Retirement and financial planning services.

You probably need a plan for your wealth and your future.

You can’t get to your destination if you don’t have a map. That’s true generally, but it also works as a metaphor for your financial life.

When we sit down with you, we ask, “Where do you want to go?” That’s the most important question we ask. It tells us where you are in your life: are you trying to accumulate wealth, or distribute it throughout retirement? It tells us your risk tolerances.

Once we know your goals and what state your finances are in, we can help create a retirement plan and present recommendations. There’s rarely one way to get from Point A to Point B. We provide the pros and cons of scenarios, and you make the final decision on what we put into practice, together.

We don’t disappear. Once we have your plan, we’ll continue to help you stick to it, and if the need arises, we’ll help you reevaluate. We’re an independent firm, which means you’re never alone.

At the same time, you might need help to execute a plan. We think investing advice still means something to clients, and we personally believe advisers add value to plans and portfolios. Nothing can protect an individual completely from market volatility, but we align portfolios with risk tolerances so clients are comfortable with their choices. It’s all about listening, planning, executing, and monitoring the plan.

Research¹ has found that combining assets and allowing individual securities to generate alpha is the best way to maximize returns across levels of risk. Assets fall under broad categories such as stocks, bonds, and cash equivalents or money markets, and could also include property or real estate, commodities, futures, and cryptocurrencies, to name a few.² Once we understand a situation, we can build a plan using different asset classes, instruments, products and services. What we recommend depends on each client’s individual needs. There is no one-size-fits-all approach in wealth management.

1. Markowitz, 1952; Sharpe, 1964; Brinson, Hood & Beebower, 1986; Brinson, Singer & Beebower, 1991; Ibbotson & Kaplan, 2000.
2. Akhilesh Ganti, “Asset Class Definition,” Investopedia, accessed February 27, 2020, https://www.investopedia.com/terms/a/assetclasses.asp.

Investing involves risk, including possible loss of principal. Diversification does not ensure a profit or guarantee against loss.

Are you sure you won’t outlive your income in retirement?

No two careers follow the same trajectory, so no two retirements are quite the same. Everyone has different goals, needs, and strategies. We take the time to listen and formulate a plan that takes you from the accumulation phase of your life to the distribution phase.

Historical statistics, dated: a 2016 MarketWatch article¹ (read by the old Luparius site in 2019) reported that 43% of Americans named outliving their money as their number one retirement fear, rising to 60% among Baby Boomers, and that people in their 50s had saved an average of $117,000. It also cited experts suggesting a “healthy” retirement account might be about six times current salary. These figures are historical and should not be read as current data. The concept holds, though: the gap between what people fear and what they have saved is worth a conversation. Try the retirement income calculator and the sequence of returns estimator.

Whatever your plan and retirement goals, we can help you put together a retirement income plan. We’re ready to listen and lend our experience.

1. Catey Hill, “Older People Fear This More than Death,” MarketWatch, 2016-07-18, accessed July 24, 2019, https://www.marketwatch.com/story/older-people-fear-this-more-than-death-2016-07-18.

Plan to leave a legacy you’re proud of.

Legacy planning can be an emotional and complex series of decisions. Whether you want to leave assets to heirs or charity, or develop a succession plan for your business, we can help you design a strategy that lets you share your life’s successes while leaving a legacy for those you love.

You don’t need to be wealthy to use some legacy planning options. Trust funds, for example, are not only for the super-rich. It helps to get comfortable with terms like Power of Attorney, Payable on Death (POD), Transfer on Death (TOD), and Next of Kin. Because estate rules are complicated, you might need estate planners and attorneys to help you navigate them. Luparius does not provide legal advice or prepare legal documents.

Call us to ask how we could help with your estate planning needs.

1. “Estate Planning,” Investopedia, accessed February 27, 2020, https://www.investopedia.com/estate-planning-4427729.

Are you protecting the things that matter most to you?

Insurance is a term people often use but don’t always understand. An insurance policy is a contract in which an individual or corporation receives a promise of reimbursement against possible losses in exchange for a premium. Insurers pool risk this way, so when a claim is paid the company is still bringing in revenue.¹

There are several types. Some, like life insurance, are straightforward, yet even there you weigh things like term versus whole life. Others, such as fixed indexed annuity contracts, may need more explanation. You can insure a car, home, boat, or business, and also long-term care in retirement, business liability, professional disability, and Medicare gap coverage.

People often call insurance “protection,” but it’s really risk mitigation. Nothing can protect you from risk. However, a thoughtful, proactive insurance plan, as part of a comprehensive financial plan, may leave you with more options than you would have had without it. Try the life insurance needs estimator.

1. “Insurance: The Complete Guide,” Investopedia, accessed February 27, 2020, https://www.investopedia.com/insurance-4427716.

Specific areas you can ask about.