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South Bay Asset Strategies Wealth Management

South Bay Asset Strategies Wealth Management

Open and honest financial planning

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Near Retirees

We can help you make smart money decisions.

Retirement planning can lead to wonderful outcomes. Imagine having the resources in place to travel to exotic places, provide college education for your grandkids or give generously to a charity or to your community. It’s possible, and South Bay Asset Strategies can help.

Our retirement planning strategies have helped many clients to start early at setting goals, calculating realistic retirement income needs and formulating concrete action-steps.

Specifically, South Bay Asset Strategies can help near retirees:

  • Plan for adequate cash. Our financial planning models can help near retirees set realistic expense structures, ensure that available income sources are in place, account for retirement fund distributions and manage taxes. It’s a complex planning process that we’ve done for many clients.
  • Rebalance portfolios. Planning for retirement means moving from an asset accumulation or growth phase of one’s life to portfolio structures that emphasize income. We develop portfolios that make sense for each individual client, given their goals and timeframe to retirement.
  • Reduce debt. We encourage clients 10 years away from retirement to begin reducing their debt obligations. While it’s not always possible to be completely debt-free, nor is doing so always the best course financially, we can help determine which debts are worth carrying and which should be eliminated.

Rebalancing a portfolio may cause investors to incur tax liabilities and/or transaction costs and does not assure a profit or protect against a loss.

Rule of thumb.

At least 80% of your pre-retirement income. This is the “80% rule” — the idea that you can successfully budget 80% of what your earned before retiring and do just fine. Some financial planners feel you’ll need to set aside more than that. You should meet with a wealth manager who can evaluate your situation.

Contact Us

Latest Articles

Download Our Free 2025 Tax Guide, Start Planning Now

Read moreDownload Our Free 2025 Tax Guide, Start Planning Now
Get your copy of the South Bay Asset Strategies 2024 Tax Guide

Download Our Free 2024 Tax Guide, Start Planning Now

Read moreDownload Our Free 2024 Tax Guide, Start Planning Now
Make any necessary beneficiary updates for your loved ones.

It’s a New Year and a Good Idea to Check Your Beneficiary Designations

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South Bay Asset Strategies
2790 Skypark Drive, Suite 201
Torrance, CA 90505

310-534-5490
310-534-5838 fax

Available Account Logins

Albridge
American Funds
AssetMark
Franklin Funds
John Hancock
LPL Account View
Putnam
Prudential


About
Our Firm
Our Difference
Adam Hartrum
Larry Bakerjian
Bianca Hartrum

Services
Wealth Management
Investment Planning
Risk Management
Fees

Clients
Retirees
Near Retirees
Professionals
Privacy

Resources
Posts
2025 Tax Guide
2024 Tax Guide

Newsletter Sign Up


South Bay Asset Strategies wealth management and financial planning, Torrance, CA. CA Insurance Lic #0C57088. Securities and advisory services offered through LPL Financial, a Registered Investment Advisor, Member FINRA/SIPC.

The LPL Financial Registered Representatives associated with this site may only discuss and/or transact securities business with residents of the following states: AZ, CA, FL, HI, ID, IL, MO, NM, NV, OH, OR, PA, TX, VA, WA.

This site is published for residents of the United States and is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security or product that may be referenced herein. Persons mentioned on this website may only offer services and transact business and/or respond to inquiries in states or jurisdictions in which they have been properly registered or are exempt from registration. Not all products and services referenced on this site are available in every state, jurisdiction or from every person listed.

©2025 South Bay Asset Strategies. All rights reserved.

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