a manager. Matan himself got his medical training in the
navy and stayed in the service for 12 years.
Matan credits Shore’s management with getting them
through the 2008 financial crisis without catastrophic losses.
He’s also turned to Shore for everyday financial advice, such
as how best to help his adult children financially.
The Matans are now set up to live comfortably into their 90s,
he says. They just purchased a two-bedroom condo in Solano
County on the advice of their daughter the real estate agent.
The couple hadn’t expected to leave Marin for retirement,
but when they found the perfect condo with a beautiful kitchen
in Vallejo, they decided to go for it. Saving about $1,000 a month
compared to staying in Marin is just the icing on the cake.
“The single biggest issue that we deal with is people
outliving their money,” Private Ocean’s Friedman notes,
emphasizing the need for responsible planning. “Regardless
of how much wealth you have, you can build up a spending and
cost structure that exceeds the assets.”
For many couples, leaving Marin is a retirement require-
ment. Bob Goldman recalls one pair of clients, a doctor and
an executive, who were having trouble figuring out how
to save enough to retire when and how they wanted. “We
could not make their retirement plan work,” he says. Then
the couple mentioned that they had considered moving to
Washington state. “All of a sudden everything falls into
place. You’re moving to a state where housing prices are
People who have good incomes and
are not spendthrifts find it extremely
difficult to successfully live here. It’s
true in the whole Bay Area, but the
difficulty is really acute in Marin.
lower, where cost of living is lower, where there’s no state
tax,” Goldman says. “What was looking like a very grim
future turned into a bright future.”
Of course, it would be even better to be able to retire
without saying good-bye to the bay views, breathtaking
redwoods, cuisine and culture that make Marin such a
sought-after place to live. “The majority of my clients want
to save enough so they don’t have to move out of the area in
retirement,” Song says. M
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Pictured, (left to right): Ryan Beckler, Evan Oliver
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