Pat Vittuci Views Retirement Yesterday vs Today

    WALNUT CREEK, CA, June 29, 2011 /24-7PressRelease/ -- Pat Vitucci, a Bay Area Independent Financial Advisor, sends us a reminder that retirement planning today is far different than it was several years ago. "It used to be that people retired at 65, went on a cruise at 66 and died at 67. Those were the rules and everyone followed them." Those tongue-in-cheek remarks certainly didn't apply to everyone, but there is a bit of truth in those comments about how people viewed retirement planning a few decades ago. Many people worked for companies for a long time when pensions were commonplace. Workers could combine a pension with social security and that was enough retirement income to not have to work anymore. They were ...retired.

"Not so true today," continues Vitucci. "Now people are healthier and living much longer and leading very active lives. Many of us are just not ready to retire at age 65. Combine that with the fact that most companies simply don't have pensions anymore and social security is a shrinking asset. Consequently, people are working well into their 70s and even beyond...full time or part time. Is 70 the new 40? Maybe!"

Pat Vitucci was recently named NPCs (National Planning Corporation) #1 producing financial advisor in 2010*. National Planning Corporation is part of one of the nation's largest independent broker dealer networks and has over 1600 financial representatives throughout the United States.

He is the President/CEO for Vitucci & Associates, headquartered in Walnut Creek, CA...with 10 other offices in the greater San Francisco Bay Area.

Pat Vitucci also provides financial advice for several radio and television stations and hosts his own hour-long radio show called "Your Financial Life" on several Bay Area radio stations He conducts seminars on various financial topics such as retirement planning, college funding, active asset management, risk management strategies, estate planning, cash management and tax strategies throughout the Bay Area, sometimes in conjunction with other industry professionals, and has lectured at many organizations, both civic and fraternal, and at numerous corporate-sponsored events.

Pat's mantra--"Don't Invest And Forget"--is not only the title of his recent book, but reflects his approach to managing investments with an active asset allocation method of continually evaluating and redeploying clients' portfolios based upon changing market conditions.

Pat Vitucci has been an active leader in the financial services industry for more than 30 years. He has served in various capacities in his corporate life, including as President of Broker Relations and President of a subsidiary of a major financial corporation. He lives in Alamo and was educated at, Monmouth University in New Jersey where he earned a Bachelor of Science Degree in Economics.

*Ranking based on individual production for 2010 and is not a reflection of investment performances or future success. Security and advisory services offered through National Planning Corporation (NPC), member FINRA, SIPC and a registered investment advisor. Vitucci & Associates and NPC are separate and unrelated companies.

San Francisco Bay Area Independent Financial Advisor and Radio Personality Pat Vitucci founded Vitucci & Associates more than 16 years ago. For more information, please contact us at (800) 472-8305 or visit us at www.dontinvestandforget.com.

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