The answer is, it depends. We take a holistic approach to understand your family's expenses and what your retirement costs would look like, taking into account travel, health care, and daily living expenses. This distribution varies depending on taxes and where you live. Once we understand where you are today and what your goals are, we will then be able to give you more concrete answers for the future.

We always maintain a disciplined approach to asset allocation and scheduled, consistent rebalancing.* Decisions are made by carefully understanding and matching a client's goals, time horizon, and distribution schedule to the portfolio that most closely aligns with those.

*Asset allocation, diversification and rebalancing do not guarantee a profit or protection against loss.

We model these situations to determine whether your goal, the assets allocated to this goal, and the taxation of this account are all in line with your personal philosophy for college for your children. As for private schools, there are many ways to plan for this and an analysis of your specific situation would be necessary to make a recommendation.

Life insurance is the foundation of any risk management strategy. Depending on what your income and/or your spouse's income is, what you have saved in an emergency fund, intermediate goal funds, long term retirement funds, what debt you have, and what your annual expenses are, there is a way to determine if you have enough or too much life insurance.

Leverage is a way to help maximize the use of your money. Depending on where interest rates are and the rate of return on your portfolio we can discuss strategies to make the most of your investments. For legacy purposes, we can design plans where you may be able to maximize a gift, an inheritance, or a donation using a leveraging strategy and planning your gifting amount each year.

Unfortunately, we may have all had a family member who has had to endure a long-term care situation, or we may have even been a caregiver. Planning for this, we may be able to save our children and grandchildren from making decisions that could negatively affect taxes and/or reduce wealth significantly. We design plans that consider the amount of wealth you have and provide you with strategies designed to give you flexibility related to premiums, inflation protection, appropriate care needs, along with providing a legacy.