What we offer
We work with you to create a financial plan that will include detailed recommendations on how best to use your resources to meet your life and retirement goals. Your plan will cohesively address all of your life's financial areas such as income and expenses, investments, taxes, housing, insurance, charitable giving, wealth transfer and estate planning
What you get
Your plan will include:
- A detailed list of your retirement and financial goals
- The main assumptions used in your plan
- A summary of your net worth
- A summary of your total assets
- An overview of your current investment allocations
- Income & expense projections throughout all of your retirement
- The probability of retirement plan success (aka Monte Carlo simulation)
- A detailed list of recommendations to best achieve your goals
To see an example of what your plan will look like, check out our Sample Financial Plan
What's addressed in your financial plan
The content of your financial plan will be specific to you. Depending what stage of retirement planning you're in, your questions, concerns and goals may include:
Pre-Retirement (1-10 years before retirement)
- What do I want to do in retirement?
- Can I afford to retire?
- When can I retire?
- How much money will I need in retirement?
- Where will my income come from once I stop earning a paycheck?
- Am I saving enough? How can I save more?
- Where should I be investing - my 401(k)/403(b), an IRA, a Roth IRA or a regular brokerage account?
- How should I be investing now that retirement is getting closer?
- Should I pay off my mortgage before I retire?
- How much tax will I pay in retirement?
- How can I minimize my taxes?
- When should I start Social Security?
- How much money will I need for healthcare expenses in retirement?
- Should I be spending or investing my Health Savings Account?
- How much should I help my children pay for college?
- How do I provide financial assistance to my parents?
- What should I do with my cash value life insurance policy?
- How much life insurance should I have?
- Do I need disability insurance?
- Should I consider buying long-term care insurance?
- Is my estate plan up to date?
Beginning Retirement (0-1 year before retirement)
- What do I do with my 401(k)/403(b) after I stop working?
- When and how do I withdraw money from my 401(k)/403(b) and IRAs?
- How should my accounts be invested once I retire?
- How do I protect my savings against inflation?
- When should I start my pension, and what payment type should I choose?
- How do I start Social Security?
- When and how do I enroll in Medicare?
Living in Retirement
- How much can I spend on travel, hobbies and leisure activities?
- How should my money be invested?
- Should I consider purchasing an annuity?
- Can I afford to buy and maintain a second home?
- Should I rightsize to a smaller home?
- Should I help my children pay off their student loans?
- How do I help my grandchildren pay for college?
- Do I still need life insurance?
- How will I pay for long-term medical care, if necessary?
- What is the best way to gift money to my heirs or charities?
- What happens to my finances after the passing of a loved one?
- Does my estate plan properly reflect my wishes?
What's the process
There are four steps in creating your financial plan:
Get to know you and gather information
If we mutually decide to work together, we'll have a few in-person meetings, webinars or calls to learn more about you and your goals. We'll also gather all your necessary financial info such as:
- detailed list of income and expenses
- tax returns
- investment account statements
- bank account statements
- mortgage statements
- insurance policies
- estate planning documents
Create your plan
Next we'll use your information to build a comprehensive plan that will cohesively address all your retirement questions and goals
Present and discuss your plan
After completing your plan, we'll present it to you, address any questions you have and walk through each of your plan's recommendations
What it costs
|For a couple||Typically $3,000*|
|For an individual||Typically $2,400*|
Schedule a free introductory call to further explore how we can help you create your financial plan:
* The fee may be higher if you are a business owner, have a highly structured legal estate, own private or illiquid investments or otherwise have a lot of complexity in your financial life. We will quote you the final fee after having an introductory call