When will you retire? When CAN you retire? How long will your money last? How do you know? What is your plan to get there? Where are you now?
Like most people, you want answers to these questions. I help you answer these questions, work with you to improve those answers, and provide you a simple way to track your progress to, and through, retirement.
You can see an example of your retirement plan tracker here:
As a fee-only virtual financial advisor I follow a fiduciary standard. This means that I am legally bound to work in your best interest. I don’t receive commissions from products I recommend. I work for you to develop and implement a plan that fits you best.
I hold a number of professional certifications, each with a unique benefit for developing effective tax-conscious retirement distribution strategies.
- Certified Financial Planner ®
- Retirement Income Certified Professional ®
- Enrolled Agent
I am a fee-only financial planner in Hallsville TX serving Longview, Marshall, the greater East Texas region, and clients across the United States. With convenient technology we can work together from anywhere, either in person or virtually, to create a plan that lets you get the most out of your retirement savings.
You also want it taken care of so that you can enjoy your life and retirement. That’s what I do for you.
Your Virtual Financial Advisor
You are busy. Driving to an office and sitting face-to-face with someone takes time.
Our interactions will be convenient and virtual. Meetings take place via phone-call or video. Account opening is quick and easy. Transferring an IRA takes minutes and is completed entirely online.
Individuals and Families Preparing for Retirement
Because I am a retirement specialist I provide the most value to individuals and families who are focused on preparing for retirement.
As you approach retirement your focus starts to shift from accumulating savings for retirement toward planning to live off the savings you have invested over the course of your career. There are many issues to consider as you develop a solid retirement income plan. Your plan should incorporate your life expectancy, income needs, and desire for safety. Different income strategies will place greater emphasis on different factors in order to provide you with the best retirement outcome.
What will we cover?
>Retirement Withdrawal Planning
As you near retirement you will transition from years of working and saving to withdrawing from your retirement accounts. Your withdrawal strategy should provide you with an income stream that is expected to last as long as you need it to. Your own retirement lifestyle goals and expected lifespan affect your distribution strategy. Tax-efficiency, longevity risk, and income needs are all incorporated into the plan.
Investing FOR retirement is different than investing IN retirement. The risks that you face when saving for retirement are not the same as the risks you face once you start to live off of your retirement savings. Your investment plan should be a well-balanced approach to risk and desired outcome. We will reduce your investment expenses where possible.
Investing is less about picking individual investments than it is about constructing portfolios. Portfolio construction involves understanding how different investments relate to one another in order to achieve the ideal level of risk and expected return. Diversification, asset allocation, investment expenses, risk tolerance as well as risk capacity, are all factors affecting how you should construct your investment portfolio.
You get the peace of knowing that you are taken care of, and the convenience of not doing it all yourself.
People who choose me are interested in a sound, long-term plan executed simply. They are focused on achieving retirement income goals instead of chasing investment returns. While I do take care of your investments for you, that is only a part of the value I provide.
We will do this against the backdrop of your emotional response to the ups and downs of the market.
All the money in the world isn’t worth losing your sanity over.
Your retirement plan needs to make the best use of all the options available to you and consider how your goals may change.
>Social Security Planning
Social Security is a notoriously complicated system. Determining your optimum filing strategy isn’t as easy as it should be. However, for most Americans Social Security represents a significant portion of retirement income. Your retirement plan should maximize the benefits that you have contributed to over your entire working life.
Your advisory fee is a simple annual percentage of the account value as follows:
|Account Value||Annual Fee|
|$100,001 – $1,000,000||1.00%|
|$1,000,001 – $5 million||.9%|
|$5 million & above||.8%|