FINANCIAL PLANNING

Financial planning is the long-term process of wisely managing your finances so you can achieve your goals and dreams, while at the same time negotiating the financial barriers that inevitably arise in every stage of life. Remember, financial planning is a process, not a product. 

Steps to help create a sound FINANCIAL PLAN

Step 1:  Establish Goals  

Step 2:  Gather Date

Step 3:  Analyze & evaluate your financial status

Step 4:  Develop a Plan

Step 5:  Implement the plan

Step 6:  Monitor the plan & make necessary adjustments

BENEFITS

Set realistic  financial and personal goals.

Assess your current financial health by examining your assets, liabilities, income, insurance, taxes, investments and estate plan.

Develop a realistic, comprehensive plan to meet your financial goals by addressing financial weaknesses and building on financial strengths. 

 

Put your plan into action and monitor its progress.

 

Stay on track to meet changing goals, personal circumstances, stages of your life, products, markets, and tax laws. 

RETIREMENT INCOME PLANNING

Making sure your assets can generate the retirement income stream you need today and keep up with the rising cost of living that inflation pressures can exert requires expert planning.

Which income streams do you have control over?  Some like Social Security and pensions are automatic.  Others like distributions from your retirement and investment accounts or annuities require specific decisions as to when and how much you should take out.  Some of your accounts may allow you to take a guaranteed income stream.

Making sure your assets can generate the retirement income stream you need today and keep up with the rising cost of living that inflation pressures can exert requires expert planning.

Helping you plan your income in the most tax efficient manner to meet your needs involves a well thought out plan to evaluate your special needs concerning risk of assets, liquidity needs for emergencies and feeling comfortable with the possible changes in your income needs from changes in the cost of where you live to changes in the cost of your health care.

Please note there are costs and limitations associated with these guarantees and they are based on the claims paying ability of the underlying insurance company.

INVESTMENT PLANNING

Did you lose money in the two bear markets during the last decade?

2 questions can help you establish your risk comfort level.

First Question:

How would your lifestyle change if you had a 30 to 50% gain in your investment portfolio

Some might respond that they might spend or travel a little more, or just feel more secure.

NOTHING WILL DRAMATICALLY CHANGE.

Second Question:

How would your lifestyle change if you had a 30 to 50% loss in your investment portfolio?

Some people respond that they would be devastated or have to move to a smaller home or drop a club membership or some other dramatic change.

THE LOSS HAS A DRAMATIC CHANGE IN THEIR MINDSET AND LIFESTYLE.

This is the primary reason why Affluent Americans are far more concerned with protecting what they accumulated rather than chasing a risky possible high rate of return.

Are you prepared or comfortable with the possibility of another major market sell off?

TAX PLANNING

Do you know the most important questions you should ask your CPA before you complete another tax return or see another month go by that could be costing you extra tax dollars?

 

You need these questions answered now, so you can take full advantage of the new rules while you still have time left in this tax year.  Here's just a sampling of the areas to discuss with your accountant and financial representatives.

- Not all dividends are taxed at the new lower rates.  (Do you know which assets qualify for the new rule?)

 

- How do the new lower capital gains rates affect you?  Will you have phantom income that you need to offset by adjusting your investment portfolio now? 

 

- Learn about ways to potentially lower your Social Security taxation now!

 

- Is your IRA or qualified plan being penalized and you aren't even aware of it?

 

- Why have America's Wealthiest Investors removed their children's names as beneficiaries on their annuity contracts. (Don't worry the kids can actually get more.)

Also Learn:

 

- How to potentially reduce your capital gains taxes and estate taxes.

 

- How to remove dollars out of your business while reducing your business income tax. 

If your current financial representatives have not addressed these issues, imagine what you may be missing out on.

The associates of RB Welborn Financial are not qualified tax professionals. You should consult with your CPA or other tax advisors on tax related matters

ESTATE PLANNING

Learn how America's Wealthiest Families pass their estates on to their heirs in the most tax and cost effective manner.

Many times America’s wealthiest eliminate all or most of

the taxes and cost to transfer their wealth. Sometimes, even increasing the size of their estates during the transfer.

 

Wills and trusts may only address specific issues and need to be reviewed and updated as your desires and situation changes or as laws change that may impact your future plans.

 

Many issues can still cause your money to fall through the cracks in places like your tax returns, risk exposure, fees and charges, low rates of return, large future income tax problems from your qualified or non-qualified money,

protecting you from long term care, and lawsuits. Most of

these are not addressed by having a living trust or a will.

Ongoing income taxes and especially significant taxes to your heirs are key concerns today and many people believe their wills and living trust or other estate planning addresses it and they find out too late they were wrong.

ASSET PROTECTION

Protect your assets from the threat of loss to lawsuits, business reversals, divorce, and government regulators with the same powerful, legal

strategies used by America's Richest families.

We work with our local attorney's to provide you Wills,

Trusts, professional advice regarding Umbrella Liability

policies. 

Don't be a target for a frivolous lawsuit or

other problem that could have been avoided with a

sound, legal, asset protection plan. A properly

constructed plan allows you to achieve your protection

objective and still have control and use of your assets

while being able to fully disclose all your financial information.

REAL ESTATE IDEAS

If you are, or have been thinking about selling property this year,

 YOU'LL NEED TO KNOW...

What to do first so you can be sure the decision is right for you!

We work with real estate professionals and CPA's that can answer questions like the ones below:

Questions like:

 

  • How Will I Be Able To Afford My Next Lifestyle Choice?  (A simple formula will assure your decision is right!)

 

  • How can I be sure I'll have enough money?  Is it possible I could have even more money to live on if I make a move?  (2 simple questions may dramatically improve your income stream.)

 

  • Is your concern about risk in your other investments delaying you from listing

       your home?  (Learn how to identify hidden investment risk.)

 

  • Is your concern about income tax issues delaying your decision to list your home for sale?  (A simple tax review will show you what questions to ask your accountant.)

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Advisory services offered, in states where licensed, exclusively through representatives of KMS Financial Services, Inc., Member FINRA/SIPC and an SEC Registered Investment Advisor. This site is for informational purposes only and is not an offer to sell or a solicitation of an offer to buy any securities or investment advisory services which may be referenced herein.  We may only offer services in states in which we have been properly registered or are exempt from registration.  Therefore some of the services mentioned may not be available in your state, and if not, the information is not intended for you.

RB Welborn Financial, 5310 Acton Hwy Ste 101, Granbury, TX 76049
(817) 888-8861
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Locations:

Ph: 817-888-8861

5310 Acton Hwy Ste101 Granbury, TX 76049