Jim Byrd and Biff Hamel host Safe Investing in the New Economy, a weekly educational financial radio show on WABF 1480 AM radio, FM Talk 106.5 radio and Fox News Radio 710 WNTM. Listen each week on the radio, the website or on the podcast on iTunes. Every week, Jim and Biff provide sound financial information to help you plan for a safe retirement. This week, they discuss the shocking statistics on retirees and bankruptcy.
Complimentary Financial Seminars
You’re invited to attend one of our complimentary seminars held this month at Jesse’s in Magnolia Springs and the Original Oyster House in Spanish Fort on the Causeway. We’ll talk about the 3 different places where you can save money for retirement with varying degrees of risk. Call today to reserve 2 seats for you and your partner or friend. Dinner on us! 251-625-1226.
We also offer you a complimentary consultation, including a risk analysis, which you can set up anytime by calling our office. We’ll go over your situation, analyze your current portfolio, listen to your plans and dreams, and help you build a viable plan for a safe, happy retirement. There’s no cost and no obligation. Don’t delay! Call us today at 251-625-1226.
Retirees, Debt, and Bankruptcy
The news media has recently begun to report that many more retirees than in the past are declaring bankruptcy. Rising debt, their own and the debt of their children, is putting retirees into financial distress. Other factors include low retirement income, market fluctuations, taxes and inflation. Often the death of a spouse will put the surviving spouse into a poor financial situation they can’t get out of. We can help you reduce your risk, reduce your stress, and make a plan that takes into consideration all the possible situations in your life. Just give us a call. That’s why we’re here.
- Does filing bankruptcy affect your retirement plan if you’re still a pre-retiree?
- Does bankruptcy take money from your retirement portfolio if you’re already retired?
Listen to the podcast for the answers to these and other important questions about retirement and bankruptcy.
For more information in the news, check out this article about retirees and bankruptcy.
Which stage of life are you in?
Growth, safety, and income are the three financial stages in most of our lives. As we age, we move through the stages and our investment strategies need to change with each stage. When the distance to retirement is greater, generally we can afford more risk. In the early years, many investors focus on portfolio growth. As retirement approaches, conservation of our resources and making sure they are safe is a higher priority. And in retirement, maximizing income is the goal. Our job is to help you understand which stage you’re in and help you maximize your portfolio at each stage.
Procrastination is your thief of tomorrow.
Send us an email or call us at 251-625-1226 and we’ll sign you up for our upcoming seminar. Or set up an appointment with Jim Byrd and his staff for your complimentary consultation. Don’t wait. Call today.