Financial Planning
Where will you be at retirement?
According to a Department of Health and Human Services study of 100 people, age 25, starting their careers and each one expecting to be successful by the time they retire, the following situations exist at age 65:
- 25 will have died
- 22 will have annual incomes of less than $7,000
- 49 will have annual incomes between $7,000 – $40,000
- 4 will have annual incomes greater than $40,000
The majority of people don’t spend time on their financial plan when they should. They don’t have an idea of what they will actually need when they retire and find themselves struggling when they do retire.
Rick Pankowski helps his clients look at all of their financials, personal and professional to create a long term plan that will give them the lifestyle they want in retirement. Rick’s expertise and overall nature means that he doesn’t recommend anything that is very volatile or risky.
With Rick’s guidance, the consultants at Hampton Tax Group start with analysis then develop a plan that matches client expectations with realistic goals based on initial analysis that will get them where they want to be in the desired time frame. More often than not, setting up a successful financial plan is directly tied to tax planning. When we can lower tax liability the savings can be earmarked using our financial planning process instead of being spent recklessly.
We have been most successful with our financial planning process when combined with our tax planning and preparation services.
-
Dr. Jeffrey Cottingame – Durant, OK
Hampton Tax Group has the business expertise needed to get your finances in order immediately. Their CFO program is a no nonsense practical approach to running a successful practice by customizing a plan that targets your tax liability and increases profitability.
-
Dr. Rick Wren – Sherman, TX
I had been using an accountant for my taxes for years. I assumed he knew how to save me the most money. I realized I was very wrong after the professionals at Hampton Tax Group saved me $6000 on my taxes this year and found an additional $2000 in missed deductions on my previous year’s taxes. -
Dr. Terry and Penny Peterson – Mesa, AZ
It is with great humility that we recommend the services of Hampton Tax Group. Throughout our 30 years in practice our tax liability seemed to increase along with our income. We felt obliged to share it with the government – literally intimidated into thinking that we owed increased tax proportionate to our increased income. Running scared, we paid the tax. Net results – we were safe but tax poor. Not anymore. Now we are in the hands of real financial experts; people who truly understand our practice and how hard we work. They are guiding us with the utmost integrity for our financial future. If we had worked with Hampton Tax Group back then, we’d be retired by now.
-
Dr. Curtis Herwig – Streator, ILI have been a client of Hampton Tax Group for several years and have found success with their program from the beginning. Their consultants are very knowledgeable, trustworthy and caring. They are my business and financial consultants as well as my accountants. I wouldn’t practice without them on my team. They are the CFO’s of my corporation.
