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ARE YOU READYTo Retire?FULLERTONFP.COMWhere Retirement Dreams Begin
You’ve Dreamed About Retirement. BUT HAVE YOU PREPARED FOR IT? Something that seemed so far away when you started your first job is suddenly right around the corner.You’ve dreamed about it, and you’ve fantasized about the days when your time can truly be your own. But now, as retirement is coming faster with the close of each workday, are you ready? If you’re like many of the people who come see us, you may have some doubts about whether you’re prepared to leave your steady paycheck behind. Or maybe you just want reassurance that your current strategy is leading you where you want to go.at’s why we’re here.At Fullerton Financial Planning, we believe everyone should be able to live the retirement they’ve always wanted. Your financial situation is dierent than that of your parents, your neighbors and even your closest friends, so a cookie-cutter approach isn’t going to cut it. We can work with you to create a retirement strategy that fits your unique retirement needs — a strategy designed to get you to your goals. When you have concerns about things like how long your money will last or what will happen if you pass away before your spouse, we can help you answer those questions, too. Maybe it’s been a while since you’ve thoroughly reviewed your bank statements, investments, insurance policies and other accounts. Or maybe you have all your information ready to go, but you just aren’t sure where to begin. Whether we’re your first step or just a second set of eyes, we want to help you have the retirement you’ve always imagined.BUILD YOUR IDEAL RETIREMENT TODAY!
1 Merrill Lynch. 2019. “Finances in Retirement: New Challenges, New Solutions: A Merrill Lynch Retirement Study conducted in partnership with Age Wave.” Page 7. https://www.benefitplans.baml.com/publish/content/application/pdf/GWMOL/2019_Finance_Study.pdf. Accessed March 1, 2019.2 Genworth Financial.Oct. 10, 2018. “Cost of Care Survey 2018.” https://www.genworth.com/aging-and-you/finances/cost-of-care.html. Accessed March 1, 2019. 3 Social Security Administration. “Benefits Planner: Life Expectancy.” https://www.ssa.gov/planners/lifeexpectancy.html. Accessed March 1, 2019. Can Your Strategy Endure the Unexpected? For most Americans, retirement is the largest financial undertaking they will ever take on.While Americans typically spend an average of $278,000 on a house, $245,000 raising a child and $83,000 on a college education, the cost of retirement clocks in at over $700,000.1 That $700,000 figure is just a starting point. Health care costs can drive that number up. Did you know, for example, that the national median cost of an assisted living facility is $48,000 a year?2 Longevity also is a factor. A man reaching age 65 today can expect to live, on average, until age 84, while a woman the same age can expect to live almost 87 years.3 So, if you plan to retire at age 65, your assets will need to last about 20 years — or more, if you surpass the national average. Your lifestyle also impacts how much you need for retirement. Who would blame you for wanting to enjoy the fruits of your career by traveling to new places, spoiling your grandkids or purchasing that house on the beach you and your spouse have dreamed about? All of this adds to the amount of money you’ll need to live comfortably.But preparing for retirement isn’t always a matter of saving enough. Sometimes it’s a question of how the markets perform. As it turns out, the stock market isn’t always steady.Did you know that market losses can impact your portfolio values more than gains?For example, if you invested $100,000 into an investment that experienced a 20 percent loss, you would lose $20,000. The account value on your next statement (assuming there are no other losses or gains) would be $80,000.
Answer: No. Because you are starting from a lower value, you will need a 25 percent return the following year to fully recoup your loss.It’s simple math. And that math is a notable example of why you probably shouldn’t rely on the stock market alone to fund your retirement nest egg. That’s why we help our clients think through their options, including insurance products like annuities that can create guaranteed income, in order to build a custom-tailored financial strategy that supports their retirement vision.There are so many things out of our control, and the economy is a key example. But while outside circumstances are uncertain, the power to prepare is in our hands.And preparation begins with a plan.*This is a hypothetical example that demonstrates a mathematical principle. It does not illustrate any specific investment product and is not an indication of past or future results.Annuities are insurance contracts designed for retirement or other long-term needs. They provide guarantees of principal and credited interest, subject to surrender charges. Annuity guarantees and protections are backed by the financial strength and claims-paying ability of the issuing insurance carrier. Investing involves risk, which includes the potential loss of principal.Pop quiz: For you to get your statement balance back to $100,000, would a 20 percent gain in one year be sucient?Let’s crunch the numbers:* $80,000 x 20%$16,000 $80,000 + $16,000$96,000
Let’s make a planFor Your FutureAt Fullerton Financial Planning, we have a three-step process for building a financial strategy that gives you a firm foundation for pursuing your goals. Schedule a meeting to sit down with us and discover what your ideal retirement looks like.Using our Fullerton Financial Planning Process, we’ll examine your current financial situation and determine your retirement income needs.Receive a custom strategy designed to help you reach your unique retirement goals. The result? A tailor-made financial strategy you can feel confident about, because the main thing we want you to worry about in retirement is how to use your time.1Discover2Evaluate3Plan
What’s Next? Are you ready to take control of your retirement?We bet you have some questions about us and how we can help put you on the path to the lifestyle you want. Take the next step by scheduling a time to meet with us. There’s no pressure — just time for you to get to know us and get your questions answered.Don’t spend more time wondering about whether you’re ready to retire. Prepare now, so you can look forward to the years ahead with confidence.You deserve a great retirement.Call us at (623) 974-0300 to take the first step.
We are an independent financial services firm helping individuals create retirement strategies using a variety of investment and insurance products to custom suit their needs and objectives. Fullerton Financial does not provide tax or legal advice. Consult with your tax or legal professional prior to making any financial decisions for your personal situation.Investment advisory services oered through Kingdom Financial Group, LLC, an SEC Registered Investment Advisor.AE05189215CAE05189215BPHONE 1: (623) 974-0300PHONE 2: (877) 323-8777FAX: (623) 974-0330INFO@FULLERTONFP.COM www.fullertonfp.comCORPORATE OFFICE:14155 N. 83RD AVE. SUITE 144PEORIA, AZ 85381TEMPE OFFICE:600 E. RIO SALADO PKWY. SUITE 102TEMPE, AZ 85281