Financial Planning with Personalized Service
Working professionals typically have three fundamental questions:
- How much do I need to save every year?
- When can I retire?
- How much can I spend in retirement?
If you are retired, you may instead have a single, critically-important question: How much can I spend every year without running out of money?
Our work together includes analyzing your situation and answering these questions in a way that is consistent with your family’s priorities.
Answering these retirement planning questions is only one component of a good financial plan. Other components include investments, insurance, estate plans, and taxes.
We will create and manage a well-diversified, low-cost, tax-efficient, and risk-appropriate portfolio. This portfolio will consider all your investment accounts, including taxable accounts, IRAs, 401(k) plans, and 403(b) plans. We will also advise you on stock options, restricted stock units, and your employer stock plan.
We will work with you and your insurance agent to make sure that you have the proper amounts of life insurance, disability insurance, home insurance, vehicle insurance, and umbrella insurance. We are not licensed insurance agents, and we do not sell insurance. This allows us to provide unbiased advice to assist you in making insurance decisions.
We will help you create an appropriate estate plan so that your wishes are followed if something happens to you. The estate planning documents include wills, living wills, powers of attorney for finances, and powers of attorney for health care. We will join you in meetings with an estate planning attorney to create or update your estate plan.
We are mindful of taxes when creating and managing client portfolios. You may have taxable accounts, tax-deferred accounts such as IRAs and 401(k)s, and tax-free Roth accounts. Your after-tax return can be increased by the intelligent placement of various investments in these different account types. Our work also includes analyzing the tax ramifications when making decisions about selling appreciated securities, selling company stock, or exercising company options.
Creating a comprehensive financial plan is an important first step, but our services don’t stop there. Life changes. Financial goals are updated. Markets become more volatile. Inflation and taxes rise. Jobs are lost. New opportunities arise.
We believe that it is important to work with our clients over time to help them navigate these changes. You can email, call, or meet with us as often as you would like. As your life changes, we will work together to make appropriate updates to your financial plan.