People often come to us for help in solving problems. Below are some of the more popular problems we help solve.

How much can I spend in retirement?

Another way to phrase this problem is “will I run out of money?” When you were working and had a paycheck coming in each month you knew how much you could safely spend. Once retired, you may need to supplement your social security, pensions, and other steady income with money from savings. You need an income plan that can both help you establish how much you can spend, and provide a way to see if you are on track as the years go by. A good plan may allow you to spend more in the early, more active “go-go” years of retirement, then cut back as you move into the “slow-go years.” Creating an income plan is one of the key things we do for clients.

Do I have the right investments?

In today’s world, we are constantly being pitched a wide variety of investment options. Once you get to retirement how do you know what to choose? It all starts with the income plan. If you don’t have a plan for where the money will come from for the rest of your life how can you begin to know what to invest in? Yet many people we meet with seem to have a “junk drawer” of investment statements, with no idea how they fit into their retirement income goals. We help clients develop a plan, then fund it with investments it calls for.

I’m paying too much in taxes.

We have yet to meet the person that wants to pay more than their fair share of taxes. While working a person’s regular income usually came from a taxable paycheck, you had little control over the taxes you paid. This changes in retirement. For the first time, you may have significant control over where you take the money from and thus how much you pay in taxes. You may be able to balance the withdrawals over time to help minimize your taxable income. You may even be able to “pre-pay” some taxes in a lower bracket using strategies like Roth conversions. We work with a client and their tax preparer to integrate their tax plan with their retirement income plan.

How will I pay for Long Term Care?

The good news is we're living longer. The bad news is it often means we could have increased medical cost. Traditional Long Term Care insurance has gotten more and more expensive. At the same time, newer “hybrid” policies have appeared on the market, opening up options we didn’t have before. We can help you compare your options and decided what strategy might be right for you.


Overview Technically, economists define a recession as a prolonged period of economic decline, often precipitated by two consecutive quarters of negative gross domestic product (GDP) growth. In the second quarter of 2019, the U.S. economy growth rate dropped to 2%,down from 3.1% in the first quarter. Preliminary estimates from the Commerce Department show that third-quarter GDP growth reduced further to 1.9%. Moving forward, analysts at the Federal Reserve Bank of San Francisco(FRBSF) forecast a growth rate between 1.5% and 1.75%, signaling furtherdeclining growth. For perspective, this projection is significantly lower than the most recent 10-year average of 2.4% and well below the 4% that was predicted would result from the Tax Cuts and Jobs Act of 2017. United States GDP…



Overview In November 2007, Ben Bernanke, the Federal Reserve Chairman at the time, publicly announced inflation was likely to start inching up and economic growth may weaken but remain positive. The consensus of the Federal Open Market Committee (FOMC) was that the U.S. economy was not headed for recession. One month later, the worst economic decline since the Great Depression commenced. To say it’s difficult to predict the timing of a recession is an understatement. A recession can be triggered by any number of different factors, even manmade ones. For example, President Richard Nixon is credited with causing the recession in 1973 by calling for a price and wage freeze two years earlier in order to stifle inflation. The events…