How we can help
Protecting Your Income and Estate with Integrity
For the last 30 years the emphasis of our practice has been the distribution phase of retirement planning. Separate this from the accumulation phase of retirement planning and you can easily see the difference in imperatives. You are building in accumulation, and you are extracting in distribution.
Our process therefore centers on matching the needs and intentions of the client with the best financial plan when the gears are shifted and the client enters retirement.
This is far from the one size fits all approach of leaving most everything in the market that is typically applied when one hits retirement. The fact is that all situations carry their own set of needs, wants, risks, and estate planning intentions. If these imperatives are to be satisfied it necessarily follows that one size doesn’t fit all. Quite the opposite in fact. A bad or incomplete plan carries unnecessary risk that can do damage.
What you can expect from us is a particularly detailed fact finding process where the client’s situation and corresponding planning imperatives can be framed up and then addressed correctly.
Expertise
Decades of specialized knowledge in income protection.
Empathy
Compassionate planning tailored to your unique needs.
Security
Reliable solutions for a lifetime of stable income.
The Primary Challenge to Securing Income for Retirement
This might come as a shock, but the distribution phase of retirement planning is almost always done imperfectly and inefficiently. This is particularly true regarding the disposition of retirement accounts, IRA's, 401K's, pensions and profit-sharing plans.
To begin with there are two basic classes of retirees once the distribution phase is reached.
Profile #1 – Those who need the support of their retirement accounts to maintain and persist income until death.
For Profile #1 we create guaranteed level yearly income that will clearly exceed what is being presently generated, often by as much as 50% ($100,000 per year becomes $150,000 per year). Furthermore, this income is guaranteed for life. So, the client gets a raise and gets income for life.
Profile #2 – Those who are affluent enough that the objective is to leave more to their heirs from retirement accounts. In this case the mandatory income from retirement accounts and the attendant tax work in the wrong direction as they subtract wealth rather than build it.
For Profile #2 we leverage the retirement account(s) into either real estate or cash that comes to the heirs tax free at the end of the day, amplifying the estate instead of reducing it.
Do you need to consider how to:
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Generate a higher monthly payout from retirement account(s).
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Guarantee that retirement account(s) pay for life.
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Leave more to your heirs.
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Manipulate your retirement account(s) to buy real estate that can be passed tax-free to your heirs.
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Leverage your retirement account(s) to solve for a special needs child or grandchild.
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Provide protection for a potential nursing home event.
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Defend retirement accounts against market loss.
Our focus at Marrs Financial is to design the most suitable distribution plan for your retirement that lines up your intentions with intelligent income planning.
We invite you to engage in the portion of our website that interests you. This will provide you with additional details, as well as actual success stories and client testimonials, which may help you to begin the thought process as to how you can improve your retirement and estate outcome.
Understanding that many retirement scenarios are associated with secondary issues such as nursing home risk, providing for a special needs child or grandchild, business continuation, etc. We have provided solutions that you can find here.
Whom We Serve
Marrs Financial Services focuses on delivering tailored financial strategies for specific client types who value security and long-term planning.
Pre-Retirees (ages 55–75)
Focused on converting accumulated assets into reliable retirement income and protecting principal from market volatility.
Business Owners & Professionals
Designing tax-smart legacy planning and continuity strategies to preserve what you've built for the next generation.
Parents Planning for Special Needs
Creating specialized strategies to ensure lifelong care and financial independence for loved ones with special needs.
Success Stories
See how we deliver financial peace of mind through real-world examples of income protection and legacy building for American families.
Guaranteed Lifetime Retirement Income
It is generally true that in the process of considering the essential elements of the distribution phase of retirement planning, that the Lifetime Income is of cardinal importance.
The outcome and impact of this alleviates the stress and fear of running out of money.
Outcome: Guaranteed lifetime income path created.
Impact: Complete protection against market loss.
Protect From Market Loss
When shifting gears to the distribution phase of retirement planning, the priority is now reliability, and certainty of income.
Protecting retirement funds from market loss should become the essential consideration.
Since the year 2000 the market has lost ground in 8 of those years, including the Dotcom meltdown (50% loss), the Mortgage Crisis (39%) and the 2022 loss of almost 20%. Each time this happens retirees lose income and they also lose precious retirement principal.
Outcome: Eliminated the risk of market loss.
Impact: The assurance of reliable retirement income and stability of retirement assets.
IRA Outcome, Accumulation over Income
During our working life we are encouraged to contribute to our retirement plan for the dual purpose of creating income in retirement (for later) and tax write-offs (while working).
However, it can end up being the case that the retiree doesn't need the income in retirement. Furthermore, it is a nuisance as it generates more income and more tax.
If given the choice, they would prefer to use the retirement accounts as an accumulating portion of the estate rather than an income source.
Outcome: Created tax free proceeds that are guaranteed for life.
Impact: Significant increase to funds to heirs.
Higher Retirement Income
In order to accomodate actuarial norms, the distribution from retirement accounts that are in the market are based on RMDs (required minimum distributions) which are expressed as a percentage of the retirement accounts' total balance.
As such, retirement income can, and will, fluctuate based on market performance. The typical RMD for individuals in their low-mid 70s is 4-5%. The question this beckons is: can you do better than this?
Outcome: Increased yearly income by 50%.
Impact: Established predictable annual income payable for life.
"David Marrs began working on our financial/retirement plan over 10 years ago and has exceeded the expectations my wife and I placed upon him. The result has been a comprehensive and well-insulated plan that has created peace of mind in retirement. We would recommend him without equivocation. Thanks, David!"
Robert Riley
Senior VP, Ortho2
"Dave Marrs is diligent and straightforward in his dealing. Dave provides his experience and knowledge in matching the client's needs to the correct financial products that are available. He possesses the right balance of providing you all the information that you need to make the right decision for you. Yet, you are not going to get bombarded with non-stop follow up calls. Dave takes his time in analyzing the needs and will spend as much time as needed to review the information with his clients."
Gil Lackritz
Tax Accountant
Our experience with David goes back 20 years. He has kept us protected from the marrket collapse in 2008 and the 20% loss a few years back. We also needed to retire sooner than we had planned when Debbie's empployment situation became untenable at her age of 59. David came up with a workable plan to allow an early retirement and save all that pain and frustration. We are grateful and continue our retirement with rotection from market loss and guaranteed income.
eric and debbie johnson
Trusted Retirement Planning
Retirees and pre-retirees trust Marrs Financial Services to protect their income and plan for a successful retirement.
In January of 2019, I was facing a multitude of challenges. First, but not least, the loss of my husband, which was catastrophic. I was facing the loss of my home with financial and tax issues gaining, not to mention social change. As difficult and complex as these issues were, David Marrs placed forth a plan that, 1. Secured my home. Allowing me to retain my beloved residence. 2. Eliminated my tax issues, allowing me to keep my social life. The importance of which cannot be measured. Planning with patience and clearly identifying the issues at hand, David allowed me to continue
my life unchanged, regardless of circumstance.
David's plan and strategy turned out to be exactly as he represented it to me, clearly, precisely and successfully. Words fail to express my appreciation. Always generous with his time and his friendship, an advisor of merit.
Deborah Ponzio
Approximately 10 years ago we sold our practice and retired in our early-mid 60s. The sale of our practice involved taking back a note that paid over 10 years which created a fresh problem - how to replace that income when it quits. Our CPA referred us to David to see what could be done. Without getting into endless detail here, David re-engineerd our assets so that income equal to our note income came on line when it was needed, at the 10 year mark. The outcoume was to smooth out our retirement and free us from worry.
ben and debra edwards
Risk Management Planning Solutions
We help you build a foundation of strength with conservative strategies designed to protect your income and legacy. Schedule a no-pressure call to explore your options.
Insurance Products From Industry Leaders
We leverage financial services products from leading institutions to support a financial plan that is tailored to your specific needs and objectives, as well as financial security.
Educational Resources & News
Access our library of free resources to learn about income protection strategies before speaking with a professional advisor.
Video Resources
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Our Trusted Carriers and Brokers
We collaborate with the world's leading financial institutions to bring you unparalleled security and specialized expertise in retirement planning.
Ready to talk through a plan for your retirement income and family’s future?
Schedule a no-pressure call to explore your options for income and legacy protection.