Issues for Florida investors: Retirement savings, lifetime income, annuities, investment advice, financial planning, real estate, insurance, estate planning, or business benefit plans.

Search and find Florida financial planners, investment advisors, and insurance reps in the following cities:

Miami, Tampa, Orlando, Jacksonville, Tallahassee, Naples, Fort Lauderdale, West Palm Beach and Boca Raton. If you are looking for a different location, search here.

Recent Posts:

November 6, 2008: How to find Socially Responsible Investment Advisors (SRI) in Florida

One of the faster growing areas of investments is socially responsible investing, which includes several areas such as investing in green and sustainable companies, alternative energy, avoiding "sin stocks" such as alcohol, tobacco and weapons, and investing in companies with good corporate governance. There are now financial advisors and investment advisors who specialize in socially responsible investing and many boast of attractive investment performance as well as fulfilling social goals.

Many individuals, politicians and even a few Hollywood celebrities have turned a portion or all of their personal investments over to socially responsible investment advisors. Investors can easily start their search for an advisor by reading the following article and the search tool on the following site: How to Find a Socially Responsible Investment Advisor (SRI).

May 6, 2008: Florida real estate investors turn to financial advisors

Throughout Florida, real estate investors in Miami, Tampa, Naples and across the state are being affected by the downturn in the market. As investors, these individuals need to take the following action to help insure their financial health:

1. Find a good investment advisor, wealth manager, or financial planner who has experience with real estate. There are many advisors and planner in Florida who understand real estate, including the financing, taxes and current conditions. These advisors can look at your holdings in the context of your overall financial plan.

2. Work with your wealth manager or investment advisor to look at your holdings and make sure you are diversified. If you have a diversified portfolio, a small portion in underperforming real estate may not affect your financial health. If you are not diversified, and you bet too much on real estate, then you will need to seriously consider when to take a loss and may have to work with your advisor to change your financial plan to include a delayed retirement or lower spending.

Many Florida investors are in a serious situation and need to take action now. The first thing to do is find the wealth manager or investment advisor with experience that you can trust. The second is to review your financial plan with all options on the table.

January 13, 2008: Retirement planning shifting to providing retirement income.

We are seeing the beginnings of a major shift in financial planning in Florida. The past 10 years have been a period of major ACCUMULATION of investment assets by baby boomers in Florida, while the next 20-30 years will see a DE-CUMULATION of investment assets. In other words, Florida baby boomers have been saving up for retirement. Once they retire, they will need to start spending down their nest eggs.

How do you do that? Well, some people retiring today have pensions which will support them. However, most people who are soon to be entering retirement in Florida will have to work with a financial planner to create their own "retirement paycheck". This often means a combination of Social Security, having a plan to sell and spend a portion of their investment accounts, and the purchase of annuities which can provide a guaranteed lifetime income.

Your current age, your spending, and your planned retirement age have major impacts on how much you will need to support your retirement. A Florida financial planner or investment advisor can work with you to analyze your financial plan. After meeting with their advisor, many people realize they should change part of their plan, like working a little longer or spending less. Others will be happy to hear their advisor tell them their income should last. Younger savers can also benefit, by looking at the various savings "buckets" (401k, IRA, Roth IRA, taxable accounts, etc) you are using for retirement income.

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