Challenging Life Events
What to do with an inheritance, bonus or other large financial gain
You have the chance to secure your future. We can help you figure out how to secure you lifestyle and mitigate taxes.
Buying, selling or starting a business
Make wise decisions with a team of professionals focused on a successful outcome for you.
Death of a partner or spouse
The aftermath of your spouse's death is a difficult time for you and your family. You're already coping with many emotions, and there are usually financial matters that must be dealt with as well. We can help you through the process: getting benefits, handling investments, figuring out cash flow, mitigating taxes and much more.
Changing jobs/layoffs- what to do with retirement plans and other benefits
Changing jobs or starting a new career can open the door to many uncertainties for your finances and your benefits.
We explore your financial options and design a plan of action. Our goal is to eliminate financial surprises and take advantage of new financial opportunities.
Deciding when and how to take Social Security or a pension
Deciding when to start Social Security benefits is probably one of the most important financial decisions you will make. Social Security income is a valuable source of retirement income that protects against three significant retirement risks -- inflation, market volatility, and longevity. For many, given the shift away from traditional pension plans, Social Security will provide them with the only income that's guaranteed for life. But making the best decision about when to start Social Security can be complicated, particularly for married couples.
If you have a pension, what's a better financial choice when you retire: A lifetime pension, paid monthly, or a single, lump sum of money to invest today? How about survivor benefits.
We can give you a clear understanding of the options and help you decide.
Caring for an elderly parent
Caring for an aging parent may be the highest calling of your life. But it also can rob you of time, money, and your own experiences. We can help you think through all your options, budget and manage medical costs and support you in the decisions you need to make.
Counting Down to Retirement or Semi-Retirement
Now you may be planning for 20-30 years without a paycheck or a smaller one. What will you be doing? How much can you afford to spend and not outlive your money? How much can you safely with withdraw from investment accounts or retirement plans? When should you take Social Security? We analyze your situation and desires and develop a plan that will give you confidence in moving to this next phase of your life.
Finances can be a huge contributor to conflict! As a newly married couple, you will want to coordinate your financial matters in a way that suits both your styles.
Some areas addressed:
- Cash flow and budget management (how best to manage income, bill paying, and savings activities)
- How to manage your joint and individual retirement and investment plans
- How to manage two different investment comfort levels or styles
- Income taxes (withholding, filing status, etc.)
- Merging households and real estate decisions