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Fee-Only Financial Planning to Align Your Money with Your Values

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About

Fee Only

There are no backdoor commissions or hidden costs associated with my service. Clients will never be sold a product, and I never collect a commission. 

Independent

Unlike 90% of financial advisors, I'm not associated with any financial company or broker dealer, so I give you straightforward and unbiased advice.

Fiduciary 

Being a fiduciary for clients means that I am both morally and legally obligated to put my clients' best interests first. 

Comprehensive Financial Planner

The vast majority of "financial advisors" are simply salesmen or money mangers. At Baskin Financial Planning, I take a holistic wealth management  approach to every aspect of your financial well- being. 

 

Erik Baskin
Founder, Financial Planner

In 2018, after graduating the U.S. Air Force Academy, I began my professional career as a hospital administrator. As I was sitting in my apartment in Cheyenne, Wyoming I quickly realized that the military wasn't going to be a career for me. I knew that I wanted to start a business, I just didn't know what yet. For the next 9 months, I read business and entrepreneurship books and looked up business ideas online. One book in particular called the $100 Startup by Chris Guillebeau said that you should find something that people naturally come to you for, and something that you are passionate about. This was a lightbulb moment. For me, that thing has always been investing and personal finance. From there on out, I was dead set on building a financial planning firm to help people live their best life, and align their money with their values. I began building Baskin Financial Planning from the ground up, turning what began as a personal passion in financial planning and investment management into a business that was launched in 2021.  

 

When I'm not busy managing my clients’ portfolios and financial plans, I keep busy by spending time with my wife Shelley and my two Greyhounds Rafa and Poppy, working out, playing golf, hunting, going to country concerts, or reading a book on my favorite subject- personal finance. 

Education

- B.S., Economics, U.S. Air Force Academy

- MBA, Finance, University of Nebraska

- FINRA Series 65 Licensed

- Candidate for CFP® certification

Who I Serve

Military and Veterans

Being military owned and operated, I help Active Duty and Veterans navigate the very specific issues of military finance so that they can focus on the mission and their family.  

  • Should I separate, go into the reserves, or stay in for 20?  

  • Should I roll my TSP over? What funds should I be invested in? 

  • How do I know how much to withhold from my Base Pay in taxes?  

  • What do I need to do to financially prepare to deploy? 

  • What do I need to consider when I PCS? 

  • Should I buy a house with the VA loan? 

  • Should I buy or rent at my next duty station? 

  • Should I take the SBP?  

  • Should I have SGLI or do I need more insurance?  

  • What is the TRICARE benefit worth and which plan do I need? 

Working Professionals

Life gets complex for professionals with growing families and assets. I help them stay the course to financial freedom.  

  • Am I taking advantage of my employee benefits?  

  • How do I spend less and save more of my income?  

  • How do I weigh short-term goals such as a house down payment or a car against long-term goals?  

  • What do I do with my student loans?  

  • How do I plan for my child’s education? 

  • What insurance do I need?  

  • What retirement accounts should I be using and in what investments? 

  • Should I pay down my mortgage more aggressively? 

  • What do I do with my stock options? 

  • How do I make sure I am minimizing my tax bill? 

Retirees and Pre-Retirees

Those approaching or already in retirement have very specific needs. I help them determine the best way to create income, reduce taxes, and leave their legacy.  

  • How much do I need saved up to retire?  

  • How much can I withdraw from my accounts? What do I do when the market goes down?  

  • When do I withdraw social security? 

  • What will healthcare and long term care look like for me in retirement?  

  • How do I ensure my estate passes without going through probate and how do I minimize estate tax?  

  • Does a trust make sense?  

  • How do I pay the IRS on my terms and minimize my lifetime tax bill? 

  • Do I still need life and disability insurance? 

  • How do I give to charity in a tax efficient manner?  

 

Process

 

Sample One Page Plan

Sample One Page Plan

Service Calendar

Baskin Financial Planning Service Calendar
Image by Visual Stories || Micheile

Pricing

 
Image by Julian Hochgesang

Contact

erik@baskinfp.com  |  (719) 203-1462

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