John and Marsha Smith
Ages 67 and 64
Top Retirement Goal: To utilize their assets, in combination with Social Security, to replace their paychecks from work.
The Smiths came to us with over 10 different investment accounts. We helped them consolidate down to three, and designed a comprehensive investment strategy with the primary objectives of funding their monthly spending needs and preserving their wealth.
Faced with the difficult decision of when to take Social Security, the Smiths were unsure of what action to take. We provided guidance on when the optimal time to file was based upon their particular life goals and needs.
We regularly meet with the Smiths to revisit their assets, spending, portfolio, and legacy. We understand how dynamic life can be, and we work alongside the Smiths to make the appropriate changes.
With a spending goal of $10,000/month, the Smiths were uncertain of how to fund this amount. We created a distribution plan that included safe withdrawal rates from their assets, in combination with their other income sources.
The Smiths reside in a state where probate is expensive, and challenging to navigate. We ensured all accounts were titled properly and their Trusts and Wills updated appropriately - to avoid probate and safely facilitate the transfer of their wealth in accordance with their wishes.
The Smiths feel confident in the guidance BTGRP provides. Knowing their assets are professionally-managed, and their spending plan is routinely analyzed for success, they are able to enjoy the retirement they dreamed of without worry.