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SERVICES

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Personalized Retirement Plans and Strategies That Meet Your Needs

When you engage in the financial and retirement planning process at Brookstone Financial, you are gaining access to your primary planner as well as a network of third-party professionals with whom we have working relationships – including, CPA’s, attorneys, business consultants and dedicated lenders for our leveraged planning clients, to ensure that you receive the best possible guidance.

We Offer Our Proficiency In

  • Asset Protection

  • Estate Distribution Planning

  • Investments and Asset Allocation

  • IRA Distribution

  • Retirement Income Planning

  • Retirement Planning

  • Risk Management Analysis

  • Social Security Claiming

  • Tax Planning

  • Wealth Preservation

  • Life/Health Care Planning

We Offer Our Proficiency In

  • IRA Distribution Strategies

  • Minimizing or Avoiding Taxes on Social Security Income

  • Avoiding (Not Merely Postponing) Capital Gains Taxes on Highly Appreciated Assets

  • Roth vs. Regular IRA Contributions

  • Alternatives to the Roth Option

  • Stretch IRAs Vs. Retirement Trusts

  • Transferring Assets From a Taxable Environment to an Environment That Generates Non-Taxable Retirement Income and May Pass Income and Estate Tax Free to Your Heirs

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How Do You Create Tax-Free Retirement Income with no market risk?

Just say " NO" to an IRA, 403(b), 457, 401k or Roth!

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These defined contribution plans are full of market risk, high fees, and worst of all -- your income is taxable!  However,  A properly structured 7702 (a) private plan allows you to accumulate money tax -free, withdraw money tax- free, and  transfer money to heirs tax -free. In addition, this plan allows you to participate in market like returns, with no downside market risk.  That's right, you can only make money but never lose money!   Properly structured, this type of retirement plan can produce 300% more income in retirement!  Think about it...if you can lower and level out your fees, remove market risk AND eliminate taxes in retirement, wouldn't you be much better off?  Of course!  These benefits are achieved through a fully IRS approved, max-funded Indexed Universal Life Insurance policy (IUL).

 

A properly structured policy, in accordance with specific IRS guidelines, (7702 (a), is critical to maximizing the desired tax-free benefits.  An improperly structured policy can cause slower accumulation of money and the loss of some of the tax benefits.  ​Choosing the appropriate plan for each individual is also critical to the process. There are only a handful of carriers that offer IUL’s. They are broadly structured along similar guidelines, but they all have different nuances.

Leveraged Planning

For the high net-worth business owner or medical professional , this type of planning might be appropriate.  Leveraged Planning provides many unique benefits: 

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  1. Large up-front tax deductions (subject to your CPA's approval)

  2. No contribution limits-the ability to contribute much larger amounts, much faster in a non-qualified plan that can produce a staggering amount of retirement income that grows tax deferred with NO market risk TAX FREE retirement income

Knowing the ins and outs of each plan and how they will impact the financial profile of the individual is key to building a successful retirement program. Michael Tompkins has the specialty IUL training, years of experience, and access to the most advanced financial calculators necessary to build the right plan, the right way, for you. He will educate you on the details you need to know about your plan. Michael will be there for you now and in the future.

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