Where Are You On Your Route To Retirement?
We develop a comprehensive financial plan for a set fee ($750 with annual update for $250). This would ideally be done for young, growing families. Or people that are in their 50s, kids are grown, and they are saving a lot for the first time in their life. But most of the plans we have done are for people near retirement. And so, if you are 65 years old and ready to retire, your savings plan is what it is. You are now pretty much in the spending plan phase!
This plan is pretty much a retirement budget with focus on investment returns, inflation assumptions, longevity, etc. We charge the same $750 fee (and $250 update) for this plan. At this point the client might be interested in our investment product (Protected Growth Portfolio™). If they are and invest with us in the future, we refund their planning fees.