What can Florida Retirement Solutions offer you?
Our products and services can be mixed and matched to create a plan that serves your needs. If you don’t see what you’re looking for, simply ask—we’ve seen a lot over the years, and it’s likely we can help with what you need or put you in touch with someone who can.
Retirement Income Planning
Are you sure you won’t outlive your income in retirement?
No two careers follow the same trajectory. Following that, no two retirements are quite the same, either. Everyone will have different goals, needs, and strategies.
We take the time to listen to your needs and formulate a plan to take you from the accumulation phase of your life to the distribution phase. According to one study, 43% of people in America aren’t afraid of being bored, unable to travel, or dying in retirement—their #1 fear is outliving their money.¹ That number jumps to 60% when you look at Baby Boomers. These fears, according to the data, are justified: People in their 50s have only saved an average of $117,000 for retirement. Experts say a “healthy” retirement savings account would have something like six times a person’s current salary.¹ This disparity, to say the least, is striking.
Whatever your plan, and whatever your retirement goals, our firm could help you put together a retirement income plan. We’re ready to listen, we’re ready to lend our experience.
¹ Catey Hill, “Older People Fear This More than Death,” MarketWatch, accessed July 24, 2019, https://www.marketwatch.com/story/older-people-fear-this-more-than-death-2016-07-18.
We take the time to listen to your needs and formulate a plan to take you from the accumulation phase of your life to the distribution phase. According to one study, 43% of people in America aren’t afraid of being bored, unable to travel, or dying in retirement—their #1 fear is outliving their money.¹ That number jumps to 60% when you look at Baby Boomers. These fears, according to the data, are justified: People in their 50s have only saved an average of $117,000 for retirement. Experts say a “healthy” retirement savings account would have something like six times a person’s current salary.¹ This disparity, to say the least, is striking.
Whatever your plan, and whatever your retirement goals, our firm could help you put together a retirement income plan. We’re ready to listen, we’re ready to lend our experience.
¹ Catey Hill, “Older People Fear This More than Death,” MarketWatch, accessed July 24, 2019, https://www.marketwatch.com/story/older-people-fear-this-more-than-death-2016-07-18.
Insurance Planning
We offer a wide array of insurance strategies for individuals and businesses.
Life insurance. Life insurance, as the saying goes, is for the living. We leverage a wide array of products and services (such as IUL or Whole Life) to make sure you’re using your money efficiently when it comes to coverage. Not every policy will be right for everyone. That’s why we look carefully at every option for individual clients.
Long-term care. Not everyone has savings to cover the cost of nursing-home care, home-health care, or personal or adult care for people ages 65 and up. Some people fear facing a debilitating or chronic condition in retirement that depletes their savings and affects their legacy plans for their family. One option these people might have is long-term care insurance.
Retirement income planning. No two careers follow the same trajectory. Following that, no two retirements are quite the same, either. Everyone will have different goals, needs, and strategies. We take the time to listen to your needs and formulate a plan to take you from the accumulation phase of your life to the distribution phase.
Social Security maximization. Social Security is the United States’ federal “Old Age, Survivors, and Disability Insurance” (OASDI) program. It’s overseen by the Social Security Administration. The program can seem complicated, but we could help you maximize your benefits from it.
Tax efficient strategies. The U.S. tax code is another seemingly complicated document. We have strategies that we could help you with to implement the most tax-efficient version of your retirement income plan. Contact us to learn more about these strategies and if they’re right for your situation.
IRAs and IRA rollovers. Keeping track of what you’ve saved for retirement is paramount to creating a plan going forward. You need to know where your money is, how much money you have, and how you can distribute it when you reach the age you choose to retire. We can help you keep track of your accounts and roll them over if needed.
401(k) rollovers. Just like IRAs, 401(k) accounts need to be kept track of, and managed by the employee—they are not an employer’s responsibility. They’re your retirement savings. We help you with your 401(k) and make sure it has a place and a purpose in your overall financial plan.
Legacy planning. No one likes to think about estate or legacy planning—however, most people want to leave a legacy for their families and communities, if they can. We help you find a way to leave some impact on the world after you’re gone.
Long-term care. Not everyone has savings to cover the cost of nursing-home care, home-health care, or personal or adult care for people ages 65 and up. Some people fear facing a debilitating or chronic condition in retirement that depletes their savings and affects their legacy plans for their family. One option these people might have is long-term care insurance.
Retirement income planning. No two careers follow the same trajectory. Following that, no two retirements are quite the same, either. Everyone will have different goals, needs, and strategies. We take the time to listen to your needs and formulate a plan to take you from the accumulation phase of your life to the distribution phase.
Social Security maximization. Social Security is the United States’ federal “Old Age, Survivors, and Disability Insurance” (OASDI) program. It’s overseen by the Social Security Administration. The program can seem complicated, but we could help you maximize your benefits from it.
Tax efficient strategies. The U.S. tax code is another seemingly complicated document. We have strategies that we could help you with to implement the most tax-efficient version of your retirement income plan. Contact us to learn more about these strategies and if they’re right for your situation.
IRAs and IRA rollovers. Keeping track of what you’ve saved for retirement is paramount to creating a plan going forward. You need to know where your money is, how much money you have, and how you can distribute it when you reach the age you choose to retire. We can help you keep track of your accounts and roll them over if needed.
401(k) rollovers. Just like IRAs, 401(k) accounts need to be kept track of, and managed by the employee—they are not an employer’s responsibility. They’re your retirement savings. We help you with your 401(k) and make sure it has a place and a purpose in your overall financial plan.
Legacy planning. No one likes to think about estate or legacy planning—however, most people want to leave a legacy for their families and communities, if they can. We help you find a way to leave some impact on the world after you’re gone.
Florida DROP Planning
If you're wrapping up your stint in Florida's DROP program, we could help you transition to full retirement.
Are you part of Florida’s Deferred Retirement Option Program (DROP)? It’s the program that gives you an alternative method of payment for your retirement benefits if you’re eligible—meaning you’re part of the Florida Retirement System (FRS) Pension Plan.¹ This means you’ve been working while your monthly retirement benefits accumulate interest in an FRS Trust Fund account. When you stop working, your DROP account is paid to you as a lump sum or a rollover, or some combination of the two. We could help you with that part of the process.
Contact our team today to get started. We’re standing by, ready to help you transition to the retirement you deserve.
1 | “Deferred Retirement Option Program (DROP) / Members / Retirement / Workforce Operations / Florida Department of Management Services - DMS,” accessed March 11, 2020,
Contact our team today to get started. We’re standing by, ready to help you transition to the retirement you deserve.
1 | “Deferred Retirement Option Program (DROP) / Members / Retirement / Workforce Operations / Florida Department of Management Services - DMS,” accessed March 11, 2020,
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Let's create something togetherYou need a partner who will listen to your needs. You need someone who can help you take your ideas, and your long-term goals, and make a plan that could turn them into a reality. That’s where we come in. Reach out. Let’s get started.
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