I can’t help but wonder when I meet retirees, with a total net worth between $200,000 to $400,000, who have a financial advisor that is either an annuity sales person or a lower echelon stockbroker.
Instead of using these asset gathers, these retirees could benefit more from simple income and income planning advice about income and income planning.
Most super affluent retirees have CPAs, attorneys and multiple financial advisors, while affluent retirees either have a quality financial advisor or handle it themselves.
An Emphasis on Education
One of the great things about the MoneyShow is the emphasis on education. The people I’ve met through the MoneyShow are more advanced and knowledgeable than the people I meet at retirement seminars.
This is a true testimonial to the service the MoneyShow provides to hundreds of thousands of people.
Everybody today needs to be a specialist. There is simply too much going on and too much regulation.
My specialty is annuities and tax-free wealth transfer which is known as the anti-annuity. I also do a tremendous amount of long-term care and home health care planning even though I do not sell those products.
Keep it Simple
There are experts who write covered calls for income, there are bond experts, and there are dividend paying stocks experts.
It’s a complex world and nobody can be all things to all people. Most of the time I find that a little common sense goes a long way.
People who are retired should have simple goals. Don’t run out of money; prepare for health costs, provide what legacy benefit you want and most of all have a great time!
If I can help you with any of that feel free to email or call me!
For more info, contact Phillip Wasserman:
Pwasserman@aol.com or 800-254-9567.