Financial Planning for Life

Financial Planning for Life

Financial planning isn’t just about putting your money where it will get the best return – it’s about making sure your money can help you have the life that you would like, whether that’s to provide security to you and your family, allowing you to take the holiday of a lifetime, or giving you the retirement you’ve dreamt of and worked for.

We can help you manage your investments and savings to meet your needs. We help you define your priorities for your money, and will use our skill, experience and training to help you meet those goals. Then, through a variety of financial methods, we can provide access to secure savings or more speculative investments based on your choice of risk. Key to financial planning is the ability to update your portfolio to suit your changing needs.

The team at Baystate Financial is committed to regularly evaluating your investments to make sure that our financial strategy meets your financial plans.


Areas to be Considered

Retirement Planning

Will you have enough? How much is enough? Retirement Planning is about taking responsibility now by focusing on the future. It is about ensuring you can meet your retirement income expectations and, if you are already retired, whether you are using your capital in the most tax efficient and appropriate way. We can also help determine whether your current income is sustainable if it is coming from savings or pensions.

Estate Planning & Your Legacy

Will the right people get the right amounts and at the right time? Are they ready to receive potentially large sums? Will you simply be passing on a tax bill? Estate Planning is more than just money and tax – it is about making sure the people who are left are financially supported, that your assets are protected and that the tax paid is fair.

Investment Planning

Do you self-manage your portfolio or outsource to a professional firm? Do you hold the investments directly? Can you tolerate the true level of risk within your portfolio or could you achieve the same return for less risk? Investment planning is about choosing the most appropriate investment solutions, understanding the risks, making best use of tax allowances and achieving a true level of diversification.

Protecting Your Wealth

What is your most valuable asset? Is it your home? Or actually is it your future income and your ability to continue earning it? Protecting your wealth is a fundamental part of financial planning, yet most of us don’t spend the time or money on it that is often necessary. When someone dies, money can’t ever replace them, but I t can make a life a little easier for those who love who are left behind.

Planning for College Expenses

As you determine the goals of you, or your family’s education goals, you will want to weigh all of the options for which savings path you choose. There are many options available, ant all of them may be correct for what you are trying to accomplish. Let’s discuss which options are viable to your financial situation and suited for your specific goals.


Any discussion of taxes is for general information purposes only, does not purport to be complete or cover every situation, and should not be construed as legal, tax or accounting advice. Clients should confer with their qualified legal, tax and accounting advisors as appropriate.