Special Topics

Pathways Advisory Group is a fee-only financial planning firm specializing in:

College Planning

Discussions may include: financial aid/loan options, 529 Plan accumulation, Education Savings Accounts, financial aid qualifications, Uniform Transfer to Minor (UTMA) accounts and affordability.

Insurance Planning

We review current life, disability, and long-term care policies. We look for the need for coverage and the adequacy of coverage. We do not sell insurance.

Cash Flow and Debt Management

We illustrate income, debt, and cash reserve information on our Big Picture Diagram. Sometimes couples do not see eye-to-eye on spending and saving. We look to achieve the right balance. We distinguish between “good” debt versus “bad” debt. Good debt is a low or reasonable interest rate. Extra high interest rates signify bad debt. We design a plan to eliminate the bad debt.

Pension Choices: Lump Sum or Monthly Income?

Sometimes a retiring worker faces a choice: take a pension plan’s value as a lump sum or take it as a monthly income. This is a critical choice and demands careful consideration. Health, life expectancy, cash flow needs, taxes, and more are relevant. We help clients through a decision-making process. If a monthly income is selected, we then must evaluate single-life, and joint-life options.

Social Security Planning

There are ways to maximize Social Security benefits. Couples sometimes have a choice as to who begins first. Sometimes delaying the start of benefits has advantages. Cash flow, tax issues, and even Medicare premiums are factors to consider.

Gifting To Loved Ones

Sometimes children benefit from gifting in their 30’s or 40’s much more than gifts or inheritances in their 60’s or 70’s. Gifting can be a highly personal matter. Gifts to grandchildren can carry much meaning.

Charitable Giving

There are some especially tax-savvy ways to gift to charities.

Secure your financial future.

Contact Pathways Advisory Group today to schedule a consultation and take the first step toward achieving your financial goals.