Comprehensive Financial Planning

For Firefighters

At Carlson Planning Company, we recognize the unique financial challenges and opportunities that come with a career in firefighting. Our dedicated financial planning services for firefighters are designed to address the specific needs of those who serve our communities, ensuring that you have a strong financial foundation and a plan that evolves with you throughout your career and into retirement.

Starts At

$4,000 per year

(Billed Quarterly)

Comprehensive Financial Planning

Discover how our tailored financial planning process can help you achieve peace of mind and financial independence as a firefighter.

Dedicated Advisor (Unlimited Access)

As a client of Carlson Planning, you’ll be working with an advisor who understands the unique financial landscape of a firefighter's career. Plus, our fee-only compensation structure ensures your advisor will never be paid commission to sell you financial products. You can reach out to your advisor anytime for objective, fiduciary, and personalized guidance.

Custom Portfolio Management

At Carlson Planning, we'll make adjustments to your current strategy or kickstart your investment journey for the first time. We'll build on what you already have—especially if it's already well-positioned.

We'll be cautious as we analyze the tax impact of any changes, and start to position your portfolio with cost-effective investments and a highly disciplined approach that captures value across countries, companies, currencies, and real estate.

Your tax rate, liquidity, cash flow, personality profile, time frames, and risk tolerance will all be factored into your investment strategy.

We review any trades that might cause a taxable event, and assess other opportunities to improve your account performance without incurring the impact of capital gains taxes.

Tax-efficient rebalancing

A retirement plan is one of the most proactive ways to reduce and defer taxes. We will provide an independent voice of reason to help you understand all the options available in the marketplace.

Retirement Plan Implementation

As an independent registered investment advisor, we aren’t limited to the investment styles, products, or companies we recommend.

Custom portfolio construction

Quarterly Net Worth Progress Reports

In addition to a real-time net worth summary, which you can always view on your dashboard, as a Private Wealth Client, you’ll receive a quarterly net worth progress report to show how your wealth is growing over time.

The report includes a detailed breakdown of your assets and debts, providing a clear understanding of which factors are contributing to growth (or decline).

Elements® Financial Monitoring App

The Elements Financial Monitoring App empowers you to:

  • Consolidate all your financial accounts in one place

  • Gauge your financial health through a scorecard of key indicators

  • Monitor your progress through quarterly reports

With the Elements app, our advisors (with your permission) can access your scorecard and offer personalized insights throughout the year.

Pension Optimization Strategies

Understanding your pension benefits is crucial for long-term financial stability. We provide detailed pension analysis to help you fully grasp your entitlements, how they fit into your broader financial picture, and strategies to maximize these benefits.

Our team will guide you through the complexities of your pension plan, including eligibility, benefit calculations, and the impact of early retirement or career changes.

Retirement Savings and Distributions Review

Beyond your pension, diversifying your retirement savings is essential. We'll assess your current retirement savings plans, such as 457(b)s, IRAs, or Roth IRAs, and ensure they're aligned with your retirement goals.

Our review includes investment strategies, contribution levels, and distribution plans to optimize your savings and minimize tax implications, ensuring you're on the right path to a comfortable retirement.

Insurance Review

Firefighting comes with inherent risks, making adequate insurance coverage paramount. We'll conduct a comprehensive review of your existing insurance policies, including life, disability, and health insurance, to ensure you and your family are adequately protected.

Our goal is to identify any coverage gaps and recommend solutions that provide peace of mind and financial security.

Tax Planning

Taxes can significantly impact your financial health. Our tax review service is designed to identify opportunities for tax savings and efficiency, particularly relevant to the unique tax situations faced by firefighters.

We'll help you navigate deductions, credits, and tax-advantaged investment strategies, ensuring you're not paying more than necessary and keeping more of your hard-earned money.

Estate Planning Review

Securing your legacy and ensuring your loved ones are taken care of is a critical component of financial planning. Our estate planning review will help you understand the essentials of estate planning, from wills and trusts to beneficiary designations and healthcare directives.

We'll provide guidance on how to structure your estate to meet your wishes, minimize taxes, and avoid probate, ensuring a smooth transition for your heirs.

See How We Use the Elements Financial Planning System™

The Elements Financial Planning System™ is a proactive treatment plan for your financial health. Our advisors use Elements to monitor your key financial indicators, benchmark your performance against other firefighters, and optimize each moving part of your wealth strategy.

Get Started

Get started on securing your financial future by scheduling a financial fire drill assessment with us and we will guide you through the process.

Carlson Planning Company, LLC is an investment advisor registered and domiciled in Massachusetts.

Financial Planning for Firefighters.

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