Broker Check


We look at our clients and their priorities within the framework of the four basic lifecycle phases of financial planning. Income, priorities, risks, goals, and concerns are different within each of these stages of your financial life. With that in mind, your financial plan must be flexible to accommodate the phase you are in and those after it.


You figure out what to do with your paychecks, start understanding the need to save for retirement, and invest.


The pre-retirement stage begins in your mid to late 50s, managing competing priorities like paying for college for your children while simultaneously increasing your retirement savings. At this point, you are starting to think in more detail about funding your retirement. As you move through this phase and get closer and closer to retirement, you begin to make more concrete plans to determine your retirement budget needs and manage your healthcare and other post-work costs. Perhaps most importantly, you’ll decide at what age you can finally retire.


This phase marks one of life’s biggest adjustments. You will enter the phase where you discover your post-career identity and you will begin to live from your retirement savings and investment income. You’ll see how your plans for income in retirement work in actuality, and you will make sure your retirement plan distributions are done in the most tax-efficient manner. And with all this new time on your hands, you will probably enter a period of adjustment where you learn your post-career identity.


In the fourth stage of your financial lifecycle, focus shifts towards passing what you’ve learned and acquired to the next generation. You think about opportunities for lifetime giving to the causes you are passionate about. This is also the time to ensure that you have a wealth transfer plan in place.