We believe that when you retire, you should have a plan that seeks to make you as bulletproof as possible.
Retirement should be a time to relax. But the problem is there are a lot of things that can negatively impact you when you retire.
Things like: bear market crashes, taxes, required minimum distributions, capital gains taxes, not having quality estate planning, potential incapacity, long-term health care expenses, and income needs for the surviving spouse. All these areas, and many more, must be dealt with to have a secure retirement that could last until you're in your 90s.
The problem is that most financial advisors have very limited training. They are not trained or licensed in asset protection and estate planning, and they aren't experienced with different tax issues. That may be sufficient for some people, but most want something different at this crucial time of their life.
While we don't claim to be a "one-stop-shop," we certainly are more broadly and deeply trained than most investment advisors. The reality is that we look at life differently. When we talk with clients, we certainly focus on the markets and trying to make your portfolio grow, but we have other important goals as well:
- Regularly monitor so we can remove chronic underperforming holdings from your portfolio
- Be aware of what's happening in the economy so we can try to reduce losses when a bear market crash comes
- Keep up with legislation so we can try to make tax-wise decisions
