Healthcare / Long Term Care
Healthcare and Long Term Care will be two of the largest expenses for most retirees.
Putting It All Together
Years of experience have prepared us to guide you through your pre and post retirement years.
Our Retirement Planning Process
When you look at the diagram below, you can see that it is more than just picking stocks or bonds. And very few advisors have the direct experience in selling health insurance, life insurance, medicare supplements, long term care policies, annuities, etc. We have that experience, and it makes a difference.
There is also an age component in Retirement Planning as well, when considering who you are going to ask advise from. There is a huge difference between "Book Learning" and real world experience. We know, because over the course of our careers, we have been both.
Over years of experience, this has become our Retirement Planning Process. I think that you would agree that Retirement Planning is a much more complex process than you might have first thought.
Another important aspect of Retirement Planning has to do with Retirement Cash Flow. It makes a difference as to which assets you use to fund your cash flow needs during retirement. The funds may be a "Return of Principle", Taxed as Income, Taxed as a Dividend, Taxed as Long Term Capital Gain, Taxed as Short Term Capital Gain, Taxed Differed, or Tax Free. What is important, is that you receive as much as you can, while paying the least amount of tax that you can.
The following shows some of that complexity.
Believe it or not, there are even more options and strategies than are shown here.