HCR Wealth Advisors: Working to Build Financially Strong Families

HCR Wealth Advisors works with clients to create personalized financial strategies. Some clients between the age of 30 and 50 have been nicknamed “The Sandwich Generation.” The name is fitting because these people are in the unique position of having to care for one or several elderly parents and help their children with college expenses. All of this is happening while they need to be saving for their retirement.

HCR Wealth Advisors works with clients to create personalized financial plans. Most people are encouraged to put in as much money as possible into their retirement account. The account might be provided by an employer or one you established yourself. Today, people can live for as long as 90 years. It is not hard to imagine that people in the future might even live longer. That is why planning and saving for retirement is a topic @HCRwealth stresses and teaches.

Getting children educated and out of the home is another area to think about when dividing your income. Students who incur significant student loan debt may have to move back home just to make ends meet. One way to help your children pay for college is by saving money in a tax-deferred education account. These accounts hold many advantages. The sooner you can create one the better.

HCR Wealth Advisors knows how crucial it is for you to understand your parents’ financial situation. As a child, your parents may not have discussed money matters with you. When caring for aging parents you should know what the source or sources of income are, and how long they are going to pay out.

Health insurance plans should be studied. Knowing what benefits your parents have or do not have will be something you can do your best to plan around.

Planning, educating, and understanding complex financial situations are things HCR Wealth Advisors strives to do with every client. The firm has been in business for over two decades.

HCR Wealth Advisors is not affiliated with this website.

Chris Burch And His Investment In Nihiwatu

Chris Burch is a known fashion expert. He has invested in the hospitality industry by building Nihiwatu. Nihiwatu is a 5-star beach hotel that is situated on a remote Island in Indonesia. Chris Burch has cofounded and also founded various popular brands such as Tory Burch and C. Wonder. Chris Burch partnered with James McBride who is an hotelier and purchased a beach hostel that is located on Sumba Indonesian Island. It cost approximately $30 million to renovate the hostel. They later reopened it in the state of a 5-star hotel and named it Nihiwatu.  More of this on bjtonline.com.

Travel + Leisure voted Nihiwatu as the world’s best hotel in 2016. Chris was in an interview with Business Jet Traveler. He said that he purchased the property for his children and also as a means of giving back to the community. Chris stated that the beautiful Island of Sumba offers many development opportunities that are not possible in other places. He added that the outcome of Nihiwatu surpassed his expectations. Burch said that this is rare since things do not turn to our expectations most of the time. The Wall Street Journal reports that Chris Burch has divided his time between Nihiwatu, Miami, and the Hamptons. The beach resort comprises of 27 private villas with the inclusion of Chris’ private home known as Raja Mendaka.

The Raja Mendaka consists of the main house and four villas. Each of them has its pool. Chris and his hotelier friend purchased the property from a New Jersey couple who had made it into a beach hostel. Nihiwatu is now the biggest local employer in the remote island. Part of the profits from the hotel goes to the Sumba Foundation which funds local projects.  Additional article here.

Chris Burch works at the Burch Creative Capital where he serves as the founder and principal. Chris is a serial entrepreneur. Chris Burch has an extensive background in business in a broad range of sectors including real estate, technology, and fashion. Chris combines both industries to create strong and successful retail brands. Chris attended the Itchica College where he completed his undergraduate studies. He partnered with Bob who is his brother and founded the Eagles Eye apparel. Chris has a reputation as a successful entrepreneur and fashion mogul. His brand portfolio is exciting. It includes Nihiwatu, Ellen DeGeneres, Poppin, and Cocoon9. Chris says that his success comes from hard work, passion, discipline, and commitment. He is a philanthropist who is involved in several noble courses. Additional article on fashionista.com.

Be sure to hit http://mashable.com/2013/07/21/christopher-burch-interview/ for a good read.