Many factors have increased the need for financial planning over the last decade. Our national divorce rate is still over 50%, however failed marriages among people over 50 has doubled from 1990 to 2010. This is one reason why one in five Americans over 65 are still working, twice as many since 1980’s. Divorced people are more likely to be poor in their 60’s and beyond.

The retirement landscape has also changed. Four and a half million retired Americans over age 50 have gone back to work or taken volunteer roles. Some are returning to work to postpone social security benefits to age 70. Social security benefits deferred after age 65 increase 8% yearly for every year you postpone until age 70. This can be a greater raise than many achieve in their investment portfolios.

Many are still uncertain on how much money they will need for retirement, and how much to save annually to achieve that goal. Creating a diversified portfolio can also be challenging with the addition of new investment options and lower expected returns, and different fee structures. At retirement, selecting the best distribution plan while minimizing income taxes and preserving principal, takes on a new challenge as we move from the accumulation stage to the distribution phase. As we live longer we are also faced with dealing with issues of dementia and end of life planning for our clients.

Who can you trust for sound advice? Sylvia Brim, CPA, CFP is President and owner of Retirement Planning Associates, an independent Financial Planning Firm founded in 1992,that charges hourly rates for advice and offers fee based investments. “Our sincere concern for our clients’ financial and emotional wellbeing helps create a comprehensive long-term financial plan as well as providing advice on maintaining a diversified investment portfolio that balances emotional comfort with financial goals.” She offers the wisdom and knowledge that clients can trust and the commitment to maintaining long-term relationships.

Brim stays current with ongoing educational opportunities to advance her knowledge and to better serve her clients. She has earned the professional designation of Certified Public Accountant and Certified Financial Planner practitioner. She is a member of the Iowa Society of CPAs, the Financial Planning Association, and an Investment Advisor Representative of Retirement Planning Associates and National Planning Corporation, NPC. She is also licensed for insurance and securities in ten states.

Brim conducts presentations on financial topics at hospitals, colleges, businesses, and professional organizations, both locally and nationally. She speaks on topics such as Financial Strategies for Women, Achieving Peak Performance, Achieving Financial Independence, and Divorce Planning.

Throughout her career, Brim has been recognized for her hard work, professionalism, and dedication to clients. She is a Hall of Fame qualifier for the esteemed Million Dollar Round Table, a trade organization founded to help top financial advisors establish best practices and ethical ways to advise clients. She has served on various committees including the Finance committee for MDRT and their Foundation, as well as the Grants committee. In 2016 she was able to obtain a grant for the National Czech Slovak Museum as a cosponsor of the Participating in Democracy Forum. Sylvia has also been recognized in the YWCA Tribute to Women as an outstanding woman in her field.

Brim also believes in being an active member of her community. She began Grandma’s Heart of Hope to help low income individuals and families with household furnishings. She is also active in mission work in the Wellington Heights Area for several years. She is active in several prayer ministries.

If you’re ready to get the financial advice you need, give Sylvia Brim a call. She’s eager to work with you as a partner in creating a secure financial future. “We work with our clients to educate and empower them,” says Brim, “to make the best possible financial decisions in a changing and complex financial environment.” An initial free complementary meeting is offered with the mention of this article.

Services
•Budget and cash management planning
•Retirement accumulation and distribution planning
•Educational planning
•Social Security maximization
•Estate and tax planning
•Pre-divorce planning
•Business succession planning

Additional Investment Advisory Services offered through Retirement Planning Associates, a Registered Investment Adviser. Securities and Advisory services offered through NATIONAL PLANNING CORPORATION (NPC), member FINRA/SIPC, A Registered Investment Adviser. Retirement Planning Associates and NPC are separate and unrelated companies.

Retirement Planning Associates
(319) 366-8866 www.thefinancialfitnessgroup.com
Sylvia.brim@natplan.com


 

©Copyright City Revealed 2016