Phase III: “The Pinnacle” – Financial Security (Retirement) Phase

Financial Security means something different for everyone. Those in Phase III typically contend with:

• Determining whether this phase of life entails working full-time, part-time or not at all
• The “staging” of your portfolio to focus more on cash flow generation and principal protection
• Reviewing all insurance coverage to determine the necessity of it, as well as the appropriate level for each type
• Deciding whether to downsize your current home and the potential purchase of one or more retirement homes
• Developing strategies to help clients maximize the Social Security benefits they receive over their lifetime
• Considering the benefits of trusts and whether charity will play a role in your estate plan