PERSONAL FINANCIAL PLANNING

REACHING THE RETIREMENT SUMMIT WITH THE HINDSIGHT RETIREMENT PROCESS

Climbing to the summit of a large mountain is one of life’s greatest achievements for experienced climbers. They know the key to achieving their goal is planning and preparation. Like mountain climbing, retirement planning begins with the goal of reaching the summit. It means having a well-thought-out, well-funded, stress free retirement plan strategy.

ACHIEVING RETIREMENT CLARITY

For many people, the task of retirement planning may seem overwhelming and complex. This led us to create an easy-to-understand approach for “Achieving Stress Free Retirement Clarity” called THE HINDSIGHT RETIREMENT PROCESS. It involves performing a detailed cash flow analysis, which is then used to create a custom plan for achieving your retirement accumulation goals. The process also incorporates the necessary risk management tools designed to protect you from unexpected events that could obstruct your path and hinder you from successfully reaching your retirement summit.

PLANNING FOR SUCCESS

In climbing, focused planning means crafting a well thought-out, stress free route which takes into consideration the unique landscapes and challenges of the mountain. In retirement planning, it means building a plan that takes into consideration your personal goals and objectives. It may include strategies built around retirement savings, education savings, income protection, creditor protection, investment management, tax planning and more.

REACHING THE SUMMIT AND RETURNING SAFELY WITH THE HINDSIGHT RETIREMENT PROCESS

While climbing to the top of a mountain is considered to be a major achievement, the real goal of climbing is not simply to reach the top, but to reach the top and return safely. The same can be said for retirement income planning. For years, people have focused on accumulating enough assets. However, the biggest risks facing retirees occur during the income distribution phase when we retire and begin to live on our retirement savings.

As we begin this second half of our journey, we are faced with unique and potentially devastating risks such as a volatile market, inflation, liquidity, longevity, health and survivor risks. Just like climbing a mountain, those who address these risks will be more likely to safely and successfully complete the journey.

We created the THE HINDSIGHT RETIREMENT PROCESS to help clients plan their income in retirement while simultaneously addressing the key risks associated with income distribution. We base this process on three fundamentals:

  1. TRANSITION FROM ASSET ALLOCATION TO INCOME ALLOCATION:

    Traditional investment management focuses on asset allocation. However, once we retire and begin withdrawing money, the focus shifts to turning these assets into life-long income streams to provide for our needs throughout retirement. THE HINDSIGHT RETIREMENT PROCESS helps you assess your available assets and redeploy them efficiently into income solutions based on your needs.

  2. DETERMINE YOUR WITHDRAWAL PERCENTAGE:

    THE HINDSIGHT RETIREMENT PROCESS helps you determine the percentage of savings you can withdraw as income each year so it is sustainable throughout retirement.

  3. RISK MANAGEMENT:

    The THE HINDSIGHT RETIREMENT PROCESS helps insulate your income against key retirement risks by constructing a portfolio comprised of various income solutions. The income solutions are uniquely designed to provide specialized benefits such as asset accumulation, lifetime income, inflation protection, tax efficiency, long term care coverage and survivor benefits.