Pre-Retirees and Retirees
After working diligently to save for retirement, many find that it requires a change in thinking when reaching this milestone.
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While you spend this time enjoying the fruits of your labor, our ongoing focus is to ensure you’ll have sufficient funds to support your retirement lifestyle regardless of the potential volatility of the stock market or the impact of other factors beyond your control.
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We offer Investment Management, Real Estate Investing, & Life & Disability Insurance services to all our clients. For clients who would like additional services outside of these areas, review our Total Wealth Management services for more details.
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As the famous Warren Buffett has stated many times, "there is only one variable that you should consider when making any investment...when is the money needed?"
Many in our industry, in an effort to sell products quickly as well as capitalize on market fears, has made retiree's believe a lie....that you should invest solely based upon your age and "risk tolerance". Investing based upon risk tolerance by definition is investing emotionally.
When we build a detailed financial plan for a retiree, we can show them how much money they will need their portfolio to send to them each month/year to supplement their Social Security, Pension, or other sources of income. We then build the portfolio to have conservative holdings/investments to cover the next 5 years of needed withdraws, so we can confidently invest the remainder for long-term growth and to outpace the eroding impacts of inflation. To achieve this we ask two questions:
1. How far away are you from retirement, or as we like to say, being "work optional"?
2. What is your exact monthly/annual spending?
We utilize industry leading software to aggregate and summarize your spending across all bank accounts and credit cards. This means all our clients and our team know where every dollar is going, and therefore can build a better plan by having the ability to show you what you are spending instead of asking you what you are spending.
Your Lifestyle costs & annual spending is the Master-key in determining how your portfolio should be invested.
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The unfortunate truth is that the majority of our industry has no real idea of what their clients are spending. If one does not know what they are spending, they cannot project how much per year they will need from the portfolio. If you don't know this information, its not possible to determine how much short-term or long-term investments you need to hold within the portfolio.
Our Total Wealth Management process is designed to help you build a team of professionals around you so that you always have integrated comprehensive advice in every area of your life as you prepare for one of the biggest next steps, retirement.
We use best in class technology that brings every part of your financial life together to provide you with real time data so you can see where everything is at and what everything is worth.
