2022 has been a tough year for anyone thinking about a near-term retirement. Though you may have visions of volunteering, diving into new hobbies, playing golf every day, or simply owning your own time to do whatever you want, you still need to be able to AFFORD the expenses that come with all of it.
We at D&A take retirement very seriously and provide full investment retirement plans with industry-leading software to help ease the financial decision-making process.
We help you identify your projected basic expenses in retirement and plan for other financial goals like travel and major purchases. On the income side we help you decide on your social security claiming strategy and model out other sources of income like part-time work and pensions. Finally, we take a look at your investment portfolio and help ensure that it has the appropriate risk profile to match your risk tolerance and need for return.
After everything is thought through, we run 1,000 different investment scenarios to calculate your “probability of success”, i.e., the probability that you will have enough income and investments to fund all of your expenses and goals through to your end of plan.
For more information on our investment retirement planning, please take a look at this link to our 5-minute video (here) where I walk through a sample case.