Wealth Management Services

Enhanced Planning

Enhanced planning can be one key element of any retirement strategy, helping ensure that your legacy is one of family harmony, regardless of the size of your estate. Without careful preparation, misunderstandings can cause a rift in the family you’ve spent your life protecting.

As we work with you at Genesis Wealth Management , our goal is to we’re driven to turn your savings into sustainable, strategic income, so you can worry less about running out of money and focus more on what really matters in retirement: freedom, purpose, and opportunity.

Disclosure: Genesis Wealth Management does not provide tax or legal advice. You should consult with an attorney or a tax professional.

Income Planning

Retirement isn’t just a finish line you’re racing toward. It’s an exciting new phase of life that demands a thoughtful, flexible income plan.

Whether you’re just getting close to retirement or already there, income planning can often come with questions like: Will my money last? How much will I need? Where should it come from? When should I begin withdrawals?

Here’s how we can help answer them

THREE PHASES OF RETIREMENT INCOME

Accumulation: Grow it while you work
Distribution: Use it wisely when you retire
Preservation/Transfer: Protect what’s left and pass it on

Social Security

If you’re like many retirees, your Social Security benefit represents years of savings and hard work and may be the foundation upon which you plan to build and grow your retirement income. Though most Americans have some basic familiarity and knowledge on the topic, far less are able to determine — on their own — the optimal way to file so they can maximize their benefit and carefully integrate it into the rest of their retirement strategy.

At Genesis Wealth Management, we help our valued clients develop an understanding of their Social Security benefit, and both educate and inform them on the optimal time to start accepting their benefit. According to the Social Security Administration, delaying your benefit may potentially increase your benefit amount by as much as 8% per year.

There is a lot to know about Social Security, and it is important for you to be educated so you head into retirement with a strategy on how you will rely on your benefits. Our firm is dedicated to helping you make the most of your benefits, with the goal of supporting you as you plan for a more comfortable and enjoyable retirement.

Tax Strategies

Determining your current and future tax liability and developing a strategy that minimizes how much you pay during retirement is one part of building a retirement strategy. Taxes can impact your legacy and the assets you’ll be able to transfer to your heirs and beneficiaries. We recommend taking steps to help ensure that you’re taking advantage of any possible tax minimization strategies to help maintain the retirement you’ve worked hard to build.

Utilizing the skills of certified public accountants can be important to your finances. Such a team can help monitor tax law changes specific to your retirement strategy and provide different tax minimization strategy options

Disclosure: Genesis Wealth Management does not offer legal or tax advice. Clients should consult their qualified tax and legal professionals regarding their specific circumstances.

Generational Vault

It wasn’t that long ago that managing your financial lives meant keeping track of dozens – if not hundreds – of documents like trusts, wills, powers of attorney, insurance policies, and more. They were squirreled away in drawers, boxes, grocery bags and who knows where else.

But thankfully, Generational Vault – your virtual safety deposit box – allows you to upload important documents and view your financial information.

Generational Vault provides you with:
• A snapshot of your financial picture;
• Detailed records of your assets;
• Important financial reports and dynamic charts;
• And much more!

Generational Vault helps to ensure that all of your important information will be safe, secure and accessible anytime, anywhere.
Contact us today to discuss how Generational Vault can help you organize and safeguard the most important financial documents in your life.