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!
How Financial Advisors Are Compensated
Read this overview to learn how financial advisors are compensated.
9 Facts About Retirement
Regardless of how you approach retirement, there are some things about it that might surprise you.
Six Most Overlooked Tax Deductions
Six overlooked tax deductions to help manage your tax bill.
In the event of an unforeseen accident or illness, disability insurance may be a good way to protect your income and savings.
Five strategies for managing your student debt.
A company's profits can be reinvested or paid out to the company’s shareholders as “dividends."
Five creative (and inexpensive) ideas for motivating your employees.
If you have a traditional IRA, you may have the opportunity to extend its tax-deferred status across multiple generations.
Here's one strategy that combines two different annuities to generate income and rebuild principal.
This calculator will help determine whether you should invest funds or pay down debt.
Estimate the maximum contribution amount for a Self-Employed 401(k), SIMPLE IRA, or SEP.
Estimate how much you have the potential to earn during your working years.
This calculator estimates the savings from paying a mortgage bi-weekly instead of monthly.
Use this calculator to compare the future value of investments with different tax consequences.
Help determine the required minimum distribution from an IRA or other qualified retirement plan.
There are some key concepts to understand when investing for retirement
Learn more about taxes, tax-favored investing, and tax strategies.
Using smart management to get more of what you want and free up assets to invest.
The chances of needing long-term care, its cost, and strategies for covering that cost.
The importance of life insurance, how it works, and how much coverage you need.
There are some smart strategies that may help you pursue your investment objectives
Can successful investors predict changes in the markets? Some can but others miss the market’s signals.
Taking your Social Security benefits at the right time may help maximize your benefit.
When do you need a will? The answer is easy: Right Now.
A bucket plan can help you be better prepared for a comfortable retirement.
The average retirement lasts for 18 years. Are you prepared to fill that many days?
Do you know these three personal finance sayings?