Rick Alford

Rick Alford, CRP, President
Office 972-731-2539 | Cell 214-762-1905 
August 2017
How Did You Spend Your Summer Vacation?
Dear Friends,

The heat of summer is now in full swing. Before the season finally gives way to the gentle onset of fall, I hope you can find the time to check a couple of items off your personal "Bucket List". 
This summer my lovely wife, Jill and I went on a much-needed vacation to the Bahamas. We both took turns swimming with the dolphins and having the time of our lives! Enjoying every moment of life's journey is what we wish for you, too.

Thank you for allowing me the privilege of assisting with your retirement planning needs. I truly appreciate your trust and patronage. 
Social Security cost-of-living adjustment predicted for 2018

Social Security beneficiaries have lost nearly a third of their buying power since 2000 as the costs of items typically purchased by the elderly have significantly outstripped the annual inflation increases in their retirement benefits.  But creeping inflation over the past 12 months may have a silver lining...
A note from the Accounting Sleuth: Stay the Course

There are two truisms we always stress: Markets do not go up in a straight line, and markets recover 100% of the time. We reminded our clients that long-term investors learn to live with corrections that occur with annoying regularity.

We wrote: "Our advice remains, as we reiterated at the end of the first quarter, do not allow the media and short sellers to distract your attention from the quality of the stocks in your portfolio." A year later, and our portfolios have gained on average more than +25%, while the market's +15%.
What the professionals aren't telling you

From an early investment age, many of us are taught the advantages of saving money on a pre-tax basis into a qualified plan.
However, most individuals, many wealth advisers, and even some tax advisers are not familiar with the extraordinarily tax-efficient benefits of using a life insurance "wrapper" to grow and distribute assets.
In This Issue
Planning for Longevity and
Social Security Benefits

Planning for longevity is an often overlooked aspect of when to start claiming your
Social Security Benefits. We cannot predict
our future, but
we can plan for it.

Please join us for an informative event where
we will discuss how
Social Security Planning and longevity work with your retirement plans.

August 15th at 6:30 pm
John & Judy Gay Library
in McKinney
August 17th at 6:30 pm
Schimelpfenig Library 
in Plano

Seating is limited.
Call (800) 989-3572
Reservation #372734
Is It Time to Take Another Look at Fixed Annuities?

One of the most important considerations for your finances, is what portion of your money should be used for "risky" investments and what portion should be kept "safe" to ensure preservation of capital.

For the risky portion, it is typical for advisors to recommend stocks and stock mutual funds.  For the safe portion, a typical recommendation is money market accounts, certificates of deposits or perhaps the most common choice - bond mutual funds.

However, for many investors, there is a lesser known but better alternative than bond funds: a fixed annuity. Why is it better...