A 21st Century Tool for a 21st Century Retirement

A 21st Century Tool for a 21st Century Retirement

By: Steven Higgins, Financial Advisor, Principal

Traditionally, the bread and butter of financial planning has been retirement planning. However, there is nothing traditional about retirement. We no longer project ourselves waiting the days away on the proverbial rocking chair and porch. As advances in health care have increased life expectancy and the quality of life for retirees has improved dramatically, there is a new concept of what the years after required work should be like. Rather than consider “retirement” as an end, we consider the independent point in life at which working for pay becomes optional. HD Wealth Strategies created MyStrategy Independence as a part of the MyStrategy Goal Series.

A client’s independent years need to be considered differently. The most common fear for a client is that they will run out of money. To address that risk, MyStrategy Independence monitors the most important factors: longevity, spending, and investment performance. Combining your Personal Investment Policy & Foundations with MyStrategy Independence, we hope that you will have a powerful understanding of this exciting independent time of your life.

We regularly monitor your strategy and meet on your behalf to provide you with a mid-year report called TouchPoint. Annually we meet with you for the Annual Strategic Update where we work together to evaluate and optimize your Independence Strategy as well as your other MyStrategy goals including your Personal Investment Policy and your Foundations. We believe that MyStrategy Independence is a custom, tailored tool designed for clients that see their independent years as we do: an exciting achievement with awesome possibilities.