Social Security: By the Numbers The Power of Tax-Deferred Growth The Other Sure Thing Women and Retirement

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.  Yes, I am a financial advisor; I am also a distribution specialist.  I have learned the lesson that Wall Street fails to grasp; the best way to make money is not to lose it.  Yes, you should take risks with some of your money, but how much can you afford to lose?  Whatever the answer is, does your investment strategy reflect your sentiment?  Your investment 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 money out of things that make no sense!

 

Helpful Content

To Buy or Not to Buy

To Buy or Not to Buy

The decision whether to buy or rent a home may have long-term implications.

The Power of Tax-Deferred Growth

The Power of Tax-Deferred Growth

Why are 401(k) plans, annuities, and IRAs so popular?

The ABCs of Zero Coupon Bonds

The ABCs of Zero Coupon Bonds

Understanding some basic concepts may help you assess whether zero-coupon bonds have a place in your portfolio.

 

A Penny Saved is Two Pennies Earned

Here are some simple and inexpensive energy-saving tips that may help you save money.

And the Executor Is

The right executor may help ensure the distribution of your assets is done with as little upheaval as possible.

A Bucket Plan to Go with Your Bucket List

Longer, healthier living can put greater stress on retirement assets; the bucket approach may be one answer.

A Taxing Story: Capital Gains and Losses

Understanding how capital gains are taxed may help you refine your investment strategies.

Estate Management Checklist

Is your estate in order? This short quiz may help you assess your overall strategy.

The New Red Scare: Chinese Ownership of U.S. Debt

China owns a portion of the total outstanding debt of the U.S. Government. What does it mean?

View all articles arrow

Long-Term-Care Needs

Determine your potential long-term care needs and how long your current assets might last.

My Retirement Savings

Estimate how long your retirement savings may last using various monthly cash flow rates.

Capital Gains Tax Estimator

Use this calculator to estimate your capital gains tax.

What Is My Current Net Worth?

Use this calculator to estimate your net worth by adding up your assets and subtracting your liabilities.

Estimate Your RMD

Help determine the required minimum distribution from an IRA or other qualified retirement plan.

Social Security Taxes

Estimate how much of your Social Security benefit may be considered taxable.

View all calculators arrow

Keys to Investing for Retirement

There are some key concepts to understand when investing for retirement

An Inside Look at Retirement Living

A number of questions and concerns need to be addressed to help you better prepare for retirement living.

View all presentations arrow

The Rule of 72

Do you know how long it may take for your investments to double in value? The Rule of 72 is a quick way to figure it out.

Do You Feel Lucky?

Recent changes in estate tax laws could affect the strategy you have in place.

16 Wall Street Cliches in 60 Seconds

Pundits say a lot of things about the markets. Let's see if you can keep up.

Should You Tap Retirement Savings to Fund College?

Three things to consider before dipping into retirement savings to pay for college.

Ready for Retirement?

Are you ready for retirement? Here are five words you should consider.

The Business Cycle

How will you weather the ups and downs of the business cycle?

View all videos arrow