Retirement Planning

Per­sonal Retire­ment Plan­ning

Retire­ment plan­ning con­sists of deter­min­ing how much you need to save before retire­ment, how much income you will need to sus­tain your desired lifestyle, how much you can spend dur­ing retire­ment and man­ag­ing risk all along the way.

How Much Do You Need to Save?

If you are in the mid­dle of your career, sav­ing enough money and invest­ing wisely are key con­cerns. To address these con­cerns, we offer finan­cial plan­ning ser­vices to chart the course and invest­ment man­age­ment to exe­cute your strategy.

How Much Can You Spend in Retire­ment?

As you get closer to retire­ment, lim­it­ing mar­ket risk and accu­rately pro­ject­ing the amount of income you will have dur­ing retire­ment become plan­ning pri­or­i­ties. Finan­cial plan­ning is the process of devel­op­ing a strate­gic plan. Exe­cut­ing the plan through our invest­ment man­age­ment ser­vices can help you achieve your desired result. We use sophis­ti­cated plan­ning soft­ware and prob­a­bil­ity analy­sis (Monte Carlo Sim­u­la­tion) to deter­mine the like­li­hood that you will reach your objec­tives and to eval­u­ate alter­nate sav­ings, spend­ing and invest­ment sce­nar­ios. This helps us man­age your port­fo­lio so that you are not exposed to more risk than is nec­es­sary to achieve your objectives.

Man­ag­ing Risk

Risk-reduction is crit­i­cal to pro­tect­ing income. We uti­lize a num­ber of risk-reduction techniques:

* Active management—assessing the mar­kets to con­trol expo­sure to equity or inter­est rate risk
* Use of covari­ant asset classes (out-of-phase assets) to lower volatil­ity by effec­tive diversification
* Estab­lish­ment of loss lim­its in the event of sus­tained bear mar­ket conditions
* Cre­ation of lad­dered bond port­fo­lios to iso­late income assets from more volatile growth assets
* Use of option strategies—collars, puts, and calls—at the option of the client

For more infor­ma­tion, see our Invest­ment Process.