How We Help

When you are considering retirement planning, you need to have a wealth management strategy that helps address your needs. This may include options for claiming Social Security and Medicare benefits, having a portfolio growth strategy, and having a tax management strategy. At various stages, each of these strategies will require review and may require changes. Sound planning involves understanding all of your available sources of retirement income, planning for taxes, and making sure you have a plan for mounting health care costs as you age..

Retirement Income Planning Designed to Meet Your Goals

At Legacy Estate Partners, when we begin working with new clients, we first address their most common questions, including “When can I retire and how much will I need?” We understand this concern is foremost in their minds. We also understand our clients will have questions about how to preserve their current wealth, how to make sure their portfolio has the correct level of liquidity, and how to ensure growth without taking on additional risk in a volatile stock market.

Retirement planning should not wait until a year before you expect to collect Social Security. Instead, you should have a clear plan in place as early as possible. Joe Franz and Derek Wilkerson are dedicated to providing each client with sound investment strategies and plans which can help them address some of their most common concerns. Residents across the state of Iowa who are wondering (1) When can I retire and how much will I need (2) what steps should I take to preserve my wealth, and (3) what options are available to claim my Social Security payments, we can help. Let us take the guesswork out of your retirement income planning by helping you develop a comprehensive retirement planning package that helps you meet your long-term goals.

Explore our opportunities:

INVESTING

Efficient Tax Planning

Long Term Care

Retirement Income Planning

Maximizing Social Security

Wealth Management

Investing in Retirement

When providing retirement investment advice, it is important to take all aspects of your wealth into consideration. Your investment advisor should understand all the options for claiming your Social Security benefits, determine the minimum amount of income you want during your retirement and help you determine what investment products work to help you meet both your retirement and investment goals. The first step in retirement planning is to ensure your investment portfolio reflects your goals and values. This means understanding what growth strategies work based on your risk tolerance. At Legacy Estate Partners, we take the time to make sure you are educated on the investment strategies that will help you meet your goals.

When you are searching for sound investment advice, you can count on Joe Franz and Derek Wilkerson. Legacy Estate Partners provides you with all the information you need to plan your retirement income, claim your Social Security benefits, and customize an investment plan which will help you meet your financial goals before, during, and after retirement. We offer a comprehensive approach to managing your wealth to help ensure your financial goals are met, including offering sound investing strategies based on your need for portfolio growth and your risk tolerance.

Efficient Tax Planning

Efficient tax planning is the art of finding ways to exploit the tax code in favor of your bottom line. We help our customers streamline their retirement portfolio so they can easily see which investments are working and which ones need to be adjusted. Too many filers in Iowa fail to take advantage of tax-deferred money, resulting in an overpayment to the government on their taxes.

You probably have more opportunities than you think when you’re filing your taxes. Our team can help find the hidden numbers you may be missing. We know the federal, state, and local laws that can maximize your returns, so you’re not leaving any tax-deferred money on the table. When it comes to planning, you may need to shuffle your funds around to make your money work for you. Choosing the right financial advisor is crucial to protecting your finances from unnecessary payments, so you can keep more money year after year.

Long Term Care

Covering long term care risk is a must when you are planning your retirement. When you need medical care after retirement, you can wipe out your wealth if you do not properly plan for the medical needs of you and your spouse. Today’s LTC products offer better coverage than they did in the past and are designed to help ensure you are not paying more than needed for life-saving care. There are numerous studies showing seniors can pay up to six times the health care costs they should be paying without long term care insurance. We understand part of your retirement planning must include addressing your healthcare needs.

At Legacy Estate Partners, Joe Franz and Derek Wilkerson have assisted investors across the state of Iowa to meet their retirement goals and develop plans to preserve their wealth in the event of a catastrophic illness. We take a customized approach to your retirement income planning, including addressing your health care costs. We have a thorough understanding of the retirement income and wealth risks associated with rising health care costs. We can help you create a plan for long term care by identifying the right solutions suited to your needs.

Retirement Income Planning

Retirement income planning can be one of the most important financial decisions you make in your lifetime. Learning how to plan your retirement income doesn’t have to be difficult when you allow our retirement planning team to work closely with you. Joe Franz and Derek Wilkerson at Legacy Estate Partners serve the state of Iowa with comprehensive services. Learn when you can retire, how much you need, and how to boost your retirement income now. Whether you are younger or older, our team is here to answer your questions.

When can I Retire and How Much Will I Need? Are You Ready for Answers?

If you are approaching retirement age and you’re asking, “When can I retire and how much will I need?”, it’s time to come in for an appointment with our retirement planning team. Talk to us about your goals, financial health, and your long-term needs. When you learn how to plan your retirement income around investments, you’ll learn there’s much more available to you than you thought. Even if you are approaching retirement age but not quite there yet, it’s never too late to start planning and let Joe Franz and Derek Wilkerson at Legacy Estate Partners help you. We encourage you to visit our offices to learn more about how much you need to retire and where to get started. If you prefer to stay home, Joe Franz and Derek Wilkerson both make house calls, too. Let Legacy Estate Partners carefully help you choose efficient income-producing assets for your goals. Contact our team today to schedule a consultation.

Maximizing Social Security

Many of us do not give enough thought to our potential Social Security earnings. Instead, upon being eligible, we simply apply for Social Security benefits after reviewing our benefits statement. This could be the wrong strategy for Social Security benefits. What many people are unaware of is that the Social Security payments they receive should be an integral part of their overall retirement and estate planning. Rather than just asking, “How much Social Security will I get?”, the real question should be, “At what point will I be eligible for the maximum Social Security benefits?” We do realize that everyone has different circumstances. For example, your current income, marital status, and your overall health must be taken into consideration when developing a plan for collecting Social Security.

We help our clients devise a Social Security strategy which takes their current and future needs into account and shows how Social Security payments can make a difference. Joe Franz and Derek Wilkerson have worked with residents across the state of Iowa to help them better understand their choices, as well as explain the opportunities they have for claiming Social Security benefits relevant to their own circumstances. We make sure you know the answer to the question, “How much Social Security will I get?”, and understand how Social Security benefits can impact your state and federal tax returns. Contact us today and learn more.

Wealth Management

Wealth management is a discipline that covers investment portfolio management, financial planning, and a variety of innovative strategies designed to help individuals and families get the most out of their hard-earned money. Fully integrated, comprehensive plans from wealth management companies should cover aspects of asset management like risk management, retirement planning, accumulation, business planning, estate planning, taxation, and all other areas relevant to your unique situation.

At Legacy Estate Partners, our team of experts understands these complex requirements and knows what it takes to help you meet all of your financial objectives. Legacy Estate Partners aims to help clients understand exactly how our strategies will benefit them both in the short term and in the long term.

We are one of the only companies that prioritizes truly understanding the client, including relevant family dynamics and overall financial goals. Iowa families and individuals who come to our wealth investment professionals know that they will leave feeling more comfortable about their expenditures, cash reserves, sources of supplemental income, and the tax impact of each of these decisions. We also encourage collaboration with any trusted advisors you might have, including your attorney, accountant, trustees, and family members, to further demonstrate that our team has your best interests in mind.

Our firm sincerely believes that the client should play a vital role in the wealth management process, which is why we present our recommendations to you, answer any questions, and make necessary adjustments before implementation.