Client Perspective - Retirees

Solution Found for Retirement Puzzle

Brock passed the Bill O’Reilly test; he was definitely looking out for us.”
Roger Adams, client since 2007


The Adams moved to St. George, Utah from Southern California in 2003. Roger had spent a career as an entrepreneur in the building facilities sector and Diane worked in executive banking for over 20 years before retiring. Roger and Diane elected to oversee their own retirement nest eggs and had a lump sum of money to invest. However, they soon found what they needed most was a financial education."We spent our working lives learning how to make money, not how to manage retirement," said Diane. "We have a whole bunch of retirement puzzle pieces-IRA's, 401K's, deferred compensation, social security and cash-but didn't know how to fit them together for the future."


Senior Advice and Integrity 

"We appreciated the fact that Brock catered specifically to seniors," noted Diane. "One of the first things they helped us understand was some of the common mistakes seniors make. We'd worked hard for our money and needed to avoid as many financial pitfalls as we could." It is not unusual for clients to receive recommendations that do not directly benefit Brock. For example, the Adams were advised to payoff their mortgage as part of an overall security and asset protection plan. "Paying off our house took $300,000 out of the money we would have put into Brock investment recommendations," said Diane. "Brock passed the Bill O'Reilly test; he was definitely looking out for us." "Hank and Larry were genuinely interested in us as people, not just as a client," commented Diane. "Over the years they've not only become trusted advisors, but personal friends."


"We had spent a lifetime acquiring business savvy, but didn't have retirement savvy. Brock gave us the education we needed," said Diane. 


The Adams live in an active retirement community and associate with many neighbors and friends. Many of their friends were not so fortunate with their retirement portfolios during the current recession. "Some of our friends got hit hard with the stock market disaster, hoping they could still hold on having lost 40 percent or more in their 401K's," said Diane. "We never worried a second about whether the stock market was either up or down. We were insulated from the turmoil."


"We worked and saved very diligently for retirement, sometimes putting away up to 50% of our salary each month," noted Diane. "After saving our whole lives, we found it difficult to spend it in retirement. The idea of stored labor helped us understand that we now had a right to enjoy what we worked so hard for. Money—stored labor—could now work for us."