140 SE 5th Ave,
Boca Raton, FL 33432


(800) 818-0877


(646) 374-4714

In The News



You worked hard for most of your adult life.

You acted responsibly.

You planned and saved just as you were advised.

You did your part.

Will your hard-earned savings provide the income for the lifestyle you were counting on?


If yes, then we wish you a happy retirement. If not, do you want to know why?

The reason your savings may not last is due to the money printing policies of the U.S. Government, led by the Federal Reserve and followed by Central Bankers around the world, which were purposely intended to bring interest rates to near zero in order to stimulate the world economy. This was done in reaction to severe economic stress caused by the financial crisis of 2008. The consequences have been devastating to retirees and conservative investors like you.  This policy has created bargains for borrowers refinancing a mortgage or buying a car. However, the low rates are penalizing “savers” such as seniors and others on fixed incomes. This in turn forces millions of middle-class Americans to reconsider how they will live when they retire, if they can retire at all!

Past generations had the ability to simply park their money in money market accounts, Bank CDs, U.S.Treasuries and investment grade bonds and earn 5% or more, but that kind of strategy is nonexistent today because of continued low interest rates. Roger Aliaga-Diaz, a senior economist at the mutual fund giant, Vanguard Group, said he expects investment grade bond portfolios to average returns of 2-3% for the next 10 years! The search for “safe yield” continues to be a challenge and it’s a trend that won’t quickly reverse itself.


The greatest challenge facing retirees’ ability to sustain their retirement income is today’s low-yield environment. Most retirees had planned on returns of 5-7% on their investments but are now only receiving 2-5%. Will that be enough for your lifestyle?


The baby boomer generation, born between 1946 and 1964, is comprised of more than 75 million people who have more discretionary income than any other age group. They control some 70% of the total net worth of all American households and are on the cusp of retirement and facing huge financial retirement challenges due to low-interest rates and longer retirement years.  For decades, the retirement of the baby boomer generation has been a looming economic threat. Now, it’s no longer looming — it’s here! As of 2010, an astounding 8,000 boomers started turning 65 every day. Roughly 17% of baby boomers report that they are retired, and nothing is likely to stop this massive wave! This is a trend with profound economic consequences. Compounding this issue, and unlike past generations who might have 15 years of retirement, Boomers might have as much as 30 years of retired life ahead of them. Put simply, fewer workers means less economic growth. Retirees don’t contribute as much to the economy as workers do. They don’t produce anything, at least directly. They don’t spend as much on average. And they’re much more likely to depend on others — the government or often their own children — than to support themselves.

 An estimated 44% of boomers between the ages of 48 and 64 will run short of money in retirement for their basic needs and uninsured health care costs, according to Employee Benefit Research Institute (EBRI), a nonpartisan research group in Washington. And still, many people are choosing ultra-safe vehicles such as bank accounts and certificates of deposit that pay next to nothing! People wary of the stock market and economic uncertainties have more than $8 trillion in such accounts, according to the bank research firm, Market Rates Insight.

With a volatile stock market and rock bottom interest rates, most retirees as well as boomers on the edge of retirement  feel like “there’s nowhere to go” with their savings!

This is why your efforts as a responsible guardian of your own wealth are not finished.  Although you did your part, it is only Part One. You now have to take another step to ensure that your money starts working for you in the distribution phase, much as you were working hard to build your savings during the accumulation phase.

We believe that our unique approach to structuring an income portfolio will provide the cash flow you need to support the lifestyle you were planning to enjoy.

We think of retirees’ financial assets as a set of concentric circles, with the innermost one serving as a monetary nucleus performing to satisfy the most basic and necessary needs,  i.e., generating cash for servicing your basic daily needs. Every subsequent outer layer of your financial wealth can be thought of as a vehicle to generate either extra income by deploying it into more aggressive income opportunities or investing in various capital appreciation / growth strategies.


Fleet Wealth Management Group has developed our income portfolio to help our clients meet these challenges. This income portfolio is built around your individual goals and financial resources. Our approach is solving our clients’ needs by maximizing their income with a diversified portfolio of high-yielding instruments. We manage the risk through diversification, portfolio rebalancing and introducing dividend growing components within the portfolio. We recognize that the overall portfolio value may have occasional variances, which we embrace by constant monitoring and risk managing. Our portfolios are put together across multiple income-producing opportunities, with an eye to limiting each individual’s concentration and ensuring sufficient liquidity at all times.

If you would like the opportunity to see how this approach can benefit your income needs, please contact us for a no-obligation analysis and tailor-made strategy to increase your income.

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Check the background of this financial professional on FINRA's BrokerCheck