Financial Planning Resources

Financial Planning Resources

Establishing clarity around your finances is arguably one of the most critical things to your overall financial success. Financial planning pulls together all your finances and organizes them to help make management easy and effective. The more you understand and better manage your wealth, the more prepared you are for your goals and dreams. 

To manage your income and expenses effectively throughout your lifetime, consider partnering with your financial advisor, who has the experience to help you create a plan that strategically addresses your unique goals and needs. If you don't have a financial planner connect with one today.

Anyone, any age looking for financial independence can benefit from working with a good financial advisor either periodically or regularly. The many advantages of financial planning are explained in this guide:

The Benefits of Financial Planning >>

Through our partnership with Fellows Financial Group all USSFCU members have access to investment management and financial planning services. Fellows Financial Group serves people at all income levels and from all walks of life—whether the need is one quick question or ongoing financial assessment, management, and direction.

If you are interested in financial planning, please contact our partners at Fellows Financial for more information by calling 571.205.1515 or simply schedule a time to discuss . 

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Tax Planning

By planning ahead and taking advantage of these time-proven tax strategies before year-end, you may be able to lessen your tax bite come April. Lower Your Tax Bill

Learn several ways to potentially lower your tax bill through tax-efficient investing.

Tax-Efficient Investing

A tax-efficient investment and distribution strategy may help you keep more of your hard-earned assets for yourselves and heirs.

Strategies for Retirees

What’s My Taxable Income?

Although the specific numbers used by the IRS to determine your taxable income are subject to change from year to year, there are steps you can use to estimate your taxable income. Taxable Income Estimation Calculator

Risk Management & Insurance

Life Insurance is a Key Part of a Solid Financial Plan

You can use life insurance to leave much-needed income to your survivors, provide for your children’s education, pay off your mortgage, and simplify the transfer of assets. Learn More >>

 

Life changes quickly; that’s why it’s important to periodically evaluate your financial and life insurance needs. If you answer “yes” to any of these questions  contact a Fellows advisor about an insurance review today.

Schedule a Policy Review

Retirement Planning

Are you saving enough to maintain your current lifestyle throughout your retirement years? Is it time to increase your retirement plan contributions? Is your asset allocation consistent with your retirement planning goals? These questions are critical when you consider that saving just a little more each month could make a big difference in the amount of money you have in the future.

Successful retirement planning can be broken down into two simple saving mantras:

      • Start saving as early as you can.
      • Save as much as you can.

This guide will help you understand the power of these two saving mantras in more detail. The goal is to understand how these mantras can help take away the fear factor of retirement planning and empower you to take basic actions that will help set you up for retirement planning success.

Retirement Planning Guide

Net Worth = Assets - Liabilities

Since each person's financial situation and goals are unique, it is difficult to establish a generic "ideal" net worth that applies to everyone. Instead, you will have to determine your ideal net worth—where you want to be in the near-term and long-term future. 

Net Worth as a Retirement Planning Tool

Investing Mistakes

This article describes five common investment mistakes when planning for retirement and how you may avoid them.

5-Mistakes

How much do I need to save for retirement?

Social Security is part of the retirement plan for almost every American worker. It provides replacement income for qualified retirees and their families. Visit ssa.gov/planners for numerous helpful resources including calculators, publications and life expectancy estimates.

Estate Planning

If the word ‘estate’ brings to mind mansions, private islands and offshore bank accounts, we’d like to encourage you to think about it a little differently. An estate plan isn’t just for the wealthy. That’s because your estate is anything you own that will be passed down, paid off, or otherwise disposed of upon your death.

Here's a guide that provides an in-depth look into the essentials of estate planning and includes a checklist that'll assist you in getting your business affairs and records organized. 

Estate Planning Essentials

You should be aware that estate taxation—or just about anything having to do with estate planning— is complex. It’s always best to work with an experienced professional.

To talk to a Fellows advisor about estate planning call 571.205.1515 or schedule a time to discuss .

 

 

 

 

 

 

Fellows Financial Group

Anyone, any age looking for financial independence can benefit from working with a good financial advisor either periodically or regularly. Fellows Financial Group serves people at all income levels and from all walks of life—whether the need is one quick question or ongoing financial assessment, management, and direction.

Done right, financial planning is a process that helps you figure out where you are financially today, where you want to be in the future, and then helps you determine a suitable way to get there. With the Fellows Financial Group advisors, the process involves an initial in-depth review of a client’s current financial situation and then the creation of a blueprint on how to manage future goals and objectives.

How Can Fellows Help?

Investment Services

Using sophisticated algorithms, consistent modeling, and their proven expertise, Fellows Investment Advisory Services will guide your investments and help you realize a secure future.
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‍ Learn More >>

Legacy Planning

What happens to your loved ones if you’re no longer around? The unexpected can happen and without planning, you may leave your family without financial security. With Fellows Legacy Planning services, you can relax knowing that your loved ones will be financially secure.
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‍ Learn More >>

Goal-Based Retirement Planning

Where are you headed? What will it take to get you there? Fellows Goal-Based Planning services will map out a path that replaces daily stress and worries with confidence and achievement.
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‍ Learn More >>

Home, Auto, Umbrella Insurance

Fellows insurance advisors take time to understand your unique situation and identify and eliminate gaps in coverage that might leave you exposed. They create personalized plans that fit your lifestyle and needs. From auto insurance to home insurance, they’re in the business of helping people protect what they value and have worked so hard to build.
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‍ Learn More >>

If you would like to have an advisor review your situation, please contact our partners at Fellows Financial by calling 571.205.1515 or simply  schedule a time to discuss . 

Schedule a Time

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Securities are offered through Coastal Equities, Inc. Member FINRA/SIPC.  Investment advice is offered through Wealthcare Advisory Partners, LLC, a registered investment advisor. Wealthcare Advisory Partners, LLC and Fellows Financial Group, LLC are separate entities from Coastal Equities.

Coastal and CoastalOne are trade names for the Coastal Companies. The Coastal Companies are Coastal Equities, Inc., Coastal Investment Advisors, Inc., a US SEC Registered Investment Adviser and Coastal Insurance Services which consist of several affiliated insurance agencies. Securities are offered through Coastal Equities, Inc., Member FINRA/SIPC and investment advisory services are offered through Coastal Investment Advisors, Inc., a US SEC Registered Investment Adviser,  co-located at 1201 N. Orange Street, Suite 729, Wilmington, DE 19801.

The Fellows Financial Group investment products are not insured United States Senate Federal Credit Union deposits and are not NCUA insured. These products are not obligations of the United States Senate Federal Credit Union and are not endorsed, recommended, or guaranteed by the United States Senate Federal Credit Union or any government agency. The investment value may fluctuate, the return on the investment is not guaranteed, and loss of principal is possible. United States Senate Federal Credit Union is not a registered broker. All investing involves risk, including loss of principal. No strategy assures success or protects against loss. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.

Fellows Financial Group LLC, Coastal Equities, and Wealthcare Advisory Partners are third-party partnerships and are not affiliated with United States Senate Federal Credit Union and USSFCU Best Life. Coastal Equities, Fellows Financial Group LLC, Fellows Insurance Group LLC, and Wealthcare Advisory Partners do not offer tax advice. We suggest that you discuss your specific tax issues with a qualified tax advisor.

The content on this page provides general consumer information. It is not legal advice or regulatory guidance. We do not endorse or guarantee the accuracy of third-party information.

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