Retirement Planning

The Baby Boomers are currently making plans for their retirement. If you’re like most, you’re fairly savvy about stocks and bonds, 401Ks and IRAs. You’ve put some money away. You have significant equity in your primary residence. You’re not worried about having to bag groceries in your golden years.

Something’s still nagging at you though. A major market correction could leave you with less flexibility to live as you choose. If there is a residential housing bubble, and it bursts at the wrong time, it might leave you with less than you planned.

The Legacy Group is an independent financial planning firm. As such, we are able to locate alternative programs for accredited investors. These alternative programs carry different risk than the stock market, may be more liquid than annuities, and may return a much better rate than CDs.

Accredited investors must have at least $1million in assets above and beyond a personal residence. You can also qualify as an accredited investor if you’re single and you earned more than $200K in each of the last two years or, if you’re a married couple, you must have earned more than $300K between you in each of the last two years.

There are limitations to the amount you can set aside in 401Ks and IRAs. The Legacy Group can help you to invest more, in a tax smart way, using insurance products, real estate and other investment vehicles. If you’re looking for a financial advisor who can put together a sophisticated, truly diversified plan, customized to your specific situation, please contact us.