Blakelock Financial Group is a full service firm that specializes in helping individuals develop sound retirement strategies. We offer personalized, hands-on service. We educate our clients about financial concepts and products, and take the mystery out of investing, insurance, estate conservation, and preserving wealth.

We understand the many challenges of retirement today and know the biggest concern for many is outliving their money. We focus on money management, as well as other issues that are critical to your financial well-being.

1. Investment Management

The basics of investment management include buying and selling financial assets and other investments, but it is more than that. Managing your investments involves understanding your short- and long-term goals and using that information to make thoughtful investing decisions. We help provide the data necessary to help you diversify your investment portfolio to match your desired level of risk and meet your financial goals.

2. Budgeting

Creating a budget is an important aspect of managing your finances. Budgeting gives you a guide to how much money you can spend and how much you should save each month. Following a budget will help you reach your short- and long-term financial goals. We can help you outline the action steps to take to set up and maintain a budget that works for you.

3. Debt Management

Most people borrow money for large purchases like a home or a vehicle. Sometimes a medical bill or home repair can unexpectedly add to your debt load. A professional debt management plan helps you pay off that debt in the most financially advantageous way possible. We can help you analyze your debt, prioritize a debt repayment strategy, provide options for debt restructuring, and outline a holistic plan to better manage debt and meet your future financial goals.

4. Cash Flow Analysis

Usually applied to business finances, cash flow analysis helps you balance money coming in with expenditures and savings plans. Personal cash flow analysis can tell you when you can afford to buy a new car or how much money you can add to your savings each month without running short for necessary expenses. We can help you clearly see where you spend your money and then apply that insight to help you understand your financial well-being and how to improve it.

5. Risk Management and Insurance

Risk, when not managed properly, can be very expensive. Risk management services identify potential risks to your home, your vehicle, and your family, and they help you put the right insurance policies in place to mitigate those risks. We can help you develop a strategy to protect your earning power and reduce losses when unexpected things happen.

6. Long-Term Care Planning

What would happen if you became disabled or develop a chronic illness and cannot take care of yourself? One of the largest expenses you could face later in life is long-term care. With the right plan in place, you can have peace of mind knowing that you will have the care you need if that day ever comes. We can help you understand the different options available to you for long-term care planning and how those options can prepare you and your family to manage the future costs of aging.

7. Tax Planning

One key to investment success is developing a tax efficient strategy – one that minimizes the amount of taxes you have to pay on the money your investments earn. Reducing your taxes leaves more money to contribute to your investments. We can help you use charitable giving and investment strategies to minimize the amount you must pay in taxes, and they can show you how to withdraw your money in retirement in a way that also minimizes your tax burden.

8. College Planning

Some people begin to plan for paying college tuition as soon as their child is born. Even if you didn’t start early, college planning can help you put your child through college without facing unexpectedly large expenditures. We can guide you in understanding the best ways to save for future college costs and how to fund potential gaps, explain how to reduce out-of-pocket college costs, and advise you on eligibility for financial aid and grants.

9. Retirement Planning

Making sure you have enough money to live on after you retire is an important part of financial planning. Planning and saving for retirement usually begin early in your career, but as retirement day gets closer, you’ll want to review and possibly revise the plan. If you didn’t start early, it’s not too late to plan for a comfortable retirement. We can help you quantify and prioritize retirement goals, make a plan to accumulate and invest your money, explain how to use that money in retirement so that it will last, and create strategies to reduce the effect of taxes on retirement savings.

10. Estate Planning

Making decisions about how you will be taken care of if you become incapacitated and what will happen to your assets when you die are essential parts of your total wealth strategy. The estate planning process involves creating financial and legal documents and can begin when you are young. We can help you create a robust estate plan and regularly review that plan to ensure that it reflects your wishes and goals specific to how you want your wealth transferred.

11. Charitable Planning

Charitable planning services help you make educated decisions about how to support the causes that are important to you. With the right plan in place, your money can go further to help the organizations whose missions are aligned with your values. We can help you define your charitable giving goals and incorporate them into your financial plan. They can also advise you in appropriate ways to maximize your giving and tax deductions.