Name: Jim & Nora
Age: 58 & 55
Goal: Have a financial plan designed around their goals + reduce taxes to protect their nest egg which will allow them to make work optional in retirement
Background: Jim and Nora have been married just over thirty years. They have 3 grown children with their second grandson on the way. Jim has been a project manager for an IT company and Nora has been a 3rd grade teacher since graduating college. Being in that elementary school and teaching kids is her passion and her best friends are fellow teachers.
Nora wants to cut back her hours when Jim retires to become a substitute teacher. She wants to stay involved with the school because that is her community. She is afraid she would not know what to do if she stopped completely.
Jim would like to retire in 4 years when he is 62 but does not know if they can afford to quit because of the cost of health insurance.
The challenge isn’t fixing any financial problems or mistakes, they’ve always lived below their income and saved wisely. They’ve been doing all the right things:
So, what’s the problem? Why do they need a financial advisor?
Jim and Nora are concerned that they may be missing something. Is their current plan right for them?
They Admit...they don’t know what they don’t know.
As they prepare to enter this new stage of life, they want an expert to help them build a strategic plan to optimize Social Security timing, her pension, and investments in a tax efficient way.
They had concerns, they knew they didn’t want to go at it by themselves, so they sought after professional help.
Today, Jim and Nora are living their best life. Between traveling to visit their grandkids and planning their big annual trip to Europe, they couldn’t be happier with the freedom and happiness that come with financial freedom in retirement.
Jim and Nora now meet with their advisor as often as needed to give them the peace of mind that they are still on a successful path.
They are thrilled to have a clear financial path that gives them the freedom and security to do what they love most.
Note: The above case study is hypothetical and does not involve an actual Orion Financial, LLC client. No portion of the content should be construed by a client or prospective client as a guarantee that he/she will experience the same or certain level of results or satisfaction if Orion Financial, LLC is engaged to provide investment advisory services.
The first step to B.E.G.I.N. is a 15-minute phone call. This gives us both an opportunity to see if your situation matches our expertise. Quickly book your call here: