What are some popular services for retirement planning?

Retirement planning services offered by a retirement planner in St. Clair Shores, MI can be comprehensive and tailored to individual needs. The planner can provide guidance on investment strategies, tax planning, and estate planning, among other things. They can also help clients navigate the complex world of social security and Medicare. St. Clair Shores, MI is a unique community with a large population of retirees. The planner can take into account the specific needs and concerns of this demographic, such as the cost of healthcare and the availability of recreational activities. With their expertise and knowledge of the local area, the retirement planner can provide invaluable assistance in preparing for a comfortable and secure retirement.

What are people saying about retirement planning services in St. Clair Shores, MI?

St. Clair Shores, MI is the ultimate destination for those seeking the best retirement planner. What sets this city apart is its thriving community of financial advisors who are well-versed in the intricacies of retirement planning. With their extensive knowledge and expertise, they can guide you through the maze of investment options and help you make informed decisions that will secure your financial future. Moreover, St. Clair Shores is known for its vibrant culture and stunning waterfront views, making it an ideal place to enjoy your golden years. Whether you're looking to invest in stocks, bonds, or real estate, the retirement planners in St. Clair Shores have the skills and experience to help you achieve your goals. With their guidance, you can rest assured that your retirement will be a time of comfort and financial security.

What does a retirement planner do?

A retirement planner in St. Clair Shores, MI is responsible for helping clients plan their retirement by analyzing their current financial situation, setting goals, and creating a personalized plan to achieve those goals. St. Clair Shores, MI is a unique location, with its proximity to Lake St. Clair and the Detroit River, making it a popular destination for boating enthusiasts. This means that retirement planners in St. Clair Shores must take into account the potential costs of owning and maintaining a boat in retirement, as well as the potential income from selling a boat or renting it out. Additionally, St. Clair Shores has a diverse population, with retirees from a variety of backgrounds and professions. This means that retirement planners must be able to tailor their services to meet the unique needs and goals of each client, whether they are looking to travel, start a new business, or simply enjoy their golden years in comfort and security.

When should you get a retirement planner?

St. Clair Shores, MI residents should consider reaching out to a retirement planner when they enter their 50s or early 60s and are starting to think about their retirement plans. With the city's proximity to Lake St. Clair and its abundance of parks and recreational activities, residents may have unique retirement goals that require careful planning. A retirement planner can help residents navigate the complex world of retirement planning, including investment strategies, Social Security benefits, and long-term care options. Additionally, St. Clair Shores, MI residents may have specific concerns about the cost of living and healthcare in the area, which a retirement planner can help address. Whether residents are planning to stay in the area or move elsewhere, a retirement planner can provide valuable guidance and support to help them achieve their retirement goals.

How do I choose the right retirement planner?

A retirement planner in St. Clair Shores, MI should possess a variety of important qualities to effectively serve their clients. Firstly, they must have a deep understanding of the local market and economic conditions in St. Clair Shores. With its proximity to Lake St. Clair and the Great Lakes, the area is a hub for boating and fishing, which can impact the financial priorities of retirees. Additionally, the planner must be highly organized and detail-oriented, as retirement planning involves complex calculations, projections, and legal documents. They should also possess excellent communication skills to effectively explain financial concepts to clients and help them make informed decisions. Above all, a successful retirement planner in St. Clair Shores must be empathetic and client-focused, taking the time to understand each client's unique financial situation and goals to develop a personalized retirement plan that meets their needs.

What are the best retirement plan providers in St. Clair Shores, MI?

St. Clair Shores, MI is a vibrant city that offers its residents a plethora of retirement plan providers to choose from. Among the top providers in the area are Fidelity Investments, Vanguard, and Charles Schwab. These companies have established themselves as leaders in the industry by offering a wide range of investment options, competitive fees, and exceptional customer service. What sets St. Clair Shores apart from other cities is its proximity to the beautiful Lake St. Clair. This natural wonder provides retirees with the opportunity to enjoy water activities such as boating, fishing, and swimming, making it an ideal retirement destination. With the help of these top retirement plan providers, retirees can rest assured that their future is in good hands while enjoying all that St. Clair Shores has to offer.

How do retirement planners get paid?

Retirement planners in St. Clair Shores, MI are compensated in a variety of ways. Some advisors charge a fee for their services, while others earn commissions on the products they sell. Additionally, some planners may receive a combination of both fee and commission-based compensation. One specific aspect of St. Clair Shores, MI that impacts retirement planning is the city's high population of retirees. With nearly 20% of the population over the age of 65, retirement planning is a crucial aspect of financial planning for many residents. This demographic trend has led to a highly competitive market for retirement planners in the area, with many advisors offering specialized services to meet the unique needs of retirees in St. Clair Shores.

Find the Best Retirement Planning Services in St. Clair Shores, MI

Get Help with Planning for Retirement

List of Firms

Top Retirement Planners in St. Clair Shores, MI

Joseph N Trocchio & Co

27735 Jefferson Ave, St Clair Shores, MI 48081, USA

(586) 777-9525

http://www.josephtrocchio.com/

Directions

GHD Financial Advisory Services

21420 Greater Mack Ave, St Clair Shores, MI 48080, USA

(586) 771-2000

https://www.cohencpa.com/

Directions

Financial Advisor | Shane Brown, MsF, AAMS®

38610 Jefferson Ave Suite 100, Harrison Twp, MI 48045, USA

(586) 913-1900

http://www.raymondjames.com/ShaneBrown

Directions

Lakeshore Financial Planning

SEC File# 801-114302

CRD# 299129

5 out of 5

23201 Jefferson Ave, St Clair Shores, MI 48080, USA

Directions

Lappin Investment Services

5 out of 5

22827 E 9 Mile Rd # 7, St Clair Shores, MI 48080, USA

(313) 969-6973

https://lappin-investment-services.business.site/

Directions

American House Lakeshore

5 out of 5

28801 Jefferson Ave, St Clair Shores, MI 48081, USA

(586) 439-3122

https://www.americanhouse.com/lakeshore?utm_source=Google&utm_medium=Organic&utm_campaign=gmb-listing

Directions

Retirement Planning in St. Clair Shores, MI

About St. Clair Shores, MI for Those Planning to Retire

St. Clair Shores, MI is a vibrant city located in Macomb County, Michigan. This beautiful city is home to many landmarks, including the majestic Lake St. Clair, which provides breathtaking views and endless recreational opportunities. Other notable landmarks include the Veterans Memorial Park, which honors the brave men and women who have served our country, and the St. Clair Shores Public Library, which provides a wealth of knowledge and resources to the community. Top employers in St. Clair Shores include the St. John Providence Health System, which provides world-class healthcare to the community, and the Lakeview Public Schools, which offers top-notch education to students of all ages. Other major employers include the City of St. Clair Shores, which provides essential services to residents, and the Nino Salvaggio International Marketplace, which offers a wide variety of fresh and exotic foods. Major highways and streets in St.

Nearby Locations

Allegan County, MI Ann Arbor, MI Auburn Hills, MI Bay City, MI Bay County, MI Berrien County, MI Bingham Farms, MI Birmingham, MI

Other Financial Planning Services for Retirement

Banks and Credit Unions

Residents of St. Clair Shores, MI can benefit from a bank in several ways. For instance, a bank can provide financial assistance to residents who want to start or grow their businesses in the area. St. Clair Shores, MI is a city that is home to many small and medium-sized enterprises, and these businesses require access to capital to thrive. Additionally, a bank can offer residents various financial products and services such as checking and savings accounts, loans, credit cards, and investment options. By providing these services, a bank can help residents manage their finances better and achieve their financial goals. Furthermore, banks can contribute to the economic development of the city by investing in local projects and supporting community initiatives. In summary, a bank can be a valuable partner for residents of St. Clair Shores, MI, providing them with financial resources, products, and services that can help them achieve their dreams and contribute to the growth of the city.

Insurance Broker

Residents of St. Clair Shores, MI could greatly benefit from the services of an insurance broker. St. Clair Shores is a beautiful city located on the shores of Lake St. Clair, and as such, residents may be exposed to unique risks associated with living near the water. An insurance broker can help residents navigate the complexities of insuring their homes and possessions against water damage, flooding, and other risks associated with living in a coastal community. Additionally, St. Clair Shores is home to many small businesses, and an insurance broker can assist these entrepreneurs in finding the right coverage to protect their investments and assets. By working with an insurance broker, residents of St. Clair Shores can rest easy knowing that they have the right coverage for their unique needs and circumstances.

Wealth Management

Residents of St. Clair Shores, MI can greatly benefit from the services of a wealth manager. With the city's close proximity to Lake St. Clair and its abundance of waterfront properties, a wealth manager can provide guidance on how to best invest in these assets. Additionally, St. Clair Shores is home to many small businesses and entrepreneurs, who may need assistance in managing their finances and planning for the future. A wealth manager can provide these individuals with a comprehensive financial plan, including retirement planning and estate planning. Furthermore, with the city's aging population, a wealth manager can assist in managing the complexities of healthcare costs and long-term care planning. Overall, a wealth manager can provide invaluable guidance and support to the residents of St. Clair Shores, MI in navigating their financial futures.

Financial Advisor

Residents of St. Clair Shores, MI could greatly benefit from the guidance of a financial advisor. With its close proximity to Lake St. Clair, many residents in the area enjoy boating and water activities, which can come with a hefty price tag. A financial advisor could assist in creating a budget that allows for these recreational activities while also ensuring long-term financial stability. Additionally, St. Clair Shores has a diverse population, including many retirees. A financial advisor could provide tailored advice on retirement planning, such as maximizing social security benefits and creating a sustainable income stream. Furthermore, with the recent economic downturn caused by the COVID-19 pandemic, many residents may be struggling financially. A financial advisor could offer support in navigating government assistance programs and developing a plan to recover from any financial setbacks. Overall, a financial advisor could provide invaluable assistance to the residents of St. Clair Shores, MI in achieving their financial goals and securing their financial future.

Mortgage Loan Officer

Residents of St. Clair Shores, MI can benefit from the expertise of a mortgage loan officer in a multitude of ways. For instance, the officer can provide guidance on the best mortgage options available to residents in the area, taking into account the unique characteristics of the local real estate market. Furthermore, the loan officer can assist residents in navigating the complex process of securing a mortgage, which can be particularly challenging in a city like St. Clair Shores, where the real estate market is highly competitive. Additionally, the loan officer can help residents understand the various fees and expenses associated with obtaining a mortgage, such as closing costs and property taxes, and work with them to find ways to minimize these costs. Overall, the expertise of a mortgage loan officer can be invaluable to residents of St. Clair Shores, MI, helping them to achieve their dreams of homeownership while also saving them time, money, and stress in the process.

Tax Services

Residents of St. Clair Shores, MI would greatly benefit from the expertise of a tax advisor in several ways. Firstly, a tax advisor can assist in navigating the complex tax laws and regulations specific to Michigan, such as the state's unique tax credits and deductions. Additionally, St. Clair Shores residents may have specific tax considerations due to the city's location on Lake St. Clair, such as potential deductions for boating expenses or property taxes. A tax advisor can also provide guidance on tax planning strategies, such as maximizing retirement contributions or charitable giving, to help residents minimize their tax liabilities. With the help of a tax advisor, St. Clair Shores residents can feel confident in their tax planning and compliance, allowing them to focus on enjoying all that this vibrant lakeside community has to offer.

Estate Planning Lawyer

Residents of St. Clair Shores, MI can benefit from the expertise of an estate planning lawyer in a multitude of ways. One of the most common ways that an estate planning lawyer can help is by ensuring that their client's assets are protected and distributed according to their wishes after they pass away. This is especially important in a town like St. Clair Shores, which is known for its high concentration of retirees and senior citizens. An estate planning lawyer can help these individuals navigate the complexities of wills, trusts, and other legal documents to ensure that their assets are distributed fairly and efficiently. Additionally, an estate planning lawyer can help residents of St. Clair Shores plan for the possibility of incapacity or disability, which is becoming increasingly common as the population ages. By working with an estate planning lawyer, residents of St. Clair Shores can ensure that they are prepared for whatever the future may hold, no matter how uncertain it may seem.

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