1. Income Planning: Analyzing your Social Security and/or pension options. Are they optimized for your situation?
2. Income and Investment Risk Assessment: Analyzing how much of your annual retirement income will be sourced from accounts exposed to market volatility. This could help you determine an acceptable level of income and investment risk. What is the probability of running out of money in retirement?
3. Survivor Assessment: Analyze the impact to one spouse’s financial situation that would result from the death or disability of the other.
4. Portfolio Allocation: Personalized portfolio review and discussion. Are you properly diversified within your investment portfolio and are you having regular reviews?
5. Cost Analysis: Clarity to understand (maybe for the first time) exactly what your costs are and what you are paying for. Also could you improve on the fees and have a greater value for the fees you are paying? This is significant regardless of market performance.
6. Tax Planning and Tax Reduction Strategies: Establishing a plan for when to use certain types of money you have in order to minimize income tax exposure. Identifying areas where taxation could legally be avoided can make a significant impact.
7. Long-Term Care Planning: Evaluating the potential financial impact to your estate of a long-term care scenario and help determine how much risk you can afford to take on.
8. Estate Planning/Legal Foundation: Working closely with an estate planning attorney to determine
Neither the firm nor its agents or representatives may give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any purchasing decisions.