Pre-Retirement

Way to go! You're taking initiative for the future you want. Doing so, however, can mean that you find yourself in the messy middle—prioritizing and balancing retirement savings with family expenses. So, 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 the full retirement picture, then guide you through it. We'll include critical areas of reflection and begin to answer key questions for each. Don’t worry! You are far from having to decide these things for sure, but initial reactions to these topics will help us move in the right direction.

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 achieve it. Along the way, we’ll clarify big financial questions:

How much should you save and invest?
What types of accounts should you fund?
How much life insurance do you really need?
How can you maximize employer benefits?
What’s the best way to plan for college education expenses?
What estate planning strategies can help you protect your family?

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, lifestyle, emergency, and legacy—have a better framework to meet needs now and plan for the future with greater certainty.

Retirement Living

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

Retirement Lifestyle

This bucket is designed to support discretionary spending in retirement (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

Think about your emergency bucket as a plan for the unexpected. From survivor income to a tree falling on the roof, having reserves will lessen the sting. Here are some real-life calls from clients: “We lost the wedding ring on the beach.” “Having a baby is more expensive than we thought.” “Our son wrecked the golf cart.” And a personal favorite, “A bear got in the vacation home."

Legacy

What’s important to you? Maybe it’s getting started with charitable goals, saving for a child’s future wedding, or buying a house. Generosity doesn’t have to wait; if there’s a cause important to you, you can start now and grow your giving along the way.