Recently retired and wanting to secure the lifestyle they envision for themselves
Create a reliable income stream so they can live the lifestyle they envision for themselves. They also want to be smart in their planning by reducing taxes, improving their investments, and coordinating all their financial resources so that they never have to worry.
Most importantly, they wanted to make sure that their money would outlive them while facilitating the comfortable lifestyle they wanted for themselves.
Together, they concluded they wanted to work with Johnson Lyman Wealth Advisors, a firm that specialized in planning for sustainable retirement income, to make sure they were properly considering all their options and making good decisions.
First, it was important to help make Jim & Sandy's retirement planning process easy and as enjoyable as possible.
One critical step to avoid surprises was to identify any potential tax challenges they might soon face.
Working together with Jim & Sandy's CPA, the initial retirement planning process involved:
A comprehensive plan was then created that addressed all their major concerns:
The solutions adopted by Jim & Sandy helped them in many ways:
Today, Jim & Sandy are having the time of their lives. They live between their home in the Bay Area and their cabin in Lake Tahoe, travel to and enjoy new golf courses, and spend time with their grandchildren every chance they get.
Jim & Sandy's retirement plan is reviewed regularly. Most importantly, new tax laws are being monitored each year to ensure they are taking advantage of any opportunities available to them.
Being able to see and understand all their options removed a lot of worries. They were able to move forward with their plans, confident in knowing that they would be well looked after.
They now have the confidence of knowing that their retirement plan is sustainable and that they can relax and enjoy life on their terms – living life fully!