Challenges Facing Retirees

Today's retirees face challenges unheard of in recent history.  Turbulent markets, rising healthcare costs, and increasing life spans have created a unique environment which has many Americans anxious about their retirement income plans.  Add to this, billions of dollars in budget deficits, the uncertainty of Social Security, and the inevitability of future tax increases which undoubtedly will cause additional stress for retirees.  This is especially troubling if you're presently retired or nearing retirement.

Funding retirement is not what it used to be.  For most Americans, traditional pensions are a thing of the past.  Modern contributory plans such as 401(k)s place most of the investment risk squarely on a worker's  shoulders.  Time is on your side when you're building your retirement plans.  During this period you may have plenty of time to recover from bear markets.  But as you near retirement, time is against you and the opportunity to fully recover from market downturns diminishes.   Encounter a down market during retirement and your nest egg may never recover.  However, keeping a substantial amount of retirement assets out of the market may cause many retirees to sacrifice the growth necessary to fund a lengthy retirement.

If retirees are going to fund a retirement which could last several decades, they're going to need fresh ideas, innovative products and adaptable income solutions to see them through.  At our firm, we utilize traditional asset allocation models along with new products and creative methods including the NextPhase™ time-segmentation process, which may help our clients achieve both income and growth while managing risk.  We customize each client's strategy to match their unique needs and provide them with a comprehensive retirement roadmap to help ensure that their income lasts as long as their retirement.

There is no guarantee that a diversified portfolio will outperform a non-diversified portfolio in any given market environment. No investment strategy, such as asset allocation, can guarantee a profit or protect against loss in periods of declining values. Please note that individual situations can vary. Therefore, the information should be relied uponpr when coordinated with individual professional advice.