Make Smarter Choices With Your Money

Retiree Financial Advice

Retiree

For those in retirement, financial decisions in this stage of life require very careful planning since the needs of retirees are distinctly different than in the wealth-building years. In this phase, the primary focus is preserving your wealth and ensuring that your income needs are fully met.

Having a precise understanding of your current financial position and money needs is critical in this stage. Mayes Financial planners will prepare a comprehensive income and assets report to set the groundwork for selecting the best financial strategies for you. From there, we will propose the most appropriate solutions for investments, income planning, estate planning, social security and more based on your individual needs.

Strategies for Retirement Income

  • Build Your Own Pension
  • Income Annuities
  • Pension Review

Retirement Income Planning

  • Cash Flow Analysis
  • Future Pension Strategies
  • Retirement Budget
  • Risk Exposure
Income Planning

Income Planning Services

Most of us spend our working years saving and accumulating retirement assets or climbing the mountain to retirement. But not everyone has a plan to safely get down the other side. At Mayes Financial Planning Nampa, we firmly believe comprehensive income planning is the cornerstone to successful retirement years. We can help identify your guaranteed income while also helping you fully understand your expenses. Your income plan is a roadmap to financial independence and we provide comprehensive retirement advice to keep you on track to meet your goals.

Investment Management

Investment Management Services

Do you know if you are taking on too much risk or not enough risk to reach your retirement goals? Through our comprehensive financial planning process, we will analyze your current portfolio's risk level and provide investment guidance to ensure your investment strategy is aligned with your long-term goals. At Mayes Financial planning, we help our clients build a customized portfolio that is focused on achieving long-term financial goals instead of simply chasing the market. We believe in not just making money, but helping you hold onto it too.

Risk Management

Risk Management Services

There are three major risks and unknowns those planning for retirement face: the rising cost of health care, inflation and longevity. At Mayes Financial planning, we provide asset protection strategies and guide you through the options available for managing risk. From self-funding your future health care costs to utilizing hybrid long-term care insurance products, there are many ways to ensure you do not outlive your envisioned lifestyle and plan for your retirement.

Asset protection

Asset Protection Services

As you move into the later stages of life, your estate plan will offer you peace of mind that your assets will care for your family for years to come. Mayes Financial Planning offers thorough estate planning to address even the most complex planning needs. We work to protect and grow clients' assets and prepare to pass them on to your heirs and charities.

Tax Strategies

Tax Strategy Services

Mayes Financial Planning will help you understand how different investments are taxed so you can make the right investment decisions. We will work with your current tax advisor or CPA to ensure your Retirement Plan is aligned to minimize taxes. We believe that proper tax planning is based on being proactive rather than reactive, and will help you understand the value of year round tax planning, instead of waiting to the last minute.