Free 30-min chat with a financial advisor 408-854-1883

Call Connie Dello Buono to schedule you to one of the many financial advisors who can listen to your financial goals for 30-min at 408-854-1883 and email And then when you know that you need a financial strategy, another 40min free introduction to the financial strategy will be scheduled.

There is the listening to your emotions as you decide and plan for your finances in the future. Do talk to a financial advisor before you decide on a big move or big purchase since your income that should last forever will be affected by it.

Do not use your home as your only retirement plan. Have diversification.

Save and invest like a woman. But do not spend like her.

Live life with protection for the future so that your lifestyle will last as long as you live.

Do downsize if you can, keep up new skills, open an online business for less, leverage your time and money. Money helps create happy memories. Spend wisely.

4 Ways Men and Women Approach Finance Differently by Maria Cornelius

Anyone familiar with John Gray’s Men Are from Mars, Women Are from Venus knows the premise that men and women communicate very differently. Perhaps this explains why most female investors prefer to work with a female adviser and most married women leave a male adviser after the husband dies. Starting with the first conversation, women want, need and deserve distinct treatment in financial advice.

Old-fashioned gender roles designate the man of the house as responsible for personal finances. That changed over the past few decades but, if you’re a woman, your adviser must understand the role money played in your early life. Another concern: Women constitute more than half of financial planning or investment clients, yet less than a quarter of certified financial planners are women.

As a wealth manager with a large female client base, I notice four differences in how men and women approach financial decisions:

Communication and learning styles. Eleanor Blayney’s Women’s Worth: Finding Your Financial Confidence points out that women and men absorb and process information differently. Fundamentally, women learn through interaction with others, neurologically wired to be social and seek out relationships.

Especially if you’re a woman, find an adviser you connect with on a personal level. Talking openly about what matters most to you helps your adviser create a plan to prioritize and achieve your financial goals.

I also find that even highly accomplished and intelligent women (with expertise outside finance) can feel uneasy amid complex projections and financial jargon. Most prefer an adviser who can find a way to communicate in plain English.

While male clients may be more interested in charts and graphs that illustrate a point, women may take to an adviser who can connect financial advice with real-life examples. Competitive terms possibly motivating to men, such as “beating the market,” may not persuade women as deeply.

Confidence. Although this is shifting slowly, women’s greatest financial challenge remains lack of confidence in decision-making. The 2013-14 Financial Experience and Behaviors Among Women Prudential Financial survey, for instance, finds that “while women are taking control of household finances, they are no more prepared to meet long-term financial goals than they were a decade ago.”

The previous year’s survey also found only 23% of female breadwinners describing themselves as “very well prepared” to make financial decisions (compared with 45% of male counterparts) and that women are twice as likely to describe themselves as financial beginners (15% of women, 7% of men).

Due to this lack of confidence or experience in financial matters, many women want education from an adviser — and asking professional advice from a man may actually intimidate them.

Risk. Women’s generally lower tolerance to financial risk often reflects this lack of confidence. Many women lean toward more-conservative investing since greater risk might lead to failure. Women are also more likely to view money in terms of security.

I see this in female clients holding large amounts of cash in money markets or bank accounts. Although intuitively they know that in the long run investing is far more beneficial, fear of making a bad decision and losing the money influences them more. Find an adviser to explain the effects of not keeping up with inflation and that you can invest conservatively for long-term goals in many ways.

Life expectancy. Conservative investing isn’t bad, but if you take too little risk early you may barely keep up with inflation and won’t accumulate as much over your lifetime — which will likely be longer than a man’s. Research shows that in the U.S. women live, on average, almost five years longer than men; more than 975,000 American women are widowed annually, according to the latest U.S. Census data. Widows are also more likely than widowers to suffer a drop in income after the death of a spouse; almost half (more than 48%) of poor elderly in the U.S. are widows. (Women are also more likely than men to take career breaks or work part time for a variety of reasons.)

Median age for new widowhood is 59, which, combined with a high divorce rate, means that most women bear sole responsibility for finances at some point.

Identifying an adviser who wants to do more than just manage your investment, one who listens to and understands your goals and priorities, educates you on important concepts and encourages you to ask questions can lead you to a greater security and focus on your own long-term goals.

Tip: Your advisor should love gardening. Invest like a girl. Talk your financial emotion with your financial advisor. Learn from the mistakes of your parents. Do not use your house as your retirement plan. Contact Connie Dello Buono for a team of financial advisors, and other experts. 408-854-1883 CA Life Lic 0G60621 in 50 US states.

Retirement woes and stock market loses of 45-65 yrs olds


45 yrs old Saves $300 per month $50k yearly lifetime retirement income Sample numbers, save for 20 yrs, earnings for lifetime , returns 8-13%
55 yrs old Saves $500 per month $40k yearly lifetime retirement income Sample numbers, save for 20 yrs, earnings for lifetime , returns 8-13%
  • At 45 yrs of age, you want to save in the next 25 yrs and ensure your lifetime retirement income to support the lifestyle that you want.
  • At 50 yes of age, you want a safe place to grow your savings or investments with no market loses like the stocks and you want to recoup what you have lost in the market to retire early.
  • At 60 yrs of age, you want to use some of your savings tax free without paying penalties and taxes which would amount close to 40-50% of your savings.
  • At 65 yrs of age, you know that you might need long term care and you have no long term care insurance and might not be insurable any longer.
  • At 70 yrs of age, you are required to withdraw your savings and incur a huge tax as a result.

Now, you do not have to have these pains of the future if you know there is an Index Universal Life policy with additional living benefits such as terminal and chronic illness riders and lifetime retirement income riders.

These riders added free at no cost allows you to access 70-90% of your face amount (up to $1.5M) when cancer (early or last stage) or disability occurs.

After saving away in the next 20 yrs, around 10% of your net income you are scheduled to receive a lifetime retirement income until you are 120 yrs old. For sure, you will not outlive your money.

Using an index strategy, in an IUL policy your savings do not participate when the market is in downside potential but keeps your principal and gains intact. You can create an estate of $500k to $2M at a stroke of a pen with a policy that is not term (renting) or whole life insurance (1-3% with return) but an IUL for tax free cash accumulation between 8-13% return.

You choose what your retirement income would be, call Connie for free review of your retirement needs and wants via email or cell for 24 hrs response. Your financial life coach (24/7) for single premium, 1035 exchange, super charge Roth IRA, pension, 801k or just a safe/guaranteed savings plan securing the future for you and your family where your money doubles every 9 yrs and during health threats or emergencies you have access to it.

Contact Connie Dello Buono CA Life Lic 0G60621 408-854-1883 1708 Hallmark Lane San Jose CA 95124

Weekly seminars:

Fremont:  43136 Christy St Ste 100, Fremont,CA  94538 , every Saturdays, 8/9/2014 at 9am

Mon-Friday: San Jose 8pm
Also available online and via skype

$79k per yer lifetime tax free no market risk retirement income for 25yr old saving $6k per yr for 30yrs

tax free no risk lifetime retirement income $79k per yr

For young people just getting their careers off the ground, saving for retirement can often feel like an exercise in futility.

 There are bills to pay, debt to be tackled, apartments to rent, and social lives to be had. It’s baffling to imagine putting a piece of our precious paycheck in an account that’s designed to keep us from touching it until we’re old and gray. That money, we tell ourselves, would be far more useful in our pockets.

Imagine just how little buying power the cash us 20-somethings earn today will have when we’re ready to retire:

Someone retiring now in 2014 with $1 million at age 65 can safely withdraw $43,600 a year. However, [because of inflation], today’s 20-year-olds will need over $7 million to have that same lifestyle when they retire. In 1970, they would only have needed $166,000 in retirement to have a similar purchasing power for the rest of their life.

[For this calculation, Marotta assumes an average inflation rate over the next 45 years of 4.5%.]

To get close to saving $7 million, a 25-year-old with a starting salary of $50,000 would need to save about 14.65% of their salary throughout their career (see Marotta’s math here).

To be fair, Marotta’s estimate is conservative — the U.S. inflation rate is currently at 1.5% and hasn’t been close to 4.5% since 2008 — but not outlandish. Marotta and other experts say it’s too risky to assume inflation will remain as low as it has been for the long-term. The average inflation rate since the 1960s is just above 4.5%.

Using current year inflation rates for long term planning is like using last year’s U.S. stock returns (33%) for long term averages,” he says. “Economics classes have to memorize long-term interest rates for planning purposes which average over 4% (4.5% to 4.1%). I don’t think I’d want to use any rates outside of that range for … long-term retirement planning.”

If we use the 10-year average for inflation, however, which has hovered around 3%, a 20-something would need to need to save about $4 million to have as much buying power as someone retiring with $1 million today. (Not exactly chump change but…phew.)

Like any form of financial planning, predicting future savings and earnings requires as much math skill as it does crystal ball reading. In other words, it’s not an exact science, so try not to freak out too much.

Whether or not you’ll need the equivalent of $1 million today in your golden years is going to depend on a lot of factors — including your lifespan, expected lifetime earnings, and your standard of living.

But Marotta’s central message here is inescapable: “Inflation is almost guaranteed and it is the risk that has the biggest effect on people saving for retirement,” he says. “And yet, it’s the one most young people overlook.”

Time is on your side

The average Gen Yer (defined in this case as workers 23 to 35) today saves about 6% of their pay and has a little less than $20,000 invested in a retirement fund, according to data compiled by Fidelity for Yahoo Finance.

By comparison, savers aged 36-64 put away more than 8% of their income and have saved nearly $90,000

The good news is that 6% for a 25-year-old with 40 solid working years ahead of them is probably just as — if not more — valuable than 8% for a 55-year-old a decade away from retirement.

“The money you earn when you’re young is more important than the money you earn when you’re older,” Marotta says. “Even saving $100 a month or $10 a month or something ridiculously low is the right place to start.”

Let’s use a fictional saver, Jennifer, as an example. She’s 22 years old earning $3,000 a month and decides to save 5% of her (pre-taxed) salary in a 401(k). She gets a 5% match from her employer, so she’s putting away a total of $300 a month ($150 with each bi-weekly paycheck). If she puts that cash into an index fund earning 6% a year — even if she never gets a single raise or promotion — she will have saved $753,849 by age 65. (Run your own savings estimation using’s savings calculator.)

Now, let’s say Jennifer decides to wait to start saving for retirement until she’s managed to work her way up and feels more financially stable. By age 35, she’s been promoted twice and has doubled her income to $6,000 a month. She uses the same savings strategy (5% of her own cash plus a 5% employer match for a total of $600 a month).

She’s saving twice as much as she would have at age 20, but by the time she’s 65, she will have saved only $317,843 (using the same investments as in the example above). Those 13 years of procrastination cost her more than $436,000. Why? The interest she’s earned on her investments have had less time to compound. When it comes to retirement savings, time is literally money.

She still has time to make up for her losses, sure, but it will require cutting more of her spending later in life — not an easy task if she has a family and a mortgage to worry about.

“A lot of young people are very proud that they don’t spend more than they make, but the problem is they spend 100% of what they make,” Marotta says. “You get all the power of compounding interest when you’re in your 20s and it really does make a difference.”

Beating inflation

Seven million (or even $4 million) sounds like an impossible feat, but your personal retirement goal might be quite different. I can help find your target, but both options have their drawbacks — planners cost money and online tools can be confusing to navigate.

If you really want to set yourself up for a healthy retirement, focus instead on one simple goal: beating inflation. No matter how much you save, so long as your return on investment is higher than the rate of inflation, no one can say you’re not a winner. (The current inflation rate is around 1.5%.)

If you’ve got $1,000 in cash, your first impulse might be to throw it in a savings account or a CD. But because savings rates are so devastatingly low now (0.06% on average — yikes), that’s not the wisest approach.

Your best bet is to invest in a 401(k) or open an individual retirement account (IRA) on your own. Both options give you access to low-cost investments that won’t require much upkeep. We’re fans of “set it and forget it” options like target date funds, which are cheap, reliable and adjust your investments as you age with little work on your part.

You might even find out that you’re already enrolled in a 401(k) plan and never knew it. More than 25% of employers offer auto-enrollment for 401(k)s today, and Gen Y workers are the most likely group to take advantage, according to Fidelity. By auto-enrolling, your employer will funnel 3% or 4% of your pre-tax income into a plan.

But if you want to really see your savings grow, you’ll have to eventually take the wheel.

“The problem is that many young [workers] don’t do anything after they’ve been auto-enrolled,” says Jeff Munn, vice president of Benefits Policy Development for Fidelity. “They’ve got a good start but if that’s all they do, they’re not going to get to where they want to go.”

If you’re auto-enrolled  — or even if you’ve actively set your contribution rate — make sure you’re at least saving enough to capture any matching contribution from your employer. Three or 4% is a nice starting point, but 10% or even 15% would be better. Baby steps can help you get there. Consider signing up for automatic increases of 1% to 3% a year. Gradually work your way up to double-digits. By the time you get there, you might be surprised how easy it is to adjust.

Ask your human resource manager if they offer Roth 401(k) options. Just 10% of Gen Y workers take advantage of Roths, which differ from traditional 401(k)s significantly. With a Roth, you contribute funds and pay taxes upfront rather than paying taxes on withdrawals in retirement. For a young worker who’s likely in a lower tax bracket than he will be in retirement, a Roth can help save a boatload on taxes later.

There are endless ways to strategize your retirement savings, and if you’re approaching your goals correctly, it can be smart to seek advice from a certified financial planner at least once a year. 

Regardless of whether you get finance coach, saving for retirement is definitely the kind of “to-do” that should be at the top of your list. Maybe you’ll never hit $7 million or even $1 million in savings, but the point is to make a goal, save for it, and hope for the best. Chances are you will be far better off than had you done nothing at all.

“It can be difficult to make the decision to save for the future,” Munn says. “But people who do that earlier set themselves up much better for success.”


Call Connie Dello Buono CA Life Lic 0G60621 at 408-854-1883 to start an EFT saving now for your tax free retirement with no market risks, returns up to 13%.

Retiring my mom, 78 yr old still working, I need 10 bay area pro who will save for retirement

My Why of keeping my spirit up each morning to work hard is to be able to retire my mother who still works at 78 yrs of age. Her hair is now so thin from stress, her legs so full of veins and is getting painful to walk.

But, she keeps on working to support and send her grandchildren to college since her 3 sons have minimum wage.

If I have 10 clients in the bay area who will save at least $750 per month towards their retirement, I could retire my mother.

She deserves a break, working as a caregiver since 2000 in the bay area. She is the favorite cook of most of the senior clients she cared for. She wakes up in the night when one of her Alzheimer clients need help.

She uses her hands to give massage and comfort to the aging bay area seniors.

I wish to retire her soon.


Connie is now hiring retirement planners in the bay area. 408-854-1883 ;

What is your retirement income strategy

Retirement income crusade

What is your retirement income strategy? Below are answers from others:

Orygunduck–along with many other posters–believes that the best retirement plans are holistic, weaving a healthy, happy, and productive lifestyle together with a sensible portfolio plan. This poster’s six-step strategy revolves around “1) Preventive medicine, weight control, exercise daily; 2) Reliable income from income stocks; 3) Quality family time; 4) Travel; 5) Hobbies; 6) Volunteer.”

Ohioknight was kind enough to mention me in his holistic retirement plan. “Healthy lifestyle. Live within your means. Invest 15+%. Read Christine. Love life . . . it’s too short.”

Pavlov’s formula for retirement is similar. “Live well below my means and save the rest. Invest wisely. Live a healthy and fulfilling life. Give back. Retire when all systems go!”

Ditto for Zorkl55, whose strategy is to “stay within reasonable means, accept financial limitations, and live with a rich emotional engagement in life.”

Retiredgary was also succinct: “Have diversified investments. Plan for a long life. Manage expenses and taxes. Have fun, ignore trends and status, and do what you like and want.”

Darwinian’s retirement strategy packs a punch with just four words (and a nod to actor Leonard Nimoy): “Live long and prosper.”

For GuppaZ155, a successful retirement revolves around marriage and family as much as it does a healthy financial picture. “Spend and enjoy a lifetime finding the right partner, raising a family, and accumulate assets sufficient to allow for us to maintain the same lifestyle in retirement that we enjoyed in our working years. Plan with spouse for the next phase in life, having fun, being a good person, and living within our means, so we can leave a legacy to our family, friends, and those in need.”

Finally, Andy Brooks’ tweet is an encouragement to other retirement planners to dream big. “I hope to have several noncorrelated groups of assets producing earnings while living life to its fullest . . . and world peace.”


Before the year ends, plan for a tax free retirement with full living benefits, access to funds $100k to $1.35M when terminal, critical or chronic illness arise. Contact Connie at 408-854-1883 for retirement planners near you.

Call if you want to work as a wealth strategist part time or full time in 50 states. Pass 60% of the Dept of Life Insurance test and be motivated to help others with their retirement goals.