Retirement Income Specialists - The Local IRA Rollover Expert
The last time we had a financial crisis in this country, people’s 401k turned into “201k’s”, and no one wanted to talk about it. Your advisors had no solution for the problem, so they told you to hang in there and wait for the markets to come back up. Well, you know what? We are heading for another crisis right now. The same problems that caused the credit crisis in 2007-2009 are occurring again; that’s right, the Wall-Streeters did not learn the lesson that we wanted them to learn. Now it’s our turn…
I am Thomas Swan, President of Retirement Income Specialists. We are dedicated to helping our clients achieve a successful retirement. I am a full-service wealth advisor specializing in retirement income planning, retirement plan distributions and social security planning.
I have learned the lesson that Wall Street fails to grasp; the best way to make money is not to lose it. Yes, you need to grow your money, but how much can you afford to lose? Whatever the answer is, does your investment strategy reflect your sentiment? Your investments should be divided into three categories and you choose the proportions based on your tolerance to risk and pain:
Safe and Secure
Low Risk, Low Volatility
High Risk, High Volatility
I help my clients by locating safer alternative investments that protect your money and earn a fair return. Most financial advisers use asset allocation to solve all problems, because that is how they get paid. There are solutions that give you more flexibility and allow you to use less of your funds to achieve results. We know that Social Security benefits will provide 25-50% of annual income for most retired Americans, yet most financial advisers are not talking about Social Security. Why? Don’t you think that’s an important thing to discuss with your advisor? I do. It only makes common sense to use as much money as the government will give you, especially since you paid for the benefit in the first place. If you can maximize that benefit by being smart, so much the better.
At Retirement Income Specialists, we help you make dollars out of things that make no sense!
Ready for Retirement?
Are you ready for retirement? Here are five words you should consider.
Will You Pay the AMT?
Despite recent tax-law changes, many Americans are expected to pay the AMT this year.
Does Your Portfolio Fit Your Retirement Lifestyle?
Lifestyle considerations in creating your retirement portfolio.
The S&P 500 represents a large portion of the value of the U.S. equity market, it may be worth understanding.
Affluent investors face unique challenges when putting together an investment strategy. Make sure you keep these in mind.
One way to find money is to examine your current spending habits and eliminate money wasters.
Whatever your relationship with your car, it may eventually come time for a new one. Familiarize yourself with your options.
Have you ever wondered how your credit score compares to the rest of the country? Take a look and see.
When considering life insurance, it's important to understand your options.
This calculator estimates your chances of becoming disabled and your potential need for disability insurance.
Estimate how much income may be needed at retirement to maintain your standard of living.
Use this calculator to better see the potential impact of compound interest on an asset.
Use this calculator to assess the potential benefits of a home mortgage deduction.
This calculator can help you estimate how much you may need to save for retirement.
This calculator helps estimate your federal estate tax liability.
The importance of life insurance, how it works, and how much coverage you need.
A number of questions and concerns need to be addressed to help you better prepare for retirement living.
A presentation about managing money: using it, saving it, and even getting credit.
Learn more about taxes, tax-favored investing, and tax strategies.
Using smart management to get more of what you want and free up assets to invest.
There are some key concepts to understand when investing for retirement
If you died, what would happen to your email archives, social profiles and online accounts?
Here are 3 steps to take right now that may make a difference if you find yourself suddenly single.
We all know the stock market can be unpredictable. We all want to know, “What’s next for the financial markets?”
Taking your Social Security benefits at the right time may help maximize your benefit.
With alternative investments, it’s critical to sort through the complexity.
Agent Jane Bond is on the case, discovering how bonds diversify a portfolio.