Retirement Planning

In retirement planning, we use models to accomplish income planning and expense projection to help you prepare for life after “paid work.” A perfect economic model would suggest you die the day you spend your last dollar. Although they are not perfect, models do help us ensure you don’t outlive your money.

After pinning a number on your “RLE” (retirement life expectancy) we use math to model potential investment income and compare it against ongoing expenses. It’s not all prescriptive. We also engage in dialogue, lots of dialogue, to gauge how you feel about retirement.

The idea is to manage your assets, manage risk and periodically evaluate your liabilities so they don’t get ahead of your ability to service them. Together, we regularly monitor your financial situation against the cost of your lifestyle.

Once it’s clear your retirement lifestyle is financially secure, the discussion might shift to a focus on distribution strategy. This might be planning for asset distribution to charity or heirs.

Among other things we’ll be discussing your estate plan and determining whether it’s time to freshen it up with your attorney, or one we can recommend.