We are pleased to announce Kathryn Hite as the latest addition to the Allgen Financial Services’ financial advisory team. Kathryn joins Allgen Financial Services, Inc. after five successful years as a Regional Leader with Primerica Financial Services, Inc, one of the largest personal financial services firms in the world. Kathryn brings a background of expertise in life insurance, debt consolidation, mutual fund investment, variable annuities, and long-term care insurance to Allgen’s retirement asset management practice.
Kathryn is a graduate of Transylvania University in Lexington, Kentucky where she earned a Bachelor of Arts degree with dual majors in Accounting and Computer Science. Kathryn began her career as an internal auditor and held various positions throughout her career including Y2K Technology Project Vice President for AmSouth/Regions Financial Bank.
Senior Partner Paul Roldan said, “We are excited about having Kathryn Hite on our team. She provides a great blend of strong analytical skills and practical solutions to those in need of financial planning and investment guidance. Our future looks even brighter with Kathryn as a member of our team.”
Only 27 percent of workers are very confident that they will have enough money to live comfortably throughout retirement; 29 percent of those surveyed admitted that they are either not too confident or not confident at all.
Fifty-one percent of workers aged 55 or older have total savings and investments of less than $100,000.
About one-quarter of workers believe they need to save less than $250,000 to achieve a comfortable retirement.
Source: “Saving for Retirement in America,” Retirement Confidence Survey, 2007, Employee Benefit Research Institute and Mathew Greenwald & Associates.
At one time, Social Security was considered the primary source of income for retirees. Even among today’s retirees, it provides a significant portion of their income. According to the most recent figures available from the Social Security Administration, in 2004, Social Security provided more than half of the total income for almost two-thirds of households comprised exclusively of those aged 65 and older; and at least 90 percent of the income for one-third of this group.
Source: “Social Security and Retirement Income Adequacy,” Social Security Brief, May, 2007.
For professional investment advice on this topic contact: Allgen Financial Services, Inc.
888.6ALLGEN (888) 625-5436
advisors@allgenfinancial.com www.allgenfinancial.com
Looking for financial advice during these turbulent times? Investment
experts, Jason Martin and Paul Roldan, from Allgen Financial Services will
be providing some valuable insight on what to do with your investment
portfolio during these difficult times. Watch this exclusive interview on
Channel 6 tonight at 5:00PM and 6:00PM.
Featured topics include:
- Saving for Retirement
- Budgeting
- What to do with your 401K after it has taken a big hit
MORE NEWS:
Stay tuned for more live interviews with Allgen Financial Services, Inc.,
tomorrow morning from 5:00AM - 7:00AM about current economic and financial
conditions.
If you have any questions, please feel free to call our office at
407-210-3888. Also, please visit www.allgenfinancial.com as we will be posting additional
market commentaries often.
For professional investment advice on this topic contact: Allgen Financial Services, Inc.
888.6ALLGEN (888) 625-5436
advisors@allgenfinancial.com www.allgenfinancial.com
We are pleased to announce Kathryn Hite as the latest addition to the Allgen Financial Services’ financial advisory team. Kathryn joins Allgen Financial Services, Inc. after five successful years as a Regional Leader with Primerica Financial Services, Inc, one of the largest personal financial services firms in the world. Kathryn brings a background of expertise in life insurance, debt consolidation, mutual fund investment, variable annuities, and long-term care insurance to Allgen’s retirement asset management practice.![[del.icio.us]](http://www.allgenfinancial.com/financialnews/wp-content/plugins/bookmarkify/delicious.png)
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