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Helping You Build a Worry-Free Retirement
Led by Steve Hennessy, an independent financial advisor with over 40 years of experience, Trinity Financial Services of South Florida is dedicated to helping individuals achieve secure, comfortable retirements. Through a personalized, boutique-style approach, Steve works closely with each client to develop tailored retirement strategies that provide safety, predictability, and peace of mind.
Retirement income planning & safe-money strategies
Create reliable, paycheck-like monthly income using principal-protecting solutions.
long-term care planning
Protect savings and family with traditional or hybrid care options.
Maximizing Social Security
Make informed decisions on when and how to claim benefits.
Efficient Tax & Tax-Free Retirement Planning
Preserve wealth with tax-efficient strategies.
Secure Lifetime Income Annuities/ Private Pension Plans
Turn savings into guaranteed lifetime income.
Business & Estate Solutions/ Life Insurance with Living Benefits
Protect legacy with advanced life insurance and estate planning tools.
Trinity Financial Services of South Florida
Have you ever considered how close you’ll get to your retirement goals by the time you reach the last day on the job? For some, this is an unsettling thought, even if they’re sitting on a valuable portfolio.
For a retirement professional, though, the equations are a little different. They’re prepared to dig into the decisions that drive your portfolio, from your investments to your asset classes, so you can reshape your bottom line to one that supports everything from your regular expenses to your wildest dreams.
Life & Long-Term Care Insurance
Picking out the right insurance policies can quickly become a minefield if you’re not careful, which is why it helps to have an advisor by your side — one who can help you answer some of the stickier questions. If you’re looking for life insurance for estate planning, business life insurance strategies, or long-term care insurance for retirement protection, the right financial expert can guide you through the legalese and potentially even give you an emergency safety net if you absolutely need it.
Life Insurance in South Florida
Life insurance is generally split into two major categories. Term life insurance refers to a contract with an expiration date, meaning that the benefits evaporate if they aren’t used by that date. So, if you want to provide for your only child until they turn 25, you might set up a policy until their 25th birthday. Term insurance is both affordable and practical, but it doesn’t always take into account all of life’s changes. For example, if you decide you want to cover your child longer than when they turn 25, you’ll have to take out a new policy at likely higher rates.
With a permanent life insurance policy, your benefits will never expire. What’s more, you might be able to dip into the total value of your life insurance plan (known as life insurance with living benefits). The right life insurance policy can help you avoid taking out a loan or going without in an unexpected event.
A good financial advisor can tell you more about how any current policy benefits interact with a prospective contract and more background on the carrier, including how the carrier tends to respond to claims. (Unfortunately, most people know what it’s like to get stuck in red tape when they need to make a claim.)
Long-Term Care Insurance in Miami
A long-term care insurance policy in South Florida can cover your expenses if you face a lengthy recovery. Whether it’s from an injury or illness, long-term care extends your health insurance benefits and can cover anything from a part-time home health aide to nursing-home care.
A long-term care insurance advisor can give you more insight into which carriers offer these contracts and how these contracts play out over time. They’ll help you explore all options, including a hybrid long-term care annuity, which combines an annuity with long-term care benefits, giving you a way to both plan for retirement and protect against future illnesses and injuries. Long-term care benefits are especially recommended if you’re at risk of a long-term genetic disorder to ensure that you get the best support should you need it.
At Trinity Financial Services of South Florida, you’ll meet financial advisors who invest in your long-term financial goals. At a boutique retirement agency, you have the chance to form real relationships that can ultimately help you clearly map out everything from retirement to estate planning.
Retirement Income Planning
Retirement income planning has become a trusted way for retirees to generate more money every month, giving their savings a break from relentless everyday expenses (and inevitable inflation). If you’re wondering how retirement income planning works, it helps to talk to a financial advisor who can help you explore every revenue stream, and whether it’s right for you.
How to Protect Retirement Savings
Retirement income planning refers to reliable revenue that retirees receive, usually once every month. The most well-known revenue source is Social Security benefits, but the reality is that there are multiple options available that allow you to stockpile as much as possible, making it possible to preserve your savings for all but the worst emergencies.
Whether it’s a guaranteed income for life annuity or monthly rental checks, a financial advisor helps their clients dig into the numbers behind each door. For example, they might explain private pension plans for retirees and how they can supplement a pension plan for your employer. Or they might give you insight into safe retirement savings options, including high-yield accounts.
Retirement income planning South Florida is full of caveats based on everything from your net worth to your personal preferences. A client who wants to spend their days traveling will have very different needs, resources, and expectations than one who has plenty of time to oversee their portfolio. A client who wants to live a first-class lifestyle will have different secure retirement solutions than one who lives off their own land.
If you’re looking for a retirement plan advisor in Miami, the staff at Trinity Financial Services of South Florida can start custom-mapping your journey, showing you how to jump from where you are now to amassing an income you can’t outlive. At a boutique retirement firm, it’s not only easier to navigate your questions — because you won’t have to go through several chains of command — it’s easier to get real advice that matches how you want to spend your golden years.
Efficient Tax Planning
Charitable gifts, IRAs, capital gains: these are just a few factors that can influence how much you make in taxes. If you live in South Florida and are planning for retirement, chances are you already have a strategy in place. Whether that’s taking the standard deduction or hiring an accountant to go over all your options, your tax plan is probably one you’ve honed over the years.
However, you might want to stop and ask yourself if there’s more that you could be doing to avoid leaving the government anything extra. Too many people will end up missing opportunities that they don’t even realize are available to them. From local tax codes all the way up to federal regulations, there are endless paths to pursue if you want to be a little smarter about your taxes.
Efficient Tax Planning in Dade County
At Trinity Financial Services of South Florida, you will find Steven Hennessy ready to help. This experienced and knowledgeable financial advisor ensures his clients in the Miami Metro area can maximize their portfolio however possible. If you want to align your holdings with your larger goals, he can show you how to keep your taxes to the bare minimum so you can conserve more for the matters that you care about. This could mean anything from buying a vacation home in your “Golden Years” to donating a portion of your assets to a favorite charity.
He might recommend deferring certain charges, like capital gains, by investing in another asset. Or, he might be able to bring down your income bracket by carefully managing your philanthropic funds. If you want to know exactly where the money is going, he can show you the details so you can be sure you haven’t left anything on the table. The decisions that you make should be designed to save you more every time you need to file — and this is true regardless of if you pay by quarter or by year.
Why Visit a Financial Advisor in Southern Florida?
Financial questions can range from the basic to the complex. To make matters worse, the spoken and unspoken financial rules in one city may vary drastically from those of another — whether it’s a change in a tax code or new zoning regulation. When you can’t figure out how each avenue could potentially impact your net worth, it’s easy to take a wrong turn without even understanding the risks attached.
From buy-sell agreement life insurance to business succession planning Florida, the right financial advisor will break down how each portfolio component either props up or holds you back. While no one can ever call every shot in the market, what they can do is lean on their expertise and pattern recognition skills to foresee what’s coming down the pipe, and how you can use it to your advantage.
At Trinity Financial Services South Florida, the goal is to explain executive retirement planning solutions in a way that makes sense to our clients. But it’s also to challenge stereotypes and common advice. For example, not everyone needs to diversify their portfolio, especially if there isn’t a strong logic to their decisions.
Here, we can also give you a few rules to live by that might make it easier for busy executives to stick with the program: 1. Decide how much you can save, how you want to secure your monthly retirement income, and how much you’ll need to live your best life during your golden years. 2. Allow a financial advisor to aggressively manage a portion of your wealth to further balloon your margins. 3. Give yourself permission to enjoy everything you’ve worked so hard to build.
Maximizing Social Security
Maximizing Social Security starts with understanding a program that has radically changed over the years. If you live in the Miami Metro area, talking to a financial advisor with experience can help you see how to get the most out of your monthly checks. When you spend so much of your working life giving up a portion of your salary to a safety net, it’s only fitting that you get some of it back when it’s your time to retire.
How to Maximize Social Security in Dade County
At Trinity Financial Services of South Florida, Steven Hennessy is an advisor who can evaluate your portfolio and determine the best strategy to get you the most money. Your payments are calculated by an array of details, including the industry you worked in and the number of years you spent contributing to the program. If you’re basing your estimate off of your neighbor’s or relative’s amount, you could be surprised at just how much variance there is from person to person.
No one should rely on this program as their sole means of support in Miami. However, there is something to be said for allowing it to cover necessities like groceries and your electricity bill, so you can use the rest of your money on what you want. At a safe money retirement firm like Trinity, you can count on your financial advisor to help organize all of your assets — including your IRA, fixed index annuities, and investments. Doing this will make it easier to see how and where Social Security fits into your larger portfolio.
When you file for this program, it’s important to do it right the first time. While mistakes can be corrected, it can be both time-consuming and frustrating for all involved. The priority to adjust paperwork is very low for the government, particularly if it means that you will receive more from them. That’s why it helps to be able to consult with a professional before you officially submit your request.
Tax-Free Retirement
Paying taxes every year (or for some people every quarter) has become a way of life for professionals in every part of the country. That kind of conditioning may make it seem as though this will always be the norm, even after you exit the workforce and enter your retirement. If you live in South Florida, though, you may want to know about how tax-free strategies can help you drastically reduce what you give Uncle Sam. For some people, these strategies may eliminate most of their tax obligations.
How to Have a Tax-Free Retirement in the Miami Metro Area
If a tax-free retirement sounds like an empty promise, you should know that there are some retirees who manage to achieve a near complete freedom from taxes. Very often, that’s because they have a financial advisor who will look after their assets, assess their performance against their cost, and make adjustments when need be.
Steven Hennessy at Trinity Financial Services of South Florida can help you make sense of exactly how the tax code applies to your portfolio. If you live in Dade County, his guidance can help you restructure your finances. This can include your investment dividends, retirement accounts, and charitable donations, all so you can make certain that you’re not giving up any more than you need to.
When you choose a safe money retirement firm, you can count on getting the attention that would be non-existent anywhere else. Hennessy doesn’t just dazzle clients with knowledge about the local, state, and federal tax codes, he takes the time to get to know how his clients in South Florida actually envision themselves spending their days. Whether it’s golf or a part-time job, that kind of insider information is key to giving people the resources they need to be comfortable and achieve their dreams. Income adjustments, tax deferments, account conversion: no matter what tactics you settle on, understanding what’s available to you can do a world of good for your retirement. A qualified financial advisor can be just the stepping stone you need.
Annuities & Safe Money Strategies
Annuities have long been hailed as one of the safer money strategies as you edge toward retirement, though this message gets muddled when you consider everything from fees to restrictions. In other words, there’s a reason why not everyone invests in annuities (and it’s not just because people aren’t thinking ahead).
If you’re interested in guaranteed income during retirement and you’re hoping for annuities to make up a strong percentage of your monthly revenue, it can help to talk to an advisor who knows the ins and outs of annuities. They can not only clue you into what you can expect, they can give you more perspective on how annuities interact with unpredictable economic forces, like inflation, that you’ll need to account for.
How Annuities Work for Retirement
Annuities are a fairly simple concept to understand: you enter an agreement with an insurance company where you pay the company today and receive an income later on. Most people will use them for retirement because the annuity payments can be added to other revenue sources, such as Social Security or rental income. A safe money advisor South Florida can tell you that this ensures their clients don’t have to keep withdrawing from savings to cover everyday expenses. Instead, you can spend your savings on unexpected emergency hits.
An annuity income planning specialist can tell you more about how different types of annuities, including an indexed annuity with income rider, can support your current portfolio and eventual retirement goals. For example, a more stable annuity may be an excellent choice if you’re retiring in five years, but the fixed cap trade-off may not be worth it if you’re retiring in 10 years and you’re out for much stronger returns.
Whether you’re looking for the best fixed annuity rates 2025 or you just have general questions about how annuities will work with your other investments and strategies, an experienced advisor will partner with you until you can come to the best decision for you.
