Quad Cities Wealth Management
True Financial Partners
Retirement is NOT for the faint of heart!
Most people do not realize how complicated planning for their retirement can be. During the retirement planning process, most individuals/couples will make four to six critical decisions. And, unfortunately, we only have one shot to get it right. Wrong decisions can lead to thousands of dollars left on the table. Did you know, the average couple in America receives $110,000 less (during their lifetimes) by not choosing the best Social Security option(s)? Every decision you make matters, and at True Financial Partners, we see the whole picture and have helped hundreds of people retire and STAY retired!
We understand the decisions retirees face, which can profoundly impact long-term financial stability. We pride ourselves on being able to effectively communicate complex financial topics in easy-to-understand terms, speaking to you in your language to ensure clarity and comfort throughout your retirement planning journey.
Our Process & Services
the TFP Process
The TFP Process is a collection of proprietary strategies designed to help you maximize the impact of your investments, achieve your financial planning goals, and minimize taxes.
Click the elements below to learn about these strategies.
You’re unique. So are your financial needs.
Our Wealth Management Services
Investment Management
The first step when developing an investment strategy is to evaluate your goals and objectives. Whether you’re looking to retire comfortably, achieve financial independence, leave a legacy for your loved ones, or whatever outcome you wish to achieve, a properly formulated investment plan should be centered around your needs.
Learn More
Income Planning
Retirement brings a whole new set of challenges to your financial situation, one of the biggest being the loss of employment income. Transitioning from the accumulation phase of your life into a spending and distribution phase brings on unique challenges that can threaten your nest egg. To us, income planning is the foundation for a strong retirement plan.
Learn More
Tax Planning
Taxes are often the greatest expense one will incur over a lifetime. Tax planning is often overlooked but can be a key ingredient when creating a financial plan.
When people hear tax planning, they typically think about the W2s, credits, exemptions, and 1099s for the previous year. These, however, are used for tax preparation purposes and are backward-looking. Tax planning, by contrast, is looking forward into the future and can have much more powerful effects on your retirement.
Learn More
Medicare Planning
Becoming Medicare eligible can bring on many intimidating questions:
- What does Medicare cover?
- What does it not cover?
- When can I enroll?
- Should I choose a Medicare Supplement or Medicare Advantage Plan?
At True Financial Partners, we utilize a process that leaves you prepared for these important, time-sensitive decisions.
Learn More
Social Security Strategies
When and how you collect your Social Security benefits will have lasting impacts on your retirement. Most are unaware there are over 100 different ways in which spouses can collect their benefits. There’s a good chance what worked for your neighbor probably isn’t the best solution for you.
Learn More
Estate & Legacy Planning
At True Financial Partners, we believe that estate and legacy planning is an integral part of a sound financial plan. A well-constructed estate plan will ensure you are protected while you are living and after you pass on.
While living, an estate plan can establish who will pay your bills and oversee your affairs if you are not physically or mentally capable. This is crucial, especially when considering major medical decisions that may need to be made.
Learn More
Insurance Planning
If the death of a spouse will have negative impacts financially, life insurance unquestionably needs to be considered. Not everyone needs life insurance, but everyone needs to know about life insurance and consider if it’s important for their plan.
As Seen In
Financial Resources
Download Our Complimentary Guide
Retirement And Inflation Guide
What To Know And How To Prepare
In 2023, we saw a continuation of market turbulence, loosening of labor markets, and lighter inflation due to economic tightening from the Federal Reserve. Compared to a couple of years ago, you may have noticed higher prices on the items you buy every week and may be wondering if we’ll continue to see high inflation. Nobody can predict the future, so if you’re nearing or in retirement, you should aim to protect yourself from the eroding effects of inflation.
