Certified Retirement Financial Advisor Darcy Bergen serves as the president and managing partner of Bergen Financial Group, a private advisory firm in Arizona. Darcy Bergen’s leadership skills and commitment to excellence extend to charitable initiatives such as Bergen’s Mission, where he serves as a treasurer.
Based in Africa, Bergen’s Mission is a nonprofit that helps children and orphans experiencing poverty to find safe and permanent homes. Bergen’s Mission has close ties with Hope for the Nations, also known simply as HOPE. This charitable institution provides shelter, food, healthcare, and education to at-risk children.
When an earthquake struck Nepal in 2015, thousands of schools were severely damaged causing approximately a million children to lose safe classrooms in which to continue their education. HOPE partnered with Small World to set up temporary structures that would allow at-risk children to continue learning amidst the tragedy. Now, HOPE and Small World are seeking to raise CAD 30,000 in funding to construct a stable and permanent school so that the children and teachers no longer have to stay in unsafe buildings.
A Certified Retirement Financial Advisor, Darcy Bergen serves as president and managing partner of Bergen Financial Group, an independent advisory firm based in Arizona. Darcy Bergen is also dedicated to helping people in need and serves as a treasurer for Bergen’s Mission, a charity whose founders worked with Hope for the Nations in Kenya.
Hope for the Nations, or HOPE, is a charity institution providing caring homes, education, and healthcare to at-risk children around the world. With the help of HOPE’s agent in East Africa, Justice Rising, the organization has raised more than $150,000 to provide education to children in communities affected by war.
Justice Rising estimates there are more than 3 million out-of-school children in the Democratic Republic of Congo, East Africa. The donation will assist the organization as it seeks to build 40 new schools, develop educational programs, and empower local leaders to promote peace in their respective communities.
An accomplished financial advisor, Darcy Bergen is founder and president of Bergen Financial Group in Peoria, Arizona. Darcy Bergen and his associates offer advice on effective investment strategies, wealth management, and retirement planning.
People who reach the age of 55 gain full access to their Social Security retirement benefits. The Social Security benefit is calculated based on an individual’s average lifetime earnings, multiplied by an index factor that represents changes to actual earnings per year. The resulting amount also may change if an individual decides to advance the benefits before retirement age or delay them after, if they receive a pension from government work and didn’t pay Social Security taxes on income, or if they are eligible for a cost-of-living adjustment.
The surge in the new cost of living adjustment (COLA) has also resulted in an increase in the average Social Security retirement benefit by 2.8 percent, which will take effect at the beginning of 2019. This increase will help more than 62 million beneficiaries. Starting in December 2018, those entitled to their Social Security retirement benefit will be notified by mail about the new amount they will receive in January 2019.
Certified Retirement Financial Advisor Darcy Bergen draws from more than 20 years of financial services experience to guide clients in managing their wealth. Darcy Bergen founded Bergen Financial Group, a private advisory firm specializing in retirement, tax strategies, wealth management, estate planning, life insurance, and income strategies.
An annuity is a contract with an insurance company that provides an individual with a minimum income stream during retirement following a set fund contribution, which can come in one lump sum or through regular contributions. Annuities can be either fixed or variable.
A fixed annuity generates a fixed amount of income each year based on a given number of purchase payments. Insurance companies pool the purchase payments from different account holders and invest them in high-quality corporate debt and government bonds. The insurance companies assume the risk and continue to pay the set amount even if the investments perform poorly.
A variable annuity does not guarantee regular income payments to the investor but provides an opportunity to generate greater payouts based on the performance of the underlying assets. The annuitant directs the insurance company to invest the pooled purchase payments into certain mutual funds. While there is a potential of earning more on variable annuities, investors also assume the risks of any potential loss due to a stock crash or other market uncertainties.
A managing partner of Bergen Financial Group, Darcy Bergen is skilled in explaining highly technical investment and wealth planning strategies to his clients. Advising clients on everything from IRA/Roth conversions to establishing a trust, Darcy Bergen is currently accepting new clients who have a minimum of $500,000 in investment assets.
Other than retirement and end-of-life, there are many other reasons as to why you may need the assistance of an experienced financial investment adviser. For instance, welcoming a new baby into your family is a perfect time for you to review your life insurance benefits and to start a college savings fund. Another time you should consider consulting with an investment professional is when you are about to get married, and are looking to combine assets or to keep them separate through a prenuptial agreement.
Of course, if you inherit money, you should seek investment advice from a wealth management professional, so that you can better understand the tax ramifications and how to manage this new wealth. Additionally, people who are buying or selling a business can benefit from professional advice on financing their business and protecting their assets.