Somerset Wealth Strategies

Your Goals

Objective Advice From Independent Advisors

Straight Path

Your goals are the driving force behind the financial guidance we offer. As independent advisors, we select the products and strategies that are right for you. Our recommendations are designed to reduce your risk to maximize your returns. Our thorough process ensures that your plan is customized to meet your specific needs and goals.

We are not beholden to the corporate agenda of a Wall Street firm. We are not influenced by an investment banking arm. Our research on your behalf is thus not tainted by conflicts of interest that have plagued Wall Street giants.

Our comprehensive services span the broad range of financial issues you must address:

  • Customized Financial Planning Strategies
  • Annuities (fixed, variable, fixed indexed, immediate)
  • Secondary Market Annuity Strategies
  • Managed Money RIA (Fee Only) Services
  • Guaranteed Retirement Savings Protection
  • Net Income Return Optimization
  • Tax Strategies
  • Wealth Transfer and Legacy Planning
  • Estate Planning Strategies
  • Trust Services
  • High Net Worth Strategies
  • Disability
  • Long Term Care (LTC)
Click Here to Start Planning Your Financial Future

Retire Now!

You may be much closer to retirement than you think. Your ability to retire and retire well comes down to three core questions:

  1. Do you have the money?
  2. Do you have the vision?
  3. Do you have a plan?

Do You Have the Money?

For most of our clients, this is the easy part. You’d be astounded at what possibilities open with some restructuring and the right strategies and products, which transfer and reduce risk.

Our goal is to help retirees enjoy the fruits of their savings without chopping down the tree. Building a large nest egg is much easier than you may be thinking—especially when you learn how to reduce your risk.

It’s not enough to have the money to retire now. Implicit in the question of whether or not you have the money to retire is another question: How long can you stay retired?

We don’t just help people retire—we specialize in helping them stay retired. This is one reason why we recommend carefully chosen annuities. As Professor David Babbel of the Wharton School of Business explained*:

“Living too long is fast becoming the major financial risk of the 21st century. Combined with the challenges facing Social Security and the decline of corporate pensions, this adds up to a ‘perfect storm’ for retirees who might outlive their retirement nest egg. Compounding our concern is that those who have chosen to annuitize their wealth through private annuity purchases are relatively few today. Our research shows that...income annuities clearly should be more widely used, given that highly rated insurance companies are reliable and inexpensive sources of guaranteed income streams in retirement.”
*Guarantees are based on the claims-paying ability of the insurer. Fixed annuities are long-term investment vehicles designed for retirement purposes. Consult with a financial advisor prior to making an investment decision.

Do You Have the Vision?

Surprisingly, fewer people have a clearly-defined vision of retirement than people who lack the money to retire. This stands to reason—if you don’t think you have enough money to retire, why would you create a detailed vision?

ven if a person has the money to retire, if they don’t have a vision, retirement will be unfulfilling and disappointing. Retirement is less about slowing down and more about refocusing your energy. Just because you’re not working 8-10 hours a day doesn’t mean you’ll be lazing around.

Your retirement years can be the best, most fulfilling of your life. Retirement is your chance to check off your bucket list. You’ve earned your fortune—now it’s time to focus on impact. It’s your time to make a difference and leave a legacy through whatever’s important to you: family, philanthropy, politics, social change, etc.

Do You Have a Plan?

This is where most people fail. They have the money (or at least are on track), they may even have a fairly clear vision of how they want to spend retirement, but they simply don’t have a plan to get from where they are to where they want to go.

Our planning process helps you develop the right plan.

Click Here to Start Planning Your Financial Future *Links are being provided for information purposes only. Raymond James is not affiliated with and does not endorse, authorize, or sponsor any of the listed websites or their respective sponsors. Raymond James is not responsible for the content of any website or the collection or use of information regarding any website's users and/or members.