Strategies
Investing
- Time-tiered buckets of money
- Portfolio approach diversity
Addressing Risk Tolerance
- Manage emotions about portfolio volatility
- Re-Strategize (fixing broken investments)
Risk Transfer
- Life insurance
- Long-term-care insurance
- Living benefits of variable annuities
- Fixed annuities
Educating Clients
- Tax strategies for life and legacy planning
- Puzzle interlacing: Changing one piece impacts other pieces
Examples
Time-Tiered Portfolios
- Bucket One — No-Low Stock Exposure
- Bucket Two — Low-Moderate Stock Exposure
- Bucket Three — Moderate Stock Exposure
- Bucket Four — Higher Stock Exposure
(based upon risk tolerance; Often for testamentary purposes – money you may never need)
Longevity Protection
- Delaying Social Security until age 70
- Long-term-care (LTC) insurance
- Fixed annuities
- Living benefits tied to variable annuities
Generational and Gift Planning
- Roth conversions — effective in passing assets to the next generations
- Annual or occasional gifting to family and friends
- Using tax effective charitable gifting approaches