HOW WE CAN HELP

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HOW WE CAN HELP

When it comes to planning wealth management, it takes more than a can-do attitude to get it right. If you want a certain lifestyle by the time you retire, you need someone who understands your assets at a deeper level. If you live in Connecticut or Rhode Island, Tumolo Financial has the resources to get you where you want to be. Ken Tumolo has the skills, experience, and creativity to use every last dollar to your advantage. When you know how to make your money work for you, your portfolio can really begin to grow.

Securing your monthly income for retirement

How much do I need to retire? This common question can make anyone feel nervous about their future. When it comes to retirement income planning, Tumolo Financial explores a variety of ways to successfully leverage your income now so you can reap the benefits later. Whether it’s maximizing Social Security or finding new investment opportunities, we carefully weigh the costs of each strategy. We can show you ways to defer, minimize, or even eliminate taxes for your retirement, so you have plenty of disposable income during your later years.

As we make retirement planning decisions, we have a comforting rule of thumb to offer our clients:

1.  Allocate a certain amount of money per month for retirement.

2.  Take managed risks to grow your portfolio.

3.  Relax and enjoy the fruits of your labor during your retirement.

 

When it comes to planning wealth management, it takes more than a can-do attitude to get it right. If you want a certain lifestyle by the time you retire, you need someone who understands your assets at a deeper level. If you live in Connecticut or Rhode Island, Tumolo Financial has the resources to get you where you want to be. Ken Tumolo has the skills, experience, and creativity to use every last dollar to your advantage. When you know how to make your money work for you, your portfolio can really begin to grow.

Securing your monthly income for retirement

How much do I need to retire? This common question can make anyone feel nervous about their future. When it comes to retirement income planning, Tumolo Financial explores a variety of ways to successfully leverage your income now so you can reap the benefits later. Whether it’s maximizing Social Security or finding new investment opportunities, we carefully weigh the costs of each strategy. We can show you ways to defer, minimize, or even eliminate taxes for your retirement, so you have plenty of disposable income during your later years.

As we make retirement planning decisions, we have a comforting rule of thumb to offer our clients:

1.  Allocate a certain amount of money per month for retirement.

2.  Take managed risks to grow your portfolio.

3.  Relax and enjoy the fruits of your labor during your retirement.

 

What We Can Help You With

retirement income planning

Z

Tax Free Retirement

l

Social security optimization

Long-Term Care

Efficient Tax Planning

Wealth Management

retirement income planning

Z

Tax Free Retirement

l

Social security optimization

Long-Term Care

Efficient Tax Planning

Wealth Management

retirement income planning

How much do I need to retire? This common question depends on a wide variety of factors. However, if you’re hoping to spend somewhere between $40,000 and $50,000 a year, then you’ll need about a $1 million to make it happen. When it comes to retirement planning, it’s all too easy to become overwhelmed by the numbers. If you’re starting with just a few thousand dollars, it can be difficult to see how you’ll eventually reach your target (without the help of a significant windfall). However, no matter how much money you’re starting with, there are ways to accumulate enough so you can enjoy yourself after you’ve said goodbye to your job.

Once you have the right partner at your side, you can start making small changes to your retirement income planning that will add up to a much brighter future. In other words, your retirement age can be whatever you want to make it. If you’re searching for, “How to plan your retirement income?”, it can help to start with a financial advisor who can give you specific answers to the how much to retire question. Ken Tumolo at Tumolo Financial is here to help people in Connecticut and Rhode Island, plan ahead. He can help you cut the amount of taxes you pay on each investment, give your profit margins even more breathing room, and narrow down which accounts will be the most beneficial in the long run.

Social Security Optimization

If you’re wondering, “How much does Social Security pay?”, you should know that there are multiple factors that go into the total. If you live in Connecticut or Rhode Island, a Social Security estimator will take into account your work history, investments, and age. To maximize Social Security benefits, you need to know when to apply for Social Security and how to analyze your statement. If you want to prepare for your retirement with the help of Social Security income, a financial advisor like Ken Tumolo can help you configure a financial plan. There are a few things you can do to give yourself an advantage, but it may mean taking a detailed look at your portfolio and investment goals.

“How much can I earn on Social Security?” You’ve likely heard people telling you not to rely on the average Social Security benefit for your retirement. The amount you receive is not necessarily meant to carry you through each and every year you won’t be working. But the answer to how much “How much Social Security will I get?” isn’t necessarily an inflexible equation. The answer may even get you far more than you think. When you call Ken Tumolo at Tumolo Financial, you have a way to learn more about what you can expect from your Social Security payments. If you want to get more from your Social Security benefits statement, we can help you put your finances back in order.

Efficient Tax Planning

When it comes to paying your taxes, it’s easier to overpay than most people think. Every year, residents in Connecticut and Rhode Island, give up more than they need to because they don’t realize how many opportunities they have to save. Efficient tax planning is not about leaving the U.S. government empty-handed, it’s about paying only what you’re required to pay. Whether you cringe every time you file or you just want to explore your options, you’ll need the help of a good financial advisor. Luckily, it’s worth the time and effort to adjust your portfolio in order to maximize its benefits. You can make the most of deferment legislation when you consult with someone who knows the tax code backward and forwards.

Ken Tumolo at Tumolo Financial is here to help you go over your rollovers, annuities, and any other assets you may have amassed over the years. This may mean moving your money around or rethinking the timing of your investments. No matter the state of your current portfolio, Tumolo Financial is here to give you suggestions and recommendations that you can take to the bank. We’ll show you how to cut out any unnecessary spending so you can nurture and grow your investments. Efficient tax planning explores every local, state, and federal law that can help you keep your money in your accounts and less in the government’s coffers.

Tax-Free Retirement

A tax-free retirement in Connecticut and Rhode Island, can be achievable once you understand your available financial options. If you can manipulate your funds correctly, you keep more for yourself and give less to taxes. For example, spreading out a distribution can be an easy way to keep your portfolio from a higher tax bracket. But while certain strategies are obvious, some are a little more obscure. It would take a skilled financial advisor to find the tactics that will allow you to keep your money rather than giving more to the government than need be. Whether it’s an IRA rollover or a philanthropic effort, every move you make will have consequences that can either help or hurt your overall wealth.

It’s recommended you have about $1 million if you want to live on an income of between $40,000 and $50,000 per year after your last year of work. If you’re going to save that much, you should do everything you can to protect it. Ken Tumolo can help you discover how tax treatments can work to your advantage. Tumolo Financial is built on the idea that you can get more from your investments when you have all the information in front of you. We help you retire tax free, so you can enjoy the benefits of your many years on the job.

long-term care

Long-Term Care

In life, it’s never simple to prepare for the unexpected. Sometimes, protecting your future means taking extra precautions to keep yourself safe. Long-Term Care (LTC) is an insurance policy you can buy to pay for expenses related to a serious medical condition. The right advisor can walk you through the different types of plans and how coverage works under different circumstances. Those in East Lyme, Connecticut, can save on their out-of-pocket expenses without having to settle for second-rate care. Each version of an LTC policy will have a different effect on your portfolio, though. For example, some policies offer you the option to cash out the full value if you never use them. This can help your estate assets increase dramatically.

Too many people end up crippled by medical conditions that they could never have anticipated. The financial toll on a person’s life can be dramatic, to say the least, especially when you consider the incidental bills that can mount in the meantime. If you’re trying to safeguard your finances against some of the more common events in life, you’ll need the advice of a financial advisor to make the right decision. Ken Tumolo at Tumolo Financial is here to give you the expertise and guidance you need to make better decisions for your portfolio. Whether you’re getting ready for retirement or looking ahead, you owe it to yourself to get your finances in order.

Wealth Management

Wealth management is one of the more complex financial maneuvers a person can tackle. As your assets grow, so do your wealth investment options. Much like a game of chess with its infinite combination of moves, you need the right combination of instinct, skill, and experience to get it right. If you’re looking for asset and wealth management services, the right financial advisor can be the key to optimizing your portfolio. If you’re looking for wealth management companies in Wethersfield, Conn., Ken Tumolo at Tumolo Financial may be able to help. Our staff is driven by understanding our clients at a deeper level, so we can craft a strategy that fits each facet of your life. If you’re interested in philanthropic endeavors, we show you how to contribute to the causes you care about the most. If you want certain funds allocated or withheld, we help you create family governance restrictions that fit your goals. In other words, we find you a direct path from where you are to where you want to be. Asset wealth management can be the key to growing your estate more than you ever thought possible. Once you have the right partner at your side, you can rest easy knowing that your assets are working for you.

wealth-management

retirement income planning

How much do I need to retire? This common question depends on a wide variety of factors. However, if you’re hoping to spend somewhere between $40,000 and $50,000 a year, then you’ll need about a $1 million to make it happen. When it comes to retirement planning, it’s all too easy to become overwhelmed by the numbers. If you’re starting with just a few thousand dollars, it can be difficult to see how you’ll eventually reach your target (without the help of a significant windfall). However, no matter how much money you’re starting with, there are ways to accumulate enough so you can enjoy yourself after you’ve said goodbye to your job.

Once you have the right partner at your side, you can start making small changes to your retirement income planning that will add up to a much brighter future. In other words, your retirement age can be whatever you want to make it. If you’re searching for, “How to plan your retirement income?”, it can help to start with a financial advisor who can give you specific answers to the how much to retire question. Ken Tumolo at Tumolo Financial is here to help people in Connecticut and Rhode Island, plan ahead. He can help you cut the amount of taxes you pay on each investment, give your profit margins even more breathing room, and narrow down which accounts will be the most beneficial in the long run.

Social Security Optimization

If you’re wondering, “How much does Social Security pay?”, you should know that there are multiple factors that go into the total. If you live in Connecticut or Rhode Island, a Social Security estimator will take into account your work history, investments, and age. To maximize Social Security benefits, you need to know when to apply for Social Security and how to analyze your statement. If you want to prepare for your retirement with the help of Social Security income, a financial advisor like Ken Tumolo can help you configure a financial plan. There are a few things you can do to give yourself an advantage, but it may mean taking a detailed look at your portfolio and investment goals.

“How much can I earn on Social Security?” You’ve likely heard people telling you not to rely on the average Social Security benefit for your retirement. The amount you receive is not necessarily meant to carry you through each and every year you won’t be working. But the answer to how much “How much Social Security will I get?” isn’t necessarily an inflexible equation. The answer may even get you far more than you think. When you call Ken Tumolo at Tumolo Financial, you have a way to learn more about what you can expect from your Social Security payments. If you want to get more from your Social Security benefits statement, we can help you put your finances back in order.

Efficient Tax Planning

When it comes to paying your taxes, it’s easier to overpay than most people think. Every year, residents in Connecticut and Rhode Island, give up more than they need to because they don’t realize how many opportunities they have to save. Efficient tax planning is not about leaving the U.S. government empty-handed, it’s about paying only what you’re required to pay. Whether you cringe every time you file or you just want to explore your options, you’ll need the help of a good financial advisor. Luckily, it’s worth the time and effort to adjust your portfolio in order to maximize its benefits. You can make the most of deferment legislation when you consult with someone who knows the tax code backward and forwards.

Ken Tumolo at Tumolo Financial is here to help you go over your rollovers, annuities, and any other assets you may have amassed over the years. This may mean moving your money around or rethinking the timing of your investments. No matter the state of your current portfolio, Tumolo Financial is here to give you suggestions and recommendations that you can take to the bank. We’ll show you how to cut out any unnecessary spending so you can nurture and grow your investments. Efficient tax planning explores every local, state, and federal law that can help you keep your money in your accounts and less in the government’s coffers.

Tax-Free Retirement

A tax-free retirement in Connecticut and Rhode Island, can be achievable once you understand your available financial options. If you can manipulate your funds correctly, you keep more for yourself and give less to taxes. For example, spreading out a distribution can be an easy way to keep your portfolio from a higher tax bracket. But while certain strategies are obvious, some are a little more obscure. It would take a skilled financial advisor to find the tactics that will allow you to keep your money rather than giving more to the government than need be. Whether it’s an IRA rollover or a philanthropic effort, every move you make will have consequences that can either help or hurt your overall wealth.

It’s recommended you have about $1 million if you want to live on an income of between $40,000 and $50,000 per year after your last year of work. If you’re going to save that much, you should do everything you can to protect it. Ken Tumolo can help you discover how tax treatments can work to your advantage. Tumolo Financial is built on the idea that you can get more from your investments when you have all the information in front of you. We help you retire tax free, so you can enjoy the benefits of your many years on the job.

long-term care

Long-Term Care

In life, it’s never simple to prepare for the unexpected. Sometimes, protecting your future means taking extra precautions to keep yourself safe. Long-Term Care (LTC) is an insurance policy you can buy to pay for expenses related to a serious medical condition. The right advisor can walk you through the different types of plans and how coverage works under different circumstances. Those in East Lyme, Connecticut, can save on their out-of-pocket expenses without having to settle for second-rate care. Each version of an LTC policy will have a different effect on your portfolio, though. For example, some policies offer you the option to cash out the full value if you never use them. This can help your estate assets increase dramatically.

Too many people end up crippled by medical conditions that they could never have anticipated. The financial toll on a person’s life can be dramatic, to say the least, especially when you consider the incidental bills that can mount in the meantime. If you’re trying to safeguard your finances against some of the more common events in life, you’ll need the advice of a financial advisor to make the right decision. Ken Tumolo at Tumolo Financial is here to give you the expertise and guidance you need to make better decisions for your portfolio. Whether you’re getting ready for retirement or looking ahead, you owe it to yourself to get your finances in order.

wealth-management

Wealth Management

Wealth management is one of the more complex financial maneuvers a person can tackle. As your assets grow, so do your wealth investment options. Much like a game of chess with its infinite combination of moves, you need the right combination of instinct, skill, and experience to get it right. If you’re looking for asset and wealth management services, the right financial advisor can be the key to optimizing your portfolio. If you’re looking for wealth management companies in Wethersfield, Conn., Ken Tumolo at Tumolo Financial may be able to help. Our staff is driven by understanding our clients at a deeper level, so we can craft a strategy that fits each facet of your life. If you’re interested in philanthropic endeavors, we show you how to contribute to the causes you care about the most. If you want certain funds allocated or withheld, we help you create family governance restrictions that fit your goals. In other words, we find you a direct path from where you are to where you want to be. Asset wealth management can be the key to growing your estate more than you ever thought possible. Once you have the right partner at your side, you can rest easy knowing that your assets are working for you.

Frequently Asked Questions

What is a financial advisor?

A financial advisor should be someone that you trust and is looking out for your best interest. The advisor should start with a plan, so that your investments have purpose. An advisor should be looking at a long-term approach that will give you advantages in the tax planning, investment planning, and estate-planning pieces of your picture. Keep in mind, it should all start with planning before any investments are changed.

How Do I Know if using an advisor is Right for Me?
The advisor should match up with where you are in life. The majority of our clients are 55 and up. We found that working with those over 55 takes the most work and is also the most exciting kind of work. There are so many strategies to help a person with planning the tax piece around their draw plan, retirement investments and the work that goes into estate planning.
Do you only work with one company?
No, we are independent, which means we aren’t tied to just one company. When working with a client, we have many choices on how to build the plan and which investments to use. Keep in mind, you may already have an investment that we can fit into the plan to give you an advantage.
Do You Offer Ongoing Consulting Services?
When working with clients, we like to have a review every 6 months. It gives us a chance to track their account trends. This way, we can adjust as necessary and point out whether or not they should make any changes. It also gives an opportunity to work with some of the estate-planning strategies.

Investment advisory services offered through Tucker Asset Management LLC, an SEC Registered Investment Advisor. 

Tumolo Financial is independent of Tucker Asset Management. Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the CFP® certification mark, the CERTIFIED FINANCIAL PLANNER™ certification mark, and the CFP® certification mark (with plaque design) logo in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.