Our Retirement Planning Process
Step 1 addresses how to maintain a sense of purpose, connection, and get the most out of life during retirement.
Step 2 addresses how to estimate annual expenses during retirement ... with inflation, taxes, and healthcare costs carefully factored into the plan.
Step 3 addresses how to create an organized retirement cash flow statement including social security income, pension income, and other income sources that may apply.
Step 4 addresses how to create a well-organized investment plan that generates inflation-adjusted income, lasts for the duration of retirement, and accomplishes other personal goals when applicable.
Step 5 addresses retirement tax strategy such as setting up appropriate tax withholdings, planning for Required Minimum Distributions, performing periodic Roth Conversions, and other tax related items that add value to the long-term plan.
Step 6 addresses healthcare costs, Medicare, Medicare Supplement Plans, Prescription Drug Plans, and options to plan for potential future long-term care expenses.
Step 7 addresses wills, trusts, probate, estate and inheritance tax planning, periodic gifting, and protecting assets from potential future long-term care costs.
Ongoing advisory relationship.
Our goal is to maintain a lifelong relationship with clients. We proactively nudge clients to make value-added adjustments to their plans as needed over time.
Our mentality is that we will do whatever it takes to protect our client's long-term financial security.