Services

 

Personal Finanical Planning

 

Are you wondering how you can afford to put money away when you are having trouble paying your monthly bills on time? Don’t fall victim to assuming you can wait until later in life to invest. No matter if its retirement planning, education planning or investment planning, a little put away now provides a greater return than more money down the road.

 

With PERSONAL FINANCIAL PLANNING SERVICES from Dolan & Associates, we put you on a plan to help manage your long-term earning potential without losing sight of your short term responsibilities.

 

Don Parker was a 30 year-old carpenter with a mortgage and credit card debt. He thought that he could not pay his bills and afford to save for a new truck. After careful financial planning with Dolan & Associates, Don was able put a $10,000 down payment on a new truck and begin paying down his debt in 2 years.

 

Benefits of Financial Planning

 

Only 46% of self directed participants surveyed believed that they werewell prepared for retirement compared with 78% of participants working with a financial planner. (The Financial Planning Association, 2008)

 

Business Planning

 

Do you worry about the future of your small business when you retire? Are you unsure how to divide ownership between family without causing conflict?

 

Maybe you are concerned that you may want to change your plan down the road? When family is involved, the emotional and financial implications are great. Effective business planning is essential for the continuation of a business’ profitability and a family’s unity.

 

With BUSINESS PLANNING SERVICES from Dolan & Associates, we help you plan for the transition of ownership and put your concerns to bed with our experience and, first-hand knowledge of family-owned business planning.

 

Randy Keegan always assumed that he would take over the family farm, but was surprised to learn that his father hadn’t prepared a transfer of ownership plan.

 

With our help Randy and his father developed a plan for succession that provides for the family members while avoiding disputes.

 

Compound Interest Statistics

 

If at age 25 you contribute $7,459.87 annually to a Roth IRA with an annual return of 8%, you will have $1.9 million by the time you retire at age 65. If you began saving at age 30, you would have to contribute $11,214.97 annually to
get the same return. That's the power of compound interest.

 

Rate of return is for illustrative purposes only and is not indicative of any particular investment,

as your results may vary. This is a hypothetical situation and not indicative of your situation.