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!
Charitable Giving: Smart from the Heart
Do you have causes that you want to support with donations? Here are three tips.
It May Be Time for a Financial Checkup
It’s never a bad time to speak with your financial advisor about changes in your situation.
Building Your Legacy
A four-step framework for building a personal legacy.
International funds invest in non-U.S. markets, while global funds may invest in U.S. stocks alongside non-U.S. stocks.
Are you a thrill seeker, or content to relax in the backyard? Use this flowchart to find out more about your risk tolerance.
A change in your mindset during retirement may drive changes to your portfolio.
Calculating your potential Social Security benefit is a three-step process.
Individuals have three basic choices with the 401(k) account they accrued at a previous employer.
Purchasing homeowners insurance is critical for protecting your home.
Use this calculator to estimate your capital gains tax.
Use this calculator to better see the potential impact of compound interest on an asset.
This calculator compares a hypothetical fixed annuity with an account where the interest is taxed each year.
This calculator compares employee contributions to a Roth 401(k) and a traditional 401(k).
Help determine the required minimum distribution from an IRA or other qualified retirement plan.
This calculator can help you estimate how much you should be saving for college.
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
There are a number of ways to withdraw money from a qualified retirement plan.
Learn more about taxes, tax-favored investing, and tax strategies.
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.
Pundits say a lot of things about the markets. Let's see if you can keep up.
In good times and bad, consistently saving a percentage of your income is a sound financial practice.
A portfolio created with your long-term objectives in mind is crucial as you pursue your dream retirement.
All about how missing the best market days (or the worst!) might affect your portfolio.
Millions faithfully file their 1040 forms each April. But some things about federal income taxes may surprise you.
Would you guess that Millennials are effectively saving for retirement? Well, they are.