Retirement Planning

Most people are concerned with retirement. Key questions may include:

  • How much total wealth will we need?
  • How much income will that wealth produce?
  • When should we take Social Security?
  • Should we pay off our mortgage prior to retiring?

BWM helps answer those questions by developing long-term projections for our clients, based on their current wealth picture and key economic assumptions. We can generate multiple projections to show clients risks to their plans. Also, we revise these projections when client circumstances change. The retirement planning process helps drive client-specific investment management. As clients grow closer to their retirement age, we move their asset allocation to a more conservative, income-oriented balance.