Welcome to the Haller Financial Group
Retirement planning for the New Millennium
Navigating these ever-changing economic times can be a daunting task without professional help. Planning for retirement is not just about seeking high rates of return and growing your portfolio—there are also numerous risks to consider!
For The Individual
- Longevity Risk: The risk of outliving your money.
- Interest Rate Risk: The interest that banks pay may not keep pace with inflation.
- Market Risk: Stocks, bonds and mutual funds are subject to market volatility.
- Time Horizon Risk: As one ages, the less time there is to recover investment losses.
- Tax Risk: Congress, state legislatures, and city hall do not guarantee future tax rates.
- Inflation Risk: Inflation will cause the purchasing power of money to decrease.
- Social Security Risk: The government does not guarantee Social Security benefits.
- Pension Risk: Underfunded pension plans can decrease or even end benefits.
- Health Risk: Nursing home care can severely shrink assets for surviving loved ones.
- Financial Estate Risk: Estate shrinkage from taxes, fees, court costs, and creditors.
For the Business Owner
- Business Risk: No exit strategy for your business, resulting in the loss of its value.