Garza Financial Inc (DBA: Michael Garza Insurance Services)

Products And Services

• Retirement & Investment Planning

  Retirement and investment planning is one of the most important steps you can take to build a secure and financially confident future. At Garza Financial Inc, we believe retirement should be about more than just stopping work—it should be about living the life you've envisioned. Whether you're decades away from retirement or preparing to exit the workforce soon, our personalized approach helps you take control of your financial journey. Our Retirement & Investment Planning services are designed to meet you where you are today and guide you toward where you want to be tomorrow. We help individuals, couples, and families create flexible, goals-based financial strategies that reflect their current lifestyle, income, assets, and long-term objectives. Our mission is to simplify the process, reduce your stress, and help you make informed decisions every step of the way. What We Help With: Retirement Goal Setting: We help you define what retirement means to you—whether it's travel, a second career, family time, or simply peace of mind—and calculate how much you'll need to make that happen. Savings Plan Design: We'll help you develop a plan that balances growth with stability, aligning with your time horizon and risk tolerance. This may include contributing to employer-sponsored 401(k) plans, IRAs, Roth IRAs, or taxable brokerage accounts. Investment Strategy: Together, we build a diversified investment portfolio using a mix of asset classes (stocks, bonds, mutual funds, annuities, and other options) tailored to your risk profile and financial goals. Risk Management: Planning for retirement also means protecting your assets. We'll evaluate life insurance, long-term care options, and annuity products that provide guaranteed income and financial protection throughout retirement. Social Security & Income Planning: We help you understand when and how to file for Social Security benefits and how to structure your income streams—from personal savings, pensions, annuities, and other accounts—so you never run out of money in retirement. Tax-Efficient Strategies: Our approach includes tax-aware strategies to help you keep more of what you’ve earned, with guidance on Roth conversions, tax-loss harvesting, and withdrawal sequencing. Ongoing Adjustments: Life changes—and so should your financial plan. We meet with you regularly to review and adjust your retirement plan to reflect changes in income, expenses, goals, or market conditions. Who We Work With: First-time investors seeking guidance on where to start. Working professionals who want to optimize their employer-sponsored plans and outside investments. Pre-retirees who want to run projections and make the final push. Retirees who want to ensure their nest egg lasts, adjust to fixed income, or leave a financial legacy. Business owners looking to exit with a succession or sale strategy and secure their own retirement. Our Difference: What sets Garza Financial Inc apart is our focus on education, transparency, and local service. We don't just give you paperwork—we give you the knowledge and tools to feel empowered about your future. Our partnership with Allstate gives us access to nationally trusted financial products while keeping our service delivery personalized and community-focused right here in Bakersfield, CA. This isn't one-size-fits-all advice from a call center. This is personalized, face-to-face planning that puts your goals at the center of everything we do. No pressure. No hidden fees. Just professional guidance from someone who cares about helping you prepare and protect what matters. Ready to Take Control of Your Financial Future? Let’s build your roadmap together. Call us today at (661) 589-5404 or visit our office at 5100 California Ave, Suite 108, Bakersfield, CA 93309 to schedule your complimentary retirement and investment consultation. Whether you’re just starting out or need a second opinion, we’re here to help you make confident financial decisions.

  Link: Retirement & Investment Planning

• Life Insurance with Living Benefits

  Life insurance is more than a death benefit—it’s a living financial tool designed to support your goals today while protecting your loved ones tomorrow. At Garza Financial Inc, we offer life insurance options that include powerful living benefits, giving you the flexibility to use your policy when life takes an unexpected turn. Whether you're building a family, buying a home, managing debt, or planning a legacy, life insurance with living benefits provides peace of mind and financial freedom through every stage of life. Many people think of life insurance as something that only helps after they’re gone. The truth is, modern life insurance policies can be used while you're alive—offering access to cash value, protection against critical illness, and income flexibility when you need it most. It’s financial protection that evolves with you. Key Features of Our Life Insurance with Living Benefits: Permanent Life Insurance Options We offer whole life, universal life, and variable universal life policies that build cash value over time. This allows you to access funds for emergencies, college expenses, business investments, or supplementing retirement income. Living Benefit Riders Add-on features like accelerated death benefits allow you to access part of your policy’s value if you’re diagnosed with a critical, chronic, or terminal illness. These funds can be used to cover medical costs, home care, or replace lost income. Tax-Deferred Growth Cash value inside a permanent policy grows tax-deferred, which means you can potentially grow your savings faster and access it without triggering immediate tax penalties when structured properly. Loan Options Against Cash Value Use your life insurance policy as a financial resource without affecting your credit. Policy loans allow you to borrow from your own policy, often at favorable rates, while keeping your plan intact. Flexible Premium Options Universal life policies allow for adjustable premiums and death benefits, making it easier to adapt your plan as your financial situation changes. Who Should Consider Life Insurance with Living Benefits? Young professionals looking to lock in low rates while building early financial security. Parents who want to protect their children's futures while also having access to funds for major life expenses. Business owners who may need liquidity or want to fund buy-sell agreements. Individuals planning for retirement who want additional tools for tax-advantaged income. Families with a history of chronic illness who want financial resources in case of unexpected medical events. What Makes Garza Financial Inc Different? We know that choosing a life insurance policy can feel overwhelming. That’s why we take the time to listen, explain, and help you choose the right coverage—without the pressure. We offer policies under the Allstate brand with a local, relationship-first approach you won’t find from a 1-800 number or a faceless website. Our team works with you to determine the right policy type, coverage level, and benefit structure for your life. Whether you’re looking for basic protection or a flexible financial asset that works for you now and in the future, we’ll walk you through your options in plain English. We also review your coverage regularly to ensure it still fits your needs as your life changes—whether it’s a new child, a home purchase, a marriage, or retirement planning. We're here to grow with you and help you stay prepared through every chapter. Secure the Future While Supporting Your Present. Visit our Bakersfield office or call (661) 589-5404 to schedule a personalized life insurance consultation. We’ll help you understand your options, maximize your benefits, and build a plan that protects the people you love and supports the life you’re building now.

  Link: Life Insurance with Living Benefits

• Annuities

  Annuities are one of the most effective tools for creating guaranteed income during retirement—and at Garza Financial Inc, we make understanding them simple. Whether you're concerned about outliving your savings, want to preserve principal, or need a tax-deferred way to grow assets, annuities can offer the financial stability and confidence you’re looking for. Unlike traditional investment accounts that can fluctuate with market risk, certain types of annuities offer consistent, dependable income for life. They can supplement Social Security, pensions, or other retirement savings—and serve as a powerful component of a well-rounded financial plan. We offer a wide range of annuity products backed by Allstate’s trusted reputation, including fixed, indexed, and immediate annuities—each designed to meet different financial needs, risk profiles, and retirement timelines. Types of Annuities We Offer: Fixed Annuities A conservative option that guarantees a fixed interest rate for a specific period. Ideal for clients who want stable, predictable growth without market exposure. Fixed Indexed Annuities (FIA) These annuities offer the opportunity for interest growth linked to a market index (like the S&P 500) while protecting your principal from losses. You can benefit from market gains without the downside risk. Immediate Annuities Convert a lump sum into a guaranteed stream of income that begins almost immediately. Great for retirees who want to begin drawing income now and ensure they’ll never outlive their funds. Deferred Income Annuities These annuities allow you to make one or multiple payments over time, with income that begins at a later date. Perfect for long-term planners who want to set themselves up with future income. Common Annuity Benefits: Guaranteed Lifetime Income With annuities, you can choose options that provide income for life—no matter how long you live. This helps eliminate the fear of outliving your savings in retirement. Tax-Deferred Growth Money invested in an annuity grows tax-deferred until withdrawn. This allows your funds to potentially compound faster, especially if you don't need immediate access. Principal Protection Many annuities offer protection of your initial investment. Even in volatile markets, your money can remain safe and continue to earn interest (depending on the annuity type). Optional Riders Add features like inflation protection, spousal continuation, or enhanced death benefits to customize your annuity to your needs and those of your loved ones. Who Benefits Most from Annuities? Pre-retirees who want to lock in guaranteed income for future years Retirees seeking to supplement Social Security or pension income Individuals with low-risk tolerance who want steady, tax-advantaged growth Business owners looking to convert business sale proceeds into retirement income Anyone concerned about market volatility or longevity risk Why Work With Garza Financial Inc? We take a hands-on, personalized approach to annuity planning. We don't sell products—we build solutions. Our consultations include a full review of your goals, current savings, risk tolerance, and retirement income needs. We’ll walk you through every option in plain terms and compare annuity features so you know exactly what you're getting. We also believe annuities should work in harmony with the rest of your financial plan. That’s why we coordinate annuity solutions alongside your existing retirement accounts, insurance, and investment portfolio for a complete financial picture. Everything we do is based on transparency, trust, and what’s best for your future—not commissions or quotas. Let’s Turn Your Savings Into Sustainable Income. Call Garza Financial Inc at (661) 589-5404 or visit us at 5100 California Ave, Suite 108, Bakersfield, CA 93309 to schedule a complimentary annuity consultation. We’ll help you understand your options and build a dependable income stream that supports your retirement goals for life.

  Link: Annuities

• Education Savings Plans

  Investing in a child’s education is one of the most meaningful financial decisions a family can make. At Garza Financial Inc, we help parents, grandparents, and guardians create customized education savings strategies that make higher education more affordable—and far less stressful. Whether you're saving for college, vocational training, or even private K–12 tuition, we offer flexible, tax-advantaged options designed to grow with your student and your financial goals. As an Allstate agency, we combine trusted national tools with local guidance, providing you with a personalized roadmap that makes sense for your budget and your timeline. Education costs are rising, but that doesn't mean they have to be out of reach. With the right plan in place, you can start early, build consistently, and give your child or grandchild a strong financial foundation for the future. Our Education Savings Solutions Include: 529 College Savings Plans A 529 plan is a state-sponsored investment account specifically designed for education expenses. Contributions grow tax-deferred, and withdrawals are tax-free when used for qualified education costs like tuition, books, fees, and room and board. We help you compare plans, choose the right investment options, and determine contribution strategies that fit your household. Coverdell Education Savings Accounts (ESAs) An alternative to 529s for families seeking additional flexibility, ESAs can be used for both college and K–12 expenses. We walk you through eligibility, contribution limits, and qualified use rules so you can make the most of this powerful savings tool. Permanent Life Insurance for Education Planning Cash value life insurance policies (like whole or universal life) can serve a dual purpose: protecting your family and funding future education costs. We help you understand how to structure policies that accumulate tax-deferred value, which can later be accessed to help pay for tuition or other major expenses—without impacting financial aid eligibility. Custodial Accounts (UGMA/UTMA) These accounts allow adults to save and invest on behalf of a minor. While not tax-advantaged like 529s, they provide maximum flexibility in how funds can be used. We help you weigh the pros and cons based on your goals and your child’s potential needs. What We Help You Do: Calculate projected college costs based on age, inflation, and type of school (in-state, out-of-state, private, trade). Choose the right savings vehicle based on your goals, timeline, tax situation, and control preferences. Set up automated contributions to build savings consistently, even with a modest monthly budget. Monitor investment growth and make adjustments as needed to keep your plan on track. Understand financial aid implications so your savings don’t unintentionally reduce eligibility. Integrate education savings into your broader financial plan so you’re balancing multiple goals with confidence. Who Should Consider an Education Savings Plan? New parents or expecting parents who want to start early and build a strong foundation. Grandparents who want to contribute toward a grandchild’s future. Families with multiple children who need flexible options for different academic paths. Anyone who wants to reduce future student debt burdens for their loved ones. Why Work With Garza Financial Inc? We’re not just here to sell you a savings account—we’re here to help you build a future. Our team takes the time to understand your family’s values, your student’s dreams, and your financial reality. Whether you’re starting small or funding a full degree, we offer practical, judgment-free guidance that helps you move forward with clarity and purpose. We also believe education planning should work in tandem with the rest of your financial goals. That’s why we integrate your savings strategy with your insurance coverage, retirement plans, and overall budget. The result is a balanced plan that gives you confidence today—and opportunities tomorrow. Start Saving Smarter Today. Visit Garza Financial Inc at 5100 California Ave, Suite 108 in Bakersfield, CA, or call (661) 589-5404 to schedule a free education planning consultation. Let’s turn hope into a plan and make your child’s educational future possible—one step at a time.

  Link: Education Savings Plans