Advice is abundant, especially when there is money to be made. However, it is crucial to understand that advice meant for a specific target market may not be suitable for an individual, regardless of their classification within that market. Each person is unique in their financial circumstances and decision-making processes. Therefore, before providing any advice, it is essential to understand the client, their situation, and what drives their financial decisions. This approach establishes a foundation for helping clients tackle the four most challenging financial questions they will encounter.

These are the four toughest financial questions that one will face:

  1. What rate of return do you need to earn on your savings and investments to maintain your current standard of living in retirement, and ensure that your money lasts through your life expectancy?
  2. How much do you need to save on a monthly or annual basis to retire at your current standard of living, and ensure that your money lasts through your life expectancy?
  3. Based on your current financial situation, how long will you need to work to be able to retire and maintain your current standard of living until life expectancy?
  4. If you continue doing what you’re doing now, how much will you need to reduce your standard of living in retirement to ensure that your money lasts until your life expectancy?

At the beginning of our consultation, we can answer these questions and give you an idea of your current financial status. Our goal is to help you improve your financial situation without compromising your current lifestyle. We focus on identifying potential areas where you might be losing money without taking on more risk. We believe that building a strong relationship with our clients is essential in this process.