The need for investment planning is critical in the wealth accumulation stage.
Wealth accumulators usually range in age from their 20’s to their 60’s. In our experience, the younger the family the higher the challenge in systematically implementing a savings plan. (Please see our Young Investor page for investors between the ages of 20 and 40).
Usually what we see for pre-retirees are multiple goals that need to be met which could include meeting daily living expenses, saving for a child’s college education or putting a child through college, contributions to an employer retirement plan, creating an emergency savings fund, buying life insurance and other important circumstances. All of these goals must be met by fighting for the same earned dollar.
The need for investment planning is critical in the wealth accumulation stage. We assist our clients by finding the right balance for each family, creatively using single strategies that satisfy one or more of the goals with the same earnings dollar.
Our process for helping pre-retirees is our Family Wealth Planning process which takes families from prioritizing their general goals, to detailing their specific goals to running an analysis to find out their probability of success in meeting their goals long term. Once we know how to meet the family’s goals we will then recommend a custom investment strategy. The Family Wealth Planning strategy and investment strategy are monitored and updated as often as daily.