Retirement Programming Is Customized

At ProPath Financial, we provide comprehensive financial planning and asset management as a bundle. In the same way a triathlete, marathoner, swimmer, explorer, weightlifter, or crossfitter will have detailed coaching programs to achieve their goals, we do the same but for your retirement.

Your main competition in retirement is execution. The execution works through two retirement crises right now.
1. Not having enough money to keep the active lifestyle you want. Traveling, competing, playing, training, enjoying, living.
2. You have too much and don't know how to spend it.

Just like an athlete doesn't want to build their own training program, they will hire a coach so they can focus on being the best athlete they can be. Families hire me to build their custom retirement program so that they can just focus on living the life they want and executing on that alone.
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To do this, you will get strategies around asset accumulation, income distribution, social security planning, precision goal-setting, and retirement planning. Attacking these areas of opportunity will help ensure you don't outlive your money.

We are proud to coach you through our Retirement Programming process, where we develop actionable steps to achieve your specific goals and needs.

It is also important to note that because we hold honesty, simplicity, and effort above all else, we do not sell any unnecessary products, and we maintain a clear and concise fee schedule. If you’re interested, you can see our transparency on display through our Pricing page.

👇🏼Click Through Some Major Planning Areas👇🏼

Retirement income: Let’s Spend Your Money

Your retirement years should be filled with joy, relaxation, and the freedom to pursue your passions. But to make the most of this golden phase of life, it's crucial to have a solid retirement income plan in place.

Retirement income planning is all about ensuring a steady and sustainable income during your retirement years. It's like having a playbook that outlines how you'll maintain your desired lifestyle without worrying about money. By strategically managing your financial resources, retirement income planning helps you stay on top of your finances and enjoy the retirement you deserve.

One key aspect of retirement income planning is addressing longevity risk. With advancements in healthcare and longer life expectancies, the risk of outliving your savings is a real concern. That's why it's essential to plan for the long haul and protect yourself against this potential challenge.

Tax Planning: Keep More, Increase Performance

Tax planning is the secret weapon to maximize your wealth and minimize your tax burden. By strategically managing your taxes throughout your lifetime, you can make smart financial decisions while reducing the amount you owe.

The goal of tax planning is two-fold: first, to reduce taxes over your lifetime, and second, to make good tax decisions along the way. By timing your income strategically, utilizing tax-advantaged accounts, maximizing deductions and credits, and implementing efficient investment strategies, you can minimize your tax liability and keep more of your hard-earned money.

Paying taxes is unavoidable. I mean, I am not trying to land you in prison. However, paying less taxes over your lifetime is the ultimate goal. It just takes some planning, strategy, and implementation. That is what I help with.

Investments: Tax-Efficient Retirement Fuel

A well-planned long-term investment strategy is your roadmap to financial success. By focusing on the bigger picture and embracing patience, you can benefit from compounding and ride out market fluctuations. With a long-term approach, your investments have the potential to grow exponentially over time.

Additionally, a solid strategy allows for diversification, managing risk, and increasing your chances of consistent returns. Let us help you create a strong investment strategy tailored to your goals, ensuring a path to long-term financial prosperity.

Social Security Timing: Unlock Your Guarantee

When it comes to Social Security, timing is everything. The decisions you make around when to start receiving benefits can have a profound impact on your financial well-being, potentially amounting to tens of thousands of dollars over your lifetime.

Understanding the intricacies of Social Security and optimizing its timing is crucial. Starting benefits early may provide immediate income but can result in reduced monthly payments over the long run. On the other hand, delaying benefits can lead to higher monthly payments, maximizing your lifetime benefits.

Making the right decision requires careful consideration of factors such as your financial needs, life expectancy, and overall retirement strategy.

Insurance Optimization: Protect from the Unexpected

Optimizing your insurance coverage is essential for safeguarding your financial future. By carefully selecting and tailoring your insurance policies, you can protect yourself and your loved ones from unexpected events.

Life insurance provides a financial safety net for your family in the event of your passing. It ensures that they are taken care of financially, covering expenses and replacing lost income.

Long-term care insurance is crucial for protecting your assets and relieving the financial burden associated with extended care services that may not be covered by health insurance.

Disability insurance safeguards your income if you become unable to work due to illness or injury. It provides a source of income to support you during challenging times.

Property and casualty insurance, such as homeowners or renters insurance and auto insurance, protect your belongings and provide liability coverage in case of property damage, theft, accidents, or legal claims.

Cash Flow Precision: Cash is King

Cash flow management is a vital component of retirement planning. It involves optimizing investing rates, savings rates, and withdrawal rates to ensure a secure and sustainable retirement.

Effectively managing cash flow means finding the right balance between investing for growth and saving for the future. By determining appropriate investing rates, your money can generate returns and build wealth over time. Simultaneously, establishing suitable savings rates allows you to accumulate funds to support your retirement lifestyle and handle unexpected expenses.

Withdrawal rates are also crucial to consider. Striking the optimal balance ensures that you can maintain your desired lifestyle while preserving your assets for the long term. Careful planning, accounting for factors such as expected lifespan, inflation, and investment performance, is essential.

THE PLANNING PROCESS

Start Here

A quick look at the 'getting started' process of financial planning

1

Worry-free Intro Meeting

This call is imperative for me to understand YOU and if we are a good fit.
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2

Data Gathering

After deciding to move forward, we will have a 60-90 minute phone call diving deeper, accumulating documents, and filling in your plan’s custom information.

3

Plan Delivery

In this meeting, I will deliver your custom plan and all recommendations that will most likely achieve your goals and your vision.
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4

Implementation

We will start to implement all recommendations and organize your financial life according to your plan (ongoing support included in service)
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Rinse & Repeat

Once implementation is complete, we begin our annual service & progress updates

Start Your Process

See if you're on the right path

This call is to understand your vision, what is most important to you, and what you are looking for from an advisor. I will also explain the services provided and how the ongoing relationship works.

Talk with an Advisor

Like a spotter in the gym, but for your money.

At Pro Path Financial, we live by one mantra: Goals, Plan, Assets – in that order. We begin by obtaining a complete understanding of your most cherished goals and move on through the process once we have a strong comprehension of what you want to achieve. We then build a plan that achieves those goals, which includes an estimate of how much capital you will need. Lastly, we manage and accumulate assets to support the plan that is intended to achieve your goals.

Talk with an Advisor