ABOUT SPAULDING FINANCIAL

Creating a better future for you and your loved ones

At Spaulding Financial, our core belief revolves around gaining a comprehensive understanding of the broader economic landscape – both our current position and the trajectory we're heading towards. Our mission centers on providing education and implementing strategies that not only cater to our clients' present needs but also optimize their future withdrawals. Presently, the United States finds itself in a unique situation with historically low federal tax rates. Despite this, the vast majority of Americans continue to utilize tax-deferred retirement accounts such as 401k's, 403b's, 457bs, and traditional IRAs to accumulate the bulk of their retirement funds. However, we're in an era that demands a fresh approach to planning if we are to achieve success in our retirement aspirations.

The question arises: Why should we postpone settling today's tax obligations – especially considering the remarkably low tax rates – only to be burdened with paying these taxes at a later date, which we can reasonably anticipate will be significantly higher given the current state of the economy? The funding for crucial programs like Medicare, Social Security, and other federal initiatives is facing substantial deficits. As a consequence, our nation's only viable recourse is to raise federal taxes in an attempt to sustain these essential programs that form the bedrock of our society.

In light of these realities, we firmly advocate for a paradigm shift in our approach to building substantial retirement wealth. Our emphasis lies in formulating strategies for a tax-free retirement, a departure from the conventional path that no longer aligns with our evolving economic landscape.