financial advisor denver colorado updated

Educational Workshops

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 lakewood colorado updated

Retirement Planning

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.

retirement planner denver lakewood colorado updated

Safe Strategies

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.

financial advisor lakewood colorado updated

Trusted Partners

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.

SafeMoney.com Blog

claiming social security early cost

Sure, you can start your Social Security benefits at age 62. But is it better to claim early or delay benefits until a later date?

While a one-size-fits-all answer doesn’t work for everybody, a new study suggests that ill-timed Social Security strategies are costing Americans dearly.

United Income found that retirees might lose $3.4 trillion in potential income due to timing of when they enroll for their benefits. The research was a joint effort between the fintech company and former top policy officials from the Social Security Administration.

What about the income effect on retirees at a personal level?  On average, each retired household would miss out on $111,000 of lifetime benefits. And for current retirees, premature decisions could add up to collective losses of roughly $2.7 trillion.

That would average out to roughly $67,000 in lost income per household.

Read More...

annuity inflation risk img

“Inflation is as violent as a mugger, as frightening as an armed robber, and as deadly as a hit man,” Ronald Reagan once famously said.

And the worst time to try to fight this formidable foe is when you are in retirement, living on a fixed income. Many people have some employment, or some involvement with entrepreneurship, for a stream of retirement income.

But chances are they don't offer wage increases, or other inflation-countering benefits that you might have had in your working years, to help you keep pace.

Annuities are one of the few ways to obtain retirement income that is paid out as long as you live, making them a popular component of many retirement plans.

Investors have been using fixed annuities and fixed index annuities to provide lifetime income. These guaranteed income streams cover monthly costs and help people maintain their standard of living.

But if the annuity payout is fixed at the outset of the contract, by design it can’t be increased to keep pace with inflation. Should inflation rise 10% over time, for example, the buying power of a $3,300 monthly annuity payout erodes to $2,970.

This threat has the potential to affect a retiree’s lifestyle and could even require making unwelcome cuts in spending.

So how can investors seeking the benefits of annuities manage this inherent “inflation risk” and offset its impact? These are just a few of the ways.

Read More...

Joomla SEF URLs by Artio

Get Your Free Book!


Exclusive insights to make your money work for you, no matter the economic and market conditions!


Newsletter Signup

Get In Touch

Contact us to request a personalized consultation and get answers to your questions.

Contact Us!

financial advisors denver colorado image "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

 

SAFEMONEY.COM ADVISORS FEATURED ON

The education we provide here is imperative to your financial success, especially in today's economic environment. Here you will learn how to create a plan that is guaranteed to meet or exceed your immediate or distant financial expectations. We encourage you to share this academic resource with your friends and family, so that they can also empower themselves with the knowledge found here.