Retirement Planning in Salem, MA

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List of Firms

Top Retirement Planners in Salem, MA

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Finer Financial & Tax, Inc. - Tax Preparation and Tax Planning
5 out of 5
Location 530 Loring Ave #302, Salem, MA 01970, USA
Phone (978) 744-8228
Language http://www.finertaxes.com/
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Safe Harbor Retirement Planning
Location 152 The, Lynnway, Lynn, MA 01902, USA
Phone (781) 599-2660
Language http://55retire.com/
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Jim Clouser - Thrivent
Location 17 Chanelle Cir, Salem, MA 01970, USA
Phone (781) 577-2181
Language https://connect.thrivent.com/jim-clouser?utm_source=GMB&utm_medium=Yext&y_source=1_MTU4NzcwOTAtNzE1LWxvY2F0aW9uLndlYnNpdGU%3D
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Michael Reiter
Location 88b Lafayette St, Salem, MA 01970, USA
Phone (978) 744-0514
Language http://www.coastalwealthpartners.com/
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Finer Wealth Management, Inc.
SEC File# 801-121773
CRD# 129987
5 out of 5
Location 530 Loring Ave #302, Salem, MA 01970, USA
Phone (978) 740-1011
Language http://www.finer.com/
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Bruce A Ehrlich - Financial Advisor, Ameriprise Financial Services, LLC
SEC File# 801-28543
CRD# 6363
Location 530 Loring Ave STE 103, Salem, MA 01970, USA
Phone (978) 745-0600
Language https://www.ameripriseadvisors.com/bruce.a.ehrlich/?cid=IP_local_google
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Richard L Anderson Financial
Location 192 Essex St, Salem, MA 01970, USA
Phone (978) 741-3900
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Merrill Lynch
Location 21 Paradise Rd, Salem, MA 01970, USA
Phone (978) 542-1012
Language https://locations.merrilledge.com/ma/salem/financial-advisor-salem-ma-14565.html
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Ryan & Coscia PC
5 out of 5
Location 256 Essex St, Salem, MA 01970, USA
Phone (978) 744-1760
Language http://www.ryancoscia.com/
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Edward Jones - Financial Advisor: Dan Brothers, AAMS®|CRPC®
SEC File# 801-3297
CRD# 250
Location 320 Derby St, Salem, MA 01970, USA
Phone (978) 744-2102
Language https://www.edwardjones.com/us-en/financial-advisor/dan-brothers
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Matthew Sachar - Raymond James
Location 530 Loring Ave, Salem, MA 01970, USA
Phone (978) 745-5005
Language http://www.falconfinancialcorp.com/
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Salem Five Financial
4 out of 5
Location 1 Salem Green #500, Salem, MA 01970, USA
Phone (800) 557-5004
Language https://www.salemfive.com/
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Hawthorne Financial Advisors, LLC
Location 13 Mystic Rd, Marblehead, MA 01945, USA
Phone (617) 648-6570
Language http://www.hawthornefa.com/
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Merrill Lynch Wealth Management Advisor Gregory Degraeve
Location 500 Cummings Center 1st Floor, Suite 1600, Beverly, MA 01915, USA
Phone (978) 921-6768
Language https://fa.ml.com/massachusetts/beverly/gregory-degraeve
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Libardoni Financial
Location 70 Washington St #103, Salem, MA 01970, USA
Phone (978) 745-3620
Language https://www.fwlfinancial.com/
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Dickinson Dennis
4 out of 5
Location 16 Front St, Salem, MA 01970, USA
Phone (978) 745-0011
Language http://www.dennisadickinson.com/
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Salem City Retirement Board
Location 20 Central St # 110, Salem, MA 01970, USA
Phone (978) 745-8983
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Edward Jones - Financial Advisor: Nicolle Balesteri
SEC File# 801-3297
CRD# 250
5 out of 5
Location 320 Derby St, Salem, MA 01970, USA
Phone (978) 744-2102
Language https://www.edwardjones.com/us-en/financial-advisor/nicolle-balesteri
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Freedman Financial
SEC File# 801-77448
CRD# 128666
Location 41 Cross St 2nd Floor, Peabody, MA 01960, USA
Phone (978) 531-8108
Language http://www.freedmanfinancial.com/
Time Monday: 9:00 AM – 4:30 PM Tuesday: 9:00 AM – 4:30 PM Wednesday: 9:00 AM – 4:30 PM Thursday: 9:00 AM – 4:30 PM Friday: 9:00 AM – 2:30 PM Saturday: Closed Sunday: Closed
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Apella Capital
SEC File# 801-79650
CRD# 171106
Location 51 Atlantic Ave, Marblehead, MA 01945, USA
Phone (781) 639-0036
Time Monday: 11:00 AM – 5:00 PM Tuesday: 9:00 AM – 5:00 PM Wednesday: 9:00 AM – 5:00 PM Thursday: 9:00 AM – 5:00 PM Friday: 9:00 AM – 5:00 PM Saturday: Closed Sunday: Closed
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Retirement Planning in Salem, MA

About Salem, MA for Those Planning to Retire

Salem, MA is a historic city located on the North Shore of Massachusetts. It is known for its rich history, witch trials, and maritime past. The city is home to several landmarks, including the Salem Witch Museum, the House of the Seven Gables, and the Salem Maritime National Historic Site. These attractions draw in tourists from all over the world. In terms of top employers, Salem is home to several large companies, including Salem State University, Salem Hospital, and the Peabody Essex Museum. These organizations provide jobs for thousands of people in the area. Major highways that run through Salem include Route 1A, Route 114, and Route 107. These roads provide easy access to other parts of Massachusetts and New England. Salem is also home to several unique neighborhoods, each with its own distinct personality. These include the historic Derby Street neighborhood, the vibrant downtown area, and the quiet residential streets of North Salem.

Other Financial Planning Services for Retirement

Banks and Credit Unions

Residents of Salem, MA can benefit from a bank in numerous ways. Firstly, banks can provide various financial services, such as savings accounts, checking accounts, and loans. This is particularly helpful for Salem residents who may need to borrow money for home improvements or to start a small business. Additionally, many banks offer credit cards with rewards programs, which can be especially beneficial for those who frequently shop at Salem's unique boutiques and local businesses. Furthermore, banks can provide financial education and resources to help residents manage their money more effectively. This is important in Salem, where the cost of living is higher than the national average, and many residents may need guidance on how to budget and save money. Overall, a bank can be an invaluable resource for the residents of Salem, MA, providing them with the tools and resources they need to achieve financial stability and success.

Insurance Broker

Residents of Salem, MA can benefit greatly from the services of an insurance broker. With the city's rich history and unique coastal location, there are many factors to consider when choosing insurance coverage. For example, an insurance broker can help residents find coverage that protects their homes from potential damage caused by coastal storms and flooding. Additionally, Salem is a popular tourist destination, which means that residents who work in the tourism industry may require specialized liability insurance. An insurance broker can provide guidance on the specific types of coverage needed to protect businesses in the tourism industry. Furthermore, Salem has a large population of retirees who may require assistance in finding affordable health insurance options. An insurance broker can help these residents navigate the complexities of Medicare and other health insurance options to ensure they have the coverage they need. Overall, an insurance broker can provide valuable assistance to residents of Salem, MA in navigating the complexities of insurance coverage in a unique coastal location with a diverse population.

Wealth Management

Residents of Salem, MA could benefit greatly from the services of a wealth manager. With the city's rich history and vibrant tourism industry, many residents may have unique financial needs and goals. For example, a wealth manager could help a small business owner in Salem navigate the complexities of tax laws and financial planning to ensure their business thrives. Additionally, with the city's high cost of living, a wealth manager could assist residents in creating a budget and investment plan to help them achieve their financial goals, such as saving for a down payment on a home or planning for retirement. Furthermore, with Salem's proximity to Boston and its thriving job market, a wealth manager could help residents make informed decisions about job offers and negotiating salaries to ensure they are being fairly compensated. Overall, a wealth manager could provide invaluable guidance and support to the residents of Salem, helping them achieve financial security and peace of mind.

Financial Advisor

Residents of Salem, MA can benefit greatly from the services of a financial advisor. One of the most common ways a financial advisor can help is by providing guidance on retirement planning. With the cost of living in Salem being higher than the national average, it is crucial for residents to have a solid plan in place for their retirement years. A financial advisor can assist with creating a retirement savings plan that takes into account the unique financial challenges faced by Salem residents, such as high housing costs and property taxes. Additionally, a financial advisor can provide advice on investment strategies that can help residents build their wealth and achieve their long-term financial goals. With the help of a skilled financial advisor, Salem residents can feel more confident about their financial future and enjoy greater peace of mind.

Mortgage Loan Officer

Residents of Salem, MA can benefit greatly from the services of a mortgage loan officer. With the city's rich history and diverse community, there are a variety of unique needs that must be taken into consideration when securing a mortgage. For example, many residents in Salem live in historic homes that require specialized financing options. A knowledgeable mortgage loan officer can help these homeowners navigate the process of obtaining a loan that meets their specific needs. Additionally, Salem's coastal location means that many residents may require flood insurance, which can also impact their mortgage options. A skilled loan officer can help residents understand the intricacies of flood insurance and how it can affect their mortgage payments. Overall, a mortgage loan officer can provide valuable guidance and support to Salem residents as they navigate the complex world of home financing.

Tax Services

Residents of Salem, MA can benefit greatly from the expertise of a tax advisor due to the unique tax laws and regulations that are specific to the state of Massachusetts. For example, Massachusetts has a flat income tax rate of 5.05% for all residents, regardless of income level. However, there are various deductions and credits available to residents that can significantly reduce their tax liability. A tax advisor can help residents navigate these deductions and credits, such as the Earned Income Tax Credit, the Child and Dependent Care Credit, and the Residential Energy Credit. Additionally, Salem has a thriving tourism industry, which can create complex tax situations for small business owners and self-employed individuals. A tax advisor can assist with navigating the tax implications of operating a business in Salem, including sales tax, occupancy tax, and business tax filings. Overall, a tax advisor can provide invaluable guidance and support to residents of Salem, MA in navigating the complex and ever-changing tax landscape.

Estate Planning Lawyer

Residents of Salem, MA can benefit from the services of an estate planning lawyer in several ways. Firstly, an estate planning lawyer can help residents create a comprehensive estate plan that outlines how their assets will be distributed after their death. This is especially important in Salem, MA, where many residents own historical homes and properties that have been passed down through generations. Secondly, an estate planning lawyer can help residents minimize their tax liability by creating a plan that takes advantage of all available tax exemptions and deductions. Additionally, an estate planning lawyer can help residents plan for potential incapacity by creating a power of attorney or healthcare proxy. Finally, an estate planning lawyer can assist with the probate process, ensuring that a deceased person's assets are distributed according to their wishes and in compliance with state laws. Overall, the services of an estate planning lawyer can provide Salem, MA residents with peace of mind knowing that their assets and loved ones are protected.

FREQUENTLY ASKED QUESTIONS

Retirement Income Planning FAQs

Retirement planning services offered by a retirement planner in Salem, MA can be a boon for those who want to ensure a financially secure future. These services can help individuals create a comprehensive plan that takes into account their current financial situation, expected expenses, and retirement goals. A retirement planner in Salem, MA can also provide advice on investment options, tax planning, and estate planning. With Salem's rich history and cultural heritage, a retirement planner in this city can also help clients plan for unique expenses, such as visits to the Salem Witch Museum or the Peabody Essex Museum. Additionally, Salem's coastal location can present specific challenges when it comes to retirement planning, such as the potential for flooding or damage from coastal storms. A retirement planner in Salem, MA can help clients navigate these potential pitfalls and create a plan that takes into account all of their unique needs and goals.

Salem, MA is the ideal place to get a retirement planner for several reasons. Firstly, the city is home to a plethora of experienced and knowledgeable financial advisors who specialize in retirement planning. These professionals have an in-depth understanding of the complexities of retirement planning and can provide tailored solutions to meet individual needs. Moreover, Salem, MA boasts a rich history and culture that offers a unique perspective on retirement planning. The city's rich maritime history, for instance, has taught its inhabitants the importance of planning for the future and weathering financial storms. Additionally, Salem, MA is home to a diverse and vibrant community that values financial stability and security. This community spirit fosters an environment of support and collaboration, making it easier for retirees to navigate the complex world of retirement planning. Overall, Salem, MA's blend of experienced professionals, rich history, and supportive community make it the best place to get a retirement planner.