What we can DO for You
Retirement Planning
Life Insurance: Protecting your Family's Future
Retirement Planning
We start by learning about your goals and dreams, then compare them to your current situation. We then use proven financial strategies designed to meet your risk tolerance and protect you against market volatility. We understand that everybody has a different financial picture, and different goals, so we never take a cookie-cutter approac
We start by learning about your goals and dreams, then compare them to your current situation. We then use proven financial strategies designed to meet your risk tolerance and protect you against market volatility. We understand that everybody has a different financial picture, and different goals, so we never take a cookie-cutter approach. We will take the time to fully understand your family's needs, budget, and concerns so that we can find the perfect fit for you.
Planning for retirement, whether that's income needed now, five years away or 25 years down the road, is something each of us needs to consider. Making smart choices about how much money you save, and what retirement planning savings vehicles you use, can mean the difference between having the income you need in retirement to live the lifestyle you want, or struggling financially.
There is no one-size-fits-all solution when it comes to saving for retirement, but if you are looking for guidance using time proven strategies to accomplish your goals, we can help.
Wealth Management
Life Insurance: Protecting your Family's Future
Retirement Planning
We can help with investment and wealth management through our unique partnerships with firms that specialize in portfolio growth and risk management. Our partners use advanced financial planning resources backed by a team of fiduciaries leveraging algorithmic technology to manage retirement and investment funds for clients of all economi
We can help with investment and wealth management through our unique partnerships with firms that specialize in portfolio growth and risk management. Our partners use advanced financial planning resources backed by a team of fiduciaries leveraging algorithmic technology to manage retirement and investment funds for clients of all economic backgrounds. Their service is to prioritize the financial goals of the client above all else. More than that, fiduciaries must make financial choices for clients that are solely in the interest of them and their beneficiaries. As such, every choice they help clients make needs to adhere to a couple of principles of conduct.
As fiduciaries, these advisors prioritize the client’s financial goals and help find ways to maximize their investments. These priorities can be broken down into two key duties — a duty of loyalty and a duty of care. Under the duty of care, fiduciaries make informed decisions in handling the clients’ investments and help make critical choices in how those investments are split up and handled.
Second, under the duty of loyalty, fiduciaries are obligated to avoid any undisclosed economic or personal conflict of interest. All fiduciaries are bound to use their guidance without furthering any private interest
Life Insurance: Protecting your Family's Future
Life Insurance: Protecting your Family's Future
Life Insurance: Protecting your Family's Future
At Karlo Financial, we want to make sure you have all the information you need to confidently make the best decisions for your family. We partner with over 50 insurance carriers so we can provide you with a completely customized plan, providing the coverage you need. Whether you’re deciding between life insurance options, looking for mort
At Karlo Financial, we want to make sure you have all the information you need to confidently make the best decisions for your family. We partner with over 50 insurance carriers so we can provide you with a completely customized plan, providing the coverage you need. Whether you’re deciding between life insurance options, looking for mortgage protection, or considering final expense coverage, our advisors are here to help you decide which insurance plan best fits your needs, and is well within your budget. Term life insurance is considered the most affordable type of life insurance. Coverage is set for a fixed period of time that you choose, anywhere from 10 to 40 years, depending on your age and health. Universal and Whole Life are permanent life insurance plans, many with flexible premiums and adjustable benefits. Cash value accumulation in these plans, can be used for children’s educations, supplement retirement income and be used for incidental expenses. Final expenses are costs that arise at the time of a person's death, including burial costs and medical expenses. Final Expense is a whole life insurance policy designed to pay off these expenses upon death and enables families to properly grieve their loved ones without the burden of large debts or unplanned costs.
Debt Free Life ® & The Infinite Banking Concept
Debt Free Life ® is a modern way to pay off your debt using a very unique Insurance Solution partnered with a Debt Snowball or Avalanche process. Using our exclusive software, your certified Debt Free Life ® consultant will generate a personalized debt elimination report showing you how and when to pay off each debt and the projected amount of interest you’ll save, usually without spending any additional money each month. The main advantage of Debt Free Life is putting you back in control of your finances by eliminating debt. You will also reduce the interest paid to lenders while accruing funds in the cash value component of a whole life insurance policy. By redirecting your current inefficient dollars into your policy and gaining interest and dividends, you become your own bank and pay off debts with no additional out-of-pocket expenses. Debt Free Life allows you to accomplish your financial goals, eliminate debt, and decrease the amount of interest due. Once your debts are paid off, you can redirect funds to build wealth for your future. The Infinite Banking Concept (IBC) is a system whereby one becomes their own banker by growing their cash value inside a properly designed whole life insurance policy to create potential Tax Free wealth by borrowing against it to fund major expenditures, retirement, emergencies and outside investment opportunities. This concept was made popular by R. Nelson Nash. However, it is documented that famous entrepreneurs like J.C. Penney, Ray Kroc, The Rockefellers and Walt Disney used Whole Life insurance as a private bank to either start, grow, or save their business decades before Nelson Nash’s work was published. As you would expect, the insurance products, prevailing interest rates, and adaptation strategies to optimize infinite banking have morphed and evolved over time.
Mortgage Protection
Mortgage Protection insurance is a policy that will pay out a lump sum benefit to pay off the loan or help pay mortgage payments due to a death of one of the homeowners. Most policies also have living benefits that pay if a homeowner can't work due to a critical illness, critical injury or a chronic illness.
Medicare Supplement
Medicare Supplement Insurance is often referred to as “MediGap Insurance,” because it fills in the gaps in coverage that beneficiaries of the “original Medicare” (Part A & Part B) are left with. “Original Medicare” covers a lot of health care costs for beneficiaries who are 65 or older (or younger with certain disabilities), but it does not cover everything. Medicare Supplement Insurance helps cover coinsurance, copays, and deductibles and other out of pocket medical expenses.
Additional Services
College Savings with Smart Start
Critical Illness and Long Term Care
The SmartStart plan is a way to help you set aside funds to protect your child's future while protecting their insurability, regardless of what happens later in life. The SmartStart life insurance policy provides insurance coverage for your child, coupled with a potential Tax free cash value savings component with guarantees. SmartStart g
The SmartStart plan is a way to help you set aside funds to protect your child's future while protecting their insurability, regardless of what happens later in life. The SmartStart life insurance policy provides insurance coverage for your child, coupled with a potential Tax free cash value savings component with guarantees. SmartStart goes beyond education expenses: in addition to using funds to help pay for the cost of college, available cash value can be used at any point in your child's life. If they want to use funds for a down payment on a home, they can do so! When it's time for them to retire, if the policy is still in force, they can even create a retirement income stream from their SmartStart policy.
Critical Illness and Long Term Care
Critical Illness and Long Term Care
Critical illness insurance is a policy that will pay out a benefit as a lump sum if you are diagnosed with a critical illness or condition specified in the policy. This can relieve or lessen the financial strain that can come with critical illnesses, so you can focus on getting better. Long Term Care is a policy to help with costs associ
Critical illness insurance is a policy that will pay out a benefit as a lump sum if you are diagnosed with a critical illness or condition specified in the policy. This can relieve or lessen the financial strain that can come with critical illnesses, so you can focus on getting better. Long Term Care is a policy to help with costs associated with Nursing homes, assisted Living or home health care needs.
Disability Insurance
Disability Insurance
Disability income insurance is a type of insurance product designed to help replace a major portion of your income if you were unable to work because of an illness or injury. For this reason, many people think of it as “paycheck protection.” Along with life insurance, disability insurance can offer the protection you need to ensure your f
Disability income insurance is a type of insurance product designed to help replace a major portion of your income if you were unable to work because of an illness or injury. For this reason, many people think of it as “paycheck protection.” Along with life insurance, disability insurance can offer the protection you need to ensure your family doesn’t lose their home or other valuable assets if the unthinkable happens.