CALL TODAY: (800) 990-7344 (661) 753-9683
Our TEAM will keep it simple for you.
We believe our clients want protection of their principal!
We will evaluate your needs and offer you potential solutions!
Your financial future doesn't have to be complicated!
Weekly Commentary Presented By: Arif Halaby
As this week’s article reminds us, “The retirement landscape is shifting, and it’s important to understand what you need to do to ensure your retirement savings is secured.” It can be daunting trying to learn how to accomplish this goal, along with understanding what your options are that might help you along the way. Indexed Annuities can play a role in your retirement planning. Call us so we can help you to understand this important option. We are always here to help.
Click Here to Read Full Article
I enjoyed this week’s article because I’ve always been one to love traveling and it spoke about research that “reveals Americans are not saving adequately for travel in retirement despite its positive effects on the healthy aging process.” It’s easy to get caught up in thinking about what we will need as we grow older, and to forget that providing for what we enjoy can be just as important for a long and healthy life. Indexed Annuities may help you to do that by providing an additional income stream, and one that you can’t outlive. Call us to discuss your options. We’d love to hear from you.
This week’s article tells us something we’ve known for a while, that “In order to be prepared for a long and fulfilling future with your mate, it’s important to plan for the quality of life you want in retirement.” As the article explains, this is not always easy to do during uncertain times when protection from stock market volatility is important. “Money savvy couples who are looking for smart retirement solutions and more control of their long-term finances will recognize the important role that fixed indexed annuities (FIAs) play in any balanced financial plan for their future.” The author has found “that fixed indexed annuities offer certainty during uncertain times that other financial products cannot because they provide protection from stock market volatility, offer guaranteed interest and income, and also provide the opportunity for additional interest when markets are up.” If these objectives are similar to yours, call us to discuss some options that may be available to you.
“Retirement is a goal to be relished, not dreaded. Yet for many people, thinking about retirement can be overwhelming. Am I saving enough? When can I afford to stop working? How long will my money last?” These are all thoughts that this week’s article refers to. Saving enough to retire when you want to can be difficult, especially when one fears outliving their income. Did you know that there are ways to obtain income that you can’t outlive? Call us so that we can explain options to you that you may not be aware of, and let us help you plan for your retirement.
“Because we're living longer, we can't think of retirement in a traditional way.” This was one of the sentences from this week’s article that caught my eye, especially when the article went on to say “ individuals must take personal responsibility for their financial security as they age. We must plan to work longer and save more, and to ensure that our savings, combined with government pensions, provide us adequate income until the end of our life. Whether you're 70 or 17, demographic trends show you have a long life ahead, and it's never too soon to prepare for the future.” That life should be as financially stress free as possible. Call us, we’re here to help you with your retirement planning.
“Since 2008, the financial atmosphere around the world has been in constant change. The 2008 downturn experienced in the United States has been followed by a rollercoaster-like recovery period” These words in this week’s article caught my attention as I reflected on the questions that seniors continue to ask about how to plan for their retirement, what can be done to help rebuild their savings, and overall what they can do to feel good about their retirement strategies. The answers to these questions are based on individual situations, circumstances and goals, so call us if you’d like to talk about your retirement plans. We’re here to help.
The Society of Actuaries, who are leading professionals in the measurement of risk in problems involving uncertain future events, such as the unknown of how long we each will live, has issued a very interesting paper that I wanted to share with you. The paper states that “approximately half of all individuals will exceed average life expectancy, so they should not be planning their finances based on these averages. It is essential that individuals understand their full expected lifespan in order to have a long enough planning horizon. This concept, coupled with the fact that population life-spans are increasing and each person’s life expectancy is constantly moving further into the future, strengthens the rationale for individuals to consider annuities or other guaranteed lifetime income options.” Have you considered Annuities as part of your retirement planning? Call us to discuss how this option might relate to you.
There are many articles which discuss the idea that retirees should have a financial situation where we have income and where our assets have value. However, as today’s web site articles discuss, there remains an increasing possibility that we could be that person who lives 10 years or more beyond the typical life expectancy, or beyond that which we have planned for. What do we do then, to deal with this longevity risk? Call us to discuss what options may be available for you in your retirement planning. We’re here to help.
I thought you would appreciate the way that this week’s article explained what an Annuity is. It states ‘An annuity is sometimes referred to as “the opposite of life insurance.” Annuities insure against the risk of life, or living too long; the insured person receives a stream of income they cannot outlive from the insurance company.” Who amongst us wants to think of living too long as a risk? I know that I don’t want to. Call us, we’re here to help you find alternatives to income streams that may help you feel comfortable with the prospect of living a very long time!
If you are like me, you feel more comfortable after you’ve put pen to paper and written various numerical expectations you may have regarding your desired retirement age, your life expectancy and the income you will need to replace at retirement. The next thing to do is to put those numbers into a formula that can help you see some of your retirement deficiencies. To help you do this, I found a fill in the blank chart that helps you see the effect that changing some of those figures may make in your retirement planning. Call me when you get a moment and we can discuss some options that may help you achieve your retirement goals.
This week’s article caught my attention because it spoke about how our lives are driven by good and bad habits, and how most resolutions people make to try to encourage the good habits and limit the bad end up focusing on “finding short-term fixes to long-term problems, which is generally a recipe for failure”. We agree with the author who writes that ‘These temporary band-aids can actually produce more problems down the line….and it is best to habitually seek solutions that will produce lasting results.” These are exactly the kind of solutions we like to help people find. Call us, we’re here to work with you to create a sustainable retirement plan.
After we’ve adjusted our retirement plans to take into account economic uncertainty and market volatility, we learn in this week’s article that “few recognize that an even bigger threat to their retirement nest egg is unrealistic expectations”. An unexpected earlier than planned retirement, living more years, and having our lifestyle change during post working years are examples of situations where our expectations can be different. Call us to discuss what options are available to you. We’re here to help.
This week’s article referenced a study conducted by “The National Institute on Retirement Security” which concluded that Americans are trillions short of what they need to have saved for a comfortable retirement. The article states this is due to many having “lost their jobs in the aftermath of the Great Recession”, not having begun to save for retirement, or to their wages not having increased over that six year period. How can you determine how this affects you and your family? The article suggests you update your calculations and offers out a way to do that. When you are finished, call us. We’re here to tell you about some options for keeping that principal protected..
This week’s article raised a concern that not many of us want or plan for. It said “Gone are the days of pensions, a career ending in one’s early sixties and growing old with one’s spouse. Now Boomers are faced with possible shortfalls in social security and 401(k) s, longer years in the workforce, and…divorce?” The point this comment makes is we can never anticipate every curve ball that life will throw us, but what we can do is look for solutions to the negative effect that these events can have on our finances. Call us; we’re here to help you find solutions for your retirement that you can count on.
When I saw this short video I thought to share it with you. While easy to laugh along in the end, the situation is a far cry from being funny. We believe that planning for retirement is a serious endeavor, and has never been as important as it is today. Our retirement strategies offer out options that will help you feel good about your retirement strategies. We are here to help you take action now to create a plan that doesn’t rely on your family or loved ones helping you through your retirement years. There are alternatives which can provide an income you can’t outlive, and which don’t rely on the benevolence of other family members. Call us so that we can review what options are available to you. We’re here to help.
“The world of retirement planning is on the precipice of a new reality.” I thought these words worth noting on the eve of this New Year. This week’s in depth article discusses the combination of unpredictable markets, uncertainty about Social Security and longer life expectancies and informs us that “Americans face an era of transformation with a new emphasis on guaranteed income as they prepare for retirement.” We too believe there is a need for a guaranteed income as we prepare for retirement. Call us; we’re here to help you in the New Year, just as we have in the past. Happy Holidays.
This week I thought you might enjoy learning more about a product that offers “steady, predictable interest for a specified period of time”, and “which can grow tax-deferred, protect a portion of your retirement savings, provide some income in retirement – for the rest of your life, if you choose, and let you transfer some wealth to your beneficiaries”. After you’ve read this week’s article, call us. We’re here to discuss how we might help you feel more confident about your retirement savings strategies.
This week’s article aptly describes those in the 50 + age bracket as being ‘in the middle’, meaning they are fulfilling increasing demands on their time and finances from both adult children and their aging parents. The report indicates that six in 10 Americans past the age of 50 provide financial support to adult family members. “Confronted with the reality of having to provide for a family member, the rate of those 50-plus who feel financially ready for retirement plummets from 33 percent to 9 percent.” CNN reports. “With these staggering statistics, it’s important for those approaching retirement to consider added expenses in their financial plan. Fixed indexed annuities offer one way to supplement traditional retirement plans by ensuring a stream of guaranteed income.” Call us if you would like to discuss this option, we are here to help.
This week’s article spoke about Jean Chatzky, the financial editor for NBC’s Today Show, and wrote how the financial editor “offered some insight into how deferred annuity products like indexed annuities are poised to make a difference in the financial future of a class of retirees facing a number of unique issues such as increased longevity and insecurity in pensions and social security.” The article also quoted Suze Orman as “singing the praises of indexed annuities as a way to shield your retirement nest egg from market volatility for some time”, and how Orman has written that “if you don’t want to take risk but still want to play the stock market, a good index annuity might be right for you.” We’ve been thinking these same thoughts for a long time. Call us if you’d like to talk about these ideas and more. We’re here to help.
“Since the United States stock market collapse of 2008, millions of Americans have seen their retirement savings dwindle. Many of these savers had their nest eggs exposed to the equities markets, and have subsequently suffered two periods of extreme losses in one decade. As a result, “safe money places” are getting a lot of attention. So, what are safe money places?” This week’s article tells us that “Safe money places are vehicles that are used for the money that you cannot afford to lose; they’re products that provide peace of mind, knowing that your principal is protected from loss as a result of market fluctuations.” The article goes on to tell us that a “true example” of this kind of product is a Fixed or Indexed Annuity. Call us if you are looking to put some or more of your money into a “safe money place.” We’re here to help.
Page 1 of 6
Listen to Arif M. Halaby on:
Click Here for Podcasts!
Keep Updated about new
Frauds & Scams
Need Bankruptcy Answers?
We have 11 guests and no members online
If just one of these items are a concern you need to call us NOW at (661) 753-9683.
Seminar Schedule Click Here