Deciding on the right time to retire can be challenging and requires a joint focus on both your finances and your state of mind. Stearns Financial Group can help you envision the kind of retirement that is right for you while planning a financial future that supports that vision.
As much as we want to control our futures, however, we know that life can be full of transitions, both expected and unexpected. These can include not only retirement, but the sale of a business, the loss of a spouse, a divorce, health issues, re-marriages and even inheritances. Stearns Financial Group is committed to helping you make confident financial decisions during these critical, often life-altering, transitions. Our trademarked financial planning methodology—the Financial Independence Roadmap℠ — incorporates multiple scenarios, illustrating the long term financial impact of the various choices before you.
At Stearns Financial Group, we believe it’s necessary to understand your priorities and dreams so we can create a personalized financial blueprint moving forward. Here’s how it will go:
It’s difficult to plan for the future if you don’t know where you are today. We’ll help you organize your financial matters, prioritize your needs and define your true risk tolerance.
We’ll help you define your vision of the future. It is important to know where you’re going and what you wish to accomplish. It’s also important to think about what you might later regret if you never tried it. We can help you explore these dreams as well.
It’s important to analyze different scenarios for reasonableness. We will help you develop the “most likely scenario” but will also address alternative future paths. These are important to consider since life sometimes takes unpredictable turns and it’s important to “stress test” various assumptions.
We meet regularly to review and discuss priorities, goals, planning opportunities and investments. Ensuring the assumptions we have made in your financial plan remain relevant is an important part of staying on track. Tying your financial plan to your investment performance is also integral to the holistic approach we employ.