98 Pacolet St.
Tryon, NC 28782

Smoky mountain ridges

Our Founder, Roland Stadelmann, MRFC®, believes that managing your money wisely means being knowledgeable about all the options available to you.

That’s why Foothills Financial Group places a heavy emphasis on financial education. It is this focus on education that led us to join the national network of like-minded financial advisors known as Retirement Income Source.

As part of our financial education efforts, here we have provided the answers to some frequently asked questions, starting with:

Q. Why should I hire an Income Specialist from Foothills Financial Group to be my financial advisor?

A. Since our inception, Foothills Financial Group has been on a mission to help clients create a path to financial peace of mind. Built upon a solid foundation of excellent client service and in-depth market knowledge, our ultimate goal is to help clients retire with confidence, knowing they’ll have the income required to enjoy the activities that fill their lives with purpose.

As a Retirement Income Source, Foothills Financial Group is uniquely qualified to help clients invest in income-generating securities designed to better preserve their savings—so they can use it as a renewable source of income they can count on in retirement.

Here are the answers to a few more questions we are frequently asked:

Q. The Income Specialists at Foothills Financial Group are financial advisors who are also fiduciaries. What does that mean?

A. A fiduciary is a professional who is held to the highest regulatory standard and is bound by law to always act in your best interest. Not all financial advisors are fiduciaries. At Foothills Financial Group, we are fiduciaries who specialize in financial strategies geared toward retirement income.

Q. What is an Income Specialist?

An Income Specialist is a financial advisor who is uniquely qualified to help clients reduce their exposure to market risk so they can better preserve their savings and use it as a renewable source of income in retirement.

Q. What does Investing for Income mean?

A. Although most investors have been led to believe “growth” and “return” mean the same thing, it isn’t true. Total return is really a sum of two things: income and growth, as shown in the formula: TR=I+G. While growth is measured in capital appreciation, income is generated through interest and dividends.

In our experience, the only truly “safe” way to ensure you won’t outlive your money is to shift your investment strategy from one focused on growth to one designed to generate reliable income through interest and dividends. Why? Because:

• When you live off your interest and dividends, you’re not spending any principal, so you don’t have to worry about whether the market grows or shrinks.
• You have the potential to keep growing your money more safely through strategic reinvestment.
• It makes your retirement income a “renewable resource”.

Q. How much savings do I need to retire?

A. When it comes to planning and saving for retirement, there is no set amount that will be right for all. The right amount will vary and depend on things like your age, life expectancy, and the lifestyle you want to enjoy in retirement. What’s most important is that you utilize an investment strategy that’s appropriate for your current stage in life and your level of risk tolerance.