North Shore Asset Management provides retirement planning services designed to educate clients about their options to help meet current financial needs, achieve long-term financial goals, avoid common retirement-planning mistakes, and enjoy life more confidently.
Our goal is to teach clients how to enjoy reliable portfolio growth. This growth is achieved through conservative investment options designed to generate income through interest and dividends, regardless of market conditions. This is income that can be spent, or reinvested for dependable “organic" portfolio growth.
Our team will help you with the required minimum distribution for your specific retirement account(s) each year. These retirement accounts include traditional IRAs, Rollover IRAs, Simple IRAs, 401(k)s, and more. This withdrawal usually begins when you reach age 70 ½. We ensure our clients understand and meet the necessary requirements for their required minimum distribution. This includes calculating the required minimum amount for withdrawal and when the beginning dates for withdrawal will take place.
Our clients have many diverse estate and tax issues they may wish to address through estate planning. Some clients want to maximize the wealth they have built for their families, while others want to donate the bulk of their estates to charitable organizations. Many clients have built large IRA and 401(k) plans and do not want to pass up to 75% in potential taxes of those assets to their families. No matter what your individual planning needs are, we can help you accomplish your goals for the future. An important goal for us is helping you significantly reduce taxes incurred when you pass on your financial legacy.
Choosing between an annuity and life insurance can be a daunting task for those not well-versed in their differences and benefits.
The main goal of an annuity is to plan for longevity. They are basically a way to ensure that you have enough income for the rest of your life.
Life insurance policies are the exact opposite of annuities. Life insurance policies provide safety to your loved ones in the unfortunate event of your passing. These policies will protect your loved ones’ financial future. There are a variety of different life insurance options, which can cause a great deal of confusion when attempting to choose the right policy for your specific needs.
Whether you need an annuity or a life insurance policy, there may be costs that limit the amount of returns you receive. Our team’s main goal is to ensure you earn the most from your annuity or life insurance policy. We will work with you to develop a solid financial plan for you and your family for retirement and passing.
You have worked a lifetime to build your family’s legacy and wealth. Protecting and preserving that wealth is the most important goal we can help you achieve. We want to help you make certain your family’s financial future is protected by helping you leave a greater legacy. It is our goal to help you pass on your estate to the rightful parties you designate through a sound plan that protects you and your family while potentially minimizing taxes. Our clients can enjoy maximum wealth protection and legacy enhancement through our sound and professional advice. You will be able to enjoy a simple, time-saving, and effortless experience working with our firm.
Part of protecting your financial future involves making sure you have adequate health insurance. Our insurance agents are specially trained in health and Medicare supplement insurance. Our firm is contracted with several insurance companies and is positioned to help find you the appropriate rate and coverage for your unique needs. You will rest assured that you have suitable coverage and a great, affordable rate.
There are a numerous amount of potential investment strategies available to you. This makes it difficult to decide which strategies will help you earn the highest return on your investment. You must consider the amount you plan to invest, the level of risk you are comfortable taking, and what mix of investment strategies will serve you the best. At North Shore Asset Management, our team will listen to your desires for investments and explain the best options for your specific financial situation. Together, we will develop and execute a comprehensive investment strategy.