Patricia - The Ambitious Business Owner Eyeing Retirement
Case Study
Patricia, an established business owner with partners and over 50 employees came to us hoping to retire in 10-15 years. She had a comfortable salary and was a leader in her community. Patricia was family-oriented, humble, and extremely charitable.
THE CHALLENGE: Patricia had invested so much into the business that she did not know if she would have enough to retire. Her business was everything to her—and we had to find a way to maximize her trade to support her retirement goals.
OUR SOLUTION: We gave her the time she so generously gives to her others. We carefully listened to her goals, dreams, fears, and frustrations and then developed a personal wealth strategy using a business retirement plan and executive benefits strategies to maximize financial tools in her business. We also engaged with a strategic partner to complete an informal business valuation for the company.
Carla - Executive Globe Trotter
Case Study
Carla, a successful, thirty-something-year-old executive came to us because she needed direction and guidance. She was earning a high income, giving back to her community and traveling the world in her free time.
THE CHALLENGE: Carla had plenty of discretionary income—she simply had no direction on what to do with it. She was feeling uncertain about her financial future because she didn’t know if she was putting enough into the right places or how to maximize the stock options from her employer. She was also frustrated with other financial advisors who didn't value her opinion or intelligence.
OUR SOLUTION: We considered her key concerns and drafted a financial plan with clear parameters for the dollars that she works so hard to earn. We provided options for her investable assets, consulted with her on an early retirement strategy and scheduled regular meetings to evaluate her progress with the plan.
David and Sabrina - Married Professionals Looking to Retire & Leave a Legacy
Case Study
David and Sabrina, a middle-aged, extremely motivated couple, looked to us for guidance on all aspects of financial planning. They were both professionals who had built up a nest egg—with scattered accounts in various places.
THE CHALLENGE: Although this pair had accumulated some fairly substantial assets, they needed to know for sure that their money would last. They wanted an income stream for retirement, a legacy for their children, resources to care for an aging parent and help caring for themselves as they got older.
OUR SOLUTION: We provided comprehensive guidance on the key aspects of financial planning, maximizing pension and retirement income from their employers combined with a guaranteed income from their investments. We consolidated their investments, using technology to reveal a comprehensive view of their assets, focused on net worth. We also recommended a strategy to repay their mortgage prior to their desired retirement and implemented insurance strategies to help protect their assets and help meet their goals.
Richard and Taryn: Recent Retirees Focused on the Future
Case Study
After long careers with Fortune 500 companies, Richard and Taryn embarked on retirement at the age of 63. Their young adult children were now self-sufficient, and they were ready to enjoy their retirement years together.
THE CHALLENGE: This pair knew the value of hard work and saving, which is how they managed to accrue modest retirement assets. They also had some company retirement benefits available to them— but they wondered if it would all be enough when they considered their goals, longevity, healthcare needs, different sources of income and unexpected future costs.
OUR SOLUTION: We focused on the income and foundational components of this couple’s financial plan to ensure that rising healthcare costs did not chip away at their savings. We completed a detailed analysis of their company benefits and developed a multi-strategy income plan with the potential for annual increases over time. Wary of potential future healthcare needs, we also suggested protection strategies to minimize the depletion of their retirement accounts.
Diana: Successful Go-Getter, Newly in Charge of Finances
Case Study
After 17 years of marriage, Diana came to us newly divorced and questioning if her income was enough to manage her family’s finances and reach her ambitious future goals.
THE CHALLENGE: Diana wanted to ensure she could maintain her pre-divorce lifestyle while funding her children’s college education. However, she lacked a clear strategy—Diana just wasn’t sure which investments or insurance solutions would provide security for herself and her children.
OUR SOLUTION: We understood Diana’s fears and concerns about her financial future and empathized with her new journey. To help set her up on a path toward success, we completed a cash flow analysis and utilized technology to segment her monthly spending and show her exactly where the dollars were going. We recommended a robust savings and investing plan focused on her priorities and rebuilding.