What We Do
Whether we like it or not, money will always be a part of our lives. Money does not guarantee happiness, but it is a tool that we use to clothe us, feed us, transport us, and shelter us. Pistokache Financial firmly believes that every American should have the opportunity to live a prosperous life without the idea of financial frustration looming above their head. Our priority is to simplify your financial needs by focusing on 3 key issues: 1.) eliminating stock market losses, 2.) creating a tax free retirement, and 3.) providing a retirement income you will not outlive.
Eliminating Stock Market Losses
You will have a limited amount of cash that will flow to you throughout your lifetime. We believe that before anything else, it is crucial that you protect that cash, especially from stock market losses. In the past 18 years we have had 3 of the biggest stock market downturns in history. With how connected the world is today, stock market volatility is likely to stay. Don't expect Wall Street to put a deposit back into your account. If your account does recover to the amount before the loss, it happens because the principal left in your account grew enough to replace the amount lost. Recovering significant losses can take anywhere from 2 to 6 years on average. Therefore, protecting your hard earned money is the first and most important step you must take.
Creating A Tax Free Retirement Income
It is nearly impossible to avoid taxes, however, there are ways to limit the taxes you pay. With taxes going up it is important you implement financial strategies that will help you grow your retirement income tax advantaged. Every dollar used to pay unnecessary taxes can and will pay a toll on your financial future. Instead of paying Uncle Sam, use your dollars to your advantage and let that hard earned cash flow right back to your retirement plan.
Creating a Retirement Income You Will Not Outlive
One of the biggest problems many Americans face today, is the fear of running out of money during retirement. In today's world, income from social security alone is not sufficient enough to live on. In many cases an individual will have to work way past the retirement age just to make sure they have enough income to live off of. This means that in order to be able to retire comfortably, without financial stress, you must invest your money during your working years into a financial concept that you will not outlive during your withdrawal years.