Coltharp Financial

This is why you need to be worried if you are dependent on a public pension for retirement. You are dependent on the ignorance and incompetence of your local government officials for your future income.

https://www.latimes.com/california/story/2025-03-19/los-angeles-city-budget-shortfall-gets-much-worse

L.A. city budget shortfall grows to nearly $1 billion, with layoffs 'nearly inevitable' Faced with a nearly $1-billion budget shortfall, the Los Angeles City Council met behind closed doors to take a fresh look at its salary agreements with labor unions.

I had a client tell me he wanted to wait for a while before he added an annuity to his portfolio. Now his stocks went down 35%.

Annuities don’t grow as much as the stock market can but, annuities protect your money from market losses.

Now, he not only suffers the losses but he has to pay his advisor fees as well.

My other clients are very happy they acted when they did. Their income is still coming in despite Wall Street fluctuations.

Coltharp Financial
Mike Grover Coltharp
Gavin Newsom
Lakisha Ashford
Insular Life
Life Story
Rep. Summer Lee
Rep. Jamie Raskin