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Retirement Planning

Retirement plans play a crucial role in providing a source of income for us in our later years. However, planning for retirement is often difficult to do on your own. That is why it is important that you work with a professional to help ensure that your future plans will meet the needs of both you and your family. With all the various investment options available these days, it is imperative that you understand how each of them can affect you in the long-run.

  • Disability Planning: A disability can strike at any time. Disability planning should take into account your monthly expenses, family responsibilities and net worth. Once we determine the amount of income you will need to replace in case you are no longer able to work, we investigate the disability insurance options that can provide the best coverage for you and your family’s needs.
  • Long Term Care Planning/Insurance: Mapping a strategy for managing health care cost in retirement is a critical component of any good financial planning.
  • Medicare Planning: The government-sponsored health care and insurance program's precarious financial situation means that what is true today, may not be so tomorrow. We can help you sort out the various options by going through a detailed inquiry into our health care needs, and recommending the best fit for your situation.
  • Social Security Planning: Making the decision to collect social security benefits when you reach the qualifying age should be simple enough: you work, you reach the age where the government is going to start giving you back some of your hard earned cash, and you want it now! But there are many factors that go into this decision. The best place to start is to register at and get a copy of your annual statement. This should be checked for accuracy EVERY year. As you approach that golden age we can create an optimal strategy, and help you integrate your decision with your lifetime goals. Your social security benefits are a component of your financial life and should not be separated from your other decisions that require consideration and proper evaluation.
  • Life insurance: Identifying the appropriate type of insurance—term or permanent—is the first consideration in choosing coverage. If your insurance need is for your lifetime, then whole or universal life insurance may be an appropriate solution. If your insurance need is primarily for a specific period of time, such as your working years, then term life insurance may be an appropriate solution. It is important to choose a coverage period that will meet your life insurance needs to help ensure that the people important to you are protected. In addition to your coverage period, the coverage amount is another important consideration. Your coverage amount will depend on the need you are trying to meet, and these are some general factors to consider:

     - Your potential income
     - Your assets
     - Your liabilities (such as debts)
     - Any existing insurance (individually owned or through work)
     - Other costs your family is expected to face     

It is also recommended that you review your life insurance coverage during the routine update of your overall financial plan. When buying life insurance, there’s no substitute for a thorough analysis of your personal situation. We can help you determine an adequate level of life insurance protection.

  • Cash Flow Models: We focus on combining your cash flow needs with the goals of your investment portfolio. We invest according to you own personal benchmark, which is created as we develop you Cash Flow Model. When creating your Cash Flow Model we take into account your income from all sources, your outflows for living expenses, retirement savings, real estate, gifting, education, and taxes to illustrate several different scenarios which will enable you to see the impact of these variables on your future assets and retirement plan. Building this model with us will give you the confidence that your financial decisions are working to help you reach your personal goals. Designing a Cash Flow Model is not a one-time event and we will frequently revisit your model to confirm that your investments keep pace with your spending needs.