It all begins with a plan. We have decades of experience tailoring retirement plans to the specific needs of you and your family. We'll explore your income and spending, both in the first few years of retirement and through a much longer-term lens. We will use sophisticated software to help determine safe withdrawal strategies, starting with your basic retirement needs and anticipating the effects of rising healthcare costs, Social Security benefits, and Required Minimum Distributions. This baseline plan is updated as needed, and frequent review calls with your financial planner and investment advisor keep everyone on the same page.
Next, we layer on extraordinary spending and help set parameters for travel expenses, gifting to family, or charitable giving so you can enjoy your retirement without jeopardizing the financial freedom you’ve worked a lifetime to build. As income, market returns, and expenses change, your team at Barry Investment Advisors will update your plan to address these changes. This entire process ensures that your plan is relevant, fresh, and ready to address the many unforeseen circumstances that life can provide. A budget isn’t meant to limit your financial freedom, it’s meant to ensure you can enjoy this freedom for years to come.
Finally, we address needs that may arise if you are unable to communicate your wishes to those around you. We work with your tax preparer, attorney, and other professionals to ensure that your objectives are met and your legacy is passed on in a timely and intentional manner. This can be a difficult topic to discuss, but one that is critical to ensuring your life’s work is passed on to the people that matter most in your life.
