Katherine: Entering the Final Phase of Her Career
Reducing taxes, consolidating investment accounts, and assessing retirement readiness
Katherine made it crystal clear she wanted to work with someone who would listen to her without trying to sell her on investment products or hype. The transition between work and retirement can be both exciting and scary, so we sat down to speak with her so we could clearly understand what she wanted from her financial plan.
After many conversations, we gained an understanding of the lifestyle Katherine hoped to have when she retired. Once we knew where she was coming from and what she hoped to accomplish, we got to work creating a personalized investment and retirement plan. Katherine had already been working with a CPA she was happy with, so we joined forces with them right away.
Creating a retirement plan for Katherine was rewarding and exciting for our team. We worked with her to create a timeline of events leading up to her final years of work, and we consolidated her retirement accounts to create a clearer picture of where she stood. From there, we crafted a systematic plan to sell her stock options in a way that was designed to boost her nest egg while minimizing taxes. We also helped Katherine utilize her remaining working years and supercharge her retirement account with additional catch-up contributions. Ultimately, we even found Katherine had enough cash to delay taking Social Security payments so she could receive a larger payout later on.
Currently, Katherine is finishing out the final years in her career with a comprehensive plan that is designed to help her enjoy retirement on her own terms.
*Case studies presented are purely hypothetical examples only and do not represent actual clients or results. These studies are provided for educational purposes only. Similar, or even positive results, cannot be guaranteed. Each client has their own unique set of circumstances so products and strategies may not by suitable for all people. Please consult with a qualified professional before implementing any strategy discussed herein. No portion of these case studies is to be interpreted as a testimonial or endorsement of the firms' investment advisory services.*
Ready to Create a Reliable Income?
Let's discuss where you are at with your plan and discover ways we can improve your investments and create reliable income for your retirement. Receive a complimentary, no obligation assessment today.