FINANCIAL PLANNING

Financial planning, including planning for retirement, as well as other financial goals such as education funding, planning for acquisition or start up of a business, or for acquiring real estate or other assets involves allocating pools of money to be invested for each goal, time horizon identified, asset allocation policy established and risk tolerance levels defined. Investment Management as described above can then be implemented.

Wealth management also involves the prudent use of debt. Clients can often borrow at interest rates that are reasonably less than the rates of return expected on investments thereby successfully leveraging opportunities to grow their wealth.

Qualified and Non-Qualified Retirement Plans allow business owner’s to defer income from taxes. The firm partners with pension fund experts who are available to perform pension feasibility studies to ensure that clients are taking full advantage of the opportunities available under the current tax code.

Baughman Financial Group will design your personal financial plan based on your family’s unique needs and circumstances.