Safe Harbor

askjimbyrd.com

Call us at (251) 625-1226 or
Toll Free at (877) 251-1984
Daphne, AL

Listen and learn with our Podcast Library

Jim Byrd and Biff Hamel

Biff Hamel and Jim Byrd host our weekly podcast, recorded from the radio talk show, Safe Investing in the New Economy w/ Jim Byrd, broadcast on WABF Radio 1480 AM. The show is also broadcast on FM Talk 106.5 and Fox News Radio WNTM 710 AM.

They have appeared on numerous radio shows and television networks discussing Safe Harbor Financial's unique outlook on the financial services industry and are well respected financial advisors. Additionally, Jim Byrd is a co-author and well-known public speaker.

Check out some of their recent podcasts below.

By

How to Stay Worry-free During a Volatile Market

Jim Byrd and Biff Hamel host Safe Investing in the New Economy, a lively financial radio show, each week on WABF 1480 AM radio, FM Talk 106.5 radio and Fox News Radio 710 WNTM.  The show focuses on retirement planning and investing for a safe and happy retirement. Be sure to listen to the free podcast on iTunes or on the website. This week’s show includes a discussion about hybrid annuities as a way to bypass the risk of market volatility.

Vanguard founder says the market is the most volatile he’s ever seen.1

Another writer says guaranteed income tops the list for Boomers’ retirement wish lists. The general consensus among market pundits is that the 2018 market will be volatile all year. Younger investors have more time to recover from market losses, but those near retirement age, should avoid the stock market at all costs.  To complicate matters, traditional pensions are disappearing. Do-it-yourself retirement plans are not working well anymore. Americans are no longer relying solely on Social Security.  But without a strategy for future income, those approaching retirement are stressed. Inaction is not the answer. Procrastination is your thief of tomorrow. Let us help.

Call for Your Complimentary Appointment

Because we specialize in retirement planning and investing for future income, we encourage you to call our office at Safe Harbor Financial Services for your complimentary consultation and portfolio review. We’ll schedule a meeting with Jim, Biff, and our staff . We offer guaranteed income hybrid annuity products with income you cannot outlive and we also offer many options for long term care insurance. No qualification process required. We offer custom plans for you alone, retirement plans that will let you retire worry-free, because your future is secure. Call us at 251-625-1226 or send us an email and we’ll discuss your personal dreams for your family’s retirement, and put together a comprehensive plan for a safe, worry-free retirement for your family. Our current clients are not worrying. The calls we receive from clients in this kind of market are thank you calls that the market volatility isn’t affecting them.

Upcoming Events- Save the Dates

 

1https://www.marketwatch.com/story/bogle-says-hes-never-seen-a-market-this-volatile-to-this-extent-in-my-career-2018-04-05

By

Retirement Planning During a Market Correction

Jim Byrd and Biff Hamel host a popular financial radio show each week on WABF 1480 AM radio, FM Talk 106.5 radio and Fox News Radio 710 WNTM. Safe Investing in the New Economy focuses on retirement planning and investing for a secure retirement. Be sure to listen to the free podcast on iTunes or on the website. This week’s show includes a discussion about hybrid annuities as a way to bypass the risk of market volatility.

Market Correction Makes Hybrid Annuities Look Better Than Ever

Biff and Jim reviewed how recent world events have impacted the stock market. Volatility in 2018 will probably be higher than in 2017 and the market has dropped 10% so far this year. If you’ve got tons of money and a 30 year horizon, you can afford a higher level of risk. But if you’re currently in retirement or quickly approaching it, you can’t afford to take any risk of losing your retirement income. That’s where hybrid annuities come in.

Annuities are gaining favor with brokerages, although they still don’t fully understand them. Annuities are insurance products and the insurance companies pay the fees so you don’t have to. Brokerage houses usually charge you a hefty fee for traditional investments that have no guarantees and leave you exposed to market risk at a time in  your life when you can least afford to lose money in the market.

Because brokers don’t understand annuities, there is lots of bad press. But most of the bad press with annuities is about variable annuities, not hybrid annuities. Today’s hybrid annuities, also known as fixed index annuities, are much safer than variable annuities with low/no cost, high market-like returns, low/no risk, and they are much more liquid than they have been in the past. And they’re tax-deferred, so you only pay taxes when you take them out.

Call for Your Complimentary Appointment

Because we specialize in retirement planning and advice, we offer traditional investments as well as insurance products and the range of products we offer far exceeds those available by a regular broker or a bank. Some of our insurance products, such as our hybrid annuities, have nursing home coverage, home health coverage, etc. built right in. Some people add on a life insurance policy, which also feature lots of options. We can even put together a plan that front loads your income for the first 5 years while you’re still active and may want to travel or spend more money than in later retirement years. Call us at 251-625-1226 for a complimentary appointment or send us an email and we’ll review your portfolio for risk, measure your risk tolerance, discuss your personal dreams for your family’s retirement, and put together a full service plan for a safe, worry-free retirement for your family. We can start as young as you are. No need to wait until a certain age. The earlier, the better.

Upcoming Events- Save the Dates

 

By

Full Service Retirement Planning

Jim Byrd and Biff Hamel host a popular financial talk show, Safe Investing in the New Economy, each week on WABF 1480 AM radio, FM Talk 106.5 radio and Fox News Radio 710 WNTM. The hosts focus on retirement planning and investing for a secure retirement. Be sure to listen to the podcast on iTunes or on the website. This week’s show included a discussion about Medicare by special guest Dalton Walley of Medicare Compare Agency.

Market Volatility vs. a Safe, Worry-free Retirement

Jim reviewed two recent articles that examine the current state of the market. Many experts agree the market is highly volatile right now and poised for a major correction. But if you’re pre-retirement or already in the retirement years, you can’t afford any losses in your retirement portfolio. Why worry about market volatility when you can get close to market returns with no risk at all? Because we specialize in retirement planning and advice, we’re licensed in most of the retirement investment products available, and the range of products we offer far exceeds those available by a regular broker or a bank. Some of our products have nursing home coverage, home health coverage, etc. built right in. Call us at 251-625-1226 for a complimentary appointment and we’ll put together a full service plan for a safe, worry-free retirement for your family.

Medicare/Medicaid Expert

Dalton Walley of Medicare Compare Agency spoke at our last two seminars and he was with Jim and Biff on this radio show. He reviewed the details of original Medicare and Medicare Supplement (Medigap) policies. If you have original Medicare, you’ve got lots of deductibles and co-insurances you have to pay. Many people opt to buy an additional Medigap and a Prescription Drug Plan along with original Medicare. Medigap plans come in many different configurations, and each one has the same coverage, but the costs vary slightly from company to company. If you’re confused about Medicare and all the many options of Medigap coverage, call us and we’ll connect you with Dalton Walley. Or call him directly at 251-421-0956. He offers a free consultation.

Also, be on the lookout for your new Medicare card, to be delivered automatically sometime in the next year. But do not fall for one of the many scams out there. Medicare will not call you and ask for any information. Do not give out any personal information over the phone. Call Medicare at 1-800-633-4227. (1-800-MEDICARE)

Upcoming Seminars- Call to Register

  • We’re now taking reservations for our April seminars, 4/24 and 4/26. Seats fill quickly so call our office soon at 251-625-1226.

Upcoming Events- Save the Dates

  • May 10- Taste of the Town at Five Rivers Delta Resource Center with the Kiwanis Club of Daphne/Spanish Fort. Safe Harbor Financial is the title sponsor this year as in previous years.
  • May 28- Memorial Day BBQ at the American Legion Post #199 in Fairhope, AL- Free meals for veterans.

 

By

Retirement Planning in Uncertain Times

Jim Byrd and Biff Hamel popular financial talk show, Safe Investing in the New Economy, is heard on WABF 1480 AM radio, FM Talk 106.5 radio and Fox News Radio 710 WNTM. The show is focused on retirement planning and investing for a secure retirement. Be sure to listen to the full podcast on iTunes or on the website. This week’s discussion covered a wide range of topics. Here are the highlights:

Many Seniors are in Major Debt

People over 60 hold the majority of debt in this country, over $3 trillion. And this is primarily student loan debt. It’s important to pay this debt because it can affect your credit rating and it can delay taking retirement. Other reasons seniors delay retirement:

  • Many seniors with younger spouses are delaying retirement because their spouse doesn’t qualify for Medicare. Health insurance costs and medical debt are big expenses to consider when taking retirement.
  • Procrastination about planning is the biggest problem in deciding when to retire. Lifestyle choices need to change in most cases and the planning for this is the last thing to happen.

Procrastination is the thief of your future!

Seniors Can Save Money in Retirement

So what do you do when you want to retire but you haven’t begun to plan for it? Or if you need money and you have a credit problem as the result of unpaid debt? The first step is to make a budget. See what you’re spending now and look for ways to cut back. Retirement spending, in most cases, needs to be lower!

Here are a few cost-cutting ideas:

  • Save at least 3 months of expenses for a rainy day.
  • Eat out less and at home more.
  • Switch out of cable TV and go to a subscription service instead. Try Roku or Netflix.
  • Work out at home instead of using a gym membership.
  • Eliminate regular expensive perks like gourmet coffee shop runs, fancy hair appointments, shoppping sprees.
  • Get creative about gifts, making some at home.
  • Talk to an investment adviser when you have a budget and they can help you plan for your retirement.

Listen to the broadcast for more creative solutions.

A Typical Consultation Process

We hear about all sorts of situations from people we help. Some are still struggling to catch up since the big market downturn of 2008 where millions of people lost a chunk of their retirement savings. Some are struggling with a life change due to divorce, major illness, or the death of a spouse. We sit down with each person and listen to their goals and we bring to attention some things they have never thought of. We talk about their budget, evaluate their portfolio, learn whether they are interested in accumulating funds or in producing income, and whether they are ok to tie their money up for a while in retirement or need to keep their money liquid. We discuss each person’s situation thoroughly before we offer any recommendations.

One of our newest products is a fixed index annuity that includes long term healthcare, returns 7%, and you can take out 10% per year without a surrender charge and still have income for the rest of your life. Surrender charges do not apply if you have an illness that has you confined. A second choice is a very liquid product we offer that returns between 6-8% a year, and you can add to it, so it’s a way to save money. We fit the product offerings to your unique situation with a vast array of products others don’t offer.

We beat banks both on fees and the array of products we offer. Banks don’t have access to some of the products we sell and many of our products are proprietary.

If you have been thinking about taking advantage of our complimentary consultation, sometimes the hardest part is just picking up the phone. Take a moment right now to call us for an appointment at 251-625-1226. Don’t let procrastination steal your retirement future.

Upcoming Seminars- Call to Register

Our financial seminars in March are full but we’re now taking reservations for our April seminars. Seats fill quickly so call our office soon at 251-625-1226.

Upcoming Events- Save the Dates

  • May 10- Taste of the Town at Five Rivers Delta Resource Center with the Kiwanis Club of Daphne/Spanish Fort. Safe Harbor Financial is the title sponsor this year as in previous years. May 28- Memorial Day BBQ at the American Legion Post #199 in Fairhope, AL- Free meals for veterans.

 

By

Market Correction with No Worries

Jim Byrd and Biff Hamel host a popular financial talk show heard on WABF 1480 AM radio and FM Talk 106.5 radio and Fox News Radio 710 WNTM. Safe Investing in the New Economy is focussed on the latest news and wisdom on retirement planning and investing for a secure retirement. Be sure to listen to the full podcast on iTunes or on the website. This week’s agenda includes updates on the new tax laws and a possible market correction plus information you can use about many other topics.

Market Correction with No Worries

Many analysts are predicting a market correction; some say a recession. No one can predict with accuracy just what the market will do. But our clients are protected from all market risk. Our products pay close to market returns with no market risk at all. You insure your car, your house and all your important assets. Why not insure your retirement assets as well? Our clients feel secure and because their retirement funds are free from market risk. Our clients tell us this translates into “no worries.”

This Week’s Agenda

We run into interesting situations every day with our clients and we have the consultants to help them make difficult decisions. We can help you sort things out too.

New tax laws-  A taxpayer used to be able deduct up to 50% of expenses for business meals and entertainment. As of December 31, 2017, such business deductions have been reduced. Check with your CPA for details or when you come in we can consult with the CPA who works with us. We also have a lawyer we can consult with if that need arises.

Spousal and non-spousal beneficiaries- If you’re the spouse who receives an IRA as an inheritance, you have to abide by certain minimum distribution levels. A non-spousal beneficiary situation is different and can make a big difference in your retirement income each year. We can help you work out your options when you come into the office.

New products- We’re excited about a couple new products we’ve got that pay market-like returns (one is at 8.7% this week) with no risk at all. Liquidity is high, returns are high, and cost is low. Those three factors address the top three objections some people mention when they talk about annuities.

Products for young savers- It’s never too early to start saving for retirement. Start with $10k or even less, and we can set you up with a retirement plan. You will invest periodically according to a schedule and by the time you retire, you’ll be ready.

Trump and the market- When the president does unexpected things, when there is a major change in Congress, when there is a whiff of uncertainty anywhere, the market reacts emotionally. There is no need to be in the market when we can offer high returns for low costs and keep your market risk to zero.

Variable vs. hybrid annuities- Variable annuities are still tied to market risk. Hybrid annuities are not. The hybrid annuity products we sell are actually insurance products and the insurance companies cut out every bit of risk. You are not in the market and therefore, your market risk is zero.

Complimentary Consultation

If you have been thinking about taking advantage of our complimentary consultation, sometimes the hardest part is just picking up the phone. Take a moment right now to call us for an appointment. We will discuss your future plans, thoroughly review your current portfolio, evaluate your tolerance for risk, determine the risk built into your current portfolio, and make sound recommendations to help you plan for a happy, secure retirement. No obligation of course. Call now 251-625-1226.

Upcoming Seminars- Call to Register

Our financial seminars in March are next week. Bring a guest and enjoy dinner on us. Seats fill quickly so call our office soon at 251-625-1226.

If the seminar is full, we can put you on a waiting list for another date. It’s always a good idea to bring your spouse, if you have one, or a friend.

Upcoming Events- Save the Dates

  • May 10- Taste of the Town with the Kiwanis Club of Daphne/Spanish Fort and Safe Harbor Financial- Five Rivers Delta Resource Center
  • May 28- Memorial Day BBQ at the American Legion Post #199 in Fairhope, AL- Free meals for veterans.

 

As Seen on Local Affiliates

Hear Us on the Radio

Browse our archived collection of videos and podcasts.

A Real Value Proposition

A Real Value Proposition
Our minds are programmed to ask the question, "what is this going to cost?" which is why we have built our business on delivering exceptional value.

Find and Follow Us

Facebooktwitterlinkedinrss

Sign up for our Newsletter