True Wealth Total Retirement System
Our Approach to Retirement Planning
Retirement is about more than your finances.
Our process is born out of a general interest in helping you. The best way to do that, is by getting to know who you are and what you want in life -
( i.e. Your True Wealth ).
Generally, we'll meet every 3-4 weeks, covering the following phases.
Phase 1. Vision
Upon becoming a client, we'll work on your retirement vision.
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We’ll introduce tools to help clarify your values, visions, purpose, and what you want out of life and retirement (i.e. Your True Wealth.)
Phase 2. Goals
Here we start to craft retirement, life and money goals. Some will be in the next year, others will be several years (or even decades) out. This is where we'll clarify them, by putting a timeframe and dollar amount to them ( knowing of course they may change!)
Phase 3. Income
We’ll analyze your current retirement trajectory and coordinate your portfolio income with other factors like Social Security. This helps us identify opportunities for improvement.
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We’ll ensure you have a plan to maximize your income to support a meaningful retirement. You’ll also be able to see a projection of your income throughout the entirety of your retirement.
Phase 4. Investments
Once we understand your purpose in retirement and maximize income to get there, we can see what your investments need to do to support your income.
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We formulate recommendations based on the data we’ve gathered. You’ll see the strategy we outline and have the opportunity to ask questions. It’s important you feel comfortable and clearly understand everything before moving on.
Phase 5. Taxes
Because taxes could be your largest expense, a sound tax strategy is essential to helping you keep more of your nest egg. Our goal is to reduce what you pay as much as possible now and in the future.
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You’ll see an analysis of what tax implications you can expect. We’ll give recommendations to optimize your plan.
Phase 6. Protection
The best plans are laid to waste if there aren’t systems in place to fully protect them. We’ll review your insurance and estate coverage so you’re covered no matter what happens.
With this holistic view, we can provide a higher level of service.
