Retirement planning for conservative patriots and people of faith.
When it comes to retirement, the best plan is yours!
Retirement Income Planning - Financial Advisor - Chambersburg - Central Pennsylvania
Benefits of a Personalized Retirement Plan
Selecting a retirement income strategy that best fits your preferences and lifestyle is not an easy task.
While there are many credible strategies available, sorting through them can be frustrating and exhausting. As a result, you may have sought professional advice, but the way recommendations have traditionally been provided is flawed.
Normally, financial advisors only take the time to learn so much about you. Often focusing on little more than your counts and amounts. As a result, they recommend the strategies they feel most comfortable with or are licensed to provide, with little consideration for how you personally prefer to generate your retirement income.
Our Personalized Retirement Planning™ process, on the other hand, identifies retirement income solutions based entirely on your unique preferences. From there, we provide you with a range of options and choose what’s best for you. Here’s a little about how it works and why it’s better.
The Problem with Traditional Retirement Planning
At the beginning of your financial journey, before you set up your portfolio, you may have taken a risk-tolerance questionnaire that led to a specific investment recommendation.
This probably worked well where you were still primarily concerned with growing your retirement nest egg, but it really doesn’t address how you want to source your retirement income once you move out of the accumulation phase and begin to transition into retirement.
Investing for retirement is different and requires consideration for a whole new set of challenges and risks. Once you retire, you no longer have the luxury of simply waiting out bad economic conditions like you did when you were still working. These new retirement risks include retiring into a significant market downturn, outliving your retirement savings, dealing with possible declining health and cognitive abilities, and managing unexpected spending shocks.
While finding retirement income strategies that account for these risks is attainable, it can often be confusing and exhausting. In addition, they may not align well with your particular preferences.
The way these old-school strategies are typically recommended, with little to no consideration for your unique retirement style, can lead to bad outcomes. Failing to address your personal preferences can result in strategies that aren’t properly implemented or followed. This, in turn, often leads to costly and constant revisions of your retirement plan.
For a plan to work over the long haul, you must feel comfortable with it. It can’t just come from a financial professional or investment guru without consideration for your personal tastes. Forcing you into the “wrong” strategy is a disaster waiting to happen.
That’s why we created our Personalized Retirement Planning™ process that matches your preferences and styles – your retirement personality – to the retirement income strategy best suited for you.
Our Retirement Income Style Analysis® - RISA® for short – solves the problem of scattershot retirement planning. Through a series of user-friendly questions, it zeroes in on your unique retirement personality to generate custom-tailored retirement income solutions. It’s designed to improve the quality of the advice we provide beyond traditional a traditional accumulation-focused portfolio that’s guided by very limited risk-tolerance questions. Instead, the RISA® measures a variety of factors related to how you’d like to source your retirement income.
Your Retirement Has a Personality
What’s your retirement personality?
Find out by getting your free Retirement Income Style Analysis®
How We Can Help
Standalone Financial Planning
Our standalone financial planning service will address your baseline retirement income planning needs without a requirement for ongoing investment management services.
Comprehensive Wealth Management
Our comprehensive wealth management service includes advanced planning, investment management, progress monitoring, ongoing advice, and plan implementation.
Meet Your Financial Advisor
“The objective of a solid retirement plan is not just to make it to the top of the mountain by achieving a wealth accumulation target, but to make it down the mountain safely by having a plan to turn those assets into a stream of reliable income.” - Michael Peterson, CFP®
