Tell us what matters today.
We talk about your family, your commitments and the goals you want to protect. We also discuss the questions that have kept you from making a decision.
Life insurance and retirement planningYOUR LIFE DESERVES
YOUR LIFE DESERVES
A FUTURE WELL PLANNED.
PARTNERS FOR LIFEProtection for your life.
Protection for your life.
Clarity for your decisions.
Life insurance, retirement planning and guidance in your language. Understand your options and make decisions with the people who matter most in mind.
Your story comes first. Your options, clearly explained.
Over 30 yearsof insurance experience
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PROTECTION WITH PURPOSEWhat matters to you changes.
What matters to you changes.
Your protection can change, too.
Starting a family, approaching retirement or reviewing a policy: every stage brings different questions. We help you put them in perspective.
PARTNERS FOR LIFE · ALWAYS CLOSEClose to you.
Close to you.
Part of your future.
A conversation in your language.
Support for every stage.
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HOW OUR SUPPORT BEGINSFrom your questions
From your questions
to your next step.
A clear process so you know what to expect from our first conversation.
Understand your options with us.
We explain coverage, costs and conditions in plain language, so you can compare and ask questions with confidence.
Work out what comes next.
We help you identify your next step based on your needs and the available options. With the information in front of you, the decision is yours.
How we support youAn honest conversation.
An honest conversation.
Personal support.
Before discussing a policy, we want to talk about you: the people who depend on you, your commitments and your hopes for the future. We explain your options at your pace, with support in Spanish, so you understand both the benefits and the conditions.
Free resourcesMore knowledge.
More knowledge.
Better questions.
Ideas for your futureYour real life.
Your real life.
Conversations that matter.
You do not need
all the answers.
Just a starting point. Tell us what concerns you, what you want to protect and what you hope to build.
Our servicesClear options.
Clear options.
Confident decisions.
Your situation, priorities and goals are our starting point.
Where should I start?
I want to protect my family financially
We can discuss your needs and explain your life insurance options. Coverage and availability depend on each policy and the insurer’s evaluation.
I want to prepare for retirement
We will review your goals and explain how annuities work, including their terms, costs and limitations.
I have a policy and need guidance
Tell us your questions so we can arrange a review with our team.
Partners for LifeA relationship that continues
A relationship that continues
after you choose your policy.
We are an independent insurance agency. We support you with information, resources and guidance.
By your side, step by step.
With over 30 years of insurance experience, we put conversation and understanding at the center of our work.
We serve California, Texas, Arizona and Nevada, with an office in Riverside, California.
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Explore your options at your own pace.
Learn with usFewer doubts.
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Articles organized around the topics that matter to you.
Free resource libraryYour future, explained
Your future, explained
in plain language.
Two guides to help you start understanding life insurance and annuities.
Free guide
Life insurance 101
A starting point to help you bring better questions to your next conversation.
Understand the essentials.
An introduction to the basics, the options and the questions you can discuss with your advisor.
We are here to listenLet’s talk about what
Let’s talk about what
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Call Partners for Life
(855) 436-6552
Visit us in Riverside
3359 Chicago Ave, Suite A
Riverside, CA 92507
Contact us to arrange your visit.
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California · Texas · Arizona · Nevada · Florida · Georgia · Kentucky
And more states. Ask about availability in yours.
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Learn how to access the academy and ask our team about the available content.
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Okay, When Do I Really Need to Start Saving for Retirement?
No matter how old you are, the most honest answer to that question is today. The challenge of saving enough for a secure, protected life and a comfortable retirement is too great to wait. You will need a lot of money.
You may want to accumulate more than a million for retirement. Reaching that figure could take some time, assuming you have steady income and can save a percentage of your salary. But it will take more than saving 10% of your income during the last 10 years of your career. You may need more than that amount. You need to sit down and run the numbers to see where they lead based on your expectations.
The Power of Compounding.
A dollar contributed to your retirement savings 40 years before retirement will grow to almost $15 by the time you retire if you invest at a reasonable 7% rate of return. That is the power of compound returns. Over thirty years, the contribution will grow to a little more than half that amount. Money you save early in your career has far more power than money you save later.
How Much Are You Saving?
If you begin saving consistently for retirement 40 years before you retire, you may accumulate enough by saving less than 10% of your salary. If you wait until age 30 to start saving, you may need to save 10% of your income. It is difficult to say here, however, without considering the lifestyle you want in your dream retirement. The assumption is that you will try to lead a frugal, quiet life.
If you wait until 20 years before retirement, you may be unable to accumulate as much by saving 20% as you could have a decade earlier by saving 10%. If you wait until ten years before retirement, reaching even a modest goal that allows you to live with dignity will be virtually impossible.
Social Security
For those who retired before the turn of the millennium, Social Security represents an important part of retirement. With benefits indexed to inflation, they are unlikely to notice a significant decline in their benefits' purchasing power during their lifetime. Someone retiring now will probably notice that their benefits do not buy as much as they did twenty years ago.
The conclusion, of course, is that retirement savings are more important for future retirees than they were for current retirees. No matter your age or when you plan to retire, you will be better prepared if you begin saving for retirement today.
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