SERVICES: COMPREHENSIVE PLANNING
The prospect of building wealth through successful investing has never held more appeal. But like any market, with increased demand for financial products has come increased supply. Investors are faced with what can be daunting choices.
Our office was established to provide ongoing professional advice to investors while helping them meet their individual investment objectives. We can help you define your long-term investment goals and build a personalized investment portfolio designed to achieve them. We recognize the importance of getting to know you, your financial needs, your financial goals and your lifestyle.
SERVICES: ASSET MANAGEMENT
As an investor, it is important to develop a solid investment strategy to achieve your long-term goals. One way you can accomplish this is by comparing your current portfolio to a portfolio with an ideal asset allocation.
An asset allocation strategy takes into account the historical performance of stocks, bonds and cash and exploits their different return characteristics to improve the probability of achieving a desired long-term total return.
We build allocations for our clients that use all of the investment tools that are available today: stocks and bonds, mutual funds and exchange traded funds (E.T.F.'s), and annuities. Each one provides a different but important component to a well balanced portfolio.
SERVICES: ESTATE PLANNING
Michael J. Dell'Olio and Associates, L.L.C. is a member in good standing with The Estate Plan™ which provides a comprehensive estate preservation program that incorporates a full range of estate planning products and services. These are tailored to your family's unique needs.
The Estate Plan™ has been in business for over 25 years and was founded by Henry W. Abts, III, the national best-selling author of the book The Living Trust, which started the estate planning revolution.
The services include: wills, revocable & irrevocable trusts, life estates, private annuities, charitable remainder trusts, living trusts, corporations, limited liability companies, durable power of attorney, and medical power of attorney.
SERVICES: RETIREMENT PLANNING
Achieving a comfortable, financially independent retirement is your ultimate goal. Several trends indicate that achieving an adequate retirement is more challenging than in the past. First, higher rates of inflation compared with prior generations require that more money be set aside to meet ever-increasing living costs. If inflation continues at the 3%-4% rate of the early 90's, living costs will double every 20 years.
Second, longer life expectancies mean that you must fund your retirement of 25 years or more over a work life of less than 40 years. Finally, your retirement should be viewed as a time for doing things that were put off during your working years. Retirement planning involves establishing a comprehensive method of gathering enough funds to ensure a productive and enjoyable retirement. We can provide you with the guidance necessary to achieve your goals.
SERVICES: RETIREMENT LIVING
Now that you are in retirement, continuing with your plan is just as important as ever. We understand the life changes that you will undergo and can help you determine the best withdrawal rate and hierarchy. Careful planning will help ensure your savings last.
SERVICES: COLLEGE PLANNING
The cost of a college education has increased significantly. According to the College Board, for 2008-2009 school year it will cost an average of $25,578 for tuition, fees, room and board at a four-year private school and an average of $10,800 at four year public schools.
With proper planning, you can increase your resources, make the costs more manageable and improve your chances of obtaining financial aid. By setting a strategy now, you'll be in a better position to help your child come up with the necessary funds to pay for college when the time comes.
Our firm can help you look at strategies and steps you can take to be prepared for what's ahead.
SERVICES: INSURANCE PLANNING
Risk management is an important consideration when we craft client portfolios. Whether it is the risk of financial loss due to an accident, sickness or premature death, insurance can help make the person whole where otherwise they, their family or their business may suffer financial devastation.
We offer a variety of types of insurance to manage a variety of personal and business risks. We have the ability to step back, assess a client's position from a variety of vantage points and structure a plan that best suits the overall needs. Insurance can be an important component of this plan.
SERVICES: Health Care Planning
Longer life expectancies mean longer, more enjoyable retirements. But it also leaves all of us more vulnerable to the financial ravages of old age. Catastrophic illness can irrevocably destroy assets that took a lifetime to build.
One out of three people entering retirement will need some type of long-term care. The cost are staggering because the average length of stay is three years.