CLARK SUMMIT – When it comes to investing in one’s future – particularly retirement – there’s no better place to turn than 1st Financial Investments Inc., according to readers of the Abington Journal.

For a fifth year, the business has earned the title of “Best Financial Services.”

The business has also garnered the title of “Best Accounting Services,” for a third year.

1st Financial Investments is owned and operated by Phil Goldstein, who has worked in the finance industry nearly 40 years. Goldstein attended establishments, including the University of Miami and carries licenses and certifications in insurance, estate planning and money management.

Finding himself in need of work after his mother closed the family business to retire, Goldstein said he landed in finance and hasn’t looked back.

Today, the business remains family centered with the goal of helping clients achieve long-term security.

Goldstein’s passion for the business is fueled by his desire to help others develop sound financial plans for their lives, especially retirement.

Goldstein operates the business with his son, Heath, who followed in his father’s footsteps and carries a brokerage license. The business meets the needs of residents from Northeast PA and beyond in a variety of categories, including retirement and estate planning, tax preparation, insurance, investment portfolios and more.

While the company covers a vast array of wealth management options 1st Financial Investments specializes in retirement planning.

Goldstein points out the necessity of planning for retirement, for a source of income and security during later years.

Goldstein said people often are in the middle of their work lives, so busy that they don’t keep an eye on their retirement.

It is then that 1st financial steps in and develops those financial tools to make successful retirement a reality.

He gives the example of a Fixed Index Annuity that will ensure a lifetime of steady income.

The business is also licensed in money management, with an eye on the market which allows customers to utilize funds effectively.

Effective planning

As people approach retirement, it’s important that they understand both how much they spend on a regular basis and also their sources of income upon retirement, Goldstein said.

People often rely upon Social Security which is generally about 30 to 40% of total retirement income, he said.

The goal, he said, is to plan for the other 2/3 of income necessary for successful retirement.

Those preparing for retirement should work to change their thought process on saving and spending while avoiding high-risk investments. His business continues to offer workshops, which include regular seminars on subjects such as wealth and estate planning.

Retirement is achievable through a wide array of income levels, and 1st Financial Investments is more than happy to help residents of NEPA begin planning with a free consultation.

Stellar tax services

Readers have also lauded the business for their stellar tax preparation.

The business has been doing taxes for several years, with two CPAs on staff.

Goldstein said the business is able to do taxes at a rate below other tax preparation services, especially for long-term clients.

To learn more about 1st Financial call 570-585-6100 or visit www.1stFinInvest.com.