Whatever goal you’re going for, we’ll help you keep your eyes on the prize.
Since 1989, Soutas Financial & Insurance Solutions, Inc. your Fresno financial advisor and retirement planner has
worked with California residents and their families to help guide them
to and through retirement financial planning.
We’re committed to helping take the complexity out of Fresno retirement
By using a variety of insurance and investment products, we
can help you develop an overall retirement income strategy specific to
you and your family in Fresno Ca. We have a strong team of professionals helping
ensure you receive all the assistance you need not only in developing
your retirement income strategy, but also in maintaining it throughout
Meet the team
who is dedicated to helping you reach your future goals for financial planning. Schedule a 15min.Tele-Visit with Dale Soutas
To develop a financial strategy for your future, it’s
important for your financial professional to see a complete, 360-degree view of
your financial picture, including how your retirement assets are integrated and
work with one another. Our financial strategies and asset management services
use institutional money managers and insurance products, such as annuities, to
help you work toward your financial goals. We can work in concert with tax
professionals or attorneys in your or our network to advise you on specific
aspects of your financial strategy.
We can help you design a written retirement income plan incorporating insurance and investment vehicles to create opportunities for long-term growth as well as guarantee income throughout your retirement.
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 93 and a 25 percent chance at least one spouse will live to age 97.1 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. Only 27 percent of baby boomers report being confident their savings will last throughout retirement.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 retirement income strategy
that covers your ‘Paycheck’ (Needs), ‘Playcheck’ (Fun) and ‘LTC’ (Long-Term Care to help keep you at home or in assisted living and hopefully out of a nursing facility). We do this by incorporating insurance and annuity products to help provide a steady and reliable income stream for the rest of your life as well as investment products to create opportunities for long-term growth.
To schedule a time to discuss your financial future and see if a written retirement income plan can be designed for you to have more confidence in your financial future, contact us at 559-230-1648 today!
If your portfolio has not fully recovered from losses in recent times, you may wish to consider a more diverse method of accumulating wealth by incorporating alternatives to maximize growth while minimizing the downside risk.
Wealth Accumulation Strategies
You may be able to use time to your advantage when investing for wealth accumulation
. Generally, the longer you invest, the more potential your money has to compound interest. If your portfolio has not fully recovered from losses in recent times, you may wish to consider a more diverse method of accumulating wealth by incorporating alternatives to maximize growth while minimizing the downside risk. A very famous investor says:
Rule # 1: Never lose money.
Rule # 2: Never forget Rule #1.
It’s not about how much growth you might get, it’s controlling the downside or losses that make the biggest difference in wealth accumulation.However, with fluctuations in the stock market, it is important to remember that more conservative retirement strategies typically have only a portion of the assets invested in the stock market. Allocations can be set aside for more conservative investments and/or secured income contracts such as annuities. Annuities are long-term vehicles designed to help generate supplemental income during retirement. They have minimum guarantees backed by the strength and claims-paying ability of the issuing insurance company. After all, the last thing you want to do is lose more ground during the next market correction.
COVID Outlook: Economy, Finances, Health
OverviewCompared to 2008, the current pandemic-induced recession is three times worse in terms of annualized gross domestic product (GDP) decline. Economists have urged Congress to pass additional stimulus legislation for unemployment benefits, forgivable loans to small businesses, aid to the travel industry and allocated funds to save local government jobs in the wake of reduced tax revenues.1The good news is that vaccine manufacturers Pfizer and Moderna both recently announced they have developed vaccines that are more than 90% effective; the bad news is that it may take a while for production to ramp up enough to vaccinate the entire U.S. population.2 And globally, until the majority of intercontinental travelers are immune, we’re not out of the woods yet.