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Retirement. Reassured.

Phone » 760.752.7848

Services

For over 30 years, Michael Hood has specialized in helping clients with the common retirement concerns and issues individuals and families face. He understands the many challenges of retirement today. Often, the biggest concerns fall into three categories:

1. Lifestyle (increasing income, reducing taxes, and not outliving assets or income)
2. Legacy (leaving as much as possible to survivor and heirs upon one’s death)
3. Long-Term Care (protecting assets from illness requiring long-term care)

With these concerns in mind, Michael focuses on asset management and comprehensive retirement strategies, as well as other issues that are critical to clients’ financial well-being. Whether clients are looking to improve their retirement readiness, reduce taxes, increase their income, leave a legacy, or protect their estate from the uncertain issues of aging, he can help.

Michael offers a wide array of services that fall within these main categories:

Lifestyle

As individuals and families approach and enter retirement, many must reevaluate their current lifestyle and adjust as needed to ensure they don’t outlive their assets or income. In order to do so, they must determine possible income sources, including investments. Rather than take risks with their assets in an attempt to build them, they are more concerned with preserving them. As clients prepare for retirement, Michael seeks to help them with the following:

  • Lifetime guaranteed income planning
  • Tax-free retirement planning
  • Asset management
  • Annuity policy analysis
  • Income tax reduction strategies
  • “Stretch IRA” alternatives

Legacy

Many individuals and families don’t just want to make their assets last for their lifetimes; they want to leave a legacy for their heirs. However, the financial side of estate planning is often overlooked and can have the most dramatic impact on one's family. In order to leave as much as possible (and, as a result, reduce taxes as much as possible), it’s critical to have an estate plan in place. Michael can assist clients with the following:

  • Estate planning strategies
  • Estate tax analysis
  • Survivor’s income analysis
  • “Legacy trust” versus living trust analysis
  • Living trust funding review
  • Complete beneficiary review

Long-Term Care

As individuals age, the need for insurance may increase. Products like life and long-term care insurance are two ways individuals can protect their their family and assets. With so many available programs and plans, it can be difficult to determine an appropriate solution. Michael can help clients with:

  • Life insurance policy audit
  • Long-term care planning alternatives

Hood Financial has a passion for excellence, offers impeccable service, and places great emphasis on accountability. For more information about the firm and the services Michael offers, contact the office via phone or email.