Mitch & Debbie are feeling like they could use some advice. They have a lot of decisions to make and could use an outside perspective.
They both want to retire in the next 5-10 years and aren’t sure if they are on track. They know they need to max out their 401K plans at work, but what else should they be doing to maximize their retirement game plan?
They have a stock broker but he’s never developed the type of road map they need to feel secure about their retirement. What kind of monthly income will they have, where will it come from, how dependent will it be on the stock market?
What about social security, should they take it now, wait as long as possible, or something in between?
And Debbie has a pension from her former employer, how will that impact things?
Mitch & Debbie could benefit from Summit’s Managed Retirement Program. This program will address of these concerns and more as it also includes a review & strategy plan around tax planning, estate planning, and charitable planning.
The initial fee for this program ranges from $2,500 to $5,000, depending upon how complex a person’s financial situation is.
A typical client in this program will have around $1M of investable assets which the firm will help manage through their independent custodian, Charles Schwab.
And as long as they maintain at least $500,000 in managed assets with the firm, Summit will waive the Managed Retirement Program planning fee in years 2 and beyond
Summit Wealth & Retirement Partners is a financial planning firm in Downtown Danville, CA. Partnering with Charles Schwab, we've provided financial advice to The San Francisco East Bay for over 30 years and we'll be here in 30 more when your children and grandchildren have their own questions.
We help our clients by creating & executing custom wealth management plans that cover their entire finacial ecosystem: Retirement planning, investment strategy & management, integrated tax planning, estate planning & other multi-generational wealth transfers, as well as optimziing their charitable giving for both them and their cause(s).