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 As extreme weather events become more prevalent with each passing year, it’s worth examining the damage they can bring. In addition to the devastating effects storms have on an area’s people and property, they canalso take a toll on your investments. The National Oceanic and Atmospheric Administration said six major weather events have surpassed the $1 billion mark in losses so far this year, and that was before the most recent threat, Hurricane Dorian, hit the East Coast. The total from last year’s U.S. disasters exceeded $14 billion. While it’s easy to assume natural disasters have always been around, note in the accompanying bar chart that half of the top 10 most costly disasters in the past four decades…



Overview The message in today’s news and financial media is loud and clear: We are living longer, so we must work longer to save more. However, not everyone is on board with that edict. Many millennials have grabbed hold of an idea detailed in a 1992 bestseller by Vicki Robin and Joe Dominguez, titled “Your Money or Your Life.” The basic premise is that by adopting a mindset of thriftiness and flexibility, people can avoid working during the healthiest years of their lives, achieve financial independence and retire early. It’s called the FIRE movement, an acronym that stands for “financial independence, retire early.” FIRE is a lifestyle system characterized by saving 50 percent or more of one’s income. This type…