Question: I’m 54 years old and have an IRA account with $27,000 in it, but it’s been decreasing over the years even though I contribute $100 per month. I have the funds allocated between mid-cap value funds, core-plus bond funds, investment funds and smart retirement funds. The recent market conditions have not affected my account a great deal, but I’m wondering if I should consider a reallocation of the funds since I’m losing money? I would really like to ramp up my retirement savings since I plan to retire in 10 or 11 years and would like to have enough saved. My husband currently has a 401(k) through his employer that offers a company match and he has about $150,000 saved, but I fear that between the two of us, that’s not enough. I’ve been considering talking to a financial adviser, but would that even help?
Jennifer has been in the wealth management industry for over 35 years, with a primary focus in managing financial services for high net worth individuals. Activities included extensive consultation and support to the investment advisors and their clients through the utilization of a full balance sheet and financial planning approach. Identification and deployment of services, ranging from banking and customized lending, investment management and insurance, and detailed estate and tax planning.
Jennifer has a very strong trust background and has become a liaison for third-party fiduciary trust services across the country. Enabling investment advisors and their clients to maintain investment advisor consistency, while providing beneficial tax situs, creditor protection, and legacy planning if required.
Jennifer’s strength is relationship management. Providing services and solutions to the advisor, while ensuring prompt responsiveness to inquiries.