Financial Services

Paying for your child’s education can seem like a daunting undertaking. College costs are on the rise and are expected to continue climbing. It's never too early to start saving for college. Saving early is one of the most important decisions parents can make. The sooner you start to save, the longer the money will have to grow. Knowing the best way to save for education can be challenging. Many options are available to you and our experienced Financial Advisor can help you put a college savings plan in place that works for you and your family.

Investing involves market risk, including possible loss of principal, and there is no guarantee that investment objectives will be achieved.

Establish a legacy for those most important to you. Whether your scenario calls for income generation, investment strategies or protection for your family and business, our comprehensive array of products and services can help you create a custom solution designed to meet your specific needs and goals.

Annuities
Make the most of your retirement income. Are you worried about outliving your income? That’s a risk that you may be able to do something about. When you invest in an annuity, you set the stage to receive income in the future.

Before investing, understand that annuities are not insured by the FDIC, NCUSIF or any other federal government agency, and are not deposits or obligations of, guaranteed by, or insured by the depository institution where offered or any of affiliates. Annuities that involve investment risk may lose value.

IRA
Take control of your retirement savings. Every generation is living longer, healthier lives, and you will probably spend more time in retirement than you previously thought. Your main source of retirement income will need to come from the money you have saved. As part of your overall investment strategy, an IRA has the potential to make a big impact on your future.

Federal income tax laws are complex and subject to change. Neither Nationwide nor its representatives give legal or tax advice. Please consult your attorney or tax advisor for answers to specific questions.

 

Mutual Funds
Mutual funds – can be a highly effective tool for savings and growing your assets. Achieve financial goals through a diverse set of investment options.

Any investment involves risk and there is no assurance that the investment objective of any fund will be achieved.

Life Insurance
Life insurance is the cornerstone to financial planning. Most people know that life insurance can provide their families with a death benefit if the unexpected should happen. But they may not know it may be used to meet a number of future planning needs – for both their families and themselves.

If something were to happen to you, life insurance may help your family:

As your personal situations change (i.e., marriage, birth of a child or job promotion), so will your life insurance needs. Care should be taken to ensure this product is suitable for your long-term life insurance needs. You should weigh any associated costs before making a purchase. Life insurance has fees and charges associated with it that include costs of insurance that vary with such characteristics of the insured as gender, health and age, and has additional charges for riders that customize a policy to fit your individual needs.

Did you know that your decision on when to file could increase your annual benefit by as much as 76%?¹ Impending retirement brings along a whole new set of decisions specifically concerning your financial future. One of the most critical decisions is filing for Social Security, which plays a vital role in your broader retirement income plan.

We call it the decision of a lifetime because without a doubt your decision will have an impact on the amount of discretionary income you have during retirement. As pensions and personal assets continue to be on the decline, it is important to understand the opportunities available to increase your Social Security income.

There are additional considerations to take into account when making your decision on filing for Social Security including taxation, working in retirement and government pensions.

Our trusted Financial Advisors can guide you through the filing decisions with the Social Security 360 Analyzer.² The tool will aid in identifying filing strategies unique to your situation.

_{DIsclaimer: It is provided for informational purposes only and should not be construed as investment, tax, or legal advice or a solicitation to buy or sell any specific securities product. You should work closely with your financial professional to develop a plan that incorporates your investment objectives, goals, risk tolerance and time horizons based on your specific situation. This report relies upon the accuracy of the data you provide and is an estimate of the social security benefit you may receive which will differ from the actual benefit amount you receive at the time of application with the Social Security Administration. The information provided is based on current laws which are subject to change at any time. This report has not been reviewed or endorsed by any government agency.}

You can get the process started with this client questionnaire.  

Visit Social Security Administration to find your full retirement age, estimate your benefits, and apply for or manage your retirement benefits.

¹ Nationwide Retirement Institute: Social Security: The choice of a lifetime NFM-12200AO.9 (01/18)
² (NFW-5157AO.1)

7 out of 10 people over age 65 are likely to need Long-Term Care coverage at some point in their lives _[1]. Health care costs can have a big impact on your retirement income and it is not uncommon to underestimate what these costs will be as you plan your retirement; the costs for long-term care can shatter even financially sound families.

Starting the conversation about long-term care may seem uncomfortable, but we can help you take the first step to get ready. Early planning can give you the freedom to have more choice, control and flexibility over the services and providers you will want later on for your care.

Our Health Care Cost Assessment tool can be personalized based on your current health situation as well as include your family medical history.

All guarantees and benefits of the insurance policy are backed by the claims-paying ability of the issuing insurance company. Policy guarantees and benefits are not backed by the broker/dealer and/or insurance agency selling the policy, nor by any of their affiliates, and none of them makes any representations or guarantees regarding the claims-paying ability of the issuing insurance company.

Approval for coverage under the policy and attached LTC riders is subject to underwriting and may require a medical exam.

_{[1] Medicare & You 2014, U.S. Department of Health and Human Services, September 2013.}