With retirement just around the corner, you've most likely figured out how you're going to get there, even if the majority of your earnings are diverted to your retirement savings. If you don't know how you're going to get there, then you need to call an advisor at Harborstone today. While enjoying your retirement is your focus we know that you also think about the future, and providing for the financial security of your family. You may be concerned that a spouse will have sufficient income to live on should you die first, or that your grandchildren will be able to attend college. Whatever your dreams and concerns are for your family's future, we're here to help.

What To Consider

Providing for future financial security

If you plan to leave money to your spouse, children or grandchildren you may also leave them a significant tax burden. You also need to be concerned with how your surviving spouse would continue to pay the bills. If you die, is your spouse covered if he/she requires extensive medical coverage or assisting living services in the future?

Making Gifts Now to Ensure a College Education for Your Grandchildren

In addition to providing for your spouse and children, you may be considering the needs of grandchildren as well. And your children will no doubt welcome your help to fund your grandchildren's education as college costs in 20 years are projected to be almost $100,000 for a four-year public school education.

How Harborstone can help

Estate planning is complex and to ensure that your family's financial future is secure you need to gather a team of advisors to assist you. That team should include an estate attorney and a financial advisor. You'll want to identify options for estate planning.

At Harborstone our financial advisors can help you make choices that could provide you with current tax advantages while helping you ensure the future financial security of your loved ones. We can also help you fund a grandchild's future college education. Through Harborstone you'll have access to a variety of investment and insurance products.

A Harborstone Financial Advisor can help you review your insurance needs and determine if additional medical and long-term care insurance would be an appropriate addition to you and your spouse's coverage.

To schedule a complimentary appointment with a Harborstone Financial Advisor, call (253) 589-8396 today.

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