In Retirement

Well done! Hopefully, you're enjoying the rewards of a meaningful career. As you enter this new phase in life, you may be wondering, “Am I missing anything?” Let’s double-check! As we create your G.P.S. to retirement success, we’ll consider a few things unique to this season.

Goals

Our framework will help you see an even fuller retirement picture, then guide you through it. To make sure you’re on the right track, we'll discuss critical areas of reflection and make sure your plan reflects your most current answers to each.

Life and Social: What's important to you? Where will you live? How and with whom will you spend time?

Health and Wellness: How will you stay healthy? Where will you get health care? How will you pay unexpected medical bills?

Values and Legacy: How do you want to be remembered? How will you give back? What will you give away?

Plan

With a clearer vision of retirement in mind, we can build a custom financial plan that helps you with things like:

Keeping your income growing beyond your living costs
Minimizing your biggest expense (taxes!)
Identifying areas of risk relevant to you
Planning for long-term care expenses
Maximizing charitable giving impact
Preserving what you've built through estate planning strategies
Securing your legacy with trust planning

In case you’re worried, the financial planning we do won’t be one-and-done. It will continue to evolve as your life does.

Solutions

With a financial plan in hand, we can explore meaningful ways to fund it. Most people (and advisors) view the investment portfolio as one “bucket” that has to accomplish every goal. Here, we believe that investors who think of their assets as multiple buckets to serve specific needs—such as living expenses, lifestyle spending, unplanned emergencies, and future legacy—have a better framework to manage retirement planning with greater certainty.

Living

This bucket consists of protected income sources, like Social Security, pensions, and annuities, that are reliable and help you meet your day-to-day needs (such as housing, food, and health care).

Lifestyle

This bucket is designed to support discretionary spending (for hobbies, travel, and beyond) through a diversified investment portfolio. Examples may include mutual funds, exchange traded funds (ETFs), dividend-paying stocks, or high-quality bonds.

Emergency

This bucket is made up of high-quality bonds, certificates of deposit (CDs), and money market funds, which serve as a potential safety net to address emergency situations or unexpected expenses (like medical emergencies or home repairs).

Legacy

This bucket may include high-quality stocks and life insurance that align with growing and preserving wealth. This strategy can help you pass on your wealth to the next generation or support the causes you care about.