A multi-specialty financial services advisor is now offering life planning to individuals and families in Davenport, Iowa, and its surrounding areas.
KS Financial Services has announced a series of life planning services that can be tailored to the individual needs of families, pre-retirees, and professionals. These options are now available in Davenport but are also being offered to residents in Bettendorf, Rock Island, Moline, East Moline, and Eldridge.
More information is available at https://www.kellystewartfinancial.com/life-planning/
The decision to provide life planning services is in response to the current state of retirement and college planning in the US. A report by PWC stated that “a quarter” of adult Americans have no retirement savings, and it estimated that the median retirement saving amount will be insufficient to support the average span of retirement, which is about 15 years.
Moreover, the ultimate cost of a bachelor’s degree in the US may now exceed $500,000, according to the latest estimates of the Education Data Initiative, with costs still increasing by 2% annually.
“These are difficult times, and if you don’t have a plan for yourself and your children, it will be doubly difficult for you and your family in the future,” said Kelly Stewart, founder of KS Financial Services.
For pre-retirees looking to create a stable source of income after leaving the workforce, KS Financial Services offers a tax-free retirement plan that combines “guaranteed” investments with more volatile yet high-return instruments. According to the company, this “set and forget” plan offers a much-needed safety net for specific investors looking to explore other investments while preparing for retirement.
KS Financial Services also has plans for parents with long-term college goals for their children in the form of life insurance policies. It explains that certain life insurance policies have cash value that can be leveraged to obtain cash through a loan or direct withdrawal. “Your child can use the money tax-free to pay for tuition, or if they opt not to go to college or receive a free college education, they can spend it for anything they like,” the company stated on its website.
In addition to college and retirement planning, KS Financial Services offers mortgage payment coverage, short-term health insurance, annuities, and Medicare plans.
Interested parties can learn more about these options by visiting https://www.kellystewartfinancial.com/