Our Carefully Crafted Discovery Process
If you are retired (or can count on one hand how many years until you retire), our Carefully Crafted Discovery Process will guide you to make an educated and informed decision about the advisor you choose to work with(even if it is not us), and provide you with clear answers to these three critical retirement questions:
- Checklist items:
- Income Taxes
- Inheritance Taxes
- Estate Taxes
or asked a different way…
Will I feel confident spending money from my accounts in retirement?
- Checklist items:
- Retirement Paycheck Plan
- The best time for you to elect Social Security
- How to address Inflation
- Plan for Longevity
- Plan for the Survivor
- Checklist items:
- Risk-Reward Balance
- Fee & Cost Analysis
- Volatility Expectations
- War Chest
We even touch upon more (like Medicare, Medicare surcharges, unnecessary fees, hidden account costs, risk protection, etc.) if they apply to your individual situation.
- Answers to these questions (and others you have on your mind) are documented and delivered in a personalized “One Page Plan”
- This “One Page Plan” (and the details behind it) will help you know if you are Retire Ready, if your Retirement is Resilient, and the Action Steps that would be in your Best Interest to take.
For those who are retired (or close to it), and a good fit for our firm, there is no cost or obligation for this process as we want you to know exactly how we can help you before you pay us a single dollar in fees or trust us with a penny of your nest egg.
Initial Phone Meeting – 15minute call
Before committing your time or ours, this 15-minute phone call will give us both a chance to make sure your situation matches our expertise. (After all, you wouldn’t see a foot doctor if you needed heart surgery!)
If we determine during that call that we wouldn’t be a good fit for each other, we will gladly recommend you look at a firm who is better suited to your needs.
Step 1 – First Office Meeting
“You don’t prescribe medicine before you know the problem.”
The goal of this meeting is to get perfectly clear on what you are looking to accomplish, what concerns or fears you have, and to understand your unique financial situation. (everybody has their own path, there are no cookie cutter prescriptions)
At the end of this meeting, the only thing you will be asked is if you would like us to complete a thorough analysis, and to schedule the 2nd meeting to review the observations and results with you. Our conversation from this 1st meeting, along with the facts (from documents we request you bring), will guide our analysis, which will result in plain-English answers to the critical questions listed above.
Between our First Meeting and Second Meeting, this is we analyze your situation to find the most important, critical items you should be aware of.
We will apply our unique, specialized skill set and experience to answer the following questions for you:
- Are you overpaying your taxes, or missing opportunities to lower them?
- What is the most efficient way for you to create monthly paychecks in retirement?
- Can the efficiency of your investment portfolio be improved?
- Can you eliminate (or at least reduce) threats to your retirement?
Step 2 – Second Office Meeting
During this meeting we will explain, in plain English, exactly what you need to do to achieve your financial goals, and will include answers to the questions above and to pertinent items you helped us identify in our first meeting.
This is where you will see, in a powerful “One Page Plan”, the summary of our observations and action steps for you.
You’ll recognize how our specialized skill set stands out and how our processes make an impact.
This is also where you will see, in dollars and cents, if our firm can improve your finances.
If it can, at the end of this meeting we will ask if you would like to begin working with our firm. Even if you say “Yes”, we’ll say, “Give it a Day” to be sure, and let’s talk about it tomorrow.
Our “Give it a Day” Approach
Having been in business for over a decade, and not appreciating when pressure is put on me to make a decision of any sort, let alone a decision about such an important relationship like ours, I am in no rush for you to make a decision. Prior to deciding whether we should work together, you will want to answer the following questions for yourself:
- Do I like/trust/respect the team at Revisionist Wealth?
- Will the benefits provided to me exceed their cost?
- Do I understand and agree with their investment & retirement philosophy?
- Do their recommendations make sense to me?
Step 3 – Third Meeting/Onboarding as a Client
During this meeting we will answer any questions you have, and if you are ready, we’ll start the process of onboarding you as a client.
Prior to this meeting we will have sent you a detailed explanation of this process and answered all of your questions and concerns.
And keep in mind, while we would love to work with you, if you decide that it’s not a good fit, we will wish you all the best and every success. In other words, there is never a hard-sell or pressure to say yes.