In March, Longevity Alliance announced the latest addition to its portfolio of services for retirees and pre-retirees. The new service is designed to help people continue to grow their financial resources and generate the income they need to live on when they retire. The program (www.longevityfinancial.com) provides investment diversification to minimize risk, income planning and portfolio monitoring services.  In talking with people across the country, these are the issues that we found so many people struggling with as they age.

This new financial service offers baby boomers and retirees a new kind of financial peace of mind. At Longevity Alliance, we see that too often people underestimate their costs in retirement, ignoring the potential high costs of health and long-term care. Or, they take too much out of their investments as income or don’t adopt an investment strategy that keeps their money growing in retirement. The key to peace of mind is taking the first step by planning for a long-term financial future.

You’ll find our approach a bit different from traditional do-it-yourself or full-service investment manager approaches. The service provides ongoing financial advice at a value-priced rate and specializes in income planning in retirement. Now available through our call center, here’s what you can expect.  An investment counselor will walk you through a free step-by-step assessment of your current investment strategy. Then you will receive our recommendation — a brief written document that outlines a strategy and investment alternatives. When you decide to move forward with the plan, our advisors continuously monitor it for optimum performance and fit with your stated objectives.  The advisor will also work with you to re-balance the portfolio or change the objectives to fit your current resources and needs.

Investment advice is offered by Longevity Alliance employees who are registered representatives of Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor.

The core investments in the recommended portfolio include low-cost index funds; both exchange traded funds (ETFs) and open-end funds. The total expense to customers for the Longevity financial service is targeted to be one percent or less of the amount invested.

“I have worked in investments for over 30 years and I have seen millions of middle-market retirees or pre-retirees who have $100,000 to $1 million in assets that are languishing in low-return CDs, bonds or an unplanned collection of investments,” said Joe Chadwick, Director of Financial Services for Longevity Alliance. “The fact is that retirees need to diversify, plan and manage their investments so that the financial resources last as long as the people who own them. And they need to do that while realistically considering future health care costs.”

I invite you to check out our new service and see if we can help you better prepare for a financially sound long life.  You can reach Longevity Financial at 1-800-841-7288.