Opportunity
One client, a senior corporate executive with more than $1 million in retirement plan assets, had those retirement assets spread among a traditional IRA, 401(k), ROTH IRA, and corporate pension plan. He wanted to know when he could retire, whether he had saved enough, and what accounts he should use for income distribution.
Solution
After collecting all the details on his accounts and post-retirement aspirations, we created a customized financial plan. This living document became his financial roadmap. The plan estimated expenses and income and showed him the potential growth of investments with varying degrees of risk, including the impact of inflation and taxes over time.
Outcome
Our corporate professional now has what he wanted: a financial plan for life after work and the reassurance he could reach his post-retirement aspirations.
Next Steps
Learn how Greenwood Capital’s comprehensive and personal approach can help you achieve your unique wealth goals, pre- and post-retirement.
Will your money last? While there are many factors you cannot influence, there are five things you can control. We call these the Five Levers. Plan your retirement by answering these questions and adjusting these levers to account for your priorities and goals. By creating a solid financial plan, you will be able to have peace of mind as you approach retirement, and the flexibility to adjust for changes as they come Learn more about how to set yourself up for success by downloading our guide: The Five Levers of Retirement Planning.
The Five Levers of Retirement Planning
Every investor has a unique story. Your challenges and results may differ. If you would like to request a consultation meeting to discuss your situation with one of our consultants, you may request a meeting here.
This example is inspired by real client scenarios; however, personal details and specific circumstances have been altered to protect client privacy. These examples are for illustrative purposes only and should not be viewed as testimonials or endorsements of our services. Recommendations were tailored to each client’s unique circumstances based on personal information gathered at the time. Due to varying circumstances, the individuals referenced may no longer be clients. Clients are not required to implement recommendations: outcomes will vary based on individual circumstances and whether recommendations are followed.
Brian L. Disher
CFP®
Director of Wealth Management
William M. Coxe, Jr.
CRPC™
Private Client Advisor
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