Glossary – Asset Management
and Retirement Planning Terms
Fixed Income Producing Investments
Fixed income investments generally pay a return on a fixed schedule, though the amount of the payments can vary. This type of investment can include corporate and government debt securities, leveraged loans, preferred stocks, high yield, and investment grade debt and structured products, such as mortgage and other asset-backed securities. One role of bonds in…
Gift Planning
Leaving assets outright to adult children can be a common mistake in financial planning. Children’s inheritances don’t have to be turned over to them when they reach 18 or 21. You can design a Trust that provides for funds to be released incrementally as a child progresses into adulthood or as a child attains educational…
Guardianship Designations
Planning for the care of children in case of unfortunate circumstances is one of the most important things parents can do. Estate planning could mean the difference between stability and chaos for bereaved children. The sooner a permanent or temporary guardian is appointed in these situations, the more quickly the child can adjust. An essential…
Home Purchase Analysis
We can consult buyers who are purchasing their first home or vacation homes to help inform budget and valuation related analysis and decision making.
Income and Expense Budgeting Analysis
It’s important to consider how your income and expenses will change in retirement. Every person who plans to retire should use a retirement calculator in order to determine just how much money they will need in order to retire while maintaining a comfortable standard of living. Some expenses like health care and travel are likely…
Income Projections
Developing an income plan is an important part of planning for a secure retirement. This involves listing all your guaranteed sources of retirement income —pension, investment portfolio returns and income retirement savings and investment accounts, such as a traditional IRA, 401(k), Roth IRA or Roth 401(k), Social Security, annuity income (if you have one), and…
Individual Life Insurance
Insurance is a critical tool for protecting your family against the possibility of catastrophic loss. We review your current insurance coverage and perform a detailed analysis to determine whether your coverage is sufficient to protect your family in the event of untimely death, disability, or long-term care needs. Term Life Insurance can be used to…
Inheritance Management
By developing a financial/investment plan and an estate plan, you may be able to help protect your inheritance. In addition to preserving your inheritance and wealth, an estate plan seeks to protect your loved ones from excessive taxes, ambiguity, and privacy issues. The form in which the inheritance is received can vary significantly and may…