36 40
WHAT IS IMPORTANT TO SHAUN & TINA?
Protecting the
nest egg
Same lifestyle
in retirement
Leaving a
meaningful legacy
✔ Essentials: $57,000
✔ Discretionary: $32,000
TOTAL: $89,000
Non-Investment Assets
✔ Primary Residence: $380,000
Investment Assets
✔ Shaun’s Retirement Accounts: $1,235,000
✔ Tina’s Retirement Accounts: $280,000
✔ Shaun & Tina’s Taxable Accounts: $401,000
✔ Cash & Checking: $85,000
Total Investment Assets $2,001,000
Total Assets: $2,381,000
Liabilities: -$10,000
Net Worth: $2,371,000
SHAUN & TINA’S FINANCIAL PLAN CHALLENGES
Goal Strategy
We begun an open dialogue with successors to educate them based on their
desires. In addition, we focused on what is important and had them begin to
Educating Heirs bring ideas to the table each year during a financial governance meeting that
included their CPA and us.
Leaving behind a Introduced them to an estate planning attorney to create a trust tailored to their
wishes. This included heirs under 35 only having access to assets for education
meaningful legacy and creating a gifting strategy within their estate to their favorite charities.
Firstly, we encouraged them to clarify and define family values and purpose by
Instilling the right setting rationale expectations and creating accountability. Lastly, we explained
to them the importance of leading by example. For example, volunteering time
values in their heirs into non-profits and not just money. Sweat equity is underrated but extremely
important to mirror to future generations what a good steward looks like.
Disclosures:
1. Bonds are subject to market and interest rate risk if sold prior to maturity. Bond
values will decline as interest rates rise and bonds are subject to availability and
change in price.
2. The payment of dividend is not guaranteed. Companies may reduce or eliminate the
payment of dividends at any given time.
3. Fixed annuities are long-term investment vehicles for retirement purposes. Gains
from tax-deferred investments are taxable as ordinary income upon withdrawal.
Guarantees are based on the claims paying ability of the issuing company.
Withdrawals made prior to age 59 1/2 are subject to a 10% IRS penalty tax and
surrender charges may apply.
(858) 487-3939
We’re happy to speak with you.