Broker Check

Retirement Planning

It seems there is an urgency people experience in the years immediately preceding and following the decision to retire - the need to look reality straight in the eye and get "ducks in a row". It can be a little intimidating, confronting basic issues such as how much can I spend, how will my income hold up, and all the "what ifs" concerning health, an uncertain economy, and the needs of other family members.

Because these issues are so personal to you, there's something a little cold about a financial plan filled with numbers and fancy charts if you aren't invested in the process, or if you don't feel that your advisor "gets" what your issues really are and why you care about them.

Today's advanced wealth planning tools can give you not just a projection, but a range of possible outcomes encompassing numerous financial scenarios and variables that are personal to you. That's a wonderful thing, and potentially very useful - but also potentially useless. I believe the difference lies in frank and sometimes lengthy discussions, and some significant legwork, by you and by me, to help make sure we have an accurate and disciplined picture of your current situation and that I understand what you want your financial plan to accomplish for you.

With a retirement financial plan in place, you can have answers to questions such as these:

  • When can I retire with confidence?
  • How and when should I or my spouse take Social Security?
  • How much can I afford to spend?
  • If I die, will my loved ones have what they need?
  • What are my preferences when I need long-term care? What support will I require when my spouse needs it?
  • How can I help preserve assets for my heirs or transfer assets to them?

I will strive to do my best to make this process comfortable, transparent, even a little fun, and ultimately USEFUL as you go forward into the unknown future.

(Note to the under-50 crowd: You don't have to be on the verge of retirement to benefit from financial planning! In fact, the sooner you start, the better. You just have to have serious financial goals and the willingness to work on understanding what it takes to help make them reality.)

I can work closely with your tax and legal professionals, when applicable, to help ensure that the various aspects of your planning are coordinated.

To get those "ducks in a row", you can start the process right here: [email protected]


Waddell & Reed offers financial planning services in its capacity as a Registered Investment Adviser. For more information request a copy of the Waddell & Reed, Inc. Financial Planning Advisory Services Brochure for a complete discussion of these services and the fees associated with them.

05/18