Retirement Planning in Abingdon, VA

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Top Retirement Planners in Abingdon, VA

Edward Jones - Financial Advisor: Ricky Bray
5 out of 5
Location 307 Falls Dr NW, Abingdon, VA 24210, USA
Phone (276) 739-7729
SEC File# 801-64239
CRD# 128545
Location 143 W Main St, Abingdon, VA 24210, USA
Phone (276) 628-2814
Sharryl Jennell, CPA
Location 22246 Aven Ln, Abingdon, VA 24211, USA
Phone (276) 623-9001
Retirement Planning in Abingdon, VA

About Abingdon, VA for Those Planning to Retire

Abingdon, VA is a quaint town nestled in the heart of the Appalachian Mountains, boasting a rich history and vibrant culture. From the iconic Barter Theatre, where stars like Gregory Peck and Ernest Borgnine honed their craft, to the picturesque Virginia Creeper Trail, a popular destination for hikers and bikers alike, Abingdon has something for everyone. Top employers in the area include Johnston Memorial Hospital, Eastman Chemical Company, and the Washington County School System. Major highways and streets include Interstate 81, U.S. Route 11, and Main Street, which is lined with charming shops and restaurants. The town is divided into several distinct neighborhoods, each with its own unique character. The historic district features beautifully preserved homes from the 18th and 19th centuries, while the bustling downtown area is home to a variety of businesses and cultural institutions. Other neighborhoods include the peaceful and scenic Holston Hills, the family-friendly Green Springs, and the upscale and exclusive Winterham.

Other Financial Planning Services for Retirement

Banks and Credit Unions

As a small town in Virginia, Abingdon residents rely heavily on their local bank for financial assistance. One common way that residents are helped by a bank is through loans. In Abingdon, where the median household income is lower than the state average, many residents require loans to purchase homes or start businesses. Additionally, the town is known for its arts and culture scene, with events such as the Virginia Highlands Festival drawing tourists each year. Banks in Abingdon may offer specialized loans or financial products to support these industries. Moreover, as a rural community, many residents may not have easy access to online banking or other digital services. Local banks can provide personal assistance and support for these individuals, ensuring that they have the tools they need to manage their finances effectively.

Insurance Broker

Residents of Abingdon, VA can greatly benefit from the services of an insurance broker. With the town's growing population and diverse demographics, an insurance broker can help individuals and families navigate the complex world of insurance policies and find the coverage that best suits their needs. From finding affordable health insurance options to protecting their homes and vehicles with comprehensive coverage, an insurance broker can provide invaluable guidance and support. Additionally, with Abingdon's location in the Appalachian Mountains, residents may need specialized insurance policies to protect against natural disasters such as flooding and landslides. An insurance broker can help residents understand their risks and find the right coverage to ensure their homes and belongings are protected. Overall, an insurance broker can provide peace of mind and financial security to the residents of Abingdon, VA.

Wealth Management

Residents of Abingdon, VA can greatly benefit from the services of a wealth manager. With the town's rich history and strong sense of community, a wealth manager can provide tailored financial advice to help individuals and families achieve their long-term goals. For example, a wealth manager can assist with retirement planning, tax optimization, and investment management. Additionally, with Abingdon's proximity to the Appalachian Trail and the town's dedication to outdoor recreation, a wealth manager can offer specialized advice on sustainable investing and socially responsible investment options. By working with a wealth manager, residents of Abingdon can feel confident in their financial future and contribute to the continued growth and prosperity of their community.

Financial Advisor

Residents of Abingdon, VA can benefit from the expertise of a financial advisor in a multitude of ways. With the town's economy driven by small businesses and agriculture, financial advisors can assist in creating investment portfolios that align with their clients' goals, risk tolerance, and financial situation. Additionally, a financial advisor can provide guidance on retirement planning, estate planning, and tax planning, which can be especially beneficial for residents who own farms or other properties. With the town's proximity to the Appalachian Trail and other outdoor recreational areas, a financial advisor can also provide advice on insurance policies that protect against unexpected accidents or injuries. Overall, a financial advisor can help residents of Abingdon, VA navigate the complex financial landscape and make informed decisions that will secure their financial future.

Mortgage Loan Officer

Residents of Abingdon, VA can benefit from the expertise of a mortgage loan officer in a variety of ways. Firstly, a loan officer can provide guidance on the different types of mortgage loans available and help residents choose the best option for their financial situation. Additionally, the loan officer can assist residents with the application process, ensuring that all necessary documentation is provided and that the application is completed accurately and efficiently. Furthermore, a loan officer can help residents navigate the complexities of the home buying process, including negotiating with sellers and understanding the terms of their mortgage agreement. In Abingdon, VA, where the real estate market is highly competitive and prices can be steep, having a knowledgeable and experienced loan officer on your side can make all the difference in securing the home of your dreams.

Tax Services

Abingdon, VA is a town that is rich in history and culture. However, like any other town, residents of Abingdon, VA face various tax-related issues that require the assistance of a tax advisor. One of the most common ways that residents of Abingdon, VA would be helped by a tax advisor is by providing them with expert advice on how to maximize their tax deductions. This is particularly important for residents who own small businesses or those who work as independent contractors. Additionally, a tax advisor can help residents navigate the complex tax laws and regulations that are specific to Abingdon, VA. For example, the town has a unique tax structure that requires residents to pay both state and local taxes. A tax advisor can help residents understand how these taxes work and how to properly file their tax returns to avoid penalties and fines.

Estate Planning Lawyer

Residents of Abingdon, VA can benefit from the services of an estate planning lawyer in a multitude of ways. For instance, an estate planning lawyer can help Abingdon residents create a comprehensive estate plan that will ensure their assets are distributed according to their wishes upon their passing. This is particularly important in Abingdon, where the median age is 44 years old, and many residents may be thinking about retirement and their legacy. Additionally, an estate planning lawyer can help residents minimize the tax burden on their estate and provide guidance on how to protect their assets from potential creditors. Furthermore, an estate planning lawyer can assist with creating a living will, which is crucial in Abingdon where the percentage of seniors over age 65 is higher than the national average. This document outlines an individual's medical wishes in case they become incapacitated and cannot make decisions for themselves. Overall, an estate planning lawyer can provide invaluable assistance to Abingdon residents in planning for their future and protecting their legacy.


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