Request a personalized consultation, or schedule complimentary, educational seminars for audiences that are small to large. Learn about the latest updates affecting your future, including Social Security changes and more.
Retirement planning doesn't have to be a hassle. Develop a personalized financial plan that fits your lifestyle expectations, protects your money, helps you maintain spendable cash-flow, and guarantees the income you need.
Let go of lingering money concerns in ever-changing markets. We specialize in secure strategies, including protected asset growth, income certainty, wealth preservation, risk management, tax-efficient saving solutions, and more.
Get expert guidance and personalized service from independent financial professionals with 23+ years of experience in many financial disciplines. Enjoy financial peace of mind, no matter what the markets and economy do.
Once, reverse mortgages were considered to be the financial stepchild of retirement income sources. But respected authorities like Wade Pfau have shed new light on its potential uses in a retirement strategy. Now, growing shares of financial professionals, retirees, and other Americans see their benefits for certain situations.
If you have any pre-conceived notions about reverse mortgages, you might have formed them while watching those TV commercials with Tom Selleck, Robert Wagner, Henry Winkler, or one of many other well-known personalities.
You might ask, "What roles might a reverse mortgage play in my retirement income plan?" That is a good question. Let’s take a look at some potential uses for a reverse mortgage, including what it may involve.
If you are a retiree in your 70s or older, you may feel well positioned to weather potential financial shocks. But if you have yet to enter your golden years, you may face more difficulty maintaining your future retirement standard of living in the aftermath of financial shocks.
That is the consensus of a 2018 report from the Center for Retirement Research (CRR) at Boston College. Unveiled back in February of 2018, the report is entitled "Will the Financial Fragility of Retirees Increase?"
Its conclusion? Future retirees may not be able to rebound from financial jolts, such as those from unexpected medical expenses or the death of a spouse.
That brings up an important question. Why would tomorrow’s retirees be at a greater disadvantage than those who have already retired?
Current retirees may be benefitting from company-sponsored retirement plans in addition to their own retirement assets. Not so for future retirees who face "inadequate savings and the limited income that safe withdrawal rates provide, reducing the cushion between their incomes and fixed expenses," according to the report.
Another alarm sounded in the report: "If households choose to hold a significant portion of their savings in equities to increase the income their savings provide, they will be more exposed to sharp market downturns that arrive early in retirement."
"I recommend Safe Money Denver for their experience, professionalism, financial knowledge, unique insights from working in multiple financial/investment disciplines, and dedication to personalized service. They offer a steadfast commitment to individual client needs and a broad perspective of finance from their multifaceted professional backgrounds."Brent Meyer Jr., Founder of SafeMoney.com