About
Solstice Financial Services
At Solstice Financial Services, we believe financial success begins with trust, meaningful relationships, and a personalized approach. We take the time to understand each client’s unique goals, values, and vision for the future, developing customized financial strategies that grow and adapt through every stage of life.
Our services extend far beyond investment management. We provide comprehensive financial planning, retirement income strategies, wealth management, and personalized guidance to help clients make informed decisions with confidence. We also assist individuals in navigating the complexities of Medicare enrollment and offer educational seminars on Medicare and Social Security, empowering clients with the knowledge they need to make confident healthcare and retirement decisions.
At Solstice Financial Services, integrity, transparency, and personalized service are at the heart of everything we do. Whether you’re building wealth, preparing for retirement, or making important Medicare and Social Security decisions, we’re committed to being your trusted partner every step of the way. Our goal is to provide objective advice, lasting relationships, and the confidence that comes from knowing you have a plan for today and the future.
Our Process
The Six Pillars of Your Financial Future
Six Fundamental Financial Planning Risks
These six key risk factors can impact your financial goals now and in the future. The question is not if these will affect your finances, but to what degree. We evaluate your sentiment toward each consideration and quantify the potential effects on your assets over time. This allows us to build customized strategies to help you achieve your financial objectives for retirement.
Longevity
Outliving financial assets as the result of a longer life.
Inflation
Reduction in real purchasing power as the result of increasing cost of living.
Mortality
Loss of financial assets as the result of a partner’s or spouse’s death.
Liquidity
Limited access to assets to meet life’s unexpected financial needs.
Market
Unexpected reduction in the value of financial assets at the time of withdrawal.
Taxes
Decreasing income and assets and/or the impairment of legacy assets from increasing taxes.
Solstice Financial Services
Meet Your Advisor
Michael Depot
President
Michael has over 14 years of experience in the insurance and investment industry, specializing in helping clients protect and grow their retirement savings while minimizing taxes and reducing the risk of outliving their assets. He is dedicated to providing personalized guidance designed to help individuals and families pursue greater financial confidence and security throughout retirement.
Before beginning his financial career, Michael played an important role in the success of his family’s fine jewelry business, where he developed a strong work ethic, attention to detail, and a deep commitment to exceptional client service. These values continue to shape his approach as a trusted advisor.
Michael works closely with clients to navigate the complexities of Medicare insurance and to prepare for the important transition from employment to retirement. Through thoughtful planning and personalized strategies, he helps clients make informed decisions that support their long-term financial goals.
Outside of his professional life, Michael has been married for 24 years and is the proud father of four children. He enjoys coaching lacrosse, playing golf with his children, gardening, and making wine. His diverse experiences, both professionally and personally, allow him to provide thoughtful, well-rounded financial guidance to individuals and families as they prepare for and enjoy retirement.
Learn More About
Our Financial Solutions
Medicare Planning
- Solutions for Expenses Not Covered by Medicare
- Healthcare Expense Planning
- Federal Health Insurance Integration
Tax Planning
- Tax-Deferred Options
- Tax-Free/Advantaged Options
- Roth IRA Conversions
Asset Protection
- Comprehensive Asset Protection Strategies
- Wealth Preservation Solutions
- Financial Security Planning
Retirement Income Planning
- Maximize Social Security Benefits
- Maximize Pension Benefits
- Guaranteed Lifetime Income Options
Healthcare Planning
- Long-Term Care Planning
- Health Insurance
- Medicare/Medigap
Download Our Guides
Navigating Medicare & Medigap Insurance
Don’t Overpay for Coverage: Your Roadmap to Navigating Medicare
Healthcare can be pricey, but did you know it could be one of your largest retirement expenses? An average 65-year-old retiring today will need an estimated $165,000 to cover their healthcare costs, according to one study. Unfortunately, the Medicare system can be quite complex. And while you might be tempted to rely on assistance from Medicare, it may not cover everything you need.
The Long-Term Care Guide
A Short Introduction to Long-Term Care
If you know someone who takes care of their parents or if you’ve done it yourself, you know how stressful it can be. Now, think about a time when you might need that same care. That’s why having a long-term care strategy can help give you and your family peace of mind and help lessen the burden of an unexpected expense.
Browse Our Blog
Rethinking the Million-Dollar Retirement Benchmark
If you search for retirement advice online, you’ll often find that $1,000,000 seems to be a recurring target number. But is that a goal you should be saving for, or is it outdated advice? Q: Where did the $1 million retirement benchmark come from? A: Historically, $1 million became the goal when it was popularized alongside the 4% Rule in what is known as the Trinity [...]
Trump Accounts: Building Wealth for the Next Generation
As a parent, you might be looking for ways to provide for your children’s long-term financial goals. You may [...]
How Home Sales Are Taxed: What Every Homeowner Should Know
Selling a home is a significant financial event, and understanding the tax implications can help homeowners protect their profit and [...]
Income Tax vs. Capital Gains Tax: What’s the Difference?
Understanding the difference between income tax and capital gains tax is a key part of smart financial planning. While both [...]
Financial Calculators
PLEASE NOTE: The information being provided is strictly as a courtesy. We make no representation as to the completeness or accuracy of information provided via these calculators. Nor is the company liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third-party technologies, information and programs made available through the use of these calculators.
