Chastain Financial Expert Segments

Chastain Financial

Chastain Financial is a Problem Solving Financial Service Firm serving clients throughout Northwest Arkansas and the tri-state area. Founded in 2004, we have developed our business by reaching out, nurturing and maintaining close, trusting relationships with each of our clients.

Our Mission

Chastain Financial’s mission is to help our clients achieve the retirement that they want. We do this by developing retirement income strategies with our clients that utilizes insurance and annuity products to help them achieve their goals and objectives. Our primary focus is to help Americans achieve the retirement that they deserve, one family at a time.

Carla Chastain

Carla Chastain is a President and CEO at Chastain Financial, LLC. She has 26 years’ experience in the insurance and annuity industry and holds a Bachelors degree in Finance from The University of Arkansas. She also holds a Certified Financial Planner® certification.

Carla has been published on Fox Business News and is involved with “Safe Money Talk Radio” on KURM 790AM & KFAY 1030AM.

To schedule a time to discuss your financial future and how insurance products could fit into your financial future, contact us at cchastainfinancial@cox-internet.com or call us at 479-845-1060 today!

Financial Services


To develop a financial strategy for your future, it’s important for your financial professional to see a complete, 360 degree view of your financial picture, including how your retirement assets are integrated and work with one another. We can work in concert with tax professionals or attorneys in our network to advise you on specific aspects of your financial strategy.

At Chastain Financial, we offer you the following services: retirement income strategies, annuities, life insurance, asset protection, and tax minimization strategies.

In addition, we can refer you to professionals who provide the following services: long-term care, estate planning, IRA legacy planning, trusts, probate, charitable giving, and IRA & 401(k) rollovers.

Your financial professional is not permitted to offer, and no statement contained herein, shall constitute tax, legal or accounting advice. You should consult legal or tax professional on any such matters.

To schedule a time to discuss your financial future contact us at cchastainfinancial@cox-internet.com  or call us at 479-845-1060 today!

We are an independent financial services firm helping individuals create retirement strategies using a variety of insurance products to custom suit their needs and objectives. By contacting us, you may be offered insurance products for sale.


retirement Income Strategies

Retirement income strategies are not just for the wealthy. As retirement nears, the traditional strategy has been to move growth-seeking products to more conservative, fixed-income products. This may have worked fine back when retirement was only expected to last five to ten years.

These days, however, people are living longer. It’s not unusual for someone retiring at age 65 to live to age 90 or longer. You may need to plan for your nest egg to potentially last 25 to 30 years.

We can help you design a guaranteed* retirement income strategy that incorporates insurance and annuity vehicles to create opportunities for long-term interest as well as guarantee income throughout your retirement.

*Guarantees are backed by the financial strength and claims-paying ability of the issuing company. Annuities are long-term vehicles that may be subject to restrictions, limitations or early withdrawal fees.

We are an independent financial services firm helping individuals create retirement strategies using a variety of insurance products to custom suit their needs and objectives.

Your insurance professional is not permitted to offer, and no statement contained herein shall constitute, tax, legal or investment advice. You should consult with a legal or tax professional on any such matters.


Asset Protection

In recent years, we’ve seen that aggressive and conservative products, both domestic and global, can move in tandem with one another. Because the market can expose assets to risk, you may want your financial strategies to include some guaranteed* income products. For example, annuities, which are insurance products with guarantees, can provide a source of supplemental income throughout your retirement.

Twenty-first century asset protection calls for more than just strategic asset allocation. Including products like annuities in your retirement income strategy can help protect your money from declines due to market losses.

Diversifying your retirement assets among a variety of vehicles – both through insurance products and investments, depending on what is appropriate for your situation – may offer you the best chance of meeting your retirement income goals throughout your lifespan.

*Guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. Annuities are long term vehicles and may be subject to restrictions, limitations or early withdrawal fees. Annuities are not FDIC insured.

We are an independent financial services firm helping individuals create retirement strategies using a variety of insurance products to custom suit their needs and objectives.

Your insurance professional is not permitted to offer, and no statement contained herein shall constitute, tax, legal or investment advice. You should consult with a legal or tax professional on any such matters.


Tax Minimization Strategies

The impact of taxes may be a concern for many individuals approaching retirement. It may be important to incorporate tax planning into your financial decisions. We encourage you to discuss any ideas with a qualified tax professional prior to making any decisions.

Utilizing a tax-deferred vehicle means your money can compound interest for years, free from income taxes, potentially allowing it to earn interest at a faster rate. Few financial vehicles avoid taxes altogether. Annuities, which are long term vehicles designed to supplement retirement income, have a tax-deferred component which means you can defer paying taxes until you begin receiving withdrawals or income in retirement – when you may be in a lower tax bracket.

Please note that withdrawals from annuities will reduce the contract value and the value of any protection benefits. Additional withdrawals taken within the contract withdrawal charge schedule will be subject to a withdrawal charge. All withdrawals are subject to ordinary income tax and, if taken prior to 59 1/2, may be subject to a 10 percent federal additional tax.

We are an independent financial services firm helping individuals create retirement strategies using a variety of insurance products to custom suit their needs and objectives.

Your insurance professional is not permitted to offer, and no statement contained herein shall constitute, tax, legal or investment advice. You should consult with a legal or tax professional on any such matters.


Long-Term Care Strategies

As the oldest Baby Boomers begin to wind through their 60s, one of the biggest concerns may not be outliving income, but outliving good health.

For retirees, home health care can cost $50,000 or more per year1, and nursing home care can run as high as $80,0002. Does your retirement plan account for this kind of possibility? Would you be prepared for twice that amount as a married couple?

Considering that you could have to exhaust a portion of your assets before Medicaid will pay for long-term care and neither your employer group nor major medical insurance will cover long-term care, it’s important to plan ahead and protect yourself from these costly expenses.

We can help evaluate your situation and determine if purchasing a long-term care insurance policy may be the right move for you.

1 Genworth Cost of Care Survey, 2010

2 MetLife Market Survey of Nursing Home, Assisted Living, Adult Day Services, and Home Care Costs, 2009

We are an independent financial services firm helping individuals create retirement strategies using a variety of insurance products to custom suit their needs and objectives.

Your insurance professional is not permitted to offer, and no statement contained herein shall constitute, tax, legal or investment advice. You should consult with a legal or tax professional on any such matters.


Estate Planning

We can refer you to professionals to help meet your individual needs.

Estate planning is simply determining (while you’re still alive) where your assets should go after you die. Without a properly structured estate plan, your wishes may not be fulfilled, and your loved ones could be hurt both emotionally and financially.

While the concept is simple, the vehicles, planning and implementation process can be rather complex. Because estate tax laws can change and there are emerging ways to help you protect and transfer your assets effectively, it’s important to work with experienced estate planning professionals who stay current in this field and advise clients on a day-to-day basis.

We are an independent financial services firm helping individuals create retirement strategies using a variety of insurance products to custom suit their needs and objectives.

Your insurance professional is not permitted to offer, and no statement contained herein shall constitute, tax, legal or investment advice. You should consult with a legal or tax professional on any such matters.


IRA Asset Planning

IRA accounts have become one of the largest types of assets inherited by beneficiaries. If you don’t anticipate needing your IRA money in retirement, you may wish to consider a legacy planning strategy to help reduce taxes and increase the payout your beneficiaries will inherit upon your death.

You may want to use some of your IRA assets to provide your beneficiary(ies) a regular stream of income while leaving the balance of IRA assets invested for tax-deferred growth. The result may yield substantially more money paid out over the course of your beneficiary’s lifetime. We can help you evaluate your financial scenario to determine if IRA legacy planning could help you meet your goals of structuring a long-lasting inheritance for your beneficiaries.

We are an independent financial services firm helping individuals create retirement strategies using a variety of insurance products to custom suit their needs and objectives.

Your insurance professional is not permitted to offer, and no statement contained herein shall constitute, tax, legal or investment advice. You should consult with a legal or tax professional on any such matters.

Beneficiary Arrangements


Trusts

There are many different types of trusts, and they can be complex to set up and execute. However, a trust can be a very flexible and advantageous means to transfer your assets in the future. Most trusts also provide current benefits, such as tax deferral and deductions. Unlike a will, a trust may help avoid probate upon your death. To learn more about trusts and how they may benefit you, we will be happy to help you consult a qualified estate planning attorney that specializes in these matters.

We are an independent financial services firm helping individuals create retirement strategies using a variety of insurance products to custom suit their needs and objectives.

Your insurance professional is not permitted to offer, and no statement contained herein shall constitute, tax, legal or investment advice. You should consult with a legal or tax professional on any such matters.


Life Insurance

Life insurance isn’t for those who have died—it’s for those who are left behind. When shopping for life insurance, consider needs such as replacing income so your family can maintain its standard of living, as well as paying for your funeral and estate costs. A general rule is that you should seek coverage between five and seven times your gross annual income. As far as the various types of policies go, they can generally be placed into one of two categories: Term and Permanent.

Term insurance generally provides coverage for a specified period of time and pays out a specified amount of coverage to your beneficiary only if you die within that time period. In a level premium term policy, you pay the same amount of premium from the first day of the policy until the term ends. A permanent insurance policy, on the other hand, does not need to be renewed. A permanent insurance policy will stay permanently in effect for the rest of your life so long as premiums continue to be paid and there is sufficient policy value to sustain the policy.

We are an independent financial services firm helping individuals create retirement strategies using a variety of insurance products to custom suit their needs and objectives.

Your insurance professional is not permitted to offer, and no statement contained herein shall constitute, tax, legal or investment advice. You should consult with a legal or tax professional on any such matters.


Probate

Probate is the potentially lengthy and costly legal process that oversees the transfer of your assets upon your death. If you do not create a will or set up a trust to transfer your property when you die, state law will determine what happens to your estate. This is called probate or “intestate.” Without a will or some other form of legal estate planning, there is the chance that more of your property may go to the state than is necessary or desired.

We can refer you to a qualified estate planning attorney that can assist you in these matters.

We are an independent financial services firm helping individuals create retirement strategies using a variety of insurance products to custom suit their needs and objectives.

Your insurance professional is not permitted to offer, and no statement contained herein shall constitute, tax, legal or investment advice. You should consult with a legal or tax professional on any such matters.


Charitable Giving

Creating a charitable gift giving plan may provide you with multiple tax breaks: an income tax deduction, the avoidance of capital gains on highly appreciated assets and the reduction or elimination of estate taxes on the charitable contribution upon your death.

With changes in the tax environment, there may be we expect in the U.S. in coming years, there may be compelling reasons to integrate philanthropy into your financial and estate planning.

We can refer you to a qualified tax and/or legal professional to help you decide if this is a good option for you.

We are an independent financial services firm helping individuals create retirement strategies using a variety of insurance products to custom suit their needs and objectives.

Your insurance professional is not permitted to offer, and no statement contained herein shall constitute, tax, legal or investment advice. You should consult with a legal or tax professional on any such matters.


IRA & 401(K) Assets

When you change jobs or retire, there are four things you can generally do with the assets in any employer-sponsored retirement plan:

  • Leave the money where it is
  • Take the cash (and pay income taxes and perhaps a 10% federal penalty tax if you are younger than age 59½ )
  • Transfer the money to another employer plan (if the plan allows)
  • Roll the money over into an IRA

Rolling over from one qualified plan to another qualified plan allows your money to continue growing tax-deferred until you receive distributions in retirement.

If you determine to cash out of the IRA, we can help you find suitable vehicles to help you reach your retirement income goals.

We are an independent financial services firm helping individuals create retirement strategies using a variety of insurance products to custom suit their needs and objectives.

Your insurance professional is not permitted to offer, and no statement contained herein shall constitute, tax, legal or investment advice. You should consult with a legal or tax professional on any such matters.

Neither the Company nor its agents or representatives may give tax, legal, or accounting advice. Individuals should consult with a professional specializing in these areas regarding the applicability of this information to his/her situation.

It’s important to have a trusted professional

We understand how important it is for you to be able to trust your financial professional. Regardless of the direction the stock market or interest rates take in the future, it’s important to have a trusted financial and insurance professional you can count on to give you the news straight and look out for your interests.

That trusted professional is Chastain Financial. We are experienced, responsive and understand your need for integrity and transparency.

Plan for financial independence

To schedule a time to discuss your retirement income strategy, contact us at safemoneytalk@cox.net or call us at 479-845-1060 today!