Financial and Retirement Expert Tips

1. Know what you are paying in fees. What you don’t know or understand can have a real impact on how much money you have to retire on. Many of our clients have no understanding of the fees they are paying, how it affects them, and the alternatives available. Our fees are fully transparent.
2. Know the relationship you have with your advisor. Is your advisor cleverly disguised as a brokerage house salesperson selling the limited funds that make their business the most money, or is your advisor a fiduciary-based advisor who has complete independence from any brokerage house and is required to put your needs first? Call Solid Wealth Advisors, LLC to learn about the advantages of a fiduciary-based relationship.
3. Make sure you know the most important numbers to your retirement. These are how much money do you have, how much is exposed to loss, and what your exit point is to limit your loss. If you can’t access these easily, contact Solid Wealth Advisors to find out how you can.
4. One of the biggest concerns for retirees is outliving their money in retirement. We are able to develop personal pension like strategies for our clients that can help their ability to live more stress-free in retirement.
5. If you are a pre-retiree or retiree, you should not be fully invested in the stock market. Our clients have a significant portion of their money guaranteed from loss in the stock market. If you haven’t learned the value of why you shouldn’t be 100% invested in the stock market, call us immediately to protect what you’ve made back since 2008.
6. Long-term health care (LTHC) costs are said to be the biggest risk to completely destroying a retirement savings plan. If you haven’t made a plan to pay for LTHC, you should make one now. Many plans are health-based and a medical condition may prevent you from qualifying from an affordable plan.
7. Family legacy plans can be significantly affected by not utilizing the correct transfer tools. Taxes to heirs can greatly affect how much or how little you are able to pass to your heirs. Call us to find out how you can increase the amount you leave and how to most efficiently pass assets to your children, grandchildren, favorite church, or charity.

 
Investment Advisory Services offered through Retirement Wealth Advisors, (RWA) a Registered Investment Advisor. Matt Jackson and RWA are not affiliated. Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Past performance does not guarantee future results. Consult your financial professional before making any investment decision.
 
Any comments regarding safe and secure investments, and guaranteed income streams refer only to fixed insurance products. They do not refer in any way to securities or investment advisory products. Fixed Insurance and Annuity product guarantees are subject to the claims-paying ability of the issuing company and are not offered by Retirement Wealth Advisors.