Taking the first step toward retirement planning and investment can be easy, but building a strong portfolio of investments is not. HBI Bank Investment Services will take the reins and help evaluate your entire financial portfolio, including retirement plans, investment accounts, insurance needs, and much more. We can help identify investments for retirement for your specific financial situation and help with IRAs and 401k Rollovers. Whether you are just entering the work force, changing jobs, or looking to retire, we can help you navigate the options and the choices that are ahead.
We Provide Comprehensive Investment Services & Retirement Planning
We believe in a customer-driven process. We’ll begin by simply listening to your financial goals and plans. Next, we’ll create a plan based on your risk tolerance, investment time horizon, income needs and tax consequences. Finally, the plan is implemented and managed. Whatever your desired level of involvement is in the process – you’re at the center. The Role of the Trusted Advisor Listening Personally analyzing your situation Making realistic recommendations Serving and challenging Establish corev alues and financial goals Gather financial information Analyze information and create a financial plan Present financial plan and advice on investment and tax strategies Implement financial planning strategies Review progress
Monitoring Your Retirement Plans and Financial Investments
We like to meet periodically to evaluate how life changes can affect your retirement planning and investment strategy. Your financial portfolio is actively managed all the time and we’ll revisit your plan regularly to make sure it makes sense next month, next year and beyond. See if your saving towards your goal.
How We Can Help With Your Financial Plans
Assessing Your Current Financial Situation
- Tracking income and expenses
- Evaluating net worth
- Completing a financial inventory
- Developing a “snapshot” of today
Investing for Major Expenses
- Educating children
- Buying a house or car
- Developing a cash reserve
Retirement Planning
- Estimating retirement income and age
- Estimating the value of government programs
- Assessing current retirement assets
- Determining how to take distributions
- Spending assets, passing them to heirs, and charitable giving
- Developing a plan to eliminate any gaps
Protecting Against Financial Crisis
- Protecting your children’s education if you die—life protection
- Protecting your income if you become disabled—disability income
- Business continuation planning—i.e., buy-sell agreements
- Addressing health care concerns, including nursing home expenses and long-term care options
Asset Allocation
- Based on your time horizon and risk tolerance, what is the most appropriate asset mix of equities, bonds, and cash?
- 92 percent of a portfolio’s return is based on the portfolio’s asset class mix—not market timing
Minimizing Taxes*
- Reviewing tax-advantaged investment options
- Evaluating net worth
- Considering state or federal taxes, i.e., tax efficient mutual funds, muni bonds
- Developing a tax deferral strategy, i.e., annuities, life insurance, IRAs
- Reviewing tax strategies for distributions from qualified plans
Preserving Wealth/Estate Planning*
- Minimizing excess estate taxes
- Helping plan for federal, state and inheritance taxes
- Funding the transfer of your family business
- Helping protect your legacy
- Homeownership tips
We serve a broad spectrum of clients.
They include individuals & families, business owners & professionals. Whether you are new to investing (accumulating), ready for a new job or new direction (preserving), or are close to retirement and want to make sure your money will last (transferring), we offer strategic advice for all of your wealth management needs. Our clients are down-to-earth, hard-working individuals who lead full and busy lives. Some are younger, some are older, but all of our clients have the same goals in mind - establishing a solid financial base.
Sound like you?
You’ve worked hard to create a quality of life you can enjoy for many years to come. We’re glad you’re getting started and we’re really glad you’re doing it here with us.
Before deciding whether to retain assets in a 401(k) or roll over to an IRA, be sure you understand the benefits and limitations of your available options and consider factors such as differences in investment-related expenses, plan or account fees, available investment options, distribution options, legal and creditor protections, the availability of loan provisions, tax treatment, possession of employer stock, and other concerns specific to your individual circumstances.
