Financial plan recommendations can be implemented with the advisor of your choosing.  Implementation of specific products or services may result in commissions or fees outside of the financial plan fee.  Periodic reviews of your financial plan may require a new planning agreement and result in additional fees.

The Main Areas to be Considered:

Retirement Planning

Will you have enough?

How much is enough?

Retirement Planning is about taking responsibility now by focusing on the future. It is about ensuring you can meet your retirement income expectations and, if you are already retired, whether you are using your capital in the most tax efficient and appropriate way. We can also help determine whether your current income is sustainable if it is coming from savings or pensions.


Estate Planning

Will the right people get the right amounts, and at the right time?

Are they ready to receive potentially large sums?

Will you simply be passing on a tax bill?  

Estate Planning is more than just money and tax – it is about making sure the people who are left are financially supported, that your assets are protected and that the tax paid is fair.


Investment Planning

Do you self-manage your portfolio or outsource to a professional firm?

Do you hold the investments directly?  

Can you tolerate the true level of risk within your portfolio or could you achieve the same return for less risk?

Investment Planning is about choosing the most appropriate investment solutions, understanding the risks, making best use of tax allowances and achieving a true level of diversification.


Protecting your Wealth

What is your most valuable asset?

Is it your home?

Or, actually, is it your future income and your ability to continue earning it?

Protecting your wealth is a fundamental part of financial planning, yet most of us don’t spend the time or money on it that is often necessary. When someone dies, money can’t ever replace them, but it can make life a little easier for those we love who are left behind.

Planning for College Expenses

As you determine the goals of you, or your family’s educational goals, you will want to weigh all of the options for which savings path you choose. There are many options available, and not all of them may be correct for what you are trying to accomplish. Speak with a Baystate Financial advisor  to discuss which options are viable in your financial situation and suited for your specific goals.

“Financial Planning is bringing the future into the present so that you can do something about it now.”  - Sean Tucker