“I believe people can make better decisions when they fully understand their choices and the impact those choices have on their families and the rest of their lives,” says Garrison, who is known throughout Little Rock simply as Gary. “People who come to see us after attending a seminar or seeing me on TV typically say they appreciate the educational approach we take rather than a sales pitch. They sense we’re simply trying to help them make wise choices, and it makes them feel more comfortable working with us.”
Our mission is to work closely with our clients to design financial strategies that provide confidence and clarity while also helping to protect their future. Using customized plans that are created through a true partnership, we empower our clients to weather the inevitable challenges that our complex financial world presents.
Enhanced Planning |
Enhanced planning is one key element of any retirement strategy and helps ensure that you leave a legacy of family harmony, regardless of the size of your estate. Whether your priorities are preserving assets for future use or transferring your wealth to beneficiaries, we can help you build a plan that fits your needs and seeks to help maintain family harmony after you’re gone.
Disclosure: Our firm does not provide legal advice, and you should consult an attorney for such advice.
Life Insurance |
Life insurance may provide some comfort for the policyholder because their loved ones will receive a death benefit when they pass away. It can also offer a number of benefits that may make it a valuable tool.
Guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. Policy loans and withdrawals will reduce available cash values and death benefits and may cause the policy to lapse or affect any guarantees against lapse. Additional premium payments may be required to keep the policy in force. In the event of a lapse, outstanding policy loans in excess of unrecovered cost basis will be subject to ordinary income tax. Withdrawals are generally income tax-fee, unless the withdrawal amount exceeds the amount of premium paid. Policy loans are not usually subject to income tax unless the policy is classified as a modified endowment contract (MEC) under IRC Section 7702A. However, withdrawals or partial surrenders from a non-MEC policy are subject to income tax to the extent that the amount distributed exceeds the owner’s cost basis in the policy. Tax laws are subject to change. Clients should consult their tax professional. Keep in mind that most life insurance policies require health underwriting and, in some cases, financial underwriting.
Long-Term Care |
It can be beneficial to have a plan to be able to fund long-term care, should you need it at any point in your retirement. We are here to help you prepare for a long and comfortable retirement.
Insurance Solutions |
Depending on your unique retirement goals, one of our insurance solutions may strike the right balance between risk aversion and reliable income.
Asset Allocation & Risk |
We pride ourselves on providing retirement strategies to Little Rock, AR and the surrounding communities. We take a look at your unique mix of assets and integrate those aspects into a coordinated retirement income plan.
Income Planning |
Income planning for retirement can be a daunting task for many retirees because there is a lot to learn. At Asset Protection Wealth Management, LLC, we are here to help you navigate throughout each of the three income planning phases – accumulation, distribution, and preservation or transfer – and to help you make sense of the tax advantaged vehicles used to accomplish your retirement income goals.
Catch up with the latest Money Monday news and our Wealth Talk radio segments through our media pages. Learn about common financial questions, how to maximize your retirement income, common 401k rollover mistakes, and more!
Questions You Should Know
We have put together an informative brochure that helps answer the following questions:
- What is your Social Security amount?
- When is the best time to start taking your Social Security benefit?
- Are there different options if you are married?
- Does earning additional income while you are on Social Security impact the value of your benefit?
- Do you pay tax on your Social Security benefit?
Social Security Brochure Request
The Color of Money Risk Analysis assesses your financial picture and provides a roadmap to your overall risk preferences. The output will be a proprietary Color of Money score. This short, interactive analysis is the first step on the road to retirement.
Generational Vault never sleeps; it’s your 24-7-365 access to your accounts and important documents all in one place! Reach out to us today to discuss how Generational Vault can help you organize and safeguard the most important documents in your life.
Most people have an idea of how much money they need to retire with, but they don’t know how they’re going to get it. In the last 25 years, retirement has gotten more stressful and more demanding, with more of the responsibility for accumulating, protecting, and managing those hard-earned assets is placed squarely on YOUR shoulders. Don’t wait until the day after you retire to start thinking about where your income is going to come from.
The unique challenges women face when it comes to retirement can be puzzling. Understanding these challenges is key to overcoming them. Piece by piece, you can put together a retirement strategy that aligns with your goals — you just have to know how everything fits together.
Empower yourself with knowledge about the issues women face and what you can do to make sure they don’t spoil your retirement.
Request a no-cost consultation today!
