Address: 106 Oil Center Dr., Suite 220, Lafayette, LA 70503 Phone: (337) 280-3611
Your Partner Throughout Every Chapter of Your Life
Maximizing Your Retirement Income
At Barry Levie Financial, we focus on helping our clients retire—and stay retired. We’ve helped hundreds of clients do just that. The benchmark for success in retirement is the ability to have enough income to last a lifetime. We look at your overall savings and compare it to your goals. We help put together a strategy to make your money stretch and fill the gaps, while keeping an eye on principal protection.
Retirement Income Planning
Retirement income planning encompasses taking a close look at all of your income streams in retirement and how they work together. This can include defined benefit pensions, retirement account savings, Social Security benefits, annuity payments, and any other income streams you may have. We can help you think through you’re your budget, identity the income gaps and risks, and devise strategies designed to help fill the gaps with guaranteed income you cannot outlive.
401(k) & 403(b) Rollovers
Have you left random retirement accounts behind when you’ve changed jobs over the years? If so, we can help you round up those stray accounts and make your money start working for you again. We can also help you determine allocations, contributions and even rollover old accounts into new accounts to help simplify and possibly save on taxes.
Annuities
Annuities are insurance products that, when used appropriately, can fill an important financial need in retirement. They usually offer a consistent income stream with the goal of providing financial stability and protection. When in retirement, this can be helpful when planning to make sure that baseline expenses are covered each month, while reducing risk exposure. If an additional consistent income stream is of interest to you, we can work together to see if an annuity is right for your situation.
IRA Planning
In addition to workplace savings plans, you may want to set up and contribute to your own IRA accounts. We can help explain the pros and cons of different IRA accounts, the tax implications, and how required minimum distributions work when you decide to draw down the funds in your account. As with most retirement savings vehicles, the earlier you start saving, the better.
How to Rock Your Old 401(k) & Avoid Surprise Tax Bills
As a taxpayer and saver, you’ve earned the right to see your savings grow in the most tax-efficient manner possible. Your biggest mistake? Doing nothing at all. Let’s write and rewrite until your retirement income is a perfect harmony, allowing you to rock on!