Retirement Planning Services in Frisco, TX
At Collins & Cate, we believe that retirement should be a time of joy, relaxation, and financial stability. That’s why our retirement planners are committed to helping individuals in Frisco, TX, and the surrounding areas navigate the complex world of retirement planning. Our mission is to provide you with the resources, guidance, and support necessary to create a secure financial future for your retirement years.
We understand that planning for retirement can feel overwhelming, which is why we offer tailored services to ensure that you can make informed decisions that align with your goals. Whether you’re just starting to plan or are already approaching retirement, we offer a range of services, including annuities, traditional and Roth IRAs, life insurance products, and 401(k) rollovers. Our team is dedicated to helping you build a strategy that provides financial security for the years ahead.
Retirement Planning
Retirement planning isn’t just about saving money—it’s about creating a comprehensive, well-rounded strategy that ensures you can maintain the lifestyle you desire once you’ve left the workforce. At Collins & Cate, we specialize in helping people in Frisco and beyond navigate the complexities of retirement planning by offering expert advice and practical solutions for managing your retirement income.
Annuities for a Secure Retirement
Annuities are one of the most reliable ways to secure a steady income during retirement, which is why we offer a variety of annuity products. Annuities provide you with guaranteed payments for a fixed period of time or for life, ensuring that you have a predictable income stream no matter how long you live.
At Collins & Cate, we offer different types of annuities to suit your needs, including fixed annuities, variable annuities, and immediate annuities. Fixed annuities offer stable, guaranteed payments with a fixed interest rate, while variable annuities allow you to invest in a range of investment options, offering the potential for higher returns (but also more risk). Immediate annuities are designed for those who are ready to retire and need to start receiving income right away.
We will work with you to understand your specific financial goals and retirement needs, helping you select the best annuity product to provide you with the financial security you deserve.
Traditional & Roth IRAs
Individual Retirement Accounts (IRAs) are essential for saving for retirement, and at Collins & Cate, we offer both traditional and Roth IRAs to meet the different needs of our clients. Both types of IRAs come with their own set of tax advantages and considerations, and our goal is to help you choose the one that will benefit you the most.
Traditional IRAs allow you to contribute pre-tax dollars, which means you get a tax deduction on your contributions in the year you make them. The funds in your traditional IRA grow tax-deferred, and you only pay taxes when you withdraw the funds in retirement. This is a great option for individuals who expect to be in a lower tax bracket during retirement.
Roth IRAs, on the other hand, allow you to contribute after-tax dollars. The benefit of a Roth IRA is that the funds grow tax-free, and qualified withdrawals are also tax-free in retirement. This makes Roth IRAs ideal for people who expect to be in a higher tax bracket in retirement or for those who want to maximize their tax-free income in retirement.
We’ll help you evaluate the best IRA option for your situation and retirement goals, ensuring that your savings grow efficiently and effectively.
Life Insurance for Added Security
Many individuals don’t realize that life insurance can be an important part of their retirement strategy. While life insurance primarily serves to protect your loved ones in the event of your passing, it can also provide benefits during retirement. Some life insurance policies come with a cash value component, which grows over time and can be used as a supplemental income source during your retirement.
At Collins & Cate, we work with clients to find life insurance policies that meet their needs and complement their retirement plans. Whether you’re interested in term life insurance to provide temporary coverage or permanent life insurance that builds cash value over time, we’ll help you find a policy that gives you peace of mind and financial security.
401(k) Rollovers
When you leave a job or retire, it’s important to determine what to do with your 401(k). A 401(k) rollover is a common strategy for moving your 401(k) savings into an IRA, which offers more flexibility and control over your investments. Rollovers can also potentially reduce fees and taxes, allowing your retirement savings to grow more efficiently.
At Collins & Cate, we specialize in assisting individuals with 401(k) rollovers. Whether you’re rolling over into a traditional IRA or a Roth IRA, we guide you through the process, helping you make informed decisions about your retirement savings. We’ll help you consolidate your retirement accounts, reduce fees, and ensure that your investments continue to align with your long-term goals.
Retirement Consultation
Retirement consultation is an essential part of building a successful retirement strategy. At Collins & Cate, we provide in-depth retirement consultations to help you understand your retirement options and create a personalized plan that suits your needs. Whether you’re just starting to plan or are already retired, our team is here to provide expert advice and support throughout your retirement journey.
Personalized Retirement Strategy
We believe that a successful retirement plan starts with a personalized approach. At Collins & Cate, we take the time to understand your current financial situation, retirement goals, and any concerns you may have about the future. We then work with you to design a retirement strategy that maximizes your income, minimizes taxes, and helps you achieve your desired lifestyle in retirement.
Whether you’re looking to secure steady income with annuities, maximize your IRA contributions, or find the right life insurance coverage, we will create a customized plan that aligns with your retirement objectives. Our goal is to give you the tools and guidance you need to make confident decisions and stay on track for a financially secure retirement.
Expert Guidance & Support
Retirement planning can feel overwhelming, especially with so many options and decisions to consider. At Collins & Cate, we provide expert guidance to help you navigate the various retirement products and strategies available to you. Our team is dedicated to helping you understand the pros and cons of each option, ensuring that you make informed decisions based on your unique situation.
We are committed to providing ongoing support, adjusting your plan as necessary to accommodate any changes in your life, finances, or the market. Whether you need help adjusting your retirement strategy as you get closer to retirement or want to ensure your plan is working as effectively as possible, we’re here to support you every step of the way.
Frequently Asked Questions
What types of retirement accounts do you offer?
How do annuities work in retirement planning?
What is a 401(k) rollover, and why is it important?
Should I choose a traditional IRA or a Roth IRA?
How do I know if I need life insurance for retirement?
At Collins & Cate, we are proud to serve Frisco, TX, and its surrounding areas. Please refer to the map below for our service area.
Ready to Start Planning?
If you’re ready to start planning for a secure and comfortable retirement, Collins & Cate is here to help. Our team offers expert retirement planning services designed to meet your unique needs and ensure that you achieve your retirement goals. Contact us today to schedule a consultation and take the first step toward a financially secure future. Let us help you plan for the retirement you deserve.
Have Questions About Our Services?
Request a Free Consultation
Retirement planning can be confusing, but with the help of Collins and Cate you can feel confident in your decision. Our retirement consultants will help map out a plan that fits your unique needs and lifestyle. Contact us today to get started!