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A 20-Pay permanent life insurance policy offers comprehensive protection for your child while building cash value that can provide financial support as they transition into adulthood. This policy not only safeguards their future but also gives them a financial head start with a cash payout that can be used for education, buying a home, or other important life milestones.
Whether you need Term Life insurance to secure a business loan or a Permanent Life insurance policy to build tax-free cash value for long-term financial growth, we have the right solution to meet your unique needs.
Secure Your Final and Burial Expenses with No Medical Exam. Ensure your final expenses are fully covered with a guaranteed Whole Life policy, offering lifelong protection with no medical exam required. Get peace of mind knowing your loved ones are financially supported.
Create guaranteed lifetime income and secure your financial future with an affordable plan starting as little as $100 per month. This is a great option for the self-employed or for individuals without access to a workplace retirement plan. A Personal Pension Plan will ensure that you have a stable income for retirement.
Secure Your Retirement with Smart Planning
Secure Your Retirement with Smart Planning
Achieving financial security in retirement doesn’t happen by chance—it requires careful planning, commitment, the right financial strategies, and money. Your employer-sponsored retirement savings plan is a cornerstone of your financial future, whether you’re an employee or self-employed. Understanding how your retirement plan works and the benefits it offers is key to securing your financial future.
When will you take Social Security?
When will you take Social Security?
Deciding when to claim Social Security benefits is a crucial decision for retirees looking to maximize their retirement income. Eligible individuals can begin receiving benefits as early as age 62, but waiting until full retirement age (FRA) age 66 (or 67 for those born in 1960 or later) can result in benefits that are approximately 30% higher. Delaying benefits until age 70 increases the payout by an additional 32%.
Not only will your monthly benefits be higher, but cost-of-living adjustments (COLA) will also be based on these increased amounts, providing even more financial security. Married couples may have additional Social Security claiming strategies available, depending on their unique financial situation. In some cases, it might be advantageous for one spouse to claim benefits early while the other delays, or for both to delay benefits if they have sufficient income from other sources.
What Does Your Ideal Retirement Lifestyle Look Like?
What Does Your Ideal Retirement Lifestyle Look Like?
Everyone has a unique vision of their dream retirement, whether it's traveling, relocating to a new area, engaging in charity and community service, or pursuing a passion like starting a business. Whatever your retirement goals may be, it’s essential to plan ahead to ensure your retirement savings last throughout your lifetime. At Haven Financial Solutions, we help clients build a personalized retirement plan to make sure their nest egg supports their dream lifestyle.
How Will You Fund Retirement?
How Will You Fund Retirement?
How and when you start saving for retirement plays a crucial role in shaping your retirement outcomes. Your success in building wealth for retirement depends on factors like debt management, lifestyle choices, employment status, and personal goals. At Haven Financial Solutions, we help clients assess these key factors, set realistic retirement goals, and develop personalized financial strategies to achieve their financial objectives. Our expert advice ensures you stay on track to secure a comfortable retirement.
Here are some of the ways Americans report saving for retirement:
Annuities
Interest in a business
Pensions, including those from old employers
Retirement accounts, such as individual retirement accounts (IRAs), 401(k) plans, 403(b) plans, and other workplace retirement plans
Social Security
Stock options or restricted stock units from their employer
Taxable investment accounts
Life Insurance: It Covers More Than You Know
Life Insurance: It Covers More Than You Know
Common uses for life insurance
Common uses for life insurance
Income Replacement: True peace of mind. Helps your family maintain their lifestyle, continue to pay the mortgage & cover outstanding debt.
Children's Education: Keeping Your Promises Ensure that your children don’t have to struggle to afford attending college or pursuing the life of their dreams.
Business Preservation: Legacy Keep a business in the family. Maintain stable income for family members who depend on the business, and allow a business partner to buyout your share of the business.
Connect with us
Connect with us
Haven Financial Solutions is conveniently located in the heart of Westchester County in the city of White Plains, NY.
Easy access for anyone seeking a financial advisor in: Elmsford, Scarsdale, Hartsdale, the Town of Greenburgh, The River Towns of Yonkers, Hastings-on-Hudson, Dobbs Ferry, Irvington, Tarrytown, Sleepy Hollow, Ossining.
Connect with us
Connect with us
Call: 1-914-510-2888
Email: hello@havenfs.us
Monday - Friday 8:30 am - 6:00 pm
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