THe 40/70 Dilemma
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After a 40-year career, how will you pay for 30 years of living expenses?
→ This is the question of the self-funded retirement era. It is the reason Forward Wealth Management (FWM) developed TRAC™ – a proprietary process combining active planning with intentional retirement investing. We partner with our clients to develop a personalized strategy for one of your most important transitions – life after work.
Is FWM’s TRAC™ retirement service right for you? Schedule a FIT meeting now.
Has the traditional financial service model of retirement advice left the door open for a better solution?
We believe so…
Consumers are Looking For: |
Traditional Financial Services Offers: |
TRAC™ Planning Provides: |
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Advice that is in their best interest | Advice laden with agency conflicts | Advice supported by a fiduciary oath |
A process to simplify the planning experience | Voluminous financial plans that are overwhelming and not actionable | Turnkey solutions to reach goals |
A clear understanding of the question, “How am I doing?” | A detailed explanation of past performance | Wealth and return reporting relative to your goals |
A stepwise approach to thoughtful investing | The latest hot product designed to solve all your problems | Portfolios actively managed to match goals |
Engaging and productive client meetings | Explanations why the market didn’t meet expectations | Implications of setbacks and available action steps |
retirement
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Facts About Self-funded Retirement
Sources: Schwab 2020, BLS, Center for Retirement Research
Milestones
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Where Are You in Life’s Journey?
Investor Life Cycle
→ Investment objectives and the ability to take risk changes over time. Early on, stock market sell-offs provide compelling risk premiums (meaning higher potential—but not promised—returns) for those willing to put capital in harm’s way.
→ As investors approach retirement, the willingness and ability to take risk may decrease, as stock market volatility introduces vulnerability to upcoming retirement spending goals.
→ During retirement, market volatility jeopardizes a portfolio’s longevity, its ability to sustain distributions throughout retirement.
Personalized solutions
FWM’s services are designed for mid- and late-career professionals within 10 years of retirement. We provide personalized wealth management solutions that marry goals and timelines with financial markets and the cost of retirement income.