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Overview

Services

Advisor Services

  • Financial Planning
    • -Estate Planning
    • -Comprehensive Financial Planning
    • -Retirement Planning
    • -College Planning
    • -Charitable Planning
    • -Other Financial Planning
  • Insurance
    • -Life Insurance
    • -Long-Term Care Insurance
    • -Annuities
  • Pension Consulting
    • -401k
    • -403b
    • -457
    • -Defined Benefit
  • Portfolio Management
    • -Individuals and/or Small Businesses
    • -Businesses or Institutional Clients
  • Accounting & Tax

  • Legal
    • -Legal Planning
    • -Legal Advice
  • Other
    • -Selection of Other Advisors

Funds

Funds Used With Clients

There are no funds listed for this advisor at this time.

Firm Client types

There is no client type data to display at this time.

Qualifications

Experience

No timeline events available.
Employer Years Dates
Retirement Wealth Advisors 3 years, 11 months May 2016 - Present
Global Financial Private Capital, LLC 5 years, 8 months Sep 2010 - May 2016
Partners for Prosperity, Inc. 6 years, 4 months Jan 2010 - May 2016
Advanced Capital Group 15 years, 4 months Dec 2004 - Present
Gina Wells Financial Services 25 years, 7 months Sep 1994 - Present

Designations & Memberships

  • Chartered Financial Consultant
    Designation
    Chartered Financial Consultant
    Invididuals holding this designation understand the fundamentals of financial planning, including income tax, insurance, investment and estate planning.
  • Chartered Life Underwriter
    Designation
    Chartered Life Underwriter
    A prestigious certification for advisors, designees are exposed to nearly 100 topics on integrated financial planning. Major topics include, but not limited to: insurance, employee benefits, securities, state and federal tax, estate tax and planning, asset protection, etc.

Articles and Answers

Insights by Gina Wells

Pay Cash or Borrow
Published 2012-01-24 13:46:54
    *Articles are published by advisors without compensation.

    Answers

    Ask a financial questionAsk a question
    Can I borrow from my 401k to buy a house?
    Some typical factors would be 1) does your plan allow for loans; 2) what are the terms of repayment; 3) are the less expensive areas to borrow from; 4) can you repay the loan if you lose your job. When you "borrow" from your 401k, you are "leveraging" the amount you have in the plan, hence, most pla...  (more)
    Answered Jan 2012
    I'm in my 30s. What amount should I be saving?
    That depends on what you want to spend money on in the future. Eighteen months is great to be sure you can pay the mortgage, car payment, and lifestyle expenses in the event of a lack of cash flow; the bigger question is what do you need to spend money on in the next two to five years and beyond. ...  (more)
    Answered Jan 2012
    Where to put my retirement money, at the age of retirement.
    Hi Rita,Congratuations on your retirement. To preserve your $60,000, and if this is the only money you have to work with, consider an immediate annuity where your beneficiaries receive whatever you have not received from the $60,000 - if you outlive the annuity, it will pay the monthly income bene...  (more)
    Answered May 2013
    What is the cash value of my account if i were to draw the entire amount out now?
    I assume you mean the cash value of a life insurance policy. Drawing all the "cash" from any cash accumulation account will leave you nothing. Having the ability to borrow from the insurance company against your cash value may be an option for you if you plan to repay those dollars so you can use ...  (more)
    Answered Jan 2012
    Can you explain the difference between a Roth 401k and a Roth IRA and what someone should consider when deciding between the two as a primary retirement tool?
    Hi Jenna from Boston,You have some great answers here. Sometimes I'm torn to answer questions because it truly is what I refer to as sound bite financial planning. If you have the opportunity to sit down with an advisor who can look over your current situation, income, spending, savings - then ou...  (more)
    Answered May 2013
    I am interested in Stable value funds. When compared to bonds they seem to over competitive rates (2-3 %) and avoid the rising interest problem. I see that some companies have liguidated their funds recently (schwab). What can you tell me?
    Past performance does not guarantee future results. Focus on reducing the cost of your cash flow and building accessible pools of money in a variety of areas (equity, real estate, bank funds, qualified and non-qualified assets, cash value, etc). The question really is - what is the COST to use you...  (more)
    Answered May 2013
    My wife and I have about $240,000 in 401k, $40,000 equity in our second house (which we rent out for close to mortgage costs), and I am 46 and she is 44. What else can we do to maximize our ability to retire at 60 at close to 100k per year in today's $?
    Hi Rick,There are so many moving pegs in your question that a sound bite answer here will be tough. Getting the best rate of return on investments is not always the solution for every client I represent. Having the ability to get a guaranteed stream of income is important. This will take some ed...  (more)
    Answered Jul 2013
    How do I look at my own personal 401K plan with Cornerstone healthCare?
    Hello Melodie,The first step is to understand your personal planning. What are your goals, your cash flow. If the company offers a match, when will their contributions on your behalf be vested (meaning if you work for them for the time envelop allowed in the plan, for example seven years, then you...  (more)
    Answered May 2013
    My insurance agent says their are no fees for the investment products he wants to sell me.  How can he make a living if the products he sells don't have fees?
    Hi Toni,All good answers above. Remember, every dollar you place somewhere has a cost associated with it, nothing is free. You used the word "sell," everything is for sale, the real question is what is it you want to buy and for what reason are you making the commitment. Your personal commitment...  (more)
    Answered May 2013
    My wife and i are looking at buying a new house. With the birth of another baby, we have decided that we need more room in the house. I have heard that i can take out a some money from my 401k for a down payment. Would this be a loan that i would have to pay back in 5 years? Are there any penalties?
    Hi Brian, again Congratulations on the baby! All of the answers above are great - and I agree with all of them - especially the advice to work with a qualified individual who will work with you to build a sound financial future. In the event the only way to do what you want to do with regard to b...  (more)
    Answered Aug 2013
    I am 70 years old, have $500,000 in savings, receive $1352 net SS. I will soon need a new smaller house that I would like to buy with down payment and financing. How much can I withdraw annually for the rest of my life with this scenario.
    Hi Gloria,The best advice has been written more than once above, seek the advice of an elder planning attorney in your county where you reside. Good luck to you and best wishes....  (more)
    Answered May 2013
    How do I get the forms to take out a loan from my plan? Thanks, Dave?
    Hi Dave,Are you talking about your 401k plan at work? If so, your plan administrator can help you and/or if you logon to your account, you may be able to order it online. You may also call your service provider for assistance. Prior to taking a 401k loan, please look for alternatives with regard...  (more)
    Answered Aug 2013
    Is my 401k subject to division in a divorce settlement in the state of Louisiana?
    The first answer to the question is to contact the attorney you worked with in Louisiana to direct you on what your judgment of divorce defined at the time of the actual divorce. Most divorce settlements are confirmed in a Divorce Judgment which defines who ends up with what asset. If in fact, it ...  (more)
    Answered May 2013
      *Answers are submitted by advisors without compensation.

      Licenses & Conducts

      SEC
      U.S. Securities and Exchange Commission
      • license status
        Registered
      • disclosures
        None
      • as of date
        Mar 11, 2020
      FINRA
      FINRA
      • license status
        Not registered
      • disclosures
        None
      • as of date
        Dec 27, 2019
      Review the status and details of the disclosures noted above using the SEC's Investment Advisor Public Disclosure website:

      Assets

      Retirement Wealth Advisors, Inc.

      Last updated on Sept. 20, 2019
        • $2.0B
          Total Assets Under Management
        • N/A
          Total Assets Under Advisement
        • 17K
          Accounts
        • $118.5K
          Estimated Average Account Balance

      Fees

      Types of Compensation Arrangements