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Retire Smart, Save More: How MDRN’s Virtual Planning Model Can Slash Retirement Costs

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The media is calling it a “retirement crisis.” Millions of Americans are arriving at retirement age woefully unprepared.

Some studies suggest that 45 percent of the Baby Boomers have no retirement savings, while 28 percent of those who have started saving have less than $100,000 put away. Consequently, many Americans now living in retirement or approaching that season are looking for ways to cut back on their expenses.

Aaron Cirksena, founder and CEO of MDRN Capital, has a solution for those looking to retire smart and save more. His firm’s completely virtual model increases retirees’ spending power by decreasing the fees associated with retirement planning.

“Our unique approach to providing retirement planning services allows our clients to experience significant savings when compared with the traditional model of investment management and retirement planning,” Cirksena shares. “When we did away with the overhead expenses that stem from operating a brick-and-mortar office, we were able to create a fee solution for our clients that is lower than the typical advisor. On average, our fees on the entire client portfolio tend to run 30 to 40 percent lower than the typical advisor operating under a conventional model. Additionally, we can provide services like estate planning, tax planning, and tax preparation at no additional cost.”

MDRN Capital is revolutionizing retirement planning by offering a comprehensive range of services, including income planning, investment management, tax planning, healthcare, and estate planning, in a setting that exceeds the efficiency and effectiveness traditional providers are able to offer. Unlike traditional firms, MDRN Capital leverages the power of digital tools to deliver comprehensive services without the need for in-person meetings, allowing clients to enjoy their retirement while their financial needs are expertly managed.

“My goal with MDRN Capital was creating a completely virtual firm that could more efficiently provide the convenience clients wanted while also meeting their ongoing investment needs,” Cirksena shares. “MDRN Capital’s virtual model empowers an environment in which we could serve our clients with less costs to the firm and pass the savings on to them.”

Financial planning for the new normal

MDRN Capital’s innovative approach to retirement advising emerged as a result of Cirksena’s experience during the COVID-19 pandemic. Due to social distancing, advising during the pandemic shifted to virtual appointments. When social distancing was no longer necessary, Cirksena expected his clients would resume their pre-pandemic patterns. He was wrong.

“My clients let me know they preferred the comfort and convenience of virtual meetings to the hassles associated with having in-office meetings,” Cirksena says. “They didn’t miss sitting in traffic and searching for parking spaces, and I couldn’t blame them. Even the clients who lived only a few minutes away decided they would rather meet via Zoom than have a face-to-face meeting in our nice Class-A office space.”

MDRN Capital was designed to meet the client expectations that emerged during Covid. By leveraging technology to take his services to his clients rather than expecting them to come to him, Cirksena made advising more convenient and more cost-effective at the same time.

Financial savings for struggling retirees

Recent studies show the high inflation the US has been experiencing has a larger than average impact on many retirees. In response, many are looking to tighten their belts by cutting back on spending, but reducing the fees associated with retirement accounts is something few consider.

“For retirees, lower gas and grocery costs are certainly helpful,” Cirksena says. “However, cutting their investment management costs in half puts dramatically more money in their pocket over time than lower prices on goods ever could.”

To understand the impact MDRN Capital’s approach can have on retirees, consider that $250,000 earning seven percent over 20 years will grow to $967,421.12. Factor in a 1 percent fee, and growth is limited to $801,783.87, but raising the fee to 2 percent causes earnings to fall to $721,034.70.

Cirksena points to his industry’s failure to embrace modern technology as one reason why investment fees remain high.

“Unlike many industries that have used and adopted technology for decades to help lower costs and make services more efficient, the financial services sector has lagged behind,” he explains. “Many firms continue to incur unnecessary overhead and expenses, which their clients pay for in the form of elevated fees.”

The virtual investment environment Cirksena has created moves retirement planning into the future. It provides a financial service experience that is convenient, comfortable, and efficient while also ensuring that none of its clients’ investment potential is wasted on unnece

Rosario is from New York and has worked with leading companies like Microsoft as a copy-writer in the past. Now he spends his time writing for readers of BigtimeDaily.com

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Business

Bulk Office Supply Transforms Corporate Purchasing: Better Buying for Modern Businesses

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Photo Courtesy of Bulk Office Supply

By: Lanie Moreno

Businesses of all sizes demand efficiency and cost-effectiveness. To address this, Bulk Office Supply has created innovative methods in the purchasing field. The company’s smart bulk buying system changes how organizations get essential office supplies, from office staples to industrial equipment. The company leads the industry with its straightforward, simple acquisition process.

From Paper Clips to Power Tools

Bulk Office Supply gives businesses a complete shopping experience that addresses a major business challenge: the complex task of getting office supplies. The company built a direct bulk purchasing system that saves businesses both time and money. This practical method has attracted over 70,000 business customers. Many Fortune 100 companies are among its clientele.

“Our specialty provides bulk pricing, fast shipping, and excellent U.S.-based customer service. We eliminated extensive negotiations, offering businesses straightforward, budget-friendly purchasing options every time,” explains Levi Haller, CEO of Bulk Office Supply. Customers value the company’s mix of competitive pricing with easy purchasing, which removes lengthy quoting processes and specialized acquisition staff.

The company expanded from office essentials to serve all business needs. Under Haller’s leadership, Bulk Office Supply has expanded its offerings. The company now sells hardware, industrial supplies, medical equipment, and food service items. This growth meets the changing demands of its diverse client base. The company unites various product categories on a single platform, helping organizations improve their supply chains and reduce vendor management complexity.

Where Service Meets Success

Bulk Office Supply stands out through transparent and simple pricing. It follows a consumer warehouse club model. This process offers deep discounts for bulk purchases without complex negotiations. This system makes bulk pricing available to businesses of every size, from small enterprises to large corporations.

The company streamlined tax exemption approval for schools and non-profits. “We maintain quick turnaround time for tax-exemption approval. We set up tax-exempt customers such as schools within minutes,” Haller notes. This specialized service demonstrates Bulk Office Supply’s dedication to exceptional customer care.

Customers benefit from the company’s deep industry knowledge, built since its founding in 1989. With over 30,000 items at competitive prices, the selection is vast. Haller enhances this further with his background in hardware and industrial supply. This mix of office supply proficiency and fresh industry insights enables Bulk Office Supply to serve diverse business needs and predict market trends across various sectors.

Rewriting the Rules of Retail

Bulk Office Supply carves its market space among Amazon, Staples, and Office Depot through distinct advantages. The company competes through bulk pricing, ease of online ordering, and quick fulfillment. Its specialized focus allows it to outperform larger, general competitors in key areas.

“Customer numbers and product lines grow daily. We take pride in fulfilling orders for well-known brands, watching our office supplies reach broad audiences. Our expansion continues with customer needs guiding our direction,” Haller shares. The customer-focused strategy strengthens existing client bonds and encourages loyalty.

The company proves its worth against industry giants through smart operations and customer understanding. Businesses seek fresh purchasing options, making Bulk Office Supply’s mix of competitive pricing, superior service, and vast product selection successful. Its achievements push positive industry changes and better service standards.

Organizations constantly search for ways to improve operations and cut costs. As a result, Bulk Office Supply’s shopping model continues to gain more users. Combining industry experience, visionary thinking, and customer focus positions Bulk Office Supply to lead business supply improvements. Its story motivates industry pioneers and guides businesses seeking better purchasing in today’s competitive market.

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