Managing risk goes beyond investments—it includes personal risks and understanding how these risks may affect the outcome of your goals is crucial for creating a comprehensive financial plan with strategies that can adapt to your dynamic circumstances.
Advancements in healthcare and improved living standards have substantially increased life expectancy. With longer life expectancy, your retirement savings need to last longer to fund cashflows further into the future. We plan conservatively to ensure you don’t outlive your assets.
Inflation reduces purchasing power over time. It can have a significant effect on after-tax cashflows available to meet your lifestyle needs. We model different inflation scenarios and use strategies to combat it's effects so you can maintain your lifestyle in retirement.
Establishing and maintaining emergency funds is a foundational principle in retirement planning. Even the best lived life can end up needing to deal with an emergency that requires substantial funds.
An emergency fund serves as a financial safety net, providing individuals with the means to address unexpected expenses or a reduction in cashflow due to health challenges or other factors, without derailing their long-term financial goals. The size of emergency fund varies based on individual circumstances, with factors such as health, homeownership, and family obligations. Having a clear understanding of potential emergency scenarios aids in setting realistic savings goals.