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Investment Management for the Partial or Full Retiree

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Your investment assets are providing retirement income but you continue to have questions about those assets. Do you have the right mix of bonds, stocks, and alternative strategies? Are your income needs being met? Is your withdrawal rate sustainable? Is there a way to lower taxes? Are you too conservative? Too aggressive?

GETTING ON TRACK

FIRST

A great starting point is risk tolerance testing along with a review of your investment history and your current investment positions.

SECOND

The asset allocation design process begins with our selection of an appropriate blend of asset categories (e.g. stocks, bonds, alternative strategies), a time tested (since 1991) probability study to test the allocation blend, and then, the investment selection process for both 401(k) choices and non-retirement assets. Our objective advice and asset selection is free from sales commissions and proprietary products.

THIRD

We then monitor your portfolio, re-balance to your target blend, when needed, maintain tax sensitivity, and communicate with you during scheduled calls and meetings.

That’s it! Our investment management process is efficient, needs-based, and focused on relieving you of the uncertainty of your current portfolio.

Retirement Planning for the Partial or Full Retiree

Click on this for explanation of Retirement Planning for the Partial or Full Retiree

You are either partially or fully retired, living comfortably, but you question if your financial situation, and more specifically, your retirement income, is being maximized – both now and for the future. Is it time to re-visit and take a fresh look at your retirement income needs/wants, your investment mix of bonds, stocks, and alternative strategies, taxation, and perhaps, a changing tolerance for risk.

The OFM WEALTH retirement second opinion study examines the issues that you contemplate. Together, we’ll re-visit your goals, income sustainability, asset allocation blend, and tax strategies. In short, is the current plan the right plan for the future?

We have seen partial or full retirees spend too much or too little, and live with uncertainty. Our retired clients tell us “We don’t worry about this stuff anymore”. No need for you to worry either.

Estate Planning for the Partial or Full Retiree

Click on this for explanation of Estate Planning for the Partial or Full Retiree

Many years ago, a retired client of ours was amending his current estate plan and said, “I wasted legal fees on this estate plan since I didn’t get to use it!”. Thankfully, you haven’t used yours either.

Life changes. The laws change. Relationships change. Estate plans need to change to reflect your current wishes.

OUR CHECKLIST OF QUESTIONS/DECISIONS INCLUDE:

Who will make financial decisions for you if you can’t? A Power of Attorney for Property is a relatively simple document in which you name people to help you. Who will make your healthcare decisions if you can’t? A Power of Attorney for Health care identifies the powers you assign to someone who will make decisions when you cannot. Wills direct the distribution of property (personal and financial) at death under the direction of a named executor or executrix. Beneficiary designations direct the distributions from retirement plans, life insurance, annuities, IRA’s, etc. Living trusts provide instructions for your care, if living, and distributions of assets at death. Trusts involve naming of trustees to act on your behalf if you are not able.

Our role in the process is to explain the possible solutions that the legal documents provide, the choices you have, and the tax, personal, and financial implications of your choices. We have done this for decades and find it to be incredibly rewarding because of the relief our clients experience, and, also, the benefits to our clients’ families.