Reduce Your Financial Risk In Retirement
Watch Our Video To Learn More
James Herbst | Retirement Planning Specialist
James Herbst is a family man with a beautiful wife of 30 yrs and together they have 4 amazing children. James is the co-owner of Safe Money One and the host of Safe Money Radio. James has made his career of 29 years in the Safe Money Business. He has a passion for helping clients understand how they can have Growth without the traditional market risks and how with the right planning, clients can set in place a worry free lifetime guaranteed income and never have to worry about running out of money during retirement. Helping remove clients’ money from market volatility while helping them continue to grow their money safely is what it’s all about. James has helped countless individuals avoid the significant retirement losses that many experience year after year due to market uncertainty. He always welcomes the opportunity to help new people.
Brandon Herbst | Retirement Planning Specialist
They say if you love what you do then you never “work” a day in your life. It is from that passion that Brandon Herbst founded Safe Money One with his brother, James. With a background in insurance and risk mitigation for over 20 years, Brandon has been helping those that are at, near, or approaching retirement by educating them on the best strategies to protect and grow their retirement assets in these volatile times. “I look at my job as an opportunity to educate, not to sell. Helping people understand what strategies are available to them is an opportunity I truly cherish. Many folks do not realize they can keep their principal safe from market risk while still having the opportunity to earn a solid rate of return while also having the ability to receive an income stream they and their spouse can never outlive.”
Brandon has been married to his longtime partner, Stephanie, for nearly 8 years. Together they have one young son, two pugs, and a shichon.
What We Offer
Creating an income plan to last throughout retirement is perhaps the single most important challenge retirees will face. After all, with the fact that we’re all living longer combined with advanced medical science and technology, it’s very probable that people who are retiring today could spend 30 years or more living in retirement without earned income and only from social security and investments to support them. That’s a scary and very realistic thought.
That’s why we make income planning our top priority at our firm. We help our clients establish a solid income plan guaranteed to last as long as they do. In other words, the income plans we prepare for our clients are guaranteed to “go the distance.” Even if that means they live to be 120 or older! They areguaranteed to always receive that monthly check.
If an income plan is the most important thing in retirement, peace of mind might be the second. Let us help you create and income strategy you can’t outlive so that you can enjoy retirement with confidence and certainty.
You’ve spent the last 40 years, or longer, in the accumulation phase of planning your retirement. Now it’s time to switch gears and focus on the preservationof your retirement assets. But it doesn’t mean that growth has to stop. In fact, that’s one of the ways we help our clients the most, by helping them receive a reasonable rate of return throughout their retirement years. The difference is, we do it without loss, guaranteed!
Did you know that Warren Buffett’s number one rule to investing is to never lose money? He also has a second rule and that is to never forget rule number one!
We specialize in helping our clients make asset protection and preservation their top priority. Many people underestimate the devastation of losses to their portfolio due to market declines and don’t realize how difficult it can be to rebuild an account.
Did you know that a loss of 25% requires a positive return of almost 34% just to get back to even? A 50% loss of your retirement account means you have to double your money (receive a 100% return) just to be whole again. Think about it. If you have $100,000 and lose 50%, you’re left with $50,000. Now you’re left with the unsurmountable task of going from $50,000 back to your original deposit of $100,000; a return of 100%. How long do you think that will take? Two years? Five years? Ten years or more? What if you experience additional losses in the process of trying to get back to even? What if you’re drawing income from this account? What kind of impact will that have?
We believe that the best way to make a dollar is to keep it. Retirement is a critical time and most retirees simply don’t have the time to recoup losses in their portfolios. Let us show you how we help our clients achieve a reasonable rate of return, in many cases averaging 4 to 6%, and without ever subjecting their retirement accounts to loss – guaranteed!
Many of our clients are the ones with the bumper sticker on the back of their RV that says, “We’re spending our kids’ inheritance,” but for many others, their goal is to leave a legacy for their children and grandchildren. That means determining (while you’re still alive) where your assets should go after you die, along with a thorough evaluation of potential tax liabilities, probate avoidance and opportunities to leverage the value of your estate using the most recent estate planning tools.
Because of the constantly changing estate tax laws and emerging vehicles to help you protect and transfer your assets effectively, it’s important to work with experienced estate planning professionals who stay current in this filed and advise clients on a day-to-day basis.
Contact our office today to schedule a one-on-one estate planning consultation.
Changing jobs and retiring are two transition times in our lives that can be stressful. Fortunately, we work with people every day who are in the same situation and looking to take control of an employer-sponsored plan or just need help transferring the money to another employer plan. We make a seemingly daunting task easy and are happy to help you with your qualified plan questions and needs.
Here are four things you can do with the money in your employer sponsored retirement plan:
- Leave the money where it is
- Take the cash (and pay taxes, plus a 10% tax penalty if you are younger than age 59 ½)
- Transfer the money to another employer-sponsored plan (if the plan allows)
- Roll the money over to a self-directed IRA
Let us help you determine if a rollover is the right move for you!
Visit our RetireVillage resource page for additional Annuity and Life information.