We believe there are three essential steps to retirement planning and most importantly they must be taken in order:
1. Client and advisor determine the client’s objectives and tolerance for risk through an in-depth interview process.
2. Our advisors will compare the client's objectives with the current portfolio and other assets.
3. Client and advisor explore, agree upon and execute any needed changes.
To drive this retirement planning process, DSI Wealth Management has created a custom retirement assessment which asks targeted questions regarding retirement and cash flow planning for the years after the maximum earning period of one’s life. Topics for the analysis include current knowledge of investments, current and potential health issues and existing plans for distribution.
Our advisors will look at the results of your risk tolerance assessment and goals as well as current state and federal tax implications on current holdings and create a detailed plan of action to work towards helping reduce current and future taxes, help increase potential returns and help reduce the risk of outliving retirement funds.
*DSI Wealth Management and LPL Financial do not provide legal advice or services. Please consult your legal advisor regarding your specific situation.