In This Issue
Arizona conference
Social Security
FFC Happenings


Frye Financial
2011 video

 

 

 

 



Honors

 

Austin Frye named as one of the top

150 Financial Advisers
in the Nation




LPL Financial Research

 

 

 

  

 

 

 

  

 

 

 

 



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February 2011 

Highlights of my recent trip to Arizona...

Insights into commerical real estate investing and hanging out with Michael Jordan

 

 

Did I get your attention? Ok, so we didn't exactly hang out...A couple of weeks ago, at a conference in the Arizona Biltmore, as I walked through the lobby on my way to the morning business sessions, I heard a familiar voice. I sensed a large presence behind me and sure enough as I turned around I confirmed my suspicion that the familar voice belonged to none other than the world's most famous "Mike." He and his equally tall buddies were gathering before heading out to a pro-am golf tournament.


As I learned on a historical tour of the Frank Lloyd Wright inspired hotel, many celebs have stayed there, including every U.S. president since the time it opened in 1929. The Reagans honeymooned there. Of the many juicy anecdotes we were regaled with on the tour, my favorite was about an unexptected piano performance at the lobby bar one evening in 1988. That particular night when guests in the main building began calling the front desk to complain about the ruckus coming from the bar, they were told to come on down to the lobby. Those who came down were thrilled to find Sammy Davis Junior, Frank Sinatra and Liza Minnelli in the midst of an impromptu performance at the piano bar!


And here is one more fun Biltmore fact (I could go on!) it was there in 1940, that Irving Berlin, basking poolside, wrote one of the most famous and most recorded songs of all time. Apparently, as he took in the brillant Arizona sunshine, the lyrics, "I'm dreaming of a White Christmas" came to him.

 

At the conference, I was privileged to gain much insight into current opportunities in the commerical real estate investment arena from top national analysts. The focus was on opportunities in solid retail "Power Centers" and mega single tenant (such as Microsoft) occupied buildings. The expectations are that we will see further economic stabilization throughout 2011 which will continue to strengthen commercial real estate fundamentals. 

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Maximizing your Social Security Benefits ...

Your Decisions Matter

 


The Equivalent of a Million Dollar Asset?

Most investors do not realize how critical Social Security is as a part of overall retirement planning.  In fact, as I often tell my clients, if planned for correctly, it can produce annual income equivalent to the income generated by a $1 million asset!  

   

There are a lot of factors that can affect benefit amount such as timing of election, work income, taxes, spousal benefit options, as well as special provisions. In order to maximize overall lifetime benefits, it behooves one to gain the knowledge necessary to make informed decisions.

 

74% of those receiving benefits today elected early benefits (Social Security Administration 2009 statistics supplement) and unfortunately, many of them made the wrong decision in doing so from a financial planning standpoint.

 

Do You know Your Full Retirement Age?

The following chart illustrates the impact, according to your year of birth, that the timing decision  can have on  your benefits. Keep in mind that the other factors mentioned above must be taken into consideration as well when planning to maximize your benefits.

 

When to Take Benefits Chart

10 Key Retirement Ages to Plan for 

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Frye Financial Center Happenings 

 

Austin Frye to speak to CPA's on

Social Security Planning:

 
Austin will be the guest speaker at a Florida Institute of CPA's (FICPA), Miami-Dade County chapter event on February 22nd. He will deliver a presentation on Maximizing Social Security Benefits   

 

Attention Facebookers Find us on Facebook 

Frye Financial has finally jumped on the bandwagon and launched a Facebook page. Check us out and be sure to "Like" us. 

  

 

We've welcomed two new members to our team.

Alex Holguin & Minerva Bailey, Esq.

Alex Holguin, LPL Registered Administrative Assistant, is an alumnus of The University of Miami who came to us from Citibank International where he was part of a  team managing  portfolios for affluent clients residing in Latin America.

 

Minverva Bailey, Esq., through the Law Offices of Frye & Associates, P.L., specializes in estate planning with an emphasis on special needs planning and guardianship.  

 

 

And a special welcome to our even newer team member

Congratulations to attorney Laura Brown for welcoming her first baby, Zachary Brown.   

 

 

 

*Legal services provided by the Law Offices of Frye & Associates, P.L. are separate and independent of services offered by Frye Financial Center. Additionally, the Law Offices of Frye & Associates, P.L. and the legal services offered are not affiliated with nor endorsed by LPL Financial.

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Frye Financial Center                                                                (305) 931-3200 office

20900 West Dixie Highway                                                       (305) 931-9383 fax

Aventura, FL 33180                                                               www.fryefinancial.com 

 

Securities offered through LPL Financial, member FINRA/SIPC