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!
Caring for Aging Parents
As our nation ages, many Americans are turning their attention to caring for aging parents.
Can Group, Private Disability Policies Work Together?
Loss of income from disability has the potential to cause financial hardship. Disability insurance can help.
Social Security: The Elephant in the Room
Some people wonder if Social Security will remain financially sound enough to pay the benefits they are owed.
Emotional biases can adversely impact financial decision making. Here’s a few to be mindful of.
When to start? Should I continue to work? How can I maximize my benefit?
Purchasing homeowners insurance is critical for protecting your home.
Preparing for the eventual distribution of your assets may not sound enticing. But a will puts the power in your hands.
Do your insurance needs stay the same when the nest empties?
Understanding how capital gains are taxed may help you refine your investment strategies.
This calculator helps determine your pre-tax and after-tax dividend yield on a particular stock.
This calculator helps estimate your federal estate tax liability.
This calculator will help determine whether you should invest funds or pay down debt.
This calculator compares employee contributions to a Roth 401(k) and a traditional 401(k).
This calculator shows how inflation over the years has impacted purchasing power.
Estimate how many months it may take to recover the out-of-pocket costs when buying a more efficient vehicle.
A presentation about managing money: using it, saving it, and even getting credit.
The importance of life insurance, how it works, and how much coverage you need.
Principles that can help create a portfolio designed to pursue investment goals.
Learn more about taxes, tax-favored investing, and tax strategies.
A number of questions and concerns need to be addressed to help you better prepare for retirement living.
There are some key concepts to understand when investing for retirement
In the world of finance, the effects of the "confidence gap" can be especially apparent.
There’s an alarming difference between perception and reality for current and future retirees.
If your family relies on your income, it’s critical to know what their needs would be in the event of your death.
What does your home really cost?
Though we don’t like to think about it, all of us will make an exit sometime. Are you prepared?
Smart investors take the time to separate emotion from fact.