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With a deep commitment to your financial success, Kevin provides tailored strategies and expert guidance to help you achieve your unique goals
Even for the most financially comfortable people, planning for retirement may still feel like a whirlwind of doubt. Your portfolio may be strong right now, but do you know if it can handle the inevitable future inflation? When the percentages can get out of control relatively quickly, it’s important to have a professional in your corner who can anticipate what’s coming around the corner.
While retirement planning shouldn’t be laced with fear, it should include contingencies for both your everyday expenses and economic emergencies. If you’d like a little help to navigate the finish line, whether that’s five years away or 15 years away, a financial advisor at a boutique retirement firm may be able to carry you further than you think.
Securing Your Income for Retirement
Your portfolio is tied up with all of your assets. When an account or property takes a dive, you need to know the best way to respond. In some cases, you’re better off riding out the storm. In others, you would be better off jumping ship. At Celtic Guard Financial Planning, Kevin McCann is here to serve the Columbus metropolitan area. An expert in statistical analysis, he uses the available data to help devise a strategy that will work for you.
He encourages all of his clients to diversify both their holdings and their eventual retirement income. Tax planning, estate planning, wealth management, insurance policies, and assets under management tactics can all go a long way toward securing the retirement of your dreams. He also takes the time to learn more about how his clients relate to risk, which is a benefit you might not find with the larger retirement firms. Financial advisors in big companies are often there to push specific products and to spread the work to different people.
Retirement may not be easy, but it can be broken down into a few simple concepts:
1. Calculate what you can save per month.
2. Allow your financial advisor to manage a part of your wealth.
3. Give yourself a pass to enjoy what you’ve built.
Retirement Income Planning
Retirement is more than just relaxation after years of hard work. The transition is marked by not just a change in routine, but also by the loss of a steady paycheck. For years, people stressed the importance of savings and retirement accounts as a way to safeguard yourself from loss.
The standard advice of the past was to have $1 million saved if you wanted to withdraw anywhere from $40,000 to $50,000 per year. It likely comes as no surprise that there are more nuanced takes on this advice. When you seek advice from a financial advisor, they can tell you more about how to fold in retirement income planning strategies into your current retirement blueprints.
What Is Retirement Income Planning in the Columbus Metropolitan Area?
Retirement income planning is a widely accepted way to prepare for retirement because it follows many of the same principles that you’re currently using to pay for your bills. By replacing your paycheck with new revenue sources, you won’t have to fret as much about whether your savings will be enough to live on. When inflation rates can change on a dime, you want as many financial cushions as possible to protect you from the uptick.
How to plan your retirement income will all depend on what you’re looking for. At Celtic Guard Financial Planning, you’ll meet Kevin McCann, an advisor who will take you through the pros and cons of every path. If you’re asking how much do I need to retire, he can give you numbers that are specific to your goals and lifestyle.
The general principles of income planning remain the same across the board. The idea is that once you reach your retirement age, you have as many revenue streams as possible. Social Security, pension withdrawals, rental property income, part-time jobs, stock dividends: no matter what it is, you can rest assured that you’ll have it every month. With a financial advisor by your side, you can open the door to revenue you may not have even realized was available.
Assets Under Management
From trading to securities, assets under management services can introduce new strategies to your portfolio. With the right financial advisor, you can learn more about how different asset classes and investments help or hurt your profit margins. At Celtic Guard Financial Planning, a boutique retirement firm, Kevin McCann is there to sit down with you to learn more about what you want from your resources.
Assets Under Management Strategies in the Columbus Metropolitan Area
If you’re looking for portfolio advice in Columbus, you won’t have a difficult time finding it. The much bigger question is how do you find a professional you can trust. Whether you live for the risky gambles or you’d prefer to play it safe, the reality is most people don’t have the time or the desire to manage their investments as effectively as they could be. This is understandable, but it’s also how many people end up short during their retirement.
At a small financial firm, you have the opportunity to get to know your advisor and, in turn, they have the opportunity to get to know you. Before McCann starts talking about the virtues of diversification, he learns more about your long-term retirement goals. This is the crux of working with advisors over time: they have their sights set on your short-term returns as a function of your long-term retirement goals. The trades that you make today are what can fuel your dreams during your golden years.
No matter how strong your portfolio is now, odds are it could still use a few adjustments. Entrusting your assets with the right financial advisor is more than just convenient, it’s a responsible step that can pay off more than you realize. Even people with so-called modest retirement goals will need enough to cover the unpredictable twists of life. Whether you hope to pay for your grandchildren’s education or travel first-class for life, assets under management may be the key to unlocking the future.
Life Insurance
Life insurance in the Columbus metropolitan area can be one of the trickier types of plans to choose from. In terms of the policies, life insurance is similar to other types of insurance in that every contract and carrier has its own stipulations. The biggest difference is that most people are even less inclined to talk about life insurance than they are about car, home, or medical insurance.
This can lead to assumptions about coverage levels, not all of which are rooted in fact. If you want to avoid this kind of confusion, working with a financial advisor can be the answer. Not only are they aware of your retirement goals, but they also have some idea of how you hope to provide for your loved ones.
Picking the Right Life Insurance Policy
At Celtic Guard Financial Planning, Kevin McCann can give you the facts about how these policies work. The two major terms, permanent and term life insurance, both offer different perks to the policyholder. Term insurance is not just affordable; it’s also relatively simple to understand. With this policy, there are set rules about payouts to beneficiaries. There’s also an expiration date, typically based on the ages of those named in the policy. For instance, a policy might expire when your youngest graduates or on their 25th birthday. If the policy isn’t used by then, all coverage is terminated.
With permanent life insurance, the plans can get a little more complex. Because the policy lasts for your lifetime, it can potentially be used in different ways. Some carriers will offer a savings component to their plans, which can potentially be used when life gets more expensive than you planned for. The right financial advisor can give you not just the straight facts about different clauses in the contract but also the real-world ramifications behind each one. Regardless of your current portfolio, McCann can tell you more about how to work life insurance into your larger financial and retirement goals.
Investing
Investing has transformed in recent years, with changes brought on by everything from cryptocurrency to ballooning property prices. In the Columbus metropolitan area, professionals have to consider ever-evolving consumer demand, sector regulations, and foreign relations. The game might not have been static in the past, but few investors have the time or the wherewithal to keep up with the pace these days.
If you’re looking for investment advice from a financial advisor who can work with you on your level, consider Kevin McCann at Celtic Guard Financial Planning. This analytical expert can examine your portfolio for its strengths and weaknesses. He can also give you concrete suggestions on whether to diversify or divest.
Investing in the Columbus Metropolitan Area
There is endless information available about the best ways to invest, and it’s usually coming from a person who has the financial wealth to back up their claims. The problem is that it’s easy to find conflicting advice, particularly from people who may have been more lucky in the markets than strategic. Whether you have no problem risking your wealth on emerging sectors or you’d prefer sure-fire bets, the right financial advisor will meet you where you are.
While the standard advice is to hedge your wealth to safeguard against the unexpected, there are times when it makes sense to consolidate. A strong portfolio is one with a clear direction that showcases the individual’s personal investment style. When your retirement has everything to do with your profit margins, a financial advisor can really give you an advantage if you want to bump up your returns. Plus, they can often give the warning you need before your wealth takes a hit.
As people get closer and closer to retirement, their investment strategy tends to change. No longer are they looking to take big risks for the potential of big rewards because they simply don’t have the luxury of being wrong anymore. If you’re looking for an expert who will steer you in the right direction as your priorities change, you won’t go wrong with Kevin McCann.
Wealth Management
Wealth management strategies in the Discovery City can take a broad approach to your portfolio. If you entrust a financial advisor to help, it can include anything from how you’re managing capital gains to opening a trust for your youngest grandchild. If you’re looking for a financial advisor to help, it’s important to know what exactly you’re signing up for.
At Celtic Guard Financial Planning, Kevin McCann is an analytical professional who can help you get the most out of your current holdings. Serving the Columbus metropolitan area, he’s available to his clients who have questions about how they can set themselves up for success during retirement.
The Nature of Wealth
When managed correctly, wealth has a tendency to beget wealth. The more an individual amasses, the easier it is to find lucrative opportunities to grow. Instead of being shut out of an investment because of its parameters, there are a few strategies that are off-limits.
Wealth management typically only applies to the wealthy, largely because the magnitude of responsibility can quickly become a burden. Instead of having to study the margins and markets at the same time, you can now turn over the job to a professional who specializes in the work. This way, you’re more likely to know what’s coming down the pike. If regulations change or a sector takes a tumble, you won’t have to guess what it will mean for your portfolio. By contrast, you’ll likely have already made preparations for it if it were likely to affect you.
Your assets, risk levels, investments, loved ones, and retirement goals make for a lot of moving parts when it comes to your wealth management. Kevin McCann at Celtic Guard has the expertise and the experience to cut through the red tape and give your portfolio a clear-cut focus. He can also monitor it all over the years, so you’re never caught unawares. Ultimately, it offers more than just standard peace of mind. It can make a real difference to both your retirement and the lives of future generations.
Health Care
The right health care plan can do wonders for your long-term financial well-being. Despite this, around 23 million people in the US still manage to find themselves in medical debt in 2022. When some insurance companies are liable to fight you for every charge, it becomes exceptionally important to choose the right carrier. If you want to protect yourself, your portfolio, and your retirement plans, working with a financial advisor may give you the leg up you’re looking for.
Navigating Health Care in Columbus
At Celtic Guard Financial Planning, Kevin McCann helps his clients understand the policies they’re choosing on a deeper level. Regardless of what you’re planning for your golden years, the odds of an injury or illness increase as time goes by. Unbreakable genes and healthy habits can certainly play a role in the likelihood of a catastrophe, but no one is immune. You have to be ready not just for direct costs, such as standard appointments and surgeries, but also the long- term expenses of care.
When every health care policy, including those available through Medicare, has its own set of rules and restrictions, it’s no wonder so many people wind up selecting one that doesn’t work for them. A financial advisor can explain and recommend a few policies to you that work with the rest of your retirement plans. They can also tell you more about whether you would benefit from supplementing your health care plan. For instance, you could consider adding another policy that would cover the costs of a home aid.
If you’re nervous about how you’ll deal with your finances when you’re at your most vulnerable, you shouldn’t have to answer all the questions alone. The best way to get ahead of a problem is to work with a professional who knows the score. At a boutique retirement firm like Celtic Guard, you have the chance to get to know one advisor who will customize his advice to your lifestyle. Instead of being transferred from one phone extension to another at a major firm, you can work with Kevin McCann to get all of your questions resolved, so you can move forward with confidence.