Meet Judy Viccellio

“I help you reach your VISION, honor your VALUES, with VERSATILITY for the curves in the road.”

Judy’s primary focus is PROTECTION: Protection of your family, your future, and your finances.

Judy Viccellio moved to Lakewood, CO a little over 2 years ago after living for 24 years in the Washington DC area. Judy brings more than 30 years experience in the financial industry, both as a financial advisor and as a senior manager of other successful advisors. She has presented Financial Workshops for many years and for many organizations. Currently, Judy is the Keynote Presenter for the Retirement Seminars at the World Bank, and also leads Financial Planning and Literacy programs for their employees. She has presented at the National Conference of the American Legion, as well as non-profit organizations, communities, churches, and numerous government agencies. Judy specializes in Retirement Planning, both short and long- term. For her workshops, Judy has designed templates and worksheets for participants which they have found extremely useful and easy to use. The feedback from her workshops is that participants always come away with something they didn’t know before, and that the information is both practical and beneficial to them and their families. The word most often used in her reviews is “Clarity”. Judy is named a Top Financial Advisor for consecutive years by Northern Virginia Magazine. She is the proud mother of 3 sons and 3 grandsons. She still has an office in Alexandria, VA and travels to the DC area several times a year.

Ask Judy your questions. And Peruse FAQS below.

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I am a 60 year old single female, and planning on retiring in 5 years. I have a 401K ($400K), a savings account of ($50K), and my home is paid for. I do not have a pension. What do you suggest for a person in my position to protect my long-term financial security?

First, take about 1/3 to 1/4 of your 401K ($100-125,000) and create a guaranteed income with it that you will never outlive. Let it build, and turn on the faucet of guaranteed income in 5-7 years when the lifetime payout will be higher. Now, you have raised the floor of your guaranteed income with 2 sources: Social Security, and the guaranteed income you just created. (You will sleep better when you do this).
Second, re-allocate your 401k funds into a well-balanced, somewhat defensive position so you don’t suffer a big market loss right before you retire, and Third, explore your options for Long Term Care Insurance.

What's the best kind of insurance to buy?

It’s not an either/or kind of answer. Most clients will buy a lot of inexpensive term, and put a foundation of permanent insurance underneath. When the term is up, the permanent insurance will be there forever.

What are the different kinds of life insurance? Which one is best?

1) Term Insurance – only for a term of time, Ex: 10 yr, 20-yr, 30-yr
2) Universal Life – can last longer than term, but is based on interest rates. Can lapse over time if interest rates stay low.
3) Whole Life – guaranteed permanent insurance. Will be there to the age of 120. Will give bond-like returns over time, tax-free.

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