What if the plans you envisioned for your retirement have gaps or pitfalls that you’re not aware of? These are what we call “blind spots,” and we address them by walking you through a tried and true process we’ve developed over the years called RETIREMENT READINESS.
RETIREMENT READINESS analyzes 14 separate retirement risks, testing the strength of your plan and identifying potential weaknesses. Through this process, our clients can be confident they’re set up for success and look to the future with optimism!
Step #1: Introduction 10-15 minutes
Typically over phone, email or video chat.
We’d like to briefly get to know you and your motivation for reaching out. This will give us both a better feel if it makes sense to move into the Discovery Stage for a more formal meeting
Step #2: Discovery Stage 40-60 minutes
This is a no-obligation meeting to determine if we have a fit. Typical discussion topics include:
- Your goals
- Your current situation
- Your reasons for wanting a financial planner and your hopes for the relationship
- Our financial planning services and investment philosophy
Step #3: Sharing our Findings 30-90 minutes
We share with you our observations, go over your RETIREMENT RISKS analysis, and discuss any additional findings from the technology we leverage. This meeting has a wide time range based on how much there is to report and how many questions you have for us.
Step #4: Decision Step 10-15 minutes
Outcome A- For whatever reason, we’re not the best match. If you prefer, we’ll help you find another advisor.
Outcome B- We’re mutually a great fit, and we’ll review the next steps to proceed.
Step #5: Plan Implementation 15-30 minutes
- Complete new plan paperwork/electronic signatures
- Link to needed technology: Right Capital, AdvicePay, and Schwab account (or custodial of choice)
ONGOING STRATEGY/ TACTICAL MEETINGS
Step #6: Monitor and Update Plan
We call these strategy meetings because often events come up that are time-sensitive and cannot wait for the next quarterly or annual meeting. Rather than meeting at an arbitrary time each year, we will communicate when important decisions or changes need to happen. This could involve tax law changes, income decisions, Social Security and Medicare choices, or an endless list of agenda items that will come up throughout the life of our relationship.
We will also occasionally host or sponsor events- ranging from dinner classes, wine tastings, fundraisers, musical events and so on. If there is something you’re passionate about, let us know and perhaps we can add it to our list!