3400 North Central Expressway
At Olympus Capital, our proprietary Financial Lifestyle Diagnostic is designed to help our clients achieve simplicity and confidence in their financial goals. We use a variety of financial vehicles, including insurance products, to help protect a portion of your assets from market risk and help you save for the future you envision.
Traditionally, financial planning is focused on creating a suitable plan geared toward a client’s retirement goals. The Financial Lifestyle Diagnostic is no different, but it also includes components that others may not — components that, if left untouched, could hinder your journey toward your golden years. Here’s a look at the Financial Lifestyle Diagnostic and how it will help you realize your ideal financial objectives.
As you approach retirement, your goals change from trying to double your nest egg, to working to preserve it. At the same time, we want you to live comfortably off the income it provides without reducing your principal. To help you achieve those goals, we work with you every step of the way to deliver personalized strategies with reliability and predictability for the rest of your life.
Once your income plan is established, our process covers eliminating unnecessary risks that could derail your retirement goals. Values and benefits to this step include:
Tax planning is an important part of the financial planning process. When you retire, some income (such as Social Security benefits and required minimum distributions) are added to your yearly taxable income. We understand you worked hard for your money and want to help you keep as much of it as possible. That’s why we focus on structuring your assets to minimize future tax implications by:
When major life events happen, such as birth, death, marriage, or divorce, it is crucial that you have a relevant and updated estate plan that preserves your legacy. This type of planning includes the distribution of your assets, both during your life and upon your death. Additionally, who will take care of you if you are unable to care for yourself? One of the biggest concerns may not be outliving income but outliving good health. This step involves:
The Financial Lifestyle Diagnostic helps to align the purpose of your retirement strategy. Think of it as a spring cleaning, out with the old, outdated strategy and in with a new strategy that can help organize and support your legal, financial and income planning goals to better prepare you for retirement.
With your previous financial strategy, you may have been advised to grow your assets in a way that did not show direct results. At Olympus Capital, our process is much different. We believe in finding financial solutions that can drive you towards your goals. The Financial Lifestyle Diagnostic will address a variety of areas such as income planning, risk management, tax planning, insurance planning and/or legal documentation. Through these strategies, we work with you to establish a time and set clearly defined, measurable goals.
While retirement strategizing is complex, the Financial Lifestyle Diagnostic helps you explore and understand various strategies that can address retirement income and legacy planning concerns. Most of all, we want to encourage and support you as you strategize for retirement and prepare for the next stage of your life.
It is easy to get lost in the thought of financial strategies and to feel overwhelmed at the idea of risk. But as you picture the next several years of your life, it is important to understand your current financial situation and to establish a future strategy based on your specific financial goals.