 The president and founder of Bergen Financial Group, Darcy Bergen possesses over two decades of experience as a financial advisor. Darcy Bergen is also deeply committed to philanthropic work and serves as treasurer for his family’s Kenya-based charity Bergen Mission. The organization is one of many groups working alongside the children-focused nonprofit, Hope for the Nations (HFTN), which works with partner agencies throughout East Africa.
Operating in the poverty-stricken Soweto area of Nairobi, the HFTN affiliate Hope Bright Future Centre has provided education and nutrition programs serving youth since 2002. The center partners with Emanuel Children’s Home, a local orphanage, and relies on volunteers to lead classes, fundraise, and organize school activities. Over 200 students between the ages of 3 and 15 years old benefit from the center’s programming. Alongside free schooling and after-school programs, the center runs an entrepreneurship curriculum focused on animal husbandry. All students are also provided healthy meals and are cared for by a supportive, qualified staff.
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 Experienced financial advisor Darcy Bergen serves as president of Bergen Financial Group, with offices in Peoria and Phoenix, Arizona. As a retirement planning advisor, Darcy Bergen advocates for money strategies that reduce risk.
Though market volatility is always a factor in investing, it becomes especially impactful for individuals nearing retirement. Diversifying a portfolio doesn’t go far enough for soon-to-be retirees who may need to rely on the return from their investments to pay for living expenses. Here are some considerations for managing a changeable stock market near retirement: Don’t Panic Historically, the market recovers within 16 quarters. However, selling stock due to fear during low times can result in huge losses. Experts advise following a sensible, individualized plan that considers years until retirement, money needed for living expenses, and the timeframe for the market’s recovery. Rely on Cash in the Short Term Experts advise having three to four years of living expenses in highly-liquid assets, such as savings accounts and certificate deposits (CDs). Access to this money can give retirees financial peace of mind and avoid withdrawing money on investments. Think of the Long Term Even the lowest-risk investment strategies are subject to inflation and reduced buying power. For this reason, retirees should always have some investment in higher-risk, but higher-return stocks. The ratio of low- to high-risk investments should increase with age. For example, people 55 or younger may put 100 percent of their investment in equities, while those three years or less from retirement age may reduce this to 70 or 80 percent and put the remainder in more stable bonds. Investment advisory services offered through Horter Investment Management, LLC, a SEC-Registered Investment Advisor. Horter Investment Management does not provide legal or tax advice. Investment Advisor Representatives of Horter Investment Management may only conduct business with residents of the states and jurisdictions in which they are properly registered or exempt from registration requirements. Insurance and annuity products are sold separately through *Insert Name*. Securities transactions for Horter Investment Management clients are placed through TCA by E*TRADE, TD Ameritrade and Nationwide Advisory Solutions.  A resident of Peoria, Arizona, Darcy Bergen, president of Bergen Financial Group, is an experienced financial advisor and investment adviser Representative with Horter Investment Management. Bergen Financial Group offers financial advice to seniors and people approaching retirement. With an emphasis on principal protected money concepts, Bergen Financial Group offers retirement planning products such as fixed annuity options. In its work, the firm moves away from aging retirement planning traditions such as buy and hold which currently takes too long to get back to even, and the modern portfolio theory which is anchored on stocks and bonds moving in close relation, a fete that has not occurred since 2007. Today, Bergen Financial Group takes a more realistic approach to retirement planning, one that is grounded in its fiduciary role to work in clients’ best interests. When a client comes to the firm, they are asked questions about their financial goals, investment timelines, and risk tolerance. Afterward, a plan for allocating assets is created in line with the client's individual needs. This plan covers your entire financial picture including lifetime income streams, insurance, tax efficiencies, and estate planning. Insurance and annuity products are not sold through Horter Investment Management, LLC (“Horter”). Horter does not endorse any annuity or insurance products nor does it guarantee their performance. Owners of these products are subject to the terms and conditions of the policies and contracts of the issuing companies. All product guarantees depend on the insurance company’s financial strength and claims-paying ability.
 For more than 15 years, Darcy Bergen has served as president and financial advisor at Bergen Financial Group. In his role as a financial advisor, Darcy Bergen helps clients navigate the risks of investing in the market.
Many people who have money in the financial markets fail to take full cognizance of risk. More specifically, they fail to take into account the possibility that conventional wisdom can be overturned. For example, they assume that markets always rise, that downturns are temporary, or that bull runs last forever. According to renowned trader and mathematician Nassim Taleb, these theories can all be cast aside by black swan events. According to Taleb, most of the world’s big events are rare and not measurable. These events, the likes of earthquakes, terrorist attacks, and volcano eruptions, are unpredictable and when they occur, have the potential to wipe out entire bull runs overnight. Think 9/11 and the 2008 financial crisis. As an investor, have you factored the risk of black swan events into your financial planning? Do you have a retirement plan that can help against losses from such events? If not, let Bergen Financial Group see how they can help you with the retirement plan you desire. The firm offers principal protected fixed insurance solutions that strive to grow the investors wealth to help avoid them suffering losses from unpredictable events. Get in touch with a representative at http://www.bergenfinancialgroup.com/contact Insurance and annuity products are not sold through Horter Investment Management, LLC (“Horter”). Horter does not endorse any annuity or insurance products nor does it guarantee their performance. Owners of these products are subject to the terms and conditions of the policies and contracts of the issuing companies. All product guarantees depend on the insurance company’s financial strength and claims-paying ability. |
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