This program provides a customized game plan for intelligently addressing the most important goals of the pre-retirement and retirement years. These include: ensuring the sufficiency of overall retirement savings; achieving a comfortable, sustainable lifestyle; enriching the overall quality of life; developing an efficient stream of retirement income; creating a sound long-term investment plan; protecting oneself against both market downturns and periods of high inflation; establishing the right insurance coverage and legal documentation to deal with serious medical situations; and developing a solid estate plan.
Since any plan is only as good as its input, our first efforts involve coming to understand you, your goals and your overall financial situation; including current and future spending levels, pre-retirement income sources and years to retirement; retirement income sources; savings and investment programs, portfolio make-up, company benefits, tax situation, insurance coverage, and estate wishes.
Once these inputs are finalized, we use sophisticated planning software and our own expertise to craft a plan that systematically sets forth a realistic retirement plan for you. It shows you the consequences of retiring at various ages, the expense levels that are sustainable long-term, and how to move towards achieving your most important objectives. Moreover, your plan is rigorously tested under different scenarios so that you have a clear picture as to the effects of varying inflation rates and investment returns on your overall situation.
Your final plan presents clear recommendations for all the key areas your actions impact. Thus, typical plans include guidance as to:
We assist in plan implementation by providing referrals for specific products and services and coordinating activities with accountants and lawyers as appropriate. And, if you enter our Investment Management Program, we carefully monitor ongoing investment performance, suggesting portfolio changes as circumstances warrant.
Because your personal situation, market conditions and the economic environment are continually changing, annual plan reviews are important.
Our fees for developing your initial plan are based on the complexity of your financial situation. Ongoing fees will be determined based on the type and level of service provided.
Bosworth Financial Services, LLC ("Bosworth Financial Services") is a registered investment adviser offering advisory services in the State of New York and in other jurisdictions where exempted. Registration does not imply a certain level of skill or training. The presence of this website on the Internet shall not be directly or indirectly interpreted as a solicitation of investment advisory services to persons of another jurisdiction unless otherwise permitted by statute. Follow-up or individualized responses to consumers in a particular state by Bosworth Financial Services in the rendering of personalized investment advice for compensation shall not be made without our first complying with jurisdiction requirements or pursuant an applicable state exemption.
AIl written content on this site is for information purposes only. Opinions expressed herein are solely those of Bosworth Financial Services, unless otherwise specifically cited. Material presented is believed to be from reliable sources and no representations are made by our firm as to another parties' informational accuracy or completeness. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation.