Client Profiles

Welch, Marty & Sandy 2013 (534x800) (427x640) (285x276) (2)

When Marty had a belt buckle made in 1981 that read “Retire by March 31, 2006,” he wasn’t joking. After working for Chevron for thirty years, Marty and his wife Sandy decided it was time to start living their lives the way they have always wanted. Marty and Sandy were referred to Financial Celebrations from Attorney At Law Brian S. “We wanted to arrange our investments with someone that had references that we could trust,” explained Marty.

Like so many retirees before them, Marty and Sandy were faced with several decisions to make that would have an impact on how to invest the majority of their life savings. Marty and Sandy were dealing with the question of whether to pay off their home mortgage or not, what changes to their income taxes would be involved when they retire, and how much should they withdraw from their investments over time among many others.

Marty and Sandy began putting their financial team together by meeting with Financial Celebrations, their mortgage lender, and their CPA to get more educated. Marty and Sandy were highly motivated. “My father retired at 55 and passed away at 57, so we were determined to be financially secure at an early age as well as enjoy it along the way,” added Sandy. Marty and Sandy started saving early and often. “We had discretionary savings that we would spend, but we never touched our savings that was set aside for our retirement,” explained Marty. The big question for us was “how do we maintain a similar lifestyle that we currently enjoy without working any longer?”

“The Financial Celebrations Team really took the time to educate us about various types of risk involved with investing so that we could make more informed decisions with our money. As it turned out, I didn’t need more money or another promotion from Chevron. Sandy and I had enough to live on the way we wanted to live already. I feel like this is the first time in my life that I can do what I want to do,” Marty Beamed. Marty and Sandy appreciated the team of Betsy Rogers and Laurie Rosenthal for their efforts in organizing the various forms for their new accounts which made the transition into retirement easier.

What advice do Marty and Sandy have for others thinking of retirement? “Be very careful about having too much of your retirement money in an employer’s stock. Diversify your savings no matter how much you might think you know about the employer stock. When we saw what happened to the employees at Enron, we were determined no to let that happen to us,” concluded Marty and Sandy.

 

Note: (i) Profiles from a brokerage client may not be representative of the experience of other clients; (ii) the profile is not indicative of future performance or success; (iii) it is not a paid testimonial. These profiles are provided for informational purposes only and should not be construed as a recommendation of a particular product.

eichner

We had the great privilege of helping one of our clients achieve the dream we all dream of – retiring from work and starting a new life filled with many hopes and dreams. Not only were we able to help Steve Eichner and Marlene King retire – we were able to give them the great news that they could possibly retire five years early! What an exciting time this has been. Through the financial planning process and securing their new home mortgage we have been fortunate to see what was once a dream for them has become their reality.

Now that Steve and Marlene are settled in their new home in Oregon we had an opportunity to visit with them about their experience and their thought process leading up to their big move.

They shared with us they felt it was time for them to sell their existing home in Vacaville because the home prices were appreciating so quickly and they knew the market would eventually slow down. Since the equity in their home played a significant role in their financial plan they felt it was important to act fast.

Initially, they met with us to analyze some financial scenarios and they realized they could retire in Vacaville, however due to their house payment and cost of living it would require them to tighten their belt a little. They went on to realize they could actually have more disposable income as retirees in Oregon versus Steve continuing to work in Vacaville. This revelation made the decision that much easier.

Steve and Marlene said some of the biggest challenges they faced were, not knowing if they could find a house in their price range so their financial budget would work and the idea of walking away from a 25 year career was a bit unnerving for Steve.

Marlene shared that she felt most confident that their plan of retiring early and obtaining the financing they desired was the day their Vacaville home went into escrow for their asking price.

“The first seven days I had all these fears,” she shared. Steve went on to add that he felt most confident when Financial Celebrations helped with the Mortgage Loan Services and the Eichner-King’s local realtor, Rusty Simmons handled the sale of their Vacaville home. “We wanted to take our team with us to Oregon to help us up there. It’s quite scary working with people you don’t have a relationship with. It left us feeling very vulnerable, unlike the feeling of being cared for which is how we feel working with Financial Celebrations.”

Steve and Marlene’s advice to others is, “be not afraid” and “avoid silly debt.” Steve encourages people to “live conservatively today so that you’ll be positioned to take advantage of opportunities down the road.” They add, “Once you make up your mind to do something – then go for it and don’t be afraid to act fast.” “Get clear on what is driving you and really evaluate how important is working another five years if you don’t have your health or you aren’t able to enjoy your loved ones? This is the American dream to retire at 50 with my health and with Marlene by my side!” Steve joyfully shares.

 

Note: (i) Profiles from a brokerage client may not be representative of the experience of other clients; (ii) the profile is not indicative of future performance or success; (iii) it is not a paid testimonial. These profiles are provided for informational purposes only and should not be construed as a recommendation of a particular product.

Teel, Dudley and Rie

Rie and Dudley Teel were feeling like their investments were stagnant which is what motivated them to proceed with their retirement planning. They had gone to several other financial planners and felt that they weren’t personable and did not follow through. They were most uncertain about retirement. After the real estate market decline, their investment properties made them feel like, “What retirement?” They knew they needed to put money away in retirement type investments as well as keep up their real estate investments up. They just didn’t know where to begin.

The biggest, and most immediate, challenge they felt they were facing was finding a financial planner that they felt comfortable working with. After their first visit with Laurie and Betsy, Rie and Dudley both felt excited because they knew they were on their way to beginning again!

The one thing that most surprised Rie and Dudley was how Financial Celebrations really wanted to get to know about them personally. The one piece of advice that Rie and Dudley would share with others is to follow-up and take action to get the planning started as soon as possible.

 

Note: (i) Profiles from a brokerage client may not be representative of the experience of other clients; (ii) the profile is not indicative of future performance or success; (iii) it is not a paid testimonial. These profiles are provided for informational purposes only and should not be construed as a recommendation of a particular product.

Sandy hugging child web

Considered to be one of the most impoverished and often dangerous countries in the world, Financial Celebrations client Sandy Long, decided she needed to do something to help the children of Haiti. “I had always wanted to help children in need. I just thought I would be helping the kids in the inner cities of New York,” shares Sandy. When Sandy’s church organized a team of twelve to travel to Haiti, she jumped at the opportunity to go.

The group met with Danita’s Children Orphanage in Quanaminthe which is about two hours outside of Port Au Prince. “When I got there, it was overwhelming. What I saw was devastation. Garbage was everywhere and the stench in the air was really bad. The water quality was so bad that none of us were allowed to drink from it,” Sandy recalls. Because Haiti suffers from so much government corruption, the people in Haiti are caught in the middle of extreme civil strife.

Sandy saw many children begging for food due to the starvation problem in the country. Many of the parents are too poor to care for their children. “We took clothes, diapers, baby food, and shoes to help these families as best as we could.

Many of the families could only feed their children three to five times per week while they lived in huts with dirt floors without doors. I put shoes on about nine children and played with them. The children were so grateful and they would hug me. It was the most eye opening experiences of my life.”

Prior to traveling to Haiti, Sandy had a series of immunization shots and got her passport updated. “It is helpful to have an internet connection while you are there, as well as a rain coat and mosquito repellent. I would definitely go back. Everyone should have this experience at least once in their life.”

Note: (i) Profiles from a brokerage client may not be representative of the experience of other clients; (ii) the profile is not indicative of future performance or success; (iii) it is not a paid testimonial. These profiles are provided for informational purposes only and should not be construed as a recommendation of a particular product.

Gordon Troxell Gets Ride In Fighter Jet  While Enjoying Retirement

Retired client, Gordon Troxell, got an opportunity that few ever get in their entire lifetime – the chance to fly in a Russian MIG fighter jet. Gordon has lived in Vacaville, California, with his wife Ernestine for several years and has always had a desire to fly in some of the more historical planes in the world’s history. One could hardly find anything more exciting and exhilarating than the opportunity to fly in a Russian MIG jet.

While Vacaville is commonly viewed as a small suburban community to the bay area, it does have a rather unique airport that was part of the Nut Tree development several years back. Gordon happened to know the maintenance supervisor at the airport and was having a conversation with the supervisor when Gordon watched the fanciful Russian MIG jet take off from the airport runway. “I made a remark that it ‘sure would be great to ride in a plane like that one,’ to the supervisor,” explains Gordon. As it turns out, the supervisor had a good relationship with the pilot of the jet and told Gordon that a ride in
the jet might be possible. “I really didn’t think much of it at the time,” adds Gordon.

Two weeks later, however, Gordon got a call at home telling him that if he wanted a ride on the jet he would need to come down to the airport that same day. “Gordon practically ran out of the house,” shares Gordon’s wife Ernestine. “I had to stop him and ask him if he was at least going to say goodbye.”

So what was it like to fly in a fighter jet? “It is almost impossible to describe,” shares Gordon. “The ride in the air is very smooth, and everything is happening so quickly. The speed at which we were traveling was so fast that I really don’t know how to explain it. Everything is moving so fast. At one point, we were somewhere over Davis (about seven miles from the airport) radioing to air traffic control that were coming in to land, and in a flash, we were landing with our wheels touching down,” Gordon adds. To ride in a Russian MIG fighter jet, for most of us, is a once in a lifetime experience. What does Gordon tell others that would like to create their own special experience during retirement? “Never give up on pursuing your dreams, and have patience because your opportunity will come. The key is to recognize the opportunity when it presents itself,” advises Gordon.

(i) Note: Performance-based criteria are not used in determining which clients to highlight, and the clients’ participation is not an endorsement of our services. It is not known whether the highlighted clients approve or disapprove of our services provided at this time. The sole purpose is to recognize the personal achievements of the clients. Any client who would like to participate is welcome to be included.

Note: (i) Profiles from a brokerage client may not be representative of the experience of other clients; (ii) the profile is not indicative of future performance or success; (iii) it is not a paid testimonial. These profiles are provided for informational purposes only and should not be construed as a recommendation of a particular product.