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    Complimentary Report

    Learn 10 important variables to consider as you create a sound retirement income strategy for the days ahead.

    Phoenix, AZ Financial Planning | Mesa Chandler Retirement


    Financial Planning Arizona | Phoenix Mesa Chandler Retirement

    In an ever-changing climate of financial challenges, retirement can be an increasingly complex puzzle. How do you enjoy retirement to the fullest without constantly worrying about outliving your money? Peace of mind comes in the assurance of knowing that your retirement savings will provide for you and your family, and allow you to live comfortably throughout retirement.

    Many individuals and couples that are in the pre-retirement stage (5+ years prior to retirement), need planning help with the following: IRA & 401(k) Rollovers, Social Security Optimization & Retirement Income Planning.

     IRA & 401(k) Rollovers

    When you change jobs or retire, there are four things you can generally do with the assets in any employer-sponsored retirement plan:

    • Leave the money where it is and let your former employer administer the plan.
    • Take the cash (and pay income taxes and perhaps a 10 percent additional federal tax if you are younger than age 59½)
    • Transfer the money to another employer plan (if the new plan allows)
    • Roll the money over into an IRA that you administer with the help of your advisor.

    Rolling over from one qualified plan to another qualified plan allows your money to continue growing tax-deferred until you receive distributions in retirement. We can help you determine if a rollover to an IRA is the right move for you. 

    Social Security Optimization

    In the past, retirees could typically count on three sources of retirement income that divided roughly into thirds:  government-funded Social Security, employer-sponsored components (like 401k) and individual savings. Today, however, the majority of the burden for retirement income seems to have shifted away from employer plans and onto the shoulders of the individual.

    When should I take Social Security?

    Social Security Optimization is a key component to any well crafted retirement plan.  With over 400 filing combinations possible for a married couple, choosing the right time to file based on analysis and optimization, can make those decisions much easier. 

    Retirement Income Planning

    A lifetime of security, thanks to a lifetime of income.

    Retirement income strategies are not just for the wealthy. As retirement nears, the traditional strategy has been to move growth-seeking products to more conservative, fixed-income products.  According to a recent study, for a married couple age 65 there is now a 50 percent chance that at least one spouse will live to age 94.1 This means that you may need to plan for your retirement savings to potentially last 25 to 30 years.

    One drawback to a longer life is the greater possibility of outliving your savings – creating all the more reason to develop a retirement income strategy designed to last a longer lifetime. Sixty-one percent of Americans surveyed said they were more afraid of outliving their assets than they were of dying.2

    A significant loss in the years just prior to and/or just after you retire could negatively impact the level of income you receive over the course of your life.  In fact, if a loss occurs earlier in life, there is also the chance that you may have more time to recover (versus a loss occurring later in retirement).  Why?  Simply because a smaller pool of assets is left to sustain you throughout your retirement years and your assets may not have as much time to recover.

    We can help you design a guaranteed* retirement income strategy that incorporates insurance and annuity vehicles to create opportunities for long-term growth as well as guarantee* income throughout your retirement.

    Contact us today to schedule a complimentary introductory meeting! Call us at 480-503-0050, or connect with us on-line at teresa@teresabear.com.

    1Prepared by Ernst & Young Insurance and Actuarial Advisory Services practice. The analysis uses the Annuity 2000 mortality table with Scale G2 mortality improvements.

    2State of the Insured Retirement Industry: 2012 Recap and a 2013 Outlook, Insured Retirement Institute



    Meet Teresa Bear

    Teresa Bear, CFPTM, CPA, is an advisor and local investment columnist in the Phoenix Metro Area. Independently acclaimed for her work in Arizona, Teresa also received national recognition as Best Selling Amazon Author of the book “She Retired Happily Ever After”.
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    Investment advisory services offered through Brookstone Capital Management, LLC (BCM), a registered investment advisor. BCM and Teresa Bear LLC are independent of each other. Insurance products and services are not offered through BCM but are offered and sold through individually licensed and appointed agents.

    *Guarantees provided by insurance products are backed by the claims paying ability of the issuing carrier and may be subject to restrictions, limitations or early withdrawal fees. Annuities are not FDIC insured.

    This website is limited to the dissemination of general information pertaining to its investment advisory, tax and insurance services. Accordingly, the publication of this website should not be construed by any consumer and/or prospective client as providing accounting, legal, insurance, investment, or other professional services for compensation, over the Internet. You must seek competent, professional representation for your personal situation.

    The 10 Things to Know About Planning Your Retirement Income Report is provided for informational purposes only. It is not intended to provide tax or legal advice. By requesting this report you may be provided with information regarding the purchase of insurance and investment products in the future.

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