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ABOUT OUR COMPANY
Navigating the Cliffs and Oceans of Financial Planning
At Herzog Financial Solutions, we understand that the journey to a secure retirement is filled with both cliffs to climb and oceans to navigate. Just as navigating the ocean requires skill and understanding, our expertise helps you chart a course for a secure and confident retirement, ensuring a smooth journey through every financial decision.
LIFE INSURANCE AND LEGACY PLANNING
Secure your loved ones' future while building a lasting legacy.
Protect what matters most with tailored life insurance plans designed to meet your family’s unique needs. From ensuring financial security to leaving a meaningful inheritance, our legacy planning services help you create a financial roadmap for generations to come.
TAX-FREE INCOME PLANNING
Build a retirement strategy that minimizes tax burdens on your income. We guide you through various investment options that provide tax-free income in retirement, helping you maintain your lifestyle without the worry of heavy taxes.
RETIREMENT RESOURCES
Insights and tools to plan your retirement Effectively.
Access a wealth of resources to guide you through the complexities of retirement planning.. From detailed articles and guides to interactive tools and calculators, get everything you need to make informed decisions about your retirement
401K/TSP/IRA ROLLOVER PLANNING
Navigate the complexities of rolling over your retirement accounts with our guidance. We specialize in helping you transfer your 401k, TSP, and IRA funds efficiently to preserve your savings and optimize your investment options for retirement.
Importance of Financial Planning
Understanding the need for comprehensive financial planning is crucial. Here are some key statistics that demonstrate why retirement, long-term care, and estate planning should be top priorities:
According to the Employee Benefit Research Institute, only 40% of workers have tried to calculate how much they need to save for a comfortable retirement.
40%
The average retirement savings for individuals aged 55-64 is approximately $120,000, far below the recommended amount needed to sustain retirement for 20-30 years.
120K
The U.S. Department of Health and Human Services reports that about 70% of individuals over the age of 65 will require some type of long-term care services during their lifetime.
70%
A Gallup poll found that only 44% of U.S. adults have a will, which can lead to prolonged and costly probate processes.