optimized for your heirs, Medallion has created the Estate Organizer Program, a unique, comprehensive strategy that covers all estate issues from establishing trusts to assisting your successors. Through this program, our trained, affiliated estate planners provide an initial assessment, which is then developed into a personalized plan. In turn, this plan is reviewed annually with you, along with reports on its progress. As a result of this process, Medallion advisors seek to realize three goals for you: eliminating probate, reducing your estate taxes and giving your family a clear overview of your estate’s status.

• What are your options for your old retirement plan when you change jobs?

  Do you have an old retirement plan hanging around from a past employer that you’re not sure what to do with?  At Medallion we can discuss your options and the pros and cons of each.  We can then help you to choose the option that fits your situation. 

• Do you wonder the best way to fund college tuition for your children?

  Did you know that there are several ways in which to save for your child’s college education, from UTMAs to Education IRAs, from UGMAs to 529 plans and more?  There are possible tax credit programs to memberships that will help walk you and your student through the high school years to help you find individual scholarship monies.  Come talk to us at Medallion to explore your options.  It’s never too early or too late! 

• Are you thinking about ways to reduce your tax burden?

  A CPA (Certified Public Accountant) is a trained historian.  They look at your past monetary situation and let you know what you owe the IRS or State.  However, a CFP® (Certified Financial Planner) is trained to look at the past, present and future and to guide you in possibly reducing your tax liability.

   

• Will your family be protected in the case of death or disability?

  The chances of  being disabled for more than 90 days for a male between the ages of 25 to 55 is 1 in 3 and for a female, the chances are 1 in 5 according to the CSO 2001 tables.  Is your family prepared should you become disabled or even die?  Will they lose the house?  Will your kids be able to attend college as you hoped?  Can your spouse go to work and earn the same amount you did?  Life Insurance and Disability Insurance are really “Income Replacement Policies” that take effect if you are no longer there to provide it.  The cost is cheaper the younger you are – so don’t you think you should explore your options?  Call Medallion today! 

• Are you concerned about being a burden to your family if you need to live in a nursing home?

  Today’s Big News is the cost of living in a nursing home.  The nationwide average annual cost is $70,000 with Alaska being the most expensive and Louisiana the least.  Maryland and Virginia range from $75,000 to over $100,000 per year.  Medicare was never intended to cover these costs.  As an Independent Agent, we can help you find a policy with coverage and benefits at a price you can afford.  Come visit with us and let us help you compare your options.

   

• How do women’s financial issues differ from men’s?

  As far as money basics, there are no differences, BUT because women live longer, earn less and spend less time in the work force, they should start saving and planning much earlier in life.  Throw in the fact that women are caregivers, tending to plan and help everyone around them first.  Also, mix in the death of a spouse or a divorce and now the cocktail can become financially deadly – STOP- TAKE TIME to start your plan now – it’s never too late.