Maximize Save money and diversify.

Standard of Living in Retirement

According to statistics from the social secrity administration, out of every 20 people looking to retire at age 65,

  • 10 have income above the poverty level, but must reduce their standard of living at retirement
  • 5 die prior to age 65
  • 4 have an annual income below the poverty level after age 65
  • 1 will achieve financial independence

Importance of Increased Savings

Savings rate can greatly impact the standard of living an employee experiences in retirement. From Social Security statistics, we’ve found an overwhelming majority of employees will accept a lower standard of living in retirement. We use everyday products such as the cost of a stamp, the price of a gallon of milk and food cost to illustrate inflation and the need for higher savings.

Our education program uses humor, movie-clips and multiple visual adaptations to appeal to a wide cross-section of the employee population. Our goal is to use every means possible to convince each person, regardless of education or social status, the significance of saving.

The ultimate reward for Barrow & Powers Consulting Group lies in equipping people with the tools needed to attain a higher standard of living in retirement.


We use the Callan Chart to illustrate how different asset classes have performed over the past 15 years. The chart proves that it is virtually impossible to predict which asset class will outperform the rest in any given year. Therefore, diversification is one of the only ways to plan for the swings in the market while potentially maximizing return. The plan should have most all of the asset classes represented and have competitive investments in each class. After these essentials have been established, the participants can be taught the importance of diversification. Please be aware that diversification does not assure a profit and does not protect against loss in declining markets.

*Diversification and asset allocation does not assure a profit or protect against a loss.

Barrow & Powers
Financial Services, Inc
An Independent Registered Investment Advisor

401k Plan Consultants
401k Fiduciary Assistance
401k Fee Review & Analysis
401k Plan Design
Investment Committee Oversight
Employee Education Programs

256 N. Kentucky
Lakeland, FL 33801
(888) 575-3955 (toll free)
(863) 802-0333 (phone)
(863) 688-1306 (fax)