The older we get, the more we struggle with tough decisions — how will we manage with our stagnant incomes; where will we live when our ability to handle the day-to-day declines, and what will be the wisest way to pass along our assets when we no longer need them.

Dealing with these financial challenges makes us particularly vulnerable to leaches and outright thieves.

Nearly 70% of members of the American Institute of Certified Public Accountants, or AICPA, report that several times a year they hear their older clients confess that they have been victims of financial abuse. Some 47% of the accountants said this problem has worsened in the last five years. In the accompanying chart, you can see the kinds of abuse that older people face most often.

Patrick Peason has been in the financial industry for over 25 years,and specializes in the unique challenges that face today’s retirees and pre-retirees. In today’s tough market economy, seniors especially need to fully understand all the various options that are currently available to assist them in protecting and growing their investment portfolios.
Since Pat’s focus is on serving the needs of retirees and pre-retirees, he offers conservative strategies that seek to minimize risk to principal while maximizing income.His process helps each client understand how much risk is appropriate in determining the optimal asset allocation for them. This strategy has served Patrick and his clients well; his success has garnered him some of the industry’s most prestigious awards. Additionally Pat has hundreds of happy clients across the state. An award winning national speaker, Pat also instructs top level executives to help them become more effective communicators. This will be an entertaining, informative and dynamic program!