Advanced Retirement Planning was created to help those in or nearing retirement learn how to design, analyze, implement, and maintain a realistic, long-term retirement income plan regardless of market conditions.
With much of the financial industry focused upon the sale of financial products, the lack of detailed analysis and ongoing education to those preparing for retirement inevitably results in mistakes being made, many of which cannot be corrected. We are firm believers that the only way to create a successful retirement income plan is through extensive education, meticulous planning, and careful analysis under real-world conditions. Failing to understand the conditions of the modern financial system, the (seemingly countless) options available to you, and how the combination of these concepts directly affects your retirement in both strong and poor market conditions could prove detrimental. Our primary goal is to help those who are motivated to understand these concepts build a realistic, efficient, and functional retirement plan, one designed to provide a consistent source of income under any market condition.
As an independent full-service investment and insurance advisor, we are able to utilize products, services, and analysis from across the financial industry that we feel best serve our clients. Since we are not beholden to any one company or type of product, this allows us to offer an extensive range of asset management strategies that are custom designed for each of our clients. Most importantly, all of our recommendations are presented through the scope of a long-term plan of how, why, and when our services will be of value to you. We are strongly opposed to traditional financial planning models that focus entirely on selling a product and not analyzing the long-term purpose and function of each component within a retirement income plan. Assuming that the market will always perform well and not planning for poor market conditions and the impact that they will have on your retirement will prove costly. This is why our recommendations will always be illustrated during both strong and weak market conditions over an extended period of time to be certain that you understand our approach to retirement income planning. We utilize a straightforward income planning model that illustrates how to properly use your retirement assets in conjunction with your social security, pension, and any rental income to create a prudent, realistic outlook for your retirement.
Source: www.macrotrends.net
After nearly a decade in the financial industry, Canaan Penland established Advanced Retirement Planning with the intention of educating investors and retirees on how to navigate the complexities of the modern financial system. “Between the financial industry’s relentless focus on sales and a financial system more complex than ever, how could anyone ever realistically plan for retirement?” says Penland. “With ultra-aggressive monetary policy having supported the financial system since the market crash in 2008-2009, it has completely upended the normal rules of retirement planning, not to mention the expectations investors have for their financial outlook.” After graduating summa cum laude with honors with a degree in Business Administration & Finance from Roanoke College in Southwestern Virginia, Canaan moved to Southern California to join his father in the financial services field. Having studied the financial markets throughout his childhood and youth, perhaps to the detriment of his school work at times, a career in asset management and financial education was inevitable. Mr. Penland has taught classes on retirement planning and how to maximize social security benefits in the South Bay since 2014, and he immensely enjoys this work. He states that, “Education is everything in retirement planning. Not taking the time to offer extensive, ongoing education to those who would like a strong understanding of their financial outlook and options is a disservice to both investors and advisors. A financial advisor must be willing to offer a detailed, comprehensive education to their clients to keep them properly informed of market conditions and how they could affect their retirement. Financial analysis might not be exciting, but it is critical to our retirement and should be widely offered to those who are motivated and proactive.”
Located on the Palos Verdes Peninsula 20 miles south of Los Angeles, we work with individuals, couples, and families throughout Southern California and across the country to maximize and protect their financial outlook. We can offer you a straight-forward, custom designed analysis of your retirement outlook that clearly illustrates the strengths and weakness of your financial circumstances. You will not receive a sales pitch from this office as we strongly disagree with the sales-motivated mindset of the financial industry. We will provide you with a thorough analysis and education of what we can offer and from there, it is up to you to decide if it is a valuable choice. We dislike being “sold to” as much as anyone else, which is why we adhere to an adamant policy of presenting analysis for your consideration and allowing you to determine if our approach to financial planning is suitable for your needs. We welcome the opportunity to visit with anyone who is trying to better understand how to efficiently and effectively utilize their assets for retirement income and/or how to successfully pass them on to beneficiaries. Whether we work together or not, we are always glad to know that those we have met with have left with a more comprehensive understanding of the markets and the options available to achieve their long-term financial objectives.