Client Background
An older client worried they couldn’t retire at their desired lifestyle due to limited savings and a short runway to retirement.
Challenge
The client’s savings and expected returns were insufficient to fund their retirement lifestyle. They needed to adjust key variables—savings rate, retirement age, or lifestyle expectations—to achieve their goals.
Solution
We performed a retirement analysis to evaluate their assets, liabilities, income, and expenses. We identified actionable variables: increasing savings, delaying retirement, or reducing retirement expenses. Together, we prioritized delaying retirement by a few years and boosting savings, balancing their current lifestyle with future security.
Results
By adjusting their retirement timeline and savings rate, the client significantly improved their retirement outlook. The clear plan provided confidence, and our annual monitoring ensured they remained on track, adapting to any changes in their circumstances.
Are you unsure which retirement variables to adjust? Contact Michael Brady for a personalized consultation to discuss how your wealth can align with purpose and possibility.