Facing the Unexpected
An honest, devoted partner to help you navigate your finances
BARBARA'S CONCERNS
& OBJECTIVES
How will Barbara solve her retirement income needs while battling cancer?
- After being hospitalized with Ovarian cancer, Barbara was concerned that her impaired health could jeopardize her financial stability. Barbara needed to understand and stabilize her financial status.
- How could Barbara’s retirement plans from her former employers, be coordinated for the best results? What options does Barbara have regarding those retirement plans?
- What does Barbara do with the income property that was under-performing and not generating enough income for her?
BARBARA'S
SOLUTIONS
- A thorough understanding of Barbara’s current needs, concerns and aspirations were discussed and documented. Her financial priorities were established.
- A cash flow analysis and financial plan projection was developed. The plan was tested to illustrate a successful scenario for Barbara’s retirement. An analysis was performed on Barbara’s retirement plans and a plan was established to efficiently use the money in those plans to provide a sufficient retirement income for Barbara.
- Barbara was charging below market rates for the income property and raised the rent to prevailing rates giving her more income for her retirement.
BARBARA'S
RESULTS
- Barbara was relieved to learn that her financial situation was tested and that she could retire with enough income to live comfortably as she always dreamed about.
- By addressing Barbara’s financial concerns, she was able to focus her efforts on her health situation and was less burdened with having to worry about outliving her money.
- Barbara felt more in control of her income producing property now that she was getting prevailing market rent income.
VIEW OTHER
CLIENT SUCCESS STORIES
Your priorities and interests first,
always.
On the heels of a recent retirement, Ann lost her husband. She was also in possession of an inheritance from her parents, but Ann felt uncertain about what to do next.
Barbara was recently retired and single when she was diagnosed with cancer. She was also an owner of income-producing property which she depended upon to maintain her lifestyle.
Wendy was ending her 40-year career and needed direction around retirement and whether she would have enough money when she did officially retire.