Whether collaborating with our team internally or working with your established professional relationships, we lead with the development of a truly holistic financial plan, not blanket product selection or investment recommendations.
We help our clients identify and answer critical questions, such as:
How do I reduce the likelihood of running out of money in retirement?
What strategies are available to help reduce the effect of market volatility on my portfolio?
How can I reduce the tax burden on my retirement income?
How do I ensure my estate will not be decimated by long-term healthcare costs?
How do I provide for my spouse or loved ones after my passing?
How can I fund my grandchild’s college, gifts to charity, or other unique objective?
Often times, financial professionals operate in silos, without a full picture of your financial needs, goals, and resources. Our comprehensive approach enables us to analyze and advise on your entire financial situation. This way, we can help maximize income throughout retirement by also controlling taxes, fees, and risk within our recommendations.
The holistic financial plan is an integrated approach to coordinating all key areas of your financial life, including:
Investments
Retirement Income
Taxes
Healthcare
Survivor, Estate, Legacy Planning
To cover the many areas and attributes of the holistic plan, we have developed a systematic four-step process to avoid critical oversights when working to create and maintain your plan – we call this our holistic planning process.
Get to know our firm
Understand your goals and objectives
Understand your current finances
Review the services we offer to meet your needs
Commit to take action on your financial life and goals
Cooperatively design your customized plan, including “happily ever after” and “what if” scenarios
Align your personal volatility tolerance level with your plan
Educate on strategies appropriate to execute your plan
Make final decisions and implement your plan
Organize your financial life and estate
Develop a clear understanding of all your personal resources
Prioritize your goals and objectives
Ongoing consultation
Customized, annual review and plan updates
Proactive communication and education
Reliable client support
The Bucket Plan Philosophy is a strategic, structured approach to bucketing assets to help protect against today’s financial challenges and dangers.
The old way of investing for retirement was to keep a little pile of money at the bank and a bigger pile of money in investments, and hope that it would last a lifetime
Today however, market risk, interest rate risk, and sequence of returns risk are the three-biggest dangers facing investors at or near retirement. A more sophisticated planning philosophy is essential to help stretch retirement dollars to cover the many needs throughout your lifetime.
This is especially important given the ever-increasing longevity of retirees. For this purpose, we utilize The Bucket Plan philosophy to segment money into three different buckets, based on your investment time horizon, volatility tolerance, and income needs.