One of First Family Wealth’s co-founders, Mitch Coker, is a former Nissan Management Employee. After a long and successful career with Nissan, Mitch was able to take his personal and business financial experience to help many other Nissan employees with their personal finances. Such assistance is provided by first Optimizing their 401k portfolios for better performance, and then creating a financial plan that encompasses all sources of income and any existing debt to fully understand their family’s individual goals and financial plans for the future.

Unlike the average advisor, Mitch has a personal and in depth understanding of the Nissan benefit programs as he is still an active participant in the plan. For someone who is an existing or recent Nissan retiree there is a great deal of emphasis on education as outlined below.

In a typical meeting with a Nissan employee and their spouse, if applicable, the following items are covered:

Nissan Employees already in retirement

As many of us can expect to live longer than our parents and grandparents, it is so important to make sure that your investments keep up with inflation. With no inflation increases for a pension plan and very little inflation adjustments from Social Security, the proper growth on investments is critical to a successful retirement. For example. If a family needs $5,000 per month to live on at age 60, by the time they reach age 80, it will take $8,700 per month assuming a 3% inflation rate. Many former Nissan retirees, already in retirement for some time, come to me to review their current portfolios from other firms in the area. Many firms are utilizing in-house or so called proprietary mutual funds and various types of upfront loaded commissioned based investment and insurance products. In virtually every case these products include expensive underlying fees that likely will erode growth and therefore hinder the ability to keep pace with inflation. Our goal is to provide an unbiased evaluation of your existing investment programs and offer recommendations that are always in your best interest and can have a significant impact on the long- term effectiveness of your personal investment program.

Let's Talk

Whether you are nearing retirement or have been retired for some time we would like to offer you a complimentary, no obligation review of your current personal financial situation. Please contact Mitch Coker or Daren Chamblee at 615.310.8585 or email us at admin@firstfamilywealth.com
First Family Wealth is not affiliated with, and its services have not been authorized, sponsored, endorsed, or otherwise approved by Nissan.