Menu

Financial Planning

Comprehensive and personalized

“The financial planning work we do helps you visualize your desired future and then clearly see what you need to do to achieve it.”

-David Watts, Co-Founder

Investments are only a small part of your financial life.  To achieve your goals, you need comprehensive financial planning to help you clarify your objectives, then create a road map to achieve them.

Our financial planning work is comprehensive and personalized.  So it’s not a quick computer model that many firms provide.  Instead, we create a detailed, customized financial plan for you.

What does this comprehensive financial plan do for you?

The financial plan will help you answer these key questions:

  • When can I retire?
  • How much should I be saving every month to achieve my goals?
  • How can I pay less in taxes?
  • How can I pass on my wealth to heirs most tax-efficiently?
  • How can I protect my assets from creditors?
  • How can I pay for health care and long term care costs in retirement?
  • How can I save for college?

Critical Work, Included In Your Fee

At Watts Gwilliam & Company, our financial planning process is very personal.  We’ll have long conversations with you to make sure we understand what you want in life.  Then we’ll work closely with you to identify strategies and help you understand your options.  Once you’ve reviewed your options and decided, we’ll help you implement your chosen strategies.

Over time, we’ll cover all these different areas, and possibly more, depending upon your needs:

Retirement Planning and Lifetime Income Needs

Retirement planning today is complicated by increased life expectancy and low-interest rates.  We know you’re concerned about how long your money will last since you want to make sure you can live a comfortable life.  We will work with you to analyze your situation and stress test it under many different scenarios.

We’ll also work with you to create a bucket strategy, which can help simplify your life in retirement.  This strategy will ensure that you’ve got plenty of money in short term, liquid assets so you can weather any stock market volatility.  This approach can help you feel more confident about spending in retirement.

Health Care Needs

With health costs in the U.S. rising faster than inflation, you need a plan to ensure you’re able to afford the care you need.  We’ll work with you to find the best strategy for managing those costs in retirement.  That includes care for chronic illness as well as long term care planning.

Estate Planning

You’ve worked hard to get where you are, so you want to make sure you can pass your wealth on to your heirs tax-efficiently.  We will work with you to help define your goals and develop a strategy. Then we’ll coordinate with your attorney to get it all in place.

Social Security Strategies

While social security payments may require some cuts in the future, it’s still a viable source of income.  We will work with you to analyze your filing options so you can maximize your result.

Employer-Sponsored Retirement Plans and IRAs

We’ll help you review existing accounts to make sure they are invested appropriately and rebalanced periodically.  If you need to roll over an account to an IRA, we’re available to help you handle that efficiently and in accordance with regulations.

Investments are only a small part of your financial life.  To achieve your goals, you need comprehensive financial planning to help you clarify your objectives, then create a road map to achieve them.

Download our Free ebook: How to Recession-Proof Your Life

Four Tips to Help You Weather Any Financial Storm