Consolidate investment accounts, mitigate taxes, create a reliable retirement income stream.
After accumulating wealth throughout the years as a biotech executive, Carol began thinking about retirement. She currently holds a variety of investment accounts, including 401ks from her employers, stock options, an ESPP, and multiple brokerage accounts.
She has three adult children (one still in college) and two grandkids. Carol lives modestly, owns her home, and looks forward to spending more time with family in retirement.
Carol was pretty sure she had enough to retire but also hoped she could leave a legacy for her kids and grandkids.
She craved a better plan that would allow her to retire confidently knowing she was equipped to meet these goals
Carol had more questions than answers:
She knew seeking professional financial help was the right choice to ease her mind and create a plan that truly worked for her family.
The first step for Carol was to sit down with someone who would actually listen to her questions and concerns. She wanted to be heard and not sold to.
There is an understandable mixture of excitement and uncertainty when it comes to a retirement transition.
Once her goals were clearly documented, a personalized retirement plan that aligned with her values and priorities could be created.
In collaboration with her tax professional, Carol was able to:
With a plan in place, Carol is able to bring back a sense of purpose and confidence to her remaining working years. In the near future, she will be able to fully embrace retirement and her role as a grandparent.