Investing for Retirement Hagerstown MD

You may look at your portfolio today and think you have plenty of money to start giving out gifts to your children in tax-free amounts generally up to $12,000 per year if you are single and $24,000 per year if you are married. But your spending may change in retirement.

Archibald Hoxton
Hoxton Financial, Inc.
(301) 244-0320
19756 Longmeadow Road
Hagerstown, MD
Expertises
Retirement Plan Investment Advice, Ongoing Investment Management, Estate & Generational Planning Issues, Advising Medical Professionals, High Net Worth Client Needs
Certifications
NAPFA Registered Financial Advisor, AAMS, AIF, CFP®

Mr. Andrew Alan Serafini, CFP®
(301) 739-1500
1110 Opal Ct
Hagerstown, MD
Firm
Serafini Financial Services
Areas of Specialization
Comprehensive Financial Planning
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable

Profession: Not Applicable

Data Provided by:
Mr. Jeffrey A. Bowers, CFP®
(301) 791-7910
1380 Dual Hwy
Hagerstown, MD
Firm
Bowers Insurance
Areas of Specialization
Business Succession Planning, Estate Planning, Insurance Planning, Investment Management
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: $100,001 - $250,000

Profession: Self-Employed Business Owners

Data Provided by:
Mr. Johannes Allender, CFP®
(240) 221-0887
44 N Potomac St Ste 203
Hagerstown, MD
Firm
Zinaich Capital & Risk Management

Data Provided by:
Mr. Douglas K. Nigh, CFP®
(301) 739-1500
1110 Opal Court
Hagerstown, MD
Firm
Serafini Financial Services
Areas of Specialization
Business Succession Planning, Comprehensive Financial Planning, Employee and Employer Plan Benefits, Investment Management, Investment Planning, Retirement Planning, Wealth Management

Data Provided by:
Archibald Hoxton
Hoxton Financial, Inc.
(304) 876-2619
8530 Shepherdstown Pike
Shepherdstown, WV
Expertises
Retirement Plan Investment Advice, Ongoing Investment Management, Estate & Generational Planning Issues, Advising Medical Professionals, High Net Worth Client Needs
Certifications
NAPFA Registered Financial Advisor, AAMS, AIF, CFP®

Mrs. Lesa Feuillet Haas, CFP®
(301) 733-5505
1260 Maryland Ave
Hagerstown, MD
Firm
Walnut Street Securities, Inc.
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Education Planning, Employee and Employer Plan Benefits, General Financial Planning, Investment Planning, Long-Term Care

Data Provided by:
Mr. C. Allen Weller, CFP®
(301) 739-2373
6 W Washington St
Hagerstown, MD

Data Provided by:
Mr. John M. Zinaich, CFP®
(240) 285-1911
44 N Potomac St Ste 203
Hagerstown, MD
Firm
Zinaich Capital and Risk Management
Key Considerations
Average Net Worth: Not Applicable

Average Income: Not Applicable

Profession: Not Applicable

Data Provided by:
Mr. Marcus S. Conrad, CFP®
(240) 469-4615
13521 Essex Drive
Hagerstown, MD
Firm
Ameriprise Financial Services, Inc.
Areas of Specialization
Asset Allocation, Charitable Giving, Comprehensive Financial Planning, Debt Management, Education Planning, Elder Care, Employee and Employer Plan Benefits
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: $50,001 - $100,000

Profession: Not Applicable

Data Provided by:
Data Provided by:

Investing for Retirement

The goal of investing for retirement is to have enough money so you will never run out for your entire lifetime. But how do you guarantee the cash you put away each month will flourish into a beautiful money tree that just keeps sprouting hundreds? And if it does grow forever, how do you ensure your family will have tax-free access in the future? Start by sitting down with your financial advisor to determine what you will need for your future, says Paul Palazzo, managing director of financial planning with L.J. Altfest & Company.

You may look at your portfolio today and think you have plenty of money to start giving out gifts to your children in tax-free amounts generally up to $12,000 per year if you are single and $24,000 per year if you are married. But your spending may change in retirement. For instance, while you are working, you may eat dinner every night at home and vacation twice a year. However, you may want to eat out three times a week and travel four times a year when you retire because you have unlimited time to try new restaurants and go on trips to exotic locales.

It's generally best to give small gifts to your children now and let them wait until inheritance time to get more money, which may or may not require them to pay income tax. This is because there is more than one type of IRA or individual retirement account.

All your IRAs can house your buckets of investments set aside for long-term retirement savings.

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