Structured Income Plan: Our conversation will start at the bottom of the pyramid. What is the single most important thing to have in retirement – a secure income. After accounting for Social Security and pensions, the rest of that money needs to come from your savings. We believe that investing for income requires a conservative approach and specific strategies.
Estate Growth and Protection: The next level of investing could involve products and strategies that are part of a plan to reduce taxes, protect your estate for your surviving spouse, or effectively leverage the impact you have on your beneficiaries.
Managed Investments: We are now ready to look at other investment opportunities, add risk back to the portfolio, and take advantage of options that allow you to participate in the markets. The objective is to additional gains to fund an enhanced lifestyle and keep up with inflation.
Sequencing of Returns – the Biggest Risk in Retirement
Are your retirement savings at too much risk? There are so many good aggressive strategies to use for investing while you are still accumulating assets and saving in your 401k or IRA’s. But as this life savings gets closer to becoming your main source of income, too much risk can have a devastating impact. Sequencing of Returns is one of the biggest reasons that retirees had to change their lifestyle, go back to work, or declare bankruptcy. Contact us to do an evaluation of your current portfolio and see if you are at risk.
Managed Investment Accounts
Our investments are offered through Global Financial Private Capital, recognized by Forbes 50 as one of America’s top Wealth Managers. Institutional level wealth management offered to the individual investor.
A key professional partnership is Global Financial Private Capital. As Registered Investment Advisors, we have a fiduciary duty to you the client to ensure that the investments we recommend meet your personal financial objectives while offering the most cost-effective products available. Global provides that platform as institutional level investors, and with over three billion dollars in managed assets, the costs associated with investing are at wholesale levels, savings that are passed on to you.
DIAS – Dynamic Investment Allocation Strategy is a process that our investment management team uses to systematically evaluate the various asset classes, and the choices within them, looking to take the roller coaster behavior out of the investing experience.
More importantly, the extensive financial planning experience and world-class money management capabilities offered through our extended team at Global, means you have access to a diversified array of appropriate investments. Our chief financial officer Chris Bertelsen talks over and over about making the primary objective in the investment plan principal preservation.
Life Insurance and Annuities
Insuring your plan can play a vital part in protecting your loved ones. Two very effective ways of doing this are by using Life Insurance and Annuities
Life Insurance is traditionally thought of as providing money for your survivors when you die. But it can also be a very flexible tool that could be part of almost any Financial Plan.
- It can also provide tax-free income during your retirement
- It can protect your business, your assets and estate
- It can provide you with long term care insurance
- It bypasses probate thus providing your family with an immediate source of cash after you are gone.
Annuities can play an important role in your Financial Plan, especially for your retirement. They can be used to give you a steady stream of income throughout your retirement. But caution needs to be taken when deciding which of the vast array of products available you should use. Some will have unnecessary fees and there are subtle differences between contracts that can make a big difference to you.
- It can pay an income for life, no matter how long you live – pension replacement
- It can be used as a protected investment choice with returns similar to bonds
- It can grow at significant interest rates for either future income or death benefit
- It can be added to the plan to protect a survivors income after a spouse passes
We at Waterstone are licensed with over twenty carriers, each carefully chosen for their product selection and financial strength. A regular reassessment of those carriers takes place to make sure the best of new product features are available to you.