Those in retirement already face many challenges.  Many retirees have grown up in a time when they were taught to save money for a rainy day and that would solve all problems.  Unfortunately, many have saved enough money based on old life expectancies. There is now a longevity problem, along with rising caregiving costs.  The biggest concerns retirees face include outliving their savings, and it pains me to see those in their golden years clipping coupons and preventing themselves from enjoying these years, because of fear of depletion.

The solutions for retirees will need to be assessed on an individual basis. Are your investments allocated in risky growth-focused equity investments that make no sense when you’re best suited with guarantees?  Are you ruling out a reverse mortgage or annuity when it makes the most sense for you, due to longevity that runs in your family and your lack of heirs/beneficiaries?  Managing risks and trade-offs is an extraordinarily delicate process that requires an empathetic financial advisor.


The Products

Suitable vehicles for seniors.

Folks in retirement already face many challenges, especially with longevity risk (people are living longer).

  • Unfortunately, as life expectancy has increased, so have caregiving costs, making  long term care a crucial component of financial planning.
  • Our passion is in helping retirees move from clipping coupons, and worrying about running out of money, to finally getting that hard-earned rest during their golden years. Lifetime income guarantees through annuities without threatening the principal amount put in is the most effective way to outsource the longevity risk.
  • In addition, the estate planning process ensures assets are transferred to your heirs properly: not a blank check to be squandered and taken for granted, thereby preserving and shaping your family legacy.

Case Studies

Bringing our work to life.

Sandra is 77 years old, many years into her retirement.  Life was good before her fall. She was an LA County employee with a great pension, that covered her expenses and then some.  However, after her fall, she was faced with an extra $6,000 a month caregiving cost ($200/day).  It was this or moving to a nursing home, or doing a reverse mortgage, two things she was adamantly against.  After assessing her expenses and deficit, to the tune of $2,000 a month, we were able to take Sandra’s savings (from her liquid cash to her stocks and bond investments) to create a stable fixed income for her to the tune of $3,000 a month.  She could even build up cash reserves over the years with this surplus, and containing some of her spending, without dramatically hurting her quality of life.  The annuity strategy was the best decision for her as she did not have any heirs but was happy to leave whatever was left over to her stepdaughter.  In addition, the fixed income allowed her to prepare for longevity.  Despite her fall, she had a sister who was well into her 90s and healthy.  She is now nursing her health back and building up her cash reserves in anticipation of traveling around the world again.