Welcome to Algoma Financial Group LLC
Our main focus is to help our clients prepare themselves for retirement and avoid the pitfalls along the way. The art of financial advising allows us to gain knowledge about your individual situation in order to help you prepare for your future retirement. Whether you call it Financial Planning, being a Fee-Only Advisor, being a Financial Planner, or just needing someone to consult with, we do it all. We are the specialists you need in the Town of Algoma, Oshkosh, and the surrounding Fox Cities.
Do you have a 401K or IRA that needs looking at? We do 401K Rollovers and IRA Rollovers and we make it as simple as possible. Sometimes individuals move from job to job and leave their small or medium sized 401K in the dust. Those assets are still yours and we can help get them working for you and your retirement today!
Are you close to retirement? Don't worry, even if you haven't planned as much as you should have, we will use our knowledge and skill to help you through your retirement no matter what your situation looks like. We can help you with your income planning in retirement no matter what your means are. Sometimes the most important things are the decisions people make about assets that almost everyone receives. We can help you with Social Security analysis because when you start taking Social Security has many implications.
What about your health insurance needs as you approach retirement? What if your spouse is still in her low 60’s and not eligible for Medicare like yourself? Our specialty is helping your spouse bridge the gap until Medicare Eligibility whether they have a pre-existing condition or not. We can help you with decisions about Medicare and whether a Medicare Advantage or Medicare Supplement suits your needs better. We can also help you analyze which Prescription Drug Plan best suits you.
As we lead into the next generation Long Term Care Planning will become more of a necessity than it already is. Nobody likes to talk about the topic but it’s important that we have this conversation and cover that need.
Please come get to know my son and me so that we may build a relationship with you. Trust does not happen overnight but it builds with the first handshake. Let’s forget about the markets and financial business for a minute and just get to know each other. Give us a call or stop in today!
9 Facts About Retirement
Regardless of how you approach retirement, there are some things about it that might surprise you.
Emerging Market Opportunities
What are your options for investing in emerging markets?
A Look at Whole Life Insurance
Whole life insurance remains in force as long as you remain current with premiums. Here's how it works.
China owns a portion of the total outstanding debt of the U.S. Government. What does it mean?
Tax preparation may be the perfect time to give the household budget a check-up.
You taught them how to read and how to ride a bike, but have you taught your children how to manage money?
Preparing for college means setting goals, staying focused, and tackling a few key milestones along the way.
It's important to understand the pros and cons when considering a prepaid debit card.
Even low inflation rates over an extended period of time can impact your finances in retirement.
This calculator can help you estimate how much you may need to save for retirement.
This calculator demonstrates the power of compound interest.
Help determine the required minimum distribution from an IRA or other qualified retirement plan.
This calculator can help determine whether it makes sense to refinance your mortgage.
This calculator helps estimate your federal estate tax liability.
Estimate your monthly and annual income from various IRA types.
The importance of life insurance, how it works, and how much coverage you need.
Investment tools and strategies that can enable you to pursue your retirement goals.
There are some smart strategies that may help you pursue your investment objectives
A number of questions and concerns need to be addressed to help you better prepare for retirement living.
There are a number of ways to withdraw money from a qualified retirement plan.
A presentation about managing money: using it, saving it, and even getting credit.
Estate conservation is too important to put off. Do you have a smart exit strategy?
The decision whether to buy or rent a home may have long-term implications.
Learn how to harness the power of compound interest for your investments.
In life it often happens that the answers to our most pressing questions are right in our own backyards.
Why are 401(k) plans, annuities, and IRAs so popular?
There are hundreds of ETFs available. Should you invest in them?