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Christine works with professionals and individuals to help them better protect, grow and utilize their wealth through retirement

I have seen the detrimental effect

bad financial planning has had on families. It's part of my job to advocate on behalf of the fathers, mothers and children of the community to make sure that it does not happen to them. Meeting with me, and my experienced associates, could change your life and help provide you the balance you need for true success.

I am especially interested in Retirement Planning.   Having the ability to retire comfortably and free from financial pressures remains the main issue for my clients. It is critical that your retirement have a well planned distribution strategy that provides a rising income that is built to last.

Christine Lapidus

P. 323-556-0298

Cell, 239-839-2559


The 12 Steps to Living Confidently:

How to Retire With Confidence

Imagine you’re planning a round-the-world cruise. It won’t happen for a few years but you’re serious about going. One of the first things you do is figure out the cost. As the date draws closer, you nail down the exact amount of money you’ll need.

Now, imagine you’re planning to retire. Wouldn’t you do the same thing? Figure out exactly what it will take to keep you afloat during your retirement journey?

Most Americans don’t. In one survey, only 14% of pre-retirees knew what their Social Security payments were likely to be at retirement.1

“That’s scary,” says Douglas Dubitsky, Guardian Vice President, Product Management, Retirement Solutions. “Social Security benefits were never meant to be the only source of income in retirement. Understanding your benefits will help you plan confidently for retirement. And we know that having a plan is one of the key behaviors in achieving financial and emotional confidence.” What else is scary according to Dubitsky – not having other retirement assets on hand to cover you should you opt for delayed Social Security payments.

Being strategic about your overall retirement income plan in this way is one way to become more financially and emotionally confident. Dubitsky has some additional rules of thumb.

The 75% rule. You need about 75% of your pre-retirement earnings to live comfortably in retirement. If you earn $76,000 a year, for example, you’ll need retirement income of $57,000. Social Security will only cover part; about $32,000 a year would have to come from other sources.2

Wait if you can. While there is no “right time” to retire, the age you activate your benefits makes a big difference. If you were born between 1943-1954 and apply for Social Security benefits at age 62, you’ll receive about $1,000 less per month than if you wait until age 70. Again, if you do choose to delay Social Security, make sure you have other retirement assets on hand to cover you.

Get real numbers. Calculating Social Security benefits is complex. Use this estimator to calculate your Social Security income.

Factor in healthcare costs. Medicare premiums and health care costs keep rising. A married couple, both age 65 in 2020, may need up to $365,000 over retirement just to cover health care.3

There are no guarantees. The mass migration of Baby Boomers leaving the workforce is putting a financial strain on the Social Security program. Payout may only be 77 cents for each dollar of scheduled benefits by 2033. All the more reason to plan for alternative sources of income!

“There are other practical things you can do,” adds Dubitsky. “Limit your dependence on Social Security earnings in retirement planning by increasing retirement contributions to both your IRAs and 401(k)s. Set up automatic deductions if possible. Estimate your retirement expenses now and calculate them out 30 years to see what a long retirement will cost. And stay on top of rising medical expenses by building up a health savings account (HSA).”

He also suggests investigating lifetime income annuities. “Basically, you pay a lump sum of money in exchange for a guaranteed payout for life,” Dubitsky explains. “An annuity mitigates the longevity risk because you continue to receive payouts no matter how long you live. As with any facet of retirement planning, there are many things to consider, including the terms of the annuity and strength of the company behind it. Talk to a financial professional who can help you weigh the pros and cons.”

Understanding your financial persona can help you plan for retirement with more than one egg in your nest. Are you a Retirement Realist? A Day-to-Day Decision-Maker? An Ambitious Spender? Take our Financial & Emotional Confidence Quiz to find out, and start building true security for your retirement years.

 Brought to you by The Guardian Network © 2017. The Guardian Life Insurance Company of America®, New York, NY

2017-43434 Exp. 07/19






Brought to you by The Guardian Network © 2017. The Guardian Life Insurance Company of America®, New York, NY

2017-43434 Exp. 07/19

Christine Lapidus, CA Insurance License #0H84858 Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS) OSJ 3585 Maple Street Suite 140, Ventura CA93003,909-399-1100. Securities products and advisory services offered through PAS, member FINRA, SIPC. Financial Representative of The Guardian Life Insurance Company of America (Guardian), New York, NY. PAS is an indirect, wholly-owned subsidiary of Guardian. Pacific Advisors LLC is not an affiliate or subsidiary of PAS or Guardian Insurance products offered through One Pacific Financial & Insurance Solutions LLC, DBA of Pacific Advisors LLC. Pacific Advisors LLC is not a registered investment advisor.

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