Employer Groups - Comporium

Employer Groups Comporium

“Why focus on Comporium?”

Comporium employees are a major focus for my practice. As a lifelong resident of this community, RHTC and Comporium have always been part of my life. Many of the employees and their families have been friends of mine and my family for generations. Therefore I have a deep sense of duty to use my knowledge and experience to make myself and my team available to help the employees’ transition into retirement. Today, it is hard to imagine this transition without help.

“The Switch”

I remember when RHTC switched from a pension plan to a 401k plan. Coming off of the go-go 1990’s, excitement was in the air. The employees of RHTC were able to take more control of their retirement and jump in on all the exciting returns of the stock market at that time. It all changed quickly after the tech bubble burst in early 2000. The market continued to drop after 9/11. This rocked the very foundation of retirement security for many Comporium employees. Just when things seemed to be getting better, the great recession of 2008 hit. For many, the vision of a secure retirement was shattered.

“Steady Cash Flow”

The goal for many in retirement is a steady cash flow. Before “the switch”, employees did not have to carry the burden of responsibility for a steady cash flow during retirement, the old RHTC pension plan did. Since “The Switch”, the responsibility for that steady cash flow is now on the shoulders of each 401k participant at Comporium. The burden of responsibility has changed, but the goal has remained the same. In my view, it is difficult to envision a steady cash flow from a 401k balance without the threat of running out of money.

“It is about securing a lifetime of income”

For the “Boomers”, it is no longer just about building up your balance in your 401k, but about the income it can generate that can last a lifetime. This goal is not different than what was promised from the original pension plan. At Hutchison Group, our role is to help employees use their 401k and other retirement assets to create a steady retirement cash flow. There is good news; the industry has evolved to create strategies that do focus on cash flow. However, many of these strategies must be custom fit by professional advisors. We build our relationships with clients that allow us to build a “custom fit” cash flow plan. By doing so, our clients can have much more confidence in their future.

“Wouldn’t it be nice?”

Over the years, I have developed a good understanding of the retirement benefits of Comporium. Many of my favorite clients are Comporium employees or retirees. A few have taken early volunteer retirement packages, so if packages are offered again, wouldn’t it be nice if employees had a better understanding of their cash flow created from their 401k before they decided to take it? At Hutchison Group, that is what we do to help our clients.

To Learn More

For no obligation, Comporium employees are always welcome to call us at 803-985-2447. We will personally help you understand important issues to consider before deciding to retire. Issues such as:

• Maximizing your 401k to generate cash flow
• Analyzing debt reduction strategies
• Maintaining a constant amount of ready cash
• Review your insurance needs
• Assure your investments are allocated properly to suit your goals

This holistic planning approach is designed to help build your confidence as you venture into retirement.

If you want to be added to our email invitation list, please respond to Debbie at Debbie@hutchisongroup.com.

Registered Representative of INVEST Financial Corporation, member FINRA/SIPC. INVEST and its affiliated insurance agencies offer securities, advisory services and certain insurance products and are not affiliated with Hutchison Group INC.