Retired

Goal

James had multiple IRA accounts from previous employers, but they were a complete mess. If there was a way to consolidate their financial assets, the couple was all for it. They simply didn’t have the time to dedicate to it.

James and Patricia’s daughter in law recommended a financial planner to them, but at the time, retirement wasn’t even on their radar, as they were concerned that they didn’t have enough money to retire.

Challenges

The couple’s greatest challenge was that they didn’t know what opportunities were available to them.

Even if they were to work with a financial advisor, they didn’t think they had enough money to retire, and they weren’t sure what questions to ask.

Ultimately, they decided that they wanted to work with a planner who could offer personalized service and wouldn’t treat them any less based on the financial resources available to them.

They had no interest in working with a partner who only offered a standardized approach to investing that likely wouldn’t fit their budget or needs.

Approach

Fortunately, James and Patricia were able to partner up with a financial planner who could offer them personalized attention. Their planner explained each step as it was being actioned, so they had the comfort level and security to know that their financial resources were being cared for.

Initially, the couple wanted to protect all their assets, but their partner assured them that they wouldn’t need to do this to have financial security.

The couple got exactly what they were looking for in a partner, and they were offered services that were well matched to their needs and stage in life.

Results

Although it took several months, with the help of their financial partner, James and Patricia were able to get their IRA accounts sorted out.

Today, the couple is retired, and they can spend their days working around their house or going to the beach with their grandchildren.