A world class approach to comprehensive financial planning
Maybe you want financial security. Maybe you want to leave a legacy for your loved ones. Or maybe you just want to live life today to the fullest.
We want you to know that we take pride in knowing our clients and leveraging our practice to meet our clients’ financial planning, investment and insurance needs.
No Time
When I first met this busy doctor and mother of three she was overwhelmed with the number of commitments at work and at home. Despite doing some planning for the future, Tonya did not feel she had the time to prioritize organizing her finances for a secure financial future. Her investments were scattered and she was not sure what was happening with any of the money that she had saved up. She was looking for someone she could trust to walk her through what she needed to know about where she stood and where she could go.
We met by video conference when it was convenient for her. I worked with her on locating and consolidating her assets. We then implemented investment strategies for her assets based on her risk appetite. Finally, we made solid decisions on securing her income in the event of sudden disability.
Today she has peace of mind about at least one aspect of life during these tumultuous times when she is needed most as a physician.
The Sandwich Generation
John and Susan Smith reminded me of my own family a lot. They married eighteen years ago and have three children. The Smiths have a very busy life. John is in business and Susan is a doctor. John's parents are in their seventies and live in Florida. Susan's parents lived in NYC most for their lives but moved to CT five years ago to help raise their grandchildren.
When I met John and Susan a year ago for financial planning in CT, they explained that they now have to care for their children and their parents at the same time.
They are a part of the growing sandwich generation - simultaneously taking care of a younger and an older generation. They also realized that they needed to save for their retirement in order to live out their retirement dreams and not end up in their parents situation. After consultation, it became clear to the Smiths that while they have done some financial planning work on their own they needed the expertise of a professional for peace of mind and a more informed plan.
My Retirement Wishes
I ran into Rosa a year ago. At our first meeting Rosa told me exactly the number of working days she had left before retiring. I joked that she was still very young and that she could work another ten years. To this she replied "I only have seven years left to work. I will be 65 in seven years. Let's get cranking."
Like most people of her generation, Rosa has saved most of her retirement income in a 401K account. She had been diligent with her contributions to her retirement investments. Nonetheless she was worried about a potential stock market meltdown just before her retirement. Her other main concern was outliving her wealth.
It has been a pleasure working with Rosa. We have explored tax efficient strategies for her retirement and life time income substitutes. Rosa feels more confident now and has better understanding of what she needs to do from now until retirement and during retirement. I have met many people like Rosa for financial planning in CT, where even after following traditional advice there was much they could do to improve their circumstances.
Mental, spiritual, emotional, physical and financial well-being are all interrelated.
A Young Family
Nate, an attorney, and Lorraine, a nurse, married three years ago. They are expecting their second child and they both want to continue working because they believe that working teaches dedication and discipline. Nate and Lorraine’s parents worked most of their lives. As immigrants the parents spent most of their lives just trying to make ends meet.
Retirement seems a distant consideration to Nate. So he is satisfied with contributing a small percentage of his salary to his employer sponsored 401K plan. Lorraine wants her children to have the best possible life; attend good schools, excellent colleges and have some amount of money to start their adult lives.
Lorraine started talking to John about putting a financial plan in place for the family. She was alarmed when her cousin, who is a few years older than her, passed away and left behind her small child. They found me to help them create and implement a plan to address their needs.
My Child Needs A Headstart
Samantha, Robert and their one year old son, Toby, live in the suburbs. When I started working with Samantha, her main concern was to ensure that Toby was always insurable. After a few exchanges, I quickly learned that Samantha's dad was not insurable after his 35th birthday because doctors discovered he had a heart murmur.
Samantha and Robert also wanted to make sure that they had investments in place to take care of Toby's education. We worked together to put a plan in place that ensures that Toby will not have to worry about insurability and also be in a position to pursue his dreams and goals.
“Sometimes the smallest step in the right direction ends up being the biggest step in your life. Tip toe if you must, but take the first step.”
-Unknown