Wealth Accumulation & Retirement Planning

Today, 95 percent of Americans will reach retirement age with less than they need to retire comfortably, according to Fortune magazine. In fact, only four out of every 10 Americans are taking steps to get ready for retirement, and without adequate planning, a bright future can quickly become a financial nightmare.

Providing for your own secure and comfortable financial future requires more than just a pension plan and good intentions - it demands expert planning. At NEC we design custom-designed asset management, investment, and wealth accumulation plans for our clients that aim to yield optimum benefits, both immediately and in the future.

We also help employers select and implement qualified retirement plans that best suit your company's particular situation and that provides the most cost-effective benefits for your employees. These plans help you and your employees accelerate the accumulation of assets for retirement, while at the same time providing distinct tax advantages.

We pay careful and ongoing attention to each client's needs and circumstances, to economic indicators, and to the performance of mutual fund or annuity that we sell. In order to look out for your financial future, we systematically track any new developments as they emerge.

Wealth & Preservation Planning

Throughout your lifetime you are taxed on income, savings, on many purchases, and, finally on the transfer of your accumulated wealth after the deaths of you and your spouse. Without a comprehensive estate and wealth preservation plan, the federal government can tax your assets at a rate of up to 60 percent and may force your heirs to give up a substantial portion of their inheritance. Fortunately, a well thought out plan can preserve and protect your estate, reducing the tax your heirs must pay and enabling them to meet their financial obligations.

NEC works hard to preserve your assets and dramatically increase your assets your heirs receive. We employ sophisticated estate planning tools and techniques such as family limited partnerships, living or generation skipping trusts and other vehicles of testamentary planning.

Financial Protection for Business Owners

Protecting a privately held business from physical hazards and liability claims is essential, but, simply put it's not enough. Death or disability can rob a company of the critical expertise it needs to continue, and a business partner that quits or retires can trigger a division of assets that destroys the company after they are divided.

NEC can identify these risks and provide solutions. Key person and disability income insurance help keep a company going while it deals with difficult situation. In addition, business continuity planning can uncover the full range of potential change-of-ownership scenarios. We also develop succession plans and provide funding alternatives to finance a smooth transition. At NEC, we watch out for the future so you can concentrate on the present.