Allan Densmore: Millionaire Advisor

Based in Fort Myers, Florida, retirement consultant Allan H. Densmore helps clients enjoy their retirement with income streams that take the stress out of their financial affairs. Specializing in helping clients invest in future and current income at reduced rates, Mr. Densmore takes advantage of the secondary market, a little-known strategy in the United States. He published the book Millionaire Advisor as guidance in that regard.

For people approaching retirement, financial security ranks as a top priority. Millionaire Advisor represents the author’s 17 years of experience in the financial services industry. Allan Densmore wrote the book to help readers increase their net worth and to sleep well at night throughout their retirement years.

Written to serve individuals close to retirement, as well as those just starting out in the labor force and people at points in between, Millionaire Advisor addresses several key issues, including the importance of return on investment (ROI) and reliability of income (the new ROI). The book includes such additional information as ways to create income that increases in up markets but does not decrease in downturns and ways to assume a mortgage with little or no money down.


Certain States Tax Code Better than Others for Retirement

With the economy continuing to sputter along while more baby boomers prepare to retire, many of Allan H. Densmore’s clients seek ways to preserve their wealth. One option that does not include a portfolio of stocks and bonds might also integrate a life change many potential retirees consider – relocating to a new state. As Allan H. Densmore has pointed out, certain state tax codes can pose big benefits to those without unlimited wealth.

There are currently 12 states among the 50 that do not deduct social security or income taxes. These 12 include Alabama, Nevada, New Hampshire, Tennessee, and Washington.

However, states do need to raise funds through some means, so it is important for potential newcomers to investigate income tax rates, in case they seek a part-time job for supplemental income. Other taxes that warrant investigating include property taxes, for those who plan to buy a unit, and sales tax.

Seven states do not collect income tax and just five remain without sales tax. Alaska collects neither social security, pension, sales, nor income tax, while New Hampshire receives just dividend and interest-related income tax – not social security, pension, or sales tax funds.