life & retirement planning

Ensure you and your loved ones are taken care of no matter what.

Life Insurance

It’s something few people want to think about, but life insurance is an important product to consider when building your financial plan. Not only can it provide your loved ones with financial assistance in the event of a tragedy, permanent life insurance can also be used as a cash-value investment that you can borrow against or withdraw from in certain circumstances.

Life insurance can help in the following situations:

  1. Paying final expenses, including funeral costs
  2. Paying estate taxes
  3. Covering children’s expenses, such as college
  4. Replacing a spouse’s income
  5. Paying off debts
  6. Buying shares from a business partner

At Tom Paterson Insurance, we can help you determine how much life insurance you might need and find the best coverage options for you. Contact us today to start the conversation.

Get Help Building Your Financial Plan

There’s a lot to know when preparing for retirement or making a financial plan. Learn more about the financial solutions and options available so you can make an informed decision about your future. Tom Paterson Insurance offers a wide range of investment options.

annuities

Build your retirement savings with this long-term investment. You pay money for your annuity and then we’ll invest it. Later, in your retirement, you will be paid back that money with tax advantages. You choose how much to contribute, when to start receiving payments, and how long they need to last. Annuities offer an income you can count on.

*Please note that homeowners’ coverage does not include flood insurance in the state of Florida.

individual retirement accounts (ira)

Help your retirement savings grow faster than similar taxable investments with IRA options such as Traditional IRAs, Roth IRAs or Rollover IRAs.

mutual funds

Save for retirement or college with a mutual fund managed by professional financial advisors. Determine your savings plan based on objectives like your savings goals and your ability to handle risk.

529 college savings plan

Each state chooses an investment company to manage its plans, but you can participate in any state’s plan. You can have funds automatically set aside for your tax-free savings so you can cover the cost of tuition and books down the road.