Build Your Financial Future in Clovis

Forge Your Financial Future Now

For Fortified Financial Safety Later

Build your financial future now with a Clovis Financial Advisor you can trust with timely and informed financial insight from our team of financial experts. Our goal is to take the complexity out of financial planning. We can help you analyze your current financial situation and build your financial path with your goals in mind. Our experts will also help you adjust your plan as your goals evolve and your financial capacity improves.

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From Retirement, Tax, and Wealth Accumulation and Management to Asset Protection—Soutas Can Do It All!

Why Is Retirement Planning Important?

Are you planning for retirement? As astonishing as it may sound, only 77% of American workers have a retirement fund. The remaining 33% struggle without a substantial retirement fund. While income and cash inflows slow down after retirement, spending does not. So it’s vital to find ways to ensure significant savings and steady income to support our needs. Soutas Financial & Insurance Solutions helps Clovis residents plan a retirement income strategy that is beneficial for them and their dreams. Let’s plan for a retirement that gives you ample financial strength to take care of your needs, health care, goals, and dreams.

What Is The Ideal Retirement Savings?

Although 77% of Americans have retirement savings, it is not sufficient, as per a government report. The report revealed that Americans aged 55 to 64 only had about $107,000 in retirement savings, which would only provide a payment of $310 per month, which is inadequate for typical retirement expenses.

If you’re wondering about the ideal retirement savings, we have an answer for you. To be frank, there is no one-size-fits-all answer to this question, as it depends on individual needs and goals. However, experts suggest that retirement savings between $500,000 and $1 million would be sufficient. Although this amount may seem like a lot, it is achievable through compounded investment.

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When Is the Ideal Time to Start Retirement Planning?

Early retirement planning is the best way to get started. The earlier you begin, the more money you will save. According to Edward Jones, investing $550 per month when you’re 30 and assuming a 7% annual return can grow your retirement portfolio to around $990,000 by age 65. Investing the same amount at 35 and 45 can result in total savings of $670,000 and $445,000, respectively. In America, median-age workers start retirement savings at 27. It’s certainly a good time to start. See how you can get started on the best foot for your retirement planning.

Different Retirement Planning Options

Learn about the different retirement options before you start planning. 

Wealth: It Needs to be Accumulated Before it Can be Managed

Wealth accumulation strategies typically include investing in various assets such as stocks, bonds, and real estate, managing debt, and creating a budget. Wealth accumulation strategies are important to have because they provide a roadmap to achieving long-term financial goals, such as retirement planning and creating generational wealth. By having a well-planned strategy, individuals can take advantage of market opportunities, minimize risks, and create a more secure financial future. Dale Soutas of Soutas Financial & Insurance Solutions can help you develop strategies to get your wealth accumulated, while also managing it once you’ve created the nest egg you want.

You Work Hard to Earn Money

We Work Hard to Keep It in Your Pocket

Earning, savings, and investing are not enough to build a solid financial foundation. It would be best if you had a smart tax strategy to keep your money in your pocket. At Soutas Financial & Insurance Solutions, we take a 360-degree view of your overall assets and income to plan your tax strategy. Our tax strategy includes investment, among other things. Fortify your savings or investment with a competent tax strategy. See how we can help you be tax-smart with your income.

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The commentary on this website reflects the personal opinions, viewpoints, and analyses of the author, Soutas Financial, and should not be regarded as a description of advisory services provided by Foundations Investment Advisors, LLC (“Foundations”), or performance returns of Foundations client. The views reflected in the commentary are subject to change at anytime without notice. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security, or any security. Foundations manages its clients’ accounts using a variety of investment techniques and strategies, which are not necessarily discussed in the commentary. Foundations deems reliable any statistical data or information obtained from or prepared by third party sources that is included in any commentary, but in no way guarantees its accuracy or completeness.