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Investing for Retirement Omaha NE

You may look at your portfolio today and think you have plenty of money to start giving out gifts to your children in tax-free amounts generally up to $12,000 per year if you are single and $24,000 per year if you are married. But your spending may change in retirement.

Jason Hiley
Karstens Investment Counsel, Inc.
(402) 492-2727
10250 Regency Circle, Suite 100
Omaha, NE
Expertises
Women's Financial Planning Issues, Advising Medical Professionals, College/Education Planning, Estate & Generational Planning Issues, Helping Clients Identify & Achieve Goals, Ongoing Investment Management
Certifications
NAPFA Registered Financial Advisor, CFP®

Keith Smith
K.P. Smith Asset Management
(402) 392-0509
9910 N. 48th Street Suite 112
Omaha, NE
Expertises
Ongoing Investment Management, Retirement Plan Investment Advice, Estate & Generational Planning Issues, College/Education Planning
Certifications
NAPFA Registered Financial Advisor, CFP®, PhD

Mr. Gabriel Kerlik, CFP®
(402) 334-7265
1111 N 102nd Ct Ste 320
Omaha, NE
Firm
Ameriprise Financial Services,
Areas of Specialization
Comprehensive Financial Planning, Wealth Management
Key Considerations
Average Net Worth: $100,001 - $250,000

Average Income: $50,001 - $100,000

Profession: Not Applicable

Data Provided by:
Mr. Timothy J. Harrison, CFP®
(402) 891-2302
9300 Underwood Ave
Omaha, NE
Firm
Harrison Financial Services
Areas of Specialization
Charitable Giving, Comprehensive Financial Planning, Estate Planning, Insurance Planning, Investment Management, Wealth Management
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: $250,001 - $500,000

Profession: Business Executives

Data Provided by:
Mr. John T. Clark, CFP®
(402) 390-8264
9300 Underwood Ave Ste 500
Omaha, NE
Firm
Northwestern Mutual Financial Network
Areas of Specialization
Comprehensive Financial Planning

Data Provided by:
Michael Karstens
Karstens Investment Counsel, Inc.
(402) 492-2727
10250 Regency Circle, Suite 100
Omaha, NE
Expertises
Advising Medical Professionals, Estate & Generational Planning Issues, Ongoing Investment Management, Retirement Planning & Distribution Rules, Retirement Plan Investment Advice
Certifications
NAPFA Registered Financial Advisor, AIFA, BS, CFP®

Ms. Barbara J. Fajen, CFP®
(402) 330-2660
8807 Indian Hills Dr
Omaha, NE
Firm
Seim Johnson Sestak & Quist LL
Areas of Specialization
Accounting, General Financial Planning, Investment Management, Planning for Couples, Retirement Income Management, Retirement Planning, Small Business Planning

Data Provided by:
Mr. Daniel B. Kline, CFP®
(402) 343-8309
10250 Regency Cir Ste 250
Omaha, NE
Firm
Continuum Financial
Areas of Specialization
Comprehensive Financial Planning, Estate Planning, Special Needs Planning

Data Provided by:
Mr. Scott T Cavey, CFP®
(402) 393-5900
9290 W Dodge Rd Ste 200
Omaha, NE
Firm
Illuminate Financial Group
Areas of Specialization
Asset Allocation, Business Succession Planning, Comprehensive Financial Planning, Education Planning, Employee and Employer Plan Benefits, General Financial Planning, Insurance Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000



Data Provided by:
Mr. Michael D. Karstens, CFP®
(402) 492-2727
10250 Regency Circle
Omaha, NE
Firm
Karstens Investment Counsel, Inc.

Data Provided by:
Data Provided by:

Investing for Retirement

The goal of investing for retirement is to have enough money so you will never run out for your entire lifetime. But how do you guarantee the cash you put away each month will flourish into a beautiful money tree that just keeps sprouting hundreds? And if it does grow forever, how do you ensure your family will have tax-free access in the future? Start by sitting down with your financial advisor to determine what you will need for your future, says Paul Palazzo, managing director of financial planning with L.J. Altfest & Company.

You may look at your portfolio today and think you have plenty of money to start giving out gifts to your children in tax-free amounts generally up to $12,000 per year if you are single and $24,000 per year if you are married. But your spending may change in retirement. For instance, while you are working, you may eat dinner every night at home and vacation twice a year. However, you may want to eat out three times a week and travel four times a year when you retire because you have unlimited time to try new restaurants and go on trips to exotic locales.

It's generally best to give small gifts to your children now and let them wait until inheritance time to get more money, which may or may not require them to pay income tax. This is because there is more than one type of IRA or individual retirement account.

All your IRAs can house your buckets of investments set aside for long-term retirement savings.

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