Create a tax free retirement! Ask us how to systematically rollover IRA’s and 401K’s to ROTH IRA’s.
Specializing in 401(k) rollovers & asset protection
We offer guaranteed CD alternatives with higher rates, safe stock market alternatives, & help create tax free retirement income streams.
Ask us about setting up a separate predictable tax free income. Retirement is going to be here sooner than we think. Get prepared!
About Us
RGV Retirement Planning was started by Charles D. Wood in the Rio Grande Valley in 1987. While serving the entire state of Texas, our focus is retirement income planning through 401(k) and IRA rollovers, along with asset protection. We have various vehicles to maximize tax savings and gains, while minimizing risk, and ultimately providing guaranteed income while maintaining a legacy.
Income Planning
Enjoy smooth sailing in retirement with proper income planning!
Income planning for retirement can be daunting because there’s a lot to learn and for many people the information is new. Whether you’re just beginning your retirement journey or it’s already underway, you may be skeptical about whether you’ll have enough retirement income.
Preparing for retirement may require a shift in mindset and knowing the difference between retirement savings and retirement income. Prior to retirement, your financial life was dictated by your paycheck. Once you retire, however, you can no longer rely on a paycheck, which means you must find other sources of income. You’ve worked hard to save for retirement and now it’s time to create additional income from what you’ve saved. Although it can be a challenge, it’s also a great opportunity to grow your money beyond what you’ve saved – and that’s usually made easier by enlisting the help of a financial services professional.
Because taxes play a major role in any retirement income planning process, we utilize tax advantaged vehicles to help accomplish your retirement income goals, such as traditional IRAs, Roth IRAs, 401(k)s, and IRA rollovers.While the numerous options for your retirement savings may seem overwhelming, we at RGV Retirement Planning are here to help you make sense of it all.
We do not provide legal or tax advice and you should consult an attorney or tax advisor for such advice.
Long-Term Care
Prepare for a long and comfortable life with a plan for long-term care.
Long-term care refers to medical and support services for those who have difficulty executing routine daily functions, or those individuals with prolonged or degenerative illnesses, cognitive disorders, old age and/or other conditions. Nursing homes are probably what comes to mind first when discussing long-term care, but long-term care can also include assisted-living facilities, continuing-care retirement communities and home healthcare, among others.
One reason long-term care planning warrants more consideration today than in decades past is because we’re living longer lives. According to the U.S. Department of Health and Human Services, most people turning age 65 can expect to use some form of long-term care during their lives. Not having a plan can mean that costs fall on younger family members, causing financial strain, or on a retired spouse, leading him or her to potentially deplete their own retirement savings.
As the baby boomer generation ages and the demand for long-term care increases, new methods of paying for long-term care have surfaced. In addition, individuals may look for assistance from life insurance and annuity policies that may include features that provide enhanced benefits if the policy owner becomes impaired (subject to certain requirements.)
Since dramatic changes in our health can surface quickly and without much warning, it can be beneficial to have a plan to be able to fund long-term care, should you need it at any point in your retirement. We are here to help you prepare for a long and comfortable retirement.
Annuities are long-term insurance products generally designed for retirement income. The type of benefits provided depend on the insurance carrier and the specific type of policy that is purchased. Life insurance may require health underwriting and, in some instances, financial underwriting.
Our Services
RGV Retirement Planning
Charles D. Wood
CEP, CEPS, FIC, CSA, CMP, AMP
200 S. 10th St (Chase Tower)
Suite 1209
McAllen, TX 78501
(956) 793-3972