One motto I have lived by my entire career is every battle is won before it is fought. We take this philosophy very seriously in creating your financial and investment management plan for your retirement. Below is a list of area’s we create for every retirement and financial plan.
You are the most important person to us. We want to understand who you are, what is important to you, your fears, and desires for your retirement. We will help create a plan that is centered around YOU and the people that are closest to you.
If you do not have a well thought out income plan for your retirement it can wreak havoc later in life. Gone are the days of taking a systematic withdrawal off your retirement nest egg. This can expose your portfolio to a major risk called sequence of returns. If in the first couple of years in your retirement you see negative growth in your investments, this could cause you to run out of money. We help avoid this by maximizing your social security benefit and creating pools of money managed for the different stages of your life. This helps us avoid selling investments at a loss to generate your retirement income.
We will help you develop a clear budget and a strategy to reduce debt where possible. This is a critical first step to success in any retirement planning strategy.
Developing a plan to create tax free pools of money can help you avoid and manage your tax exposure in retirement. The challenges arise with the ever-changing tax rates and bailouts we may need to repay in the future.
Every retirement needs to evaluate the risks you are exposed to, and create a plan to avoid them or mitigate them if possible. We take this very seriously because these are the issues that could lead to one of our greatest fears, running out of money in retirement.
You have worked hard to build up your nest egg so you can enjoy your retirement. Thinking through who you would like to leave your estate to and developing a plan to efficiently do this with proper planning is critical to leaving your loved ones in comfort rather than chaos. We can help with a will and trust, beneficiary reviews, and much more.
Asset Allocation and avoiding disruption are critical for anyone currently retired or planning to retire in the next 10 years. We will develop a personalized investment strategy for you. If you do not want a financial plan but want us to just manage your portfolio we will do this for .5% of assets under management.
We will put together a holistic financial plan and manage you investment strategy for a total of 1.25% of assets under management. There will be additional cost if we put together an estate plan.