Holistic Retirement Planning
Starts With the End in Mind
They’re one of the largest and most influential generations in history, pacesetters and tastemakers in everything from music to politics, fashion to fitness. Now, as millions of baby boomers retire, or prepare to retire, they need someone to show them the way. For many Virginians, that someone is Harbor Wealth Advisors.
The Richmond-based firm focuses on helping baby boomers make the most of their retirement years. “We take a holistic approach to retirement planning,” says Jeremy D. Shipp, CLU®, RICP®, president and founder.
According to Shipp, there’s a lot more to retiring successfully than saving and investing money. How you “de-cumulate” your money – how you draw down your assets to create a retirement income – can mean the difference between enjoying a comfortable retirement for the rest of your life and running out of money.
Real-World Knowledge and Experience
“A lot of people get hung up on chasing a high rate of return to get to a certain net-worth number without addressing the various risks that could derail their retirement plans,” Shipp says. “For example, longevity risk: People are living longer, so your money needs to last longer. Another example is tax risk: What would happen to your income or your portfolio if Congress decided to raise income taxes by 20 percent and all of your money was in IRAs and 401(k)s?”
Other potential risks include inflation, catastrophic illness and estate succession: “What’s going to happen to our money if my spouse or I need long-term care? What’s going to happen to all my assets when I pass away?”
Then there’s investment risk: Market volatility can wreak havoc on retirement income if it’s not planned for in advance. “You need to factor in sequence of returns risk when you start drawing from a portfolio,” Shipp says, “because the order in which your returns occur can have a huge impact on whether or not there’s any money left over.”
“At Harbor Wealth Advisors, we start with the end in mind. Our real-world knowledge and experience guide every plan we create and every recommendation we make.”
1518 Willow Lawn Dr., 3rd Floor Richmond, VA 23230
800-889-1290 | harborwa.com | email@example.com
Jeremy Shipp also provides estate services through Harbor Estate Services, harborestate.com.
Harry F. Byrd, Jr. School of Business Develops Savvy Leaders
Dual MBA Degree Programs Give Students an Edge
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The Harry F. Byrd, Jr. School of Business at Shenandoah University created its dual MBA degrees in nursing and in pharmacy to prepare students for this real world. Through these programs, the Winchester, Virginia, university trains a generation of caregivers who will meet the challenges of a 21st century health care system. …Read More
Confident Leadership and Integrity in the Global Marketplace
For the Liberty University School of Business, producing tomorrow’s business leaders is actually a shortsighted goal.
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Prepared to Make the Difference
An energy producer seeks new ways to market supplemental solar power. Students at James Madison University are full of bright ideas.
A nonprofit organization wants help increasing its social media presence. Mission accomplished, thanks to business students at JMU.
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“We believe student learning is about collaboration and engagement in and out of the classroom,” says Mary Gowan, Ph.D., dean of the College of Business and Kenneth R. Bartee Endowed Professor. “Because of our approach, we have excellent relationships with major companies. These relationships are often because of the success of our alumni.” …Read More
It’s All About the Mission
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Founded in 2002, Eagle Ray, Inc. has been providing government agencies with strategic IT consulting services for over a decade. “Each member of our senior team has a specific expertise,” says Babs Doherty, president and CEO. “No one here is a generalist. We’re an incredible and powerful team that provides the right solutions because we leverage our strengths, do our homework and ensure our clients weigh in before moving forward.” …Read More
CEO Sharon D. Virts Transforms Company From IT Consultant to Process Innovator
FCi Federal Helps Government Agencies Get to Work
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FCi Federal works with government agencies to get important back-office functions finished more quickly and more efficiently. Its employees handle work that would take longer and cost more if done in-house.
This unique company works with large agencies, including the Department of Homeland Security, the Citizenship and Immigration Service, the U.S. Coast Guard, the State Department and federal policing agencies. Employees work behind the scenes to gather documentation and resources that decision makers need to do their jobs, including visa approval and immigration status verification. …Read More
Small-Firm Service. Big-Firm Resources.
What can a wealth manager do for me?
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Estate and Trust Law Is Single Focus of Leading Virginia Legal Team
When asked which of their peers they would recommend to handle estate and trust issues, lawyers in the Washington Metropolitan area repeatedly name the attorneys of Vaughan, Fincher & Sotelo, PC (VFS).*
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Confident Retirement Planning Begins With Independent Guidance
Despite recent unprecedented market volatility, one group of investors is unusually confident about their life plans.
For clients of Lopez Wealth Management, LLC in Abingdon, Va., peace of mind is at their fingertips. An online tool allows them to view their portfolios as frequently as desired to see if their nest eggs’ growth is on target to meet their goals.
“Beating the indices is a good thing, but nothing trumps the confidence of knowing you’re on track and unlikely to outlive your money,” says J. Wade Lopez, CFP®, CEO and founder of the firm, which reports a 98 percent client satisfaction rating. …Read More
Global Logistics Experts Thrive
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