Retirement Planning

Is creating and implementing a plan something you want to do on your own?

You should consider yourself the CEO of your family finances, and you need to run your household like a business and coordinate all areas of personal finance; cash flow, investments, insurance, taxes, and legal services. So, ask yourself this question: Do I want to commit the time and energy to doing this job myself, or should I delegate this critical task? What’s the first thing a smart CEO does? You guessed it, hire a CFO. In this one life, time is your most precious commodity. A long-term relationship with a reputable financial planner can give you the gift of time.

Whether you do it yourself or work with a financial planner, take the time to make sure your money is aligned with your most important goals and values, and I’m confident you will find the motivation to create a solid financial plan, as well as follow through on making it happen!

Where will your retirement money come from? If you’re like most people, qualified-retirement plans, Social Security, and personal savings and investments are expected to play a role. Once you have estimated the amount of money you may need for retirement, a sound approach involves taking a close look at your potential retirement-income sources.

We use the Smart Money philosophy: Whenever you need money, there’s a smart place to get it.

The Smart Money Philosophy prepares people for the certainty of uncertainty. The Smart Money Philosophy leverages one principle, two rules, and four skills: The principle is responsibility. In other words, people are responsible for the choices they make.

The two rules are:
1. Always prepare yourself for the certainty of uncertainty.
2. Always make your financial decisions after first reflecting on your personal values.

The four skills are:

Recognize (your thoughts, your emotions, your actions)
Reflect (on your personal values, on the big picture, on your goals)
Re-frame (your thoughts)
Respond (with a choice consistent with your goals and your personal values)
If you were to outline the Smart Money Philosophy, it would look like the following:

I. Death (financial implications)

II. Life (financial implications)

A. Sick or hurt or needing care (financial implications)

B. Healthy (financial implications)

  1. Strong economy and markets (financial implications)
  2. Weak economy and markets (financial implications)

This outline provides a simple and clear framework to make smart decisions. Reflecting on values before making decisions improves the probability that the decisions will be smart and will therefore, be more likely to prepare oneself for predictably unpredictable events. Values reflection won’t make anyone smarter, but it will make us more rational, and unfortunately irrational decision-making trumps high IQ every time.

Service Packages

ServicesFinancial PlanInvestment ManagementRetirement Income Plan
Initial MeetingYYY
Discovery QuestionnaireYYY
Financial Plan AnalysisY
Financial PlanY
Summary MeetingY
Portfolio AnalysisYY
Personal Risk Tolerance CalculationYY
Investment Strategy MeetingY
Investment Strategy Monthly RebalancingY
Annual Evaluation MeetingY
Retirement Income GoalsY
Retirement Income
Retirement Income ReportY
[simpay id="1794"][simpay id="1798"][simpay id="1796"]

Financial Plan: Create a Financial Plan to grow your assets during the Accumulation Phase up to retirement.
Investment Management: Manages your financial assets (stocks, bonds, currencies, commodities) according to an agreed strategy and rebalances monthly or according to technical indicators.
Retirement Income Plan: Using a BUCKET approach it generates an income stream plan from your assets for the different stages of you retirement.

Schedule a complimentary meeting with Eric and let's start the SMART MONEY philosophy planning process. Schedule an Appointment.

(571) 259-0819

Areas Served

  • DC, MD, VA, WV
  • Pennsylvania
  • Carolina(N+S)
  • FL, GA, TN, KY
  • NY, NJ, DE

Newsletter Signup