Meet Michael (54) & Julie (51) — Michael and Julie don’t have a set retirement date. It’s not because they can’t retire but because they’re not sure when (or if) they want to stop working. Michael is a respected attorney and Julie is a forensic scientist. They both enjoy their careers — their work adds value and meaning to their lives. They’ve worked for decades to excel in their fields, and they aren’t ready to leave their passions simply because they’re nearing traditional retirement age.
Optimize their financial plan + reduce taxes, so their nest egg makes work optional.
They’ve been doing all the right things:
✓ Generated high six-figure incomes
✓ Maxed out retirement vehicles and other investments
✓ Grew sizeable equity in their primary home
✓ Protected themselves with the right types of insurance
As they approach the next stage of life, they want an expert to help them make strategic decisions with their money. They also want help navigating taxes in retirement. While Rick and Sandy aren’t in a hurry to retire, they want to know they have the option.
Michael and Julie weren’t sure where to begin. Plus, they’re busy. They don’t want to get bogged down trying to figure everything out on their own. When Michael and Julie hired a financial planner, they were concerned about more than just their investments. They wanted help with the entire financial picture, especially taxes. A comprehensive plan was put together that met all their needs:
✓ Tax-efficient investment strategy to reduce risk and improve returns
✓ Improved asset allocation to better align with their goals
✓ Smart, sustainable rebalancing strategy
✓ Reduction of tax liabilities through a charitable giving, Roth conversions, Social Security timing, and more
✓ Tax-efficient IRA funding strategy
✓ Adopted an easy-to-use personal finance website to help them organize their financial life and gain clarity
As they approach the next stage of life, they want an expert to help them make strategic decisions with their money. They also want help navigating taxes in retirement. While Michael and Julie aren’t in a hurry to retire, they want to know they have the option.
Michael and Julie now enjoy the peace of mind that comes from having a clear financial plan. They have more energy and mental space to dedicate toward what they enjoy — knowing they have the choice to retire when the time is right.
Does this sound like you?
If you’re approaching retirement and aren’t sure about your options, let’s talk. Schedule a complimentary conversation with one of our financial planning professionals today.
*Client scenarios are meant for illustrative and informational purposes only, and they are not examples of actual client results. Individual results can vary. These hypothetical situations are designed to provide educational and/or general information and is not intended as specific investment, tax or legal advice. You should always consult a professional regarding your specific situation. Actual future investment returns, taxes and inflation are unknown. Past performance is no guarantee of future results.