A prospective client (a 57-year-old male) shared a powerful realization about his retirement in our discovery call:
“Nic, this is ALL we got. We only have one retirement fund. No more contributions are going in. What do you think?”
I’ll admit, I was taken aback. I had no idea what I was about to discover and from the tone and tenor of his comment I expected an underfunded investment disaster.
To my pleasant surprise, he and his spouse were in great financial shape (and I’ll add, physical shape to boot).
It was clear that decades of hard work, diligent saving, and thoughtful planning clearly put them on solid ground. That said, even with a robust retirement fund, their one big question loomed:
“Will it last?”
For him, longevity runs in the family. His grandparents are both approaching octogenarians.
While it’s a blessing to have the chance for so many years ahead, it also brings new questions:
- How do we ensure the money we’ve saved will provide for us over the long haul?
- How do we balance enjoying our wealth today with preparing for a decades-long retirement?
Together, we crafted a plan that gave them confidence.
We analyzed their spending needs, modeled their income for various lifespans, and built-in flexibility for unexpected expenses. We then aligned their portfolio with their goals and work toward their retirement fund would not only last but also allow them to live life fully—without constant worry about running out of money.
We didn’t wing it. We implemented a process. This same process has helped 100’s of families retire and stay retired, with confidence.
If you’ve been wondering about your own plan, let’s talk.
If you or someone you’re close to is a high-achieving professional that could use help aligning their finances and establishing a financial plan, please reach out to us, we’re accepting new clients and eager to help.
Cheers, Nic
This is a hypothetical situation based on real life examples. Names and circumstances have been changed. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investments or strategies may be appropriate for you, consult your advisor prior to investing.
