The rules of the retirement planning game are changing rapidly today. You need trusted professionals who focus on solving potential financial and legacy problems.
If it sounds too good to be true, it probably is. It's a common and scary trend today to hear retirees who have made poor decesions based on "buying into great opportunities".
It's different for everyone. The first thing you need to ask yourself is what your goals are. With that in mind, it's important to know that you can't have everything. Typically, you have to choose between two of the following:
Traditionally, financial planning has been focused on rate of return, risk and reward analysis and ultimately, setting up a suitable plan geared toward achieving the client’s goals. However, as one moves into retirement, there should be a fundamental shift from the stage of accumulating assets and taking higher risks for higher returns to that of protecting one’s assets. The foundation for setting up a retirement plan that provides confidence about your retirement savings is helping make sure your goals for retirement won’t be derailed by a volatile stock market or unforeseen long-term care expenses.
Our approach to retirement is all about problem-solving and helping individuals achieve the confidence and quality of life they desire in retirement. During our first meeting, one of our main objectives is to help define and clarify the goals each individual has for their retirement as they move forward.
We have found that many of the goals for retirees are similar in nature, however we have also found that most people have specific hopes and dreams they want to achieve in their golden years. That is why it is critical to set up a Personal Retirement Income Plan (PRIP) designed specifically for them.
Old style planning has always been about being patient and holding on and then hopefully the benefits are realized in an undetermined time period. I’m sure you’ve heard from your broker (or another advisor) through these past years of turmoil: “Just hold on, it’ll come back!” (by the way, the next time someone tells you this, ask them how long it’s going to take?). Our approach is much different. The time period is known, the results are measurable, and the benefits are 100% defined
A lot of planning in America today seems to be an “off the shelf” process. Not here. Our clients bring in financial concerns as different and unique as each of their own fingerprints. No two situations are ever the same, therefore our process is geared toward finding a custom-fit solution to solving our clients’ most pressing problems. This is obviously very different from the traditional, old style planning of “buy and hold” and hope the market gets you where you want to be. We help our clients find the solutions they need to move toward the goals they have always dreamed of, with an outcome that works toward providing a sense of comfort for the individual and their family.
This approach may include a variety of things such as: tax and distribution planning for retirement accounts; setting up a secure retirement income stream you can’t outlive; protecting assets from the typical risk associated with investing; the devastating cost of unforeseen long-term care expenses; insurance planning and/or helping ensure you have the right legal documents in place for proper estate planning. Often these problems have been a concern to them for many years, or something may have changed in their life which now creates a worry about their future or the future of their loved ones.
One of our clients said it best when they said “it’s like cleaning out the junk closet in the house for the first time in 40 years, and finally getting everything straightened out and put in place.” What was meant by that is our planning process organizes your legal, financial and asset protection planning, rather than just accumulating a “junk closet” of financial and legal stuff over time with no meaningful analysis of how each affects the others. A Retirement Weather Report is about coordination and focusing on goals -- your goals! Typically the best solutions include working with other professionals such as attorneys and CPAs to include a combination of legal and financial techniques to help deliver the best results.
Retirement Income Planning
Need help developing a retirement income plan that is custom to you? Learn More
Are you protecting your retirement from the volatility of the stock market? Learn More
Income Tax Management
Need help with income tax management for your retirement plan? Learn More
Estate & Legacy Planning
Are your legal documents up to date for your legacy trust? Learn More
SCHEDULE A FREE CONSULTATION949.859.8900
Dan Ohlwiler CA Insurance License #0601944
Any media logos and/or trademarks contained herein are the property of their respective owners and no endorsement by those owners of Dan Ohlwiler or Sterling Financial Advisors is stated or implied.
The National Ethics Association (NEA) is a paid membership organization. All NEA Background-Checked members have successfully passed the annual seven-year background checks for criminal, civil, and business violations in order to meet the membership standards. However, the association provides no guaranteed assurance or warranty of the character or competence of its members. Always make financial decisions on the basis of your own due diligence.
We are an independent financial services firm helping individuals create retirement strategies using a variety of investment and insurance products to custom suit their needs and objectives.
Investment advisory services offered only by duly registered individuals through AE Wealth Management, LLC (AEWM). AEWM and Sterling Financial Advisors are not affiliated companies.
Investing involves risk, including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. None of the information contained on this website shall constitute an offer to sell or solicit any offer to buy a security or any insurance product.
Any references to protection benefits, safety, security, or steady and reliable income streams on this website refer only to fixed insurance products. They do not refer, in any way, to securities or investment advisory products. Annuity guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. Annuities are insurance products that may be subject to fees, surrender charges and holding periods which vary by insurance company. Annuities are not FDIC insured.
The information and opinions contained in any of the material requested from this website are provided by third parties and have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed. They are given for informational purposes only and are not a solicitation to buy or sell any of the products mentioned. The information is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual's situation.