Retire with clarity and understand your financial life.
Areas that we'll work on throughout the year:
- Retirement Planning - We'll review your various accounts and lay out how to best use your savings in your retirement years. We take many factors into consideration including your income sources, expenses and what's important to you and your family.
- Cash Flow Management - Understanding your expenses and where your money goes has a big impact on the life you’ll live in retirement. As an added bonus, we often find expenses you didn’t realize you were still paying for.
- Investment Review - We look at your holdings to make sure it accurately reflects about how you feel about investing. For clients needing assistance with managing their investments, Hive Retirement offers investment management services. Our thesis is to keep things simple: a portfolio of low cost index funds which are rebalanced quarterly. We also perform tax loss and gain harvesting, as dictated by market conditions.
- Tax Planning - Tax planning is worked on throughout the year. Even though we all love paying low taxes each year, our main goal is to lower your lifetime tax bill through planning such as Roth conversions.
- Estate Planning – Having a will and/or trust-based estate planning is an essential part of your financial plan, as well as for your end of life decisions when you are unable to speak for yourself. We can refer lawyers for estate planning and we can assist in more basic situations. If you already have an estate plan, we will review to make sure it still reflects your wishes.
- Insurance Review – We do not sell insurance or any financial products. We'll evaluate your insurance and we are your fiduciary at all times in evaluating your financial decisions.
Annual Service Calendar
As a new client we’ll have several onboarding meetings to create your financial plan with action items towards a fulfilling retirement. Your financial plan will serve as our touchstone and will be constantly updated
Throughout the year we’ll focus on different areas of your finances
- Semi Annual meetings (at a minimum) via Zoom for bigger topic reviews and to update for any changes in your life
- Deeper dives on various areas throughout the year. For the sake of your scheduling, these reviews are often asynchronous with a video or email update
- Rapid Response to emergencies. Regardless of where we are in the service calendar, we are always available to respond to emergencies or time sensitive projects - let's meet and figure it out
