services

 

Offering Comprehensive Solutions

 
Griffin Advisory Services is a financial services firm. We offer professional portfolio management, financial consulting and insurance services and products. Griffin Advisory Services customizes each portfolio to the client’s individual goals and needs, no two client portfolios are the same! Below is a list of some of the products and services we offer to make your financial goals a reality.


 


 
retirement

  

Retirement Strategy Planning

 

 

 
 
 
exit strat

                                                  Investments*

 
 

 

financial plann

                                             Financial Planning

 

 

insuranceupdate

                                                     Insurance


 

 

 


How much annual income do you need?

 

One rule of thumb is that you'll need 70% of your pre-retirement yearly salary to live comfortably.That might be enough if you've paid off your mortgage and are in excellent health when you kiss the office good-bye. But if you plan to build your dream house, trot around the globe, or get that Ph.D. in philosphy you've always wanted, you may need 100% of your annual income - or more. 
It's important to make realistic estimates about what kind of expenses you will have in retirement. Be honest about how you want to live in retirement and how much it will cost. These estimates are important when it comes to figuring out how much you need to save in order to comfortably afford your retirement. 
One way to begin estimating your retirenent costs is to take a close look at your current expenses in various categories and then estimate how they will change. For example, your mortgage might be paid off by then - and you won't have commuting costs, then again your health care costs are likely to rise.
(CNN Money http://money.cnn.com/retirement/guide/basics_basics.moneymag/index5.htm)
 

 

Estate Planning

 

At a minimum, every adult should have a will, a durable power of attorney, and a health care proxy. A durable power of attorney designates an individual to control their financial affairs if they become incapacitated, while a health care proxy delegates health care decisions to a third person when they are unable to make those decisions.
 
 
*Gregory Griffin offers Investment Advisory Services through Gradient Advisors, LLC (Arden Hills, MN 877-885-0508), a SEC Registered Investment Advisor.

 Throughout this website you will see materials from Ed Slott and Company. Please take note of the following disclosure

**Annuities are designed to be long-term investments. Early withdrawals may impact annuity cash values and death benefits. Taxes are payable upon withdrawal of funds. An additional 10% IRS penalty may apply to withdrawals prior to age 59 ½. Annuities are not guaranteed by FDIC or any other governmental agency. Guarantees are based on the claims paying ability of the issuing insurance company. Fixed Indexed Annuities are insurance products and not considered a security or investment. Some restrictions may apply. Call for specific details and availability.