Investing for Retirement Mooresville NC

You may look at your portfolio today and think you have plenty of money to start giving out gifts to your children in tax-free amounts generally up to $12,000 per year if you are single and $24,000 per year if you are married. But your spending may change in retirement.

Mr. John E. Matheny Jr., CFP®
(704) 533-0827
488 Oak Tree Rd
Mooresville, NC

Data Provided by:
Mr. Jeffrey P Kendall, CFP®
(704) 658-1929
P.O. Box 3550
Mooresville, NC
Firm
Karp Financial Strategies
Areas of Specialization
Business Succession Planning, Comprehensive Financial Planning, Education Planning, Insurance Planning, Investment Management, Small Business Planning, Young Professionals
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $100,001 - $250,000



Data Provided by:
Mr. William D. Howard, CFP®
(704) 664-6772
PO Box 3426
Mooresville, NC
Firm
billhowfin@windstream.net
Areas of Specialization
Accounting, Asset Allocation, Budget Development, Business Succession Planning, Comprehensive Financial Planning, Insurance Planning, Investment Management
Key Considerations
Average Income: $100,001 - $250,000



Data Provided by:
Mr. Walter C Pate Jr., CFP®
(704) 280-6050
761 Beaten Path Rd
Mooresville, NC
Firm
Nationwide Financial Netwoirk
Areas of Specialization
Asset Allocation, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Elder Care, Estate Planning, Insurance Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: $100,001 - $250,000

Profession: Self-Employed Business Owners

Data Provided by:
Mr. David M Alley Jr., CFP®
(704) 799-2661
179 Gasoline Alley
Mooresville, NC
Firm
First Command Financial Services
Areas of Specialization
Comprehensive Financial Planning
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: $100,001 - $250,000

Profession: Government Employees

Data Provided by:
Mr. C. Randy Rodgers, CFP®
(704) 658-3600
1074 River Hwy
Mooresville, NC
Firm
Peoples Investment Services, Inc.
Areas of Specialization
Comprehensive Financial Planning, Insurance Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $50,001 - $100,000

Profession: Self-Employed Business Owners

Data Provided by:
Ms. Sara Irene Seasholtz, CFP®
(704) 658-1040
136 Gateway Blvd Ste C
Mooresville, NC
Firm
Preferred Financial Strategies, Inc.
Areas of Specialization
Charitable Giving, Comprehensive Financial Planning, Divorce Issues, Education Planning, Estate Planning, Insurance Planning, Intergenerational Planning

Data Provided by:
Garrett Moretz
290 Glencoe Lane
Mooresville, NC
Company
Title: Financial Advisor/Principal
Company: Moretz Wealth Management, LLC
Type
Investment Advisor Rep: Yes
Education
BS Business Administration
Years Experience
Years Experience: 11
Service
401k Rollover From Employer,Income for Life/ Preserve Principal,Wealth Management,Disability Insurance,Annuities,Alternative Asset Class Planning,Investment Consulting & Allocation Design,Business Succession & Liquidation Planning,Estate Tax Planning,Asset Protection Strategies & Planning,Fee-Only Comprehensive Financial Planning,Pension for Highly Compensated Owners,Stock Market Alternative,Reverse Mortgage,Medicare Planning,Life Insurance,Investment & Portfolio Management,Long-Term Health Care

Data Provided by:
Mr. Michael T. Sullivan, CFP®
(704) 799-2727
183 Crystal Cir
Mooresville, NC
Firm
Nexstone Financial Solutions Inc

Data Provided by:
Mr. Jeffery S. Andrew, CFP®
(704) 663-9041
918 Brawley School Rd Apt A
Mooresville, NC
Firm
LPL Financial
Areas of Specialization
Insurance Planning, Investment Planning, Retirement Planning

Data Provided by:
Data Provided by:

Investing for Retirement

The goal of investing for retirement is to have enough money so you will never run out for your entire lifetime. But how do you guarantee the cash you put away each month will flourish into a beautiful money tree that just keeps sprouting hundreds? And if it does grow forever, how do you ensure your family will have tax-free access in the future? Start by sitting down with your financial advisor to determine what you will need for your future, says Paul Palazzo, managing director of financial planning with L.J. Altfest & Company.

You may look at your portfolio today and think you have plenty of money to start giving out gifts to your children in tax-free amounts generally up to $12,000 per year if you are single and $24,000 per year if you are married. But your spending may change in retirement. For instance, while you are working, you may eat dinner every night at home and vacation twice a year. However, you may want to eat out three times a week and travel four times a year when you retire because you have unlimited time to try new restaurants and go on trips to exotic locales.

It's generally best to give small gifts to your children now and let them wait until inheritance time to get more money, which may or may not require them to pay income tax. This is because there is more than one type of IRA or individual retirement account.

All your IRAs can house your buckets of investments set aside for long-term retirement savings.

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