“If you fail to plan, you are planning to fail.” - Benjamin Franklin
Am I optimizing my tax situation?
Do I have enough money to retire?
What is my best strategy to pay for college and protect my retirement?
Do I need protection against a loss in income?
Should I collect Social Security at age 62?
Is my Medicare insurance adequate?
Our "Personal CFO" service will help you integrate college and retirement planning into one strategy. We will guide you in determining your best strategy to save and pay for college so you can protect your assets and income for retirement. As you near or transition to retirement we will help with Social Security claiming strategies, choosing the appropriate Medicare coverage, determining if you have enough money to retire and optimizing your retirement income.
- Get Organized
In order to keep your plan on track we believe in ongoing communication, education and collaboration. We will develop a custom communication schedule in order to capture any life changes and provide any necessary planning updates. Your "Personal Wealth Portal" will serve as an easy way to track and manage your accounts and important documents in one convenient and secure location.
We will continually stay on top of changes to the tax code, Social Security, mortgage rates and other financial barometers to determine where you might be at risk or how you might benefit. We will also collaborate with other professionals such as your CPA, estate attorney and property and casualty agent to ensure optimal coordination on plan decisions. The ultimate goal of Tushingham Wealth Strategies is to serve as your "Personal CFO" and fiduciary so you can live your ideal life worry free.
Personal CFO Service Fee
The Personal CFO Service will be provided on a fixed fee basis. Fixed fees will be determined on a case by case basis with the fee based on the complexity of the situation and the needs of the client. The fixed fee will be agreed upon before the start of any work and can range between $450.00, for limited services like college planning and social security planning, and $5,000.00 for more encompassing services.
If you are looking to develop a strategy to pay for college, an income sustainability plan or for a single go-to fiduciary advisor to oversee every moving part of your financial life then please contact us for a free consultation.
Learn how Tushingham Wealth Strategies can add value by creating a personalized plan of action.