In today’s unpredictable financial world, Frank Baumgartner has carved a unique path for those seeking financial security and peace of mind in retirement. With a wealth of experience spanning multiple industries, from oil and gas to real estate and insurance, Frank’s journey is not only about personal success but also about empowering others to secure their financial futures.
Frank’s career in the financial services sector began after his two-decade-long stint as a geologist, during which he experienced the volatility of the oil industry firsthand. As oil prices fluctuated, Frank sought new opportunities and transitioned into the financial world. Starting as a stockbroker with PaineWebber, which later merged into UBS, he spent five years in the stock market before venturing into the mortgage industry. After nearly two decades in mortgages, Frank turned his focus to insurance, first specializing in Medicare and then expanding to retirement planning.
This journey was driven by a desire to help others, especially those close to retirement, avoid the same pitfalls he saw his friends and colleagues endure. “I want to help people build their wealth and save on taxes, ensuring they can live comfortably in retirement,” Frank explains. Now, at 67, he is dedicated to helping people leverage tax-free strategies to maximize their retirement funds.
Through his work with X1 Financial, Frank has embraced the philosophy of eliminating risks, fees, and taxes (ERFT) for his clients. This strategy ensures that his clients’ wealth grows without the burdens of market volatility or excessive taxes. Frank emphasizes that traditional retirement plans, like 401(k)s and IRAs, were never designed to withstand market ups and downs. “These plans can lose money during market downturns,” he points out. “But with the right strategies, you can save more for retirement by taking Uncle Sam out of the equation.”
Frank’s work is driven by a core belief in honesty and integrity. His mission is clear: to provide people with strategies that allow them to retire comfortably and tax-free. He helps his clients navigate the complexities of financial planning and retirement, ensuring that their wealth works for them, not against them.
In 2025, Frank authored and published a book on Medicare and Social Security, further solidifying his expertise in retirement planning. This book serves as a comprehensive guide for individuals looking to navigate the complexities of these essential benefits.
Over the years, Frank has built a substantial book of business, particularly in the Medicare sector. While he is relatively new to retirement consulting, Frank’s impact on his clients has been undeniable. He provides his clients with the comfort and satisfaction that they can retire without the looming worry of taxes and market volatility.
One of Frank’s key milestones was finding X1 Financial as his mentor. This partnership has allowed him to deepen his expertise and continue helping his clients reach their retirement goals. “It’s all about giving people a sense of security,” says Frank. “The thought of my clients enjoying tax-free growth and being able to take income tax-free is what motivates me every day.”
Frank’s vision for his business is simple: help as many individuals and families as possible reach their retirement dreams the right way. “The landscape of financial services is always changing, but people will always need guidance from someone they trust,” Frank says. He is committed to adapting to the changing financial landscape while continuing to help his clients grow their wealth and achieve financial independence.
In the next five years, Frank hopes to reach even more individuals and families, making sure they are equipped with the tools and knowledge needed to retire comfortably and securely. On a personal level, Frank looks forward to improving his golf game and spending quality time with his family.
For Frank, success isn’t measured by the size of his business but by the number of lives he touches. “I want to help people build a future they can be proud of,” he says. As a trusted financial advisor, Frank Baumgartner is committed to providing clients with transparent, personalized financial strategies that prioritize their future success.
If you’re ready to stop worrying about your financial future and start building the retirement you deserve, Frank is here to help. His expertise, paired with his passion for helping others, makes him the ideal partner to guide you toward financial peace and success.
