In the simplest sense, retirement planning is the planning one does to be prepared for life after paid work ends, not just financially but in all aspects of life. The non-financial aspects include such lifestyle choices but our role here is to assist in making sure one can afford the post retirement life-style choices.

Insurance planning is a critical component of a comprehensive financial plan. At Dallas Financial Advisors, we not only advise our clients on pursuing growth in their account(s) but more importantly protecting it. In early states of life one may need to protect income for family member but in later stages insurance may be critical to your ‘Generation to Generation’ transfer.

College cost have continued to rise in cost making it almost impossible for some to afford it. Proper saving and planning can help offset those cost allowing children to pursue a great education.

Estate planning is the process of anticipating and arranging, during a person’s life, for the management and disposal of that person’s estate during the person’s life and at and after death through the use of wills and trust. These tools can help minimizing gift, estate, generation skipping transfer, and income tax.

The retirement benefit, i.e. 401k or pension, is a form of compensation designed to assist the employer in the recruitment and retention of public employees and other workforce management goals. It is also provided to assist employees in preparing for retirement and compensate individuals for their years in public service.

Succession planning is a process for identifying and developing new leaders who can replace old leaders when they leave, retire or die. … In business, it entails developing internal people with the potential to fill key business leadership positions in the company. This can be addressed with proper business insurance.