Retirement Planning

While accumulating your nest egg towards retirement, you are facing many challenges, including the primary risks of market volatility and inflation. Stepping into that next big life stage of retirement, you will be facing additional risks and challenges, such as longevity, rising healthcare costs, and the ability to leave a legacy behind.

When transitioning from the asset accumulation stage to the asset distribution stage, it is important to be mindful of how these various risks could jeopardize your desired retirement lifestyle.

High Valley Financial Planning Services takes the following steps to develop your retirement plan, whether you are already in retirement or transitioning into retirement:

  • We first listen to your vision of your desired lifestyle during retirement, from which we arrive an approximate spending target.
  • We take into consideration other moving elements such as potential healthcare costs, life expectancy, and taxation.
  • We then take an inventory of your available resources and where they are invested and run a projection. We use a Monte Carlo simulation to see the probability of achieving your goal.
  • We will then make a recommendation based on your preferences to adjust components of the plan such as retirement age, spending, asset allocation, etc.
  • Iterations will be run until the most desirable outcome and high probability of success is reached.
  • We will execute the plan by separating your retirement assets into separate buckets of “Distribute now”, “Distribute later”, and “Distribute much later”. An investment strategy for each bucket is designed based on time frame and distribution requirement. This will allow a portion of your assets to continue to grow to help cover inflation and longevity risks.
  • Review at least annually, or when major life events occur, and adjust accordingly.

Registered Representative, Securities and Investment Advisory Services offered through Cambridge Investment Research, Inc., a Broker/Dealer, member FINRA/SIPC to residents of CA and WA. Investment Advisor Representative, Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. High Valley Financial Planning Services and Cambridge Investment Research, Inc. are not affiliated. Check out my background on FINRA's BrokerCheck.