How much do you need to retire? A simple question with a complex answer and not much room for error. We help create a detailed model with a probability weighted outcome:
- Modeling a variety of income and spending scenarios including the impact of inflation over time
- Stress testing portfolio allocations to ensure that volatility or market downturns like 2008 don’t lead to lifestyle changes
- Diversifying your overall balance sheet to eliminate or mitigate concentration risks to specific industries, geographies, or macro trends (such as rising interest rates)
- Developing different portfolios for different stages of your life that meet your goals for income and growth
Real life events such as births, injury or illness, or a move to another state can have a meaningful impact on your portfolio. We constantly update your financial plan based on our regular quarterly client meetings to increase the odds that you aren’t blindsided down the road. In many cases, we can help clients save a significant amount in taxes and expenses by simply planning ahead.
Tuition inflation has made education one of the biggest expenditures clients will face in their lifetime. There are several tax efficient options for investing in your children’s future, such as a 529 College Savings Plan. This type of savings plan enables you to pay for college expenses with minimal tax exposure to earnings and gains. We can help to prepare for future college tuition fees by:
- Applying our strategic investment strategy to set terms that aim to ensure available funds for tuition and expenses
- Monitoring income taxes from earnings and withdrawals intended to provide the most beneficial approach to college savings plans
We understand that sometimes life throws you a curve ball. We have the experience and discretion to assist in the financial intricacies of the modern day divorce process and how to structure your financial plan accordingly.