Our principal, James Gallagher, is helping to redefine a retirement income planning industry that is being hit by the perfect storm: The retiring baby boomer population, life expectancies dramatically increasing, near zero interest rates expected for years to come, an almost certain increase in potential inflation, and a volatile market being driven by the bond bubble.
James believes that retirement is far too important to be left to chance, it needs to be well designed and then tested to make sure you are protected.
As we complete each step together, your goals and objectives will become clearer, potential obstacles will be easier to understand, and your plan for retirement will continue to improve.
No matter where we are in the planning process, and even if you are already retired, the ultimate objective is to refine and enhance the way your assets are working for you, giving you greater confidence in the future.
The Fiscal Cliff of Retirement
We start by understanding how you define your retirement lifestyle.
Social Security & Income Optimization
This includes incomes such as Social Security, pensions, and annuities, getting the answers to questions like:
Tax Preparation & Planning
Federal and State Income Taxes can be a non-event for some, but a total shock for others. For tax preparation and planning, we take a look at:
Estate & Asset Protection
Estate planning is the process of figuring out what could go wrong - and then putting strategies in place to prepare for it.
This is an area underserved by advisors, yet bankruptcies amongst retirees is the fastest growing demographic in people suffering from financial collapse, almost 1 in 10 retirees.
Estate planning is not just for your children, it’s for your spouse, and it’s for you.
Don’t lose all you’ve earned over the years!
Investment Management
In the last step, we look at how best to allocate savings into the right investments to provide for your planned retirement.
Our team can help you understand investment philosophy and advice, including:
Asset Management and financial advice is very different when you are still working and in the accumulation phase, i.e. saving money.
There are many advisors who can do great allocation plans and give you solid investment advice while the money is still growing.
But what about once you are retired, unemployed? Once you start taking distributions and stop adding money. Once you are not able to put money in, the advice you need is quite different.
Make sure you pick an advisor that knows how to engineer a plan that is designed, tested, and built to work – for you and your whole retirement.
ADVISORY DISCLOSURE
This website and information are provided for guidance and information purposes only. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy. This website and information are not intended to provide investment, tax, or legal advice. The opinions expressed and material provided are for general information and should not be considered a solicitation for the purchase or sale of any security.
Waterstone Financial Advisory is an SEC registered investment adviser located in the State of Florida. Waterstone Financial Advisory only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. Insurance products and services are offered and sold through Waterstone Financial and individually licensed and appointed insurance agents.
Check the background of your financial professional on FINRA's
BrokerCheck,