Finance CAPE was created to help everyone develop their wealth-building blueprint. Whether you’re a new family, a business owner, or an individual planning for retirement and beyond, we’ll identify your obstacles, create your solution, automate your system, and support you until you’ve reached your goal. This is our way — to create wealth and life solutions today so that the world we live in is better tomorrow.
Without a written financial plan for your retirement, you’re simply making a judgement call based on how your investments are doing. Every client we work with has a financial plan. It’s a crucial part of their success because of the stability and comfort it provides.
Shouldn’t everyone have a roadmap that’s been built and stress-tested against unforeseen events like a spouse passing away, inflation running wild, stock market crashes, or an economic recession? If we’re paying an advisor or broker to manage our wealth, shouldn’t they understand the complete picture of where we are now and where we hope to be in the future?
The only way to know some of the potential answers to those questions is by making sure you have a complete and comprehensive financial plan.
The plan. Right? But that’s probably not the way it’s been in your experience. Isn’t that strange? You sit down with someone to do retirement planning and you hear information about investments.
Some people sell, some people offer retirement planning and investment advice. They’re both technically financial advisors, but their business models aren’t the same. Individuals acting as registered representatives of a broker dealer are not subject to the fiduciary standard as a general rule, they’re paid a commission each time they buy or sell you a stock or other investment product.
At Financial CAPE, we have a fiduciary obligation to you – our client. Your best interests are always placed first when we provide advice or recommend where to put your money. There’s a line in the sand and we’re on the other side of it – we have a legal obligation to do what’s right by you!
To understand your financial picture we need to know your income, assets, expenses, desired retirement date and desired retirement quality of life. We’ll draw up a plan that also includes a hedge against inflation so that your income keeps pace with rising expenses.
It’s key that we “stress-test” your plan through several market scenarios. This ensures that, no matter what the future brings, your retirement plan has the cushion and flexibility to navigate the road ahead. You can review your plan each year, update the numbers and see how you’re doing on your path. Do you see how this data absolutely must be understood before having conversations about investing?