With the extreme market volatility of the last few years, asset protection is at the forefront for many individuals planning their retirement. Certainly, this is understandable; in 2008 and 2009 we saw equity and fixed income asset classes move in tandem with another and taking the same kind of damage. In essence, this means that even a diversified portfolio is not as safe as once thought.

Asset protection serves as corrective to ongoing market sensitivity and ensures that you get the most of your accumulated wealth, especially when you are going to need it most—during retirement.

Modern asset protection requires more than asset allocation. It involves careful structuring of assets to avoid loss of principal and boost growth. A properly balanced retirement portfolio may include employer-sponsored retirement accounts, such as 401(k)s or IRAs, as well as cash accumulation vehicles like fixed index annuity and universal life insurance. In a retirement portfolio such as this, asset protection depends on an understanding on how these accounts hold their funds and how they are treated by tax rules.

More importantly, every consumer is unique with different retirement goals and asset mixes. This means that protecting your growing retirement nest egg can require expert care to shepherd your assets to the finish line. Not only can Lifetime Assurance help develop your financial plan, we can help guide your retirement resources as they grow and ensure that you get the most out of them.