Schwartz Financial Associates, Inc


701 Route 73 North Suite 6, Marlton, NJ 08053

Phone: (856) 216-0390



March/April 2019

Retirees Stay the Course

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Has life thrown you a curveball and knocked your retirement expectations off track? With the help of a financial professional, you may be able to find alternatives to most financial setbacks and get back on track. Here are some post-retirement challenges and their potential solutions.

Home Repairs
You need a new roof or heating system and you don’t have the money budgeted for it. Now you have to withdraw more from your retirement funds than anticipated. While establishing an emergency fund equal to a few months of expenses won’t help you this time around, it may help you the next time you incur a large, unexpected expense.

Vacation Envy
If you budget to the penny because you lack disposable income, it can be next to impossible to find the money to take a vacation. You might consider going away by car instead of flying or vacationing with family and friend when they make the offer. But if you really can’t find the money for a vacation, or for an emergency fund for that matter, consider getting a part-time or temporary job.

Health Insurance
When a costly illness is your biggest financial risk, it pays to have the right health insurance. Make sure you have not only basic Medicare, but other insurance you need to defray out-of-pocket costs.

There’s More
Other risks to your retirement security include an increase in your tax rate, withdrawing too much or too little — with the latter resulting in penalties for not taking required minimum distributions, investing too aggressively or conservatively, and outliving your retirement income. Your financial professional can suggest investments to help alleviate these concerns.

*Converting from a traditional IRA to a Roth IRA is a taxable event. A Roth IRA offers tax free withdrawals on taxable contributions. To qualify for the tax-free and penalty-free withdrawal of earnings, a Roth IRA must be in place for at least five tax years, and the distribution must take place after age 59 1/2 or due to death, disability, or a first time home purchase (up to a $10,000 lifetime maximum). Depending on state law, Roth IRA distributions may be subject to state taxes.


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Registered Representative offering securities through Cetera Advisor Networks LLC, member FINRA/SIPC, a broker/dealer and a registered investment adviser. Cetera is under separate ownership from any other named entity.
Advisory Services and Financial Planning offered through Vicus Capital, Inc., a Federally Registered Investment Advisor.
For a comprehensive review of your personal situation, always consult with a tax or legal advisor.  Neither Cetera Advisor Networks LLC nor any of its representatives may give legal or tax advice.
Schwartz Financial Associates, Inc and LTM Marketing Specialists LLC are unrelated companies. This publication was prepared for the publication’s provider by LTM Client Marketing, an unrelated third party. Articles are not written or produced by the named representative.

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