DISCOVER THE MANY OPPORTUNITIES AVAILABLE TO HELP YOU PLAN FOR YOUR FINANCIAL FUTURE.

One stop. Many options.

Preparing for retirement should create excitement, not concern. Yet for many, that’s not necessarily the case.

According to a recent study, 54 percent of pre-retirees do not have a plan for how much money they will spend each year in retirement and where that money will come from. Additionally, three in five Americans feel stressed about preparing for retirement.1

That’s where we come in.

We use insurance products, such as fixed annuities, and a variety of investment products to help you build financial strategies. From tax-efficient strategies to investment advice to protecting some of your assets — we’ll cover as many bases as possible to help you create a strategy that supports your retirement lifestyle and long-term financial goals.
At Accrue Wealth Designs, we can offer you the following products and services:

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RETIREMENT INCOME STRATEGIES
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INVESTMENTS
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WEALTH MANAGEMENT
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IRA & 401(K) ROLLOVERS
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ASSET PROTECTION
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ANNUITIES
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LIFE INSURANCE
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TAX-EFFICIENT STRATEGIES
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LONG-TERM CARE
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IRA LEGACY PLANNING

We can also refer you to professionals who provide the following services:

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TRUSTS
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TAX PLANNING
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PROBATE
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ESTATE PLANNING
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CHARITABLE GIVING

1 EBRI/Greenwald Research "Retirement Confidence Survey Survey.” January 2022
https://www.ebri.org/docs/default-source/rcs/2022-rcs/rcs_22-fs-3_prep.pdf?sfvrsn=e5c83b2f_4

Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Accrue Wealth Design are not affiliated companies.

  Neither the firm nor its agents or representatives may give tax or legal advice. Individuals should consult with a qualified tax professional for guidance before making any purchasing decisions. 

Please remember that converting an employer plan account to a Roth IRA is a taxable event. Increased taxable income from the Roth IRA conversion may have several consequences including (but not limited to) a need for additional tax withholding or estimated tax payments, the loss of certain tax deductions and credits, and higher taxes on Social Security benefits and higher Medicare premiums. Be sure to consult with a qualified tax advisor before making any decisions regarding your IRA. 

All investments are subject to risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Any references to asset protection generally refer to fixed insurance products, never securities or investment products. Insurance and annuity product guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company.  

Your Portfolio Stress Test

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Can your portfolio handle the stress of retirement? Get a full understanding of the amount of risk, fees and loss exposure within your current portfolio.

By submitting your personal information, you consent to be contacted by a financial professional regarding your financial strategy for retirement.

Retirement Income Strategies Will I have enough?

Life expectancy in the United States is at an all-time high.1 While that’s great news, one drawback to a longer life is the greater possibility of outliving your savings. In fact, according to the SimplyWise Retirement Confidence Index,49% (of pre-retirees) worry they will outlive their savings, and 42% worry about covering daily living expenses when they retire.2

Figuring out the best way to make your savings stretch over the next 25 to 30 years may not only be confusing, it can also be overwhelming.

But it doesn’t have to be that way.

Insurance products like annuities can provide a steady and reliable income stream for the rest of your life, while investment products create opportunities for long-term growth. We can help you incorporate both in a financial strategy designed to put you on the path to the retirement lifestyle you want.

1 World Population Prospects: UN Department of Economic and Social Affairs Population Dynamics. https://population.un.org/wpp/DataQuery/. Accessed June 20, 2022.

2 SimplyWise Retirement Confidence Index January 2021 https://www.simplywise.com/blog/retirement-confidence-index/

All investments are subject to risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Any references to  lifetime income generally refer to fixed insurance products, never securities or investment products. Insurance and annuity product guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company.  

Investments YOU WORKED HARD FOR YOUR ASSETS.
NOW THEY CAN WORK FOR YOU.

Life expectancy in the United States is at an all-time high.1 While that’s great news, one drawback to a longer life is the greater possibility of outliving your savings. In fact, according to the SimplyWise Retirement Confidence Index,49% (of pre-retirees) worry they will outlive their savings, and 42% worry about covering daily living expenses when they retire.2

Figuring out the best way to make your savings stretch over the next 25 to 30 years can not only be confusing, it can also be overwhelming.

But it doesn’t have to be that way.

Insurance products like annuities can provide a steady and reliable income stream for the rest of your life, while investment products create opportunities for long-term growth. We can help you incorporate both in a financial strategy designed to put you on the path to the retirement lifestyle you want.

1 World Population Prospects: UN Department of Economic and Social Affairs Population Dynamics. https://population.un.org/wpp/DataQuery/. Accessed June 20, 2022.

2 SimplyWise Retirement Confidence Index January 2021 https://www.simplywise.com/blog/retirement-confidence-index/

All investments are subject to risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Any references to  lifetime income generally refer to fixed insurance products, never securities or investment products. Insurance and annuity product guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company.  

Wealth Management TIME COULD BE ON YOUR SIDE WHEN IT COMES TO INVESTING.

Generally speaking, the longer you invest the more potential your money has to grow. If you are still trying to recover from losses in recent years and you’re looking to get back on track to accumulating wealth, you may want to consider a more aggressive asset allocation with at least a portion of your money. However, those who’ve lost in the stock market may sometimes be a little more wary of approaches that increase their market risks.

If that sounds like you, there are more conservative investment options available that provide the potential for wealth accumulation. Using these investment options in conjunction with insurance contracts such as annuities can help you design a more conservative retirement strategy. After all, the last thing you want to do in retirement is lose more ground during another market correction.

All investments are subject to risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Any references to  lifetime income generally refer to fixed insurance products, never securities or investment products. Insurance and annuity product guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company.  

IRA & 401(k) Rollovers WHAT’S THE BEST WAY TO HANDLE OLD IRAS AND 401(K)S?

When you change jobs or retire, there are four things you can generally do with the assets in any employer-sponsored retirement plan:

  1. Leave the money where it is
  2. Take the cash (and pay income taxes and perhaps a 10 percent additional federal tax if you are younger than age 59½)
  3. Transfer the money to another employer plan (if the new plan allows)
  4. Roll the money over into an IRA

Rolling over from one qualified plan to another qualified plan allows your money to continue growing tax-deferred until you receive distributions in retirement. We can help you determine if a rollover is the right move for you.

Please remember that converting an employer plan account to a Roth IRA is a taxable event. Increased taxable income from the Roth IRA conversion may have several consequences including (but not limited to) a need for additional tax withholding or estimated tax payments, the loss of certain tax deductions and credits, and higher taxes on Social Security benefits and higher Medicare premiums. Be sure to consult with a qualified tax advisor before making any decisions regarding your IRA.

Asset Protection DON’T PUT ALL YOUR (NEST) EGGS IN ONE BASKET.

You’ve got plans — a lot of them. Wouldn’t it be more fun to focus on your dreams than constantly worrying about what the market’s doing?

Diversifying your retirement assets among a variety of vehicles — including a mix of both insurance products and investments, depending on what is appropriate for your situation — may offer you the best chance of meeting your retirement income goals.

Anyone who invests in the market should understand it involves risk anx the potential loss of principal. So, to provide some security not found in the stock market, you may want to include some insurance products in your financial strategy. These products, such as annuities, can provide supplemental income throughout retirement and protect your money from declines due to stock market losses.
Investing involves risk, including the potential loss of principal. Any references to security, supplemental, generally refer to fixed insurance products, never securities or investment products. Insurance and annuity product guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company.

Annuities IF YOU’VE EVER WORRIED ABOUT OUTLIVING YOUR RETIREMENT SAVINGS, YOU’RE NOT ALONE.

A recent study found that 91 percent of respondents between the ages of 45-75 indicated that they thought that having guaranteed income and asset protection in retirement was important to them. 1

With pension offerings on the decline, you may want to consider a fixed income component to your financial strategy. In short, adding an annuity may be an opportunity to help ensure a portion of your retirement income will be guaranteed.

What is an annuity?
An annuity is a contract you purchase from an insurance company. For the premium you pay, you receive certain fixed and/or variable interest crediting options able to compound tax deferred until withdrawn. When you are ready to receive income distributions, this vehicle offers a variety of guaranteed payout options — some even for life.

Most annuities have provisions that allow you to withdraw a percentage of the value of the contract each year up to a certain limit. However, withdrawals will reduce the contract value and the value of any protected benefits. Excess withdrawals above the restricted limit typically incur “surrender charges” within the first five to 15 years of the contract. Because they are designed as a long-term retirement income vehicle, annuity withdrawals made before age 59 ½ are subject to a 10 percent penalty fee, and all withdrawals may be subject to income taxes.

1 Protected Retirement Income Planning Study: Research Report. June 2021 Protected  Alliance for Lifetime Income (ALI) https://www.protectedincome.org/wp-content/uploads/2021/06/ALI-CANNEX-PRIP-Research-Report-6.9.21-FINAL.pdf

Investing involves risk, including the potential loss of principal. Any references to protection benefits, fixed income, guarantees, generally refer to fixed insurance products, never securities or investment products. Insurance and annuity product guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company.

Life Insurance LIFE INSURANCE ISN’T FOR YOU — IT’S FOR THOSE YOU LEAVE BEHIND.

If helping loved ones maintain a standard of living, and avoid financial hardships after your passing is a priority for you, life insurance products can help. A general rule is that you may want to seek coverage between five and seven times your gross annual income. As far as the various types of policies go, they can generally be placed into one of two categories: term and permanent.

Term insurance generally provides coverage for a specified period of time and pays out a specified amount of coverage to your beneficiaries only if you die within that time period. A permanent insurance policy, on the other hand, will stay permanently in effect for the rest of your life, as long as premiums continue to be paid.

Tax-Efficient Strategies IF TAXES RISE IN THE FUTURE, WILL IT CUT INTO YOUR RETIREMENT SAVINGS?

Rising taxes may be a concern for anyone — especially for individuals approaching retirement. Having a solid strategy in place for how you will pay taxes on your retirement income can be an important component to living on a fixed income and avoiding surprises come tax time.

Investing in or purchasing a tax-deferred vehicle means your money can compound interest for years, without paying current income taxes, potentially allowing it to earn interest at a faster rate. Tax-deferred vehicles only allow you to defer paying income taxes until the money is withdrawn — presumably during retirement when you may be in a lower tax bracket. However, few financial vehicles avoid taxes altogether.

Because tax-deferred vehicles are generally designed to help individuals work toward specific long-term goals, there may be restrictions on when money can be withdrawn without penalty. Early withdrawals may be subject to charges and fees. Withdrawals prior to age 59 ½ may be subject to a 10 percent federal additional tax.
Neither the firm nor its agents or representatives may give tax or legal advice. Individuals should consult with a qualified tax professional for guidance before making any purchasing decisions.

Long-Term Care Strategies WHO WILL TAKE CARE OF YOU IF YOU ARE UNABLE TO CARE FOR YOURSELF?

As the oldest baby boomers begin to approach their 80s, one of the biggest concerns may not be outliving income, but outliving good health. With at-home care services averaging $26 per hour1 and assisted living facility costs averaging $4500 per month,2 it’s understandably daunting. Does your retirement income strategy account for this kind of possibility? Would you be prepared for twice that amount as a married couple?

Considering that you could have to reduce your financial means before Medicaid will pay for long-term care and neither your employer group health insurance nor major medical insurance will cover long-term care, you may want to consider planning ahead for these potential expenses.

We can help evaluate your situation and determine what kinds of products could fit into a comprehensive long-term care strategy, one that is suited to your needs and circumstances.

1 Genworth Financial. November 2021. “Genworth 2021 Cost of Care Survey.” https://www.genworth.com/aging-and-you/finances/cost-of-care.html Accessed June 20, 2021.
2 Ibid.

IRA Legacy Planning WHAT WILL YOUR LEGACY BE?

IRA accounts have become one of the largest types of assets inherited by loved ones. If you don’t anticipate needing your IRA money in retirement, you may wish to consider a legacy planning strategy that potentially reduces taxes and increases the payout your beneficiaries will receive upon your death.

You may want to use some of the value in your IRA to provide your beneficiaries with a regular stream of income while leaving the balance of IRA assets invested for tax-deferred growth. The result may yield substantially more money paid out over the course of your beneficiaries’ lifetimes.

We can help you evaluate your financial situation to determine if IRA legacy planning could help you, and we can work with attorneys and tax professionals to help you meet your goal of structuring a long-lasting inheritance for your loved ones.
Neither the firm nor its agents or representatives may give tax or legal advice. Individuals should consult with a qualified tax professional for guidance before making any purchasing decisions.

Referred Services

Trusts WHAT’S THE BEST WAY TO LEAVE MONEY TO LOVED ONES?

There are many different types of trusts, and they can be complex to set up and execute. However, a trust can be a very flexible and advantageous means to transfer your assets in the future. Trusts can also provide current benefits, such as tax deferral and deductions. Unlike a will, a trust may help avoid probate upon your death.

We are happy to work together with you and a qualified estate planning attorney to help you learn more about trusts and ensure they work in concert with your overall financial strategy.
Neither the firm nor its agents or representatives may give tax or legal advice. Individuals should consult with a qualified tax professional for guidance before making any purchasing decisions.
Accrue Wealth Designs has a strategic partnership with tax professionals and attorneys who can provide tax and/or legal advice.

Probate A WILL CAN SAVE YOUR LOVED ONES TIME, MONEY AND HASSLE.

Probate is the potentially lengthy and costly court process by which a will is proved either valid or invalid. If you do not create a will or set up a trust to transfer your property when you die, state law will determine what happens to your estate. This is called intestate.

Without a will or some other form of legal estate planning, there is the chance that your property may not go where you wish. We can refer you to a qualified estate planning attorney who can assist you in these matters.
Neither the firm nor its agents or representatives may give tax or legal advice. Individuals should consult with a qualified tax professional for guidance before making any purchasing decisions.
Accrue Wealth Designs has a strategic partnership with tax professionals and attorneys who can provide tax and/or legal advice.

Charitable Giving GIVING BACK — YOUR WAY.

Creating a charitable gift-giving plan may provide you with multiple tax breaks: an income tax deduction, the avoidance of capital gains on highly appreciated assets and the reduction or elimination of estate taxes on the charitable contribution upon your death.

With changes in the tax environment, there may be compelling reasons to integrate philanthropy into your financial and estate planning.

We are happy to work with you and a qualified professional to help you decide if this is a good option for you.

Our firm is not permitted to offer, and no statement contained herein shall constitute, tax or legal advice. You should consult a legal or tax professional on any such matters.
Accrue Wealth Designs has a strategic partnership with tax professionals and attorneys who can provide tax and/or legal advice.

Estate Planning WHAT WILL HAPPEN TO YOUR ASSETS WHEN YOU’RE GONE?

Estate planning is simply determining (while you’re still alive) where your assets should go after you die. Without a properly structured estate plan, your wishes may not be fulfilled, and there may be unintended consequences for your loved ones.

While the concept may seem simple, the vehicles, planning and implementation process can be rather complex. Because of the estate tax laws and the emerging vehicles to help you protect and transfer your assets effectively, it’s important to work with experienced estate planning professionals who stay current in this field and advise clients on a day-to-day basis.

We are happy to work with you and a qualified estate planning attorney to help you pass on the legacy you choose.
Neither the firm nor its agents or representatives may give tax or legal advice. Individuals should consult with a qualified tax professional for guidance before making any purchasing decisions.
Accrue Wealth Designs has a strategic partnership with tax professionals and attorneys who can provide tax and/or legal advice.

Tax Planning ARE YOU OVERPAYING IN TAXES?

Paying taxes is part of our patriotic duty, but no one wants to pay more than their fair share. This is as important as ever as you approach retirement. Don’t watch your returns and your estate dwindle as a result of legally avoidable taxes: take action early and get ahead of next year’s tax filing.

We can partner with tax professionals who help ensure that your retirement assets are allocated and distributed as tax efficiently as possible.
Neither the firm nor its agents or representatives may give tax or legal advice. Individuals should consult with a qualified tax professional for guidance before making any purchasing decisions.
Accrue Wealth Designs has a strategic partnership with tax professionals and attorneys who can provide tax and/or legal advice.

STRATEGIES FOR FINANCIAL INDEPENDENCE

It is important to feel you have control over your future. At Accrue Wealth Designs, we offer our experience and knowledge to design a specific plan of action that helps you work toward your financial independence.

To schedule a time to discuss your financial future and the possible role of insurance or investment products in your financial strategy, contact us at office@accruewealthdesigns.com or call us at 480-565-4363 today!

All investments are subject to risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Any references to guarantees or lifetime income generally refer to fixed insurance products, never securities or investment products. Insurance and annuity product guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company.

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