Ohio

From the shores of Lake Erie to the rolling hills of southern Ohio, families across the Buckeye State trust Spicer Financial Group for clear, practical guidance on life insurance, retirement planning, and financial protection that fits real life. Whether you’re building a future in Columbus, settling down in Cincinnati, or enjoying life in Cleveland, our team is here to help you plan confidently for whatever comes next.

Serving these areas, and more:

  • Cleveland / Lakewood / Westlake

  • Columbus / Dublin / Westerville

  • Cincinnati / Mason / West Chester

  • Dayton / Kettering / Beavercreek

  • Toledo / Perrysburg / Maumee

  • Akron / Canton / Cuyahoga Falls

  • Lorain / Elyria / Sandusky

  • Youngstown / Warren

  • Athens / Southeastern OH

 Ohio Life & Financial Planning FAQs

Life Insurance in Ohio

  • Employer coverage is a good start, but it often covers only a fraction of what your family would actually need. A personal policy gives you full control over the amount and type of coverage, and it follows you no matter where your career takes you.

  • Enough to replace several years of income, pay off the mortgage, and cover major future costs like college or retirement. We’ll help you calculate the right amount for your goals and budget.

  • Ohio law gives you at least a 10-day “free look” period to review and cancel your new policy for a full refund. Insurance companies must also handle approved claims promptly and keep communication clear for policyholders and beneficiaries.

Retirement Planning in Ohio

  • Most people use a mix of 401(k)s, IRAs, and annuities to build long-term income. Ohio’s tax structure can also make it easier to plan; Social Security benefits aren’t taxed, and some retirement income may qualify for partial exemptions.

  • Ideally, now! Whether you’re just starting your career or thinking about slowing down, the sooner you plan, the more control you’ll have over your future income and lifestyle.

  • Absolutely! We’ll help you review your savings, project future income, and create a strategy to reach your goals.

Mortgage Protection in Ohio

  • It’s a life insurance policy designed to pay off your mortgage if you pass away, so your family can stay in the home without financial strain.

  • No, it’s optional. But many Ohio homeowners choose it to make sure their family’s biggest financial commitment is covered.

  • Yes! We’ll help you update your policy anytime your loan changes, so your protection always matches your mortgage.

College Funding Strategies in Ohio

  • Ohio’s 529 Plan (CollegeAdvantage) offers tax-free growth and potential state tax deductions. It’s one of the most flexible and popular tools for education savings in the state.

  • Yes! Anyone can make contributions. It’s a great way for family to support your child’s education and take advantage of the tax benefits.

  • You can transfer the funds to another family member or use them for trade or technical school expenses. Your savings stay useful, no matter what path your child takes.

Estate & Legacy Planning in Ohio

  • Estate planning focuses on protecting your assets and ensuring they’re passed on properly. Legacy planning is about the meaning behind it — how you want your wealth, values, and impact to live on.

  • Yes. Without one, Ohio law determines who inherits your assets, which might not reflect your wishes. Having a clear plan in place gives your family clarity and peace of mind.

  • It provides quick access to cash for your loved ones so they can cover taxes, debts, or expenses without selling assets under pressure. It’s often the cornerstone of a strong estate plan.

  • Not at all! Every Ohio family benefits from protecting what they’ve worked for, from a home and savings to family heirlooms and retirement accounts.

Debt Protection in Ohio

  • Debt protection helps pay off certain loans — like car loans, credit cards, or personal loans — if you pass away or become disabled. It keeps your loved ones from inheriting those obligations.

  • Life insurance covers your family’s broader financial needs. Debt protection zeroes in on specific loans. Many Ohio families use both for complete peace of mind.

  • Anyone with ongoing loans or shared debt, especially homeowners, parents, or single-income households.

  • No, it’s completely optional, but it’s an easy way to strengthen your financial safety net.

Income Protection in Ohio

  • It replaces part of your income if you can’t work due to illness or injury, helping you keep up with daily expenses while you recover.

  • Some do, but many employer plans only cover a small percentage of your income or last for a short period. A personal income protection plan helps close that gap.

  • It depends on your policy. Some cover a few years, others can last until retirement. We’ll help you choose the right fit for your budget and career.

  • Not usually. Rates vary based on your age, health, and job, but for most Ohio families, it’s an affordable way to protect your paycheck - your most important financial asset.