What We Do

Wealth Management Services from PAX Financial

We Believe
You Deserve More

Here at PAX Financial Group, we offer a full-service approach to our client’s needs, including financial assessments to see their financial standing, retirement planning, investment management, and advice on insurance and personal finance questions. 

We believe in giving back to the community, while also incorporating Christian values throughout our organization. It is our desire to partner with clients to execute an effective strategy based on their values to achieve what they find most important and most meaningful. 

Client Testimonials*

*The opinions expressed by clients are not endorsed by Pax Financial Group and may not reflect the views expressed by other clients. Depending on the facts and circumstances, public commentary made directly by a client about their own experience with, or endorsement of, an investment adviser, their personal investments, or their approval of Pax Financial Group is considered a testimonial. Testimonials are based on unique experiences from current clients and are not representative of all client experiences. Testimonials are unsolicited, and no cash or non-cash compensation is provided to any client. Pax Financial Group pays WealthTender for marketing services and to make accessible to the general public the testimonials posted to its website.

You have questions, we have answers

Here are some typical questions or concerns that we help our clients answer as they pursue financial freedom:

In most cases, the earliest one can start to receive their social security payment is 62.  If the goal is to get the largest amount, then delay starting payment until age 70.  The benefit amount will increase each year by 8%.  Another important factor to consider is life expectancy.  How long does one expect to live after age 62?  If family history for life expectancy after age 62 is short, then starting earlier may be better.  However, careful consideration should be given when starting social security payments before reaching Full Retirement Age.  If a spouse chooses this course of action and then predeceases their partner, the benefit of the surviving spouse will be less than what it would have been had they waited to start their payments at Full Retirement Age.  Because of the many nuances that exist when selecting when to start taking Social Security, consulting an experienced social security advisor can be well worth the expense.

Because everyone’s situation, goals, values, and life events are different,the answer to this question is one of the primary reasons for working with a financial advisor.  Look for an advisor who has a good reputation and clean record with their regulatory agency.  And look for the same good reputation and clean record with their firm.  A good financial plan from a trustworthy advisor and firm is well worth the expense and confidence that will follow the planning experience.

While inflation gets a great deal of attention in the press today as a destroyer of businesses and personal plans, there are other more important factors that are within the control of the individual or family that can  mitigate the impact of inflation on a goals to stop working.  For example, a plan that is built on spending less than one earns, consistent giving of 10%, saving 15% a year, and investing wisely a part of that 15% are all ways to lessen the impact of inflation and earn the wealth to enable you to stop working when you decide.

Yes, there are ways to reduce your tax liabilities.  Once you have utilized them then what is left is your tax liability.  Paying income taxes is not a bad thing.  It means you have income and income is a good thing.  Paying more than what you owe in taxes is undesirable and can be avoided by working with a good financial advisor.  One of the tasks of a good financial advisor is to design effective tax optimization strategies that minimize income taxes over the long term.

There are more than a few factors that need to be considered before answering this question.  Your risk tolerance needs to be determined.  Then consideration of your long-term goals and income plans after you retire is critical.  What is your net worth?  What is your risk exposure when all your investable assets are viewed as one portfolio?  What is your intended emergency fund and cash position you plan to have when you retire?  Do you have major expenditures or travel plans when you retire?  What will be the income you plan to withdraw annually from your portfolio?  Correct portfolio allocation today is impacted by income goals, budgeted expenses, investable assets, and long-term plans of tomorrow.  The 5 years before retirement and 5 years after retirement are the 10 most important years of financial planning in the life of an individual or couple.  We call this the PIVOT window.  The best advice I can give to anyone entering or already in this 10-year PIVOT window is to hire a financial advisor with a good reputation who works for a firm with a good reputation.  You will be glad you did!

Ready to have a real conversation about securing your financial future?