Life has thrown you a curveball and now you’re unsure if you’re prepared for what’s next.
Having enough money to retire comfortably isn’t always the primary goal. Planning retirement when your plans are no longer viable can create challenges that may leave you feeling less than prepared.
Our kids are grown and we can live somewhere we've always dreamed, does it make sense?
Downsizing your family home can be an emotional, but financially practical step, but relocating altogether can seem daunting. There are numerous details to address, such as cost of living, taxes, climate, and healthcare considerations.
There is also the priority of travel arrangements when you want to visit loved ones. Planning retirement can be more complex than you originally planned. We can help you weigh your options and point out the important concerns to make your plans work for you.
I expected to retire as a couple and now I have to go it alone.
Losing the love of your life is devastating. Nothing can prepare you for such a tragedy. As much as you know that your spouse would have wanted you to move forward with the plans that you made together, you realize that everything has changed. Perhaps there is unfinished business, selling of a home, selling or closing of a business, or even maybe the finances weren’t your department, and trying to figure it out now feels like you might make a mistake.
Avoiding making mistakes with your finances is just a matter of understanding the financial implications of your choices. Your focus should be to follow what is in your best interests and we can point out the financial implications along the way so you can confidently make decisions to serve you well.
I don't know how to walk away from my business without being killed by taxes.
Not everyone gets to retirement with a pension or hefty 401(K) waiting for them. Sometimes putting your life’s work into a business of your own has been all you ever wanted and you just assumed one day your sunset would come. Now you find yourself in uncharted waters, unsure of how to liquidate, sell, or even maintain, but walk away from day-to-day operations. Your financial assets may be tied into your business and your employees are your family. Perhaps you have no logical successor, and you can’t just sell to anyone.
There are more options than you might imagine to address your concerns as well as how to prepare for the taxable implications that will be a part of whatever decision you make. We can help guide you to your ideal resolution and bring in the professionals you will need to execute your wishes without fail.
Being faced with health changes can be tough, being financially prepared is your best defense.
Having a family history that presents potential health concerns, or perhaps just knowing how to align your needs with measures to prepare for the unexpected may provide you with the peace of mind you need. Having your will and trust in place, long-term care coverage and even life insurance can be the lifeline you need when having to face serious health issues.
Preplanning can take the burden off your loved ones, but if early planning never took place, knowing where to best access the money needed, with the least financial and tax impact is crucial. We can take you through your options step-by-step through the difficult, but necessary choices to see to it that your needs can be met as best they can.
Early retirement can be challenging, designing the ideal strategy for your needs can make it possible.
Under the best of circumstances, retiring early can be a serious challenge. Some of your assets will need to be directed at income-producing investments, while others with higher risk, are not intended to access until down the road. Medicare options are not yet available and accessing social security is not ideal until you reach full retirement age. Passive income can help bridge the gap if you planned well along the way, but you also don’t want every penny you touch to be taxable income.
We can help guide you through the world of tax-free, tax-deferred, and tax-smart investments. Every opportunity presents its risks but being armed with sound advice can make your challenges less daunting.
How Would This Work?
Generally, as all meaningful things do, it all begins with a conversation. In that conversation, you can expect to be asked about what and who matters to you, what your goals look like today and tomorrow, and how and what you think about money. As wealth advisors, we lend some expertise and perspective, and you decide if there is value in exploring further conversations.
Our clients earn high five figures, through high six and seven-figure incomes. Some are starting out while others are enjoying closing their lives after successful working careers. Many of our clients work for great companies and many run great companies. What we have learned by being privileged to work with our clients, is that no two are the same and that each lends a unique perspective that benefits others.
We approach each new client relationship with a commitment to creating value in our interactions, no preconceived notions, and no preset, cookie-cutter strategies. We also won’t tell you that you should sacrifice your lifestyle today for a better one tomorrow. What matters to you is at the center of our perspective.
You Decide How We Work Together
Flexible options to engage in financial advice in the way you prefer
You may have done a great job developing and maintaining your financial portfolio and perhaps all you need is an occasional review of strategies and sound advice for major financial planning considerations as they present themselves. In this case, we are here for you as needed, providing advice on an hourly basis.
You may prefer to have a dedicated team to design your short-term and long-term strategies to manage and monitor your financial world through an open line of regular communication and financial goal planning of your work and personal investments. In this case, we are here to provide advice on a regular basis as a traditional percentage of assets under management, working as your partner to navigate challenges and capture the opportunities.
You may have a situational need for a specific goal and require an unbiased opinion. This generally means a specific product solution, which compensates a representative with a commission for placing business with them. As an independent firm, we work with all major A-rated companies and have no ties or requirements to any one company, solution, or product. This allows us to honor our duty to focus on the best possible solution for your needs rather than a company controlling and restricting our options, or compensation weighing unjust bias into any recommendations.