Plan Your Retirement - Without Paying 1% Fees
Hourly, fee-only financial planning for people approaching or living in retirement.
Get a personalized retirement plan including cash flow, tax, and investment guidance
$250/hour | No Commissions | No Asset Minimums | CFP® professional
Perhaps you’re wondering:
Can I retire now (or when can I retire)?
How much can I safely spend (before and in retirement)?
When should I take Social Security?
Should I do Roth Conversions?
Should my investment portfolio change as I get closer to retirement?
Am I overlooking something?
Do I really need to pay an advisor 1% every year?
“A Different Kind of Financial Planner”
Traditional Advisor
Often charges ~ 1% of assets
May require asset minimums
Advisor manages investments
Ongoing fee
Disciplined Money
$250/hour
No asset minimum
You are welcome to self manage (or hire on hourly basis)
Pay for the help needed
Our Three-Meeting Process
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We begin with your intention. What does your vision of retirement look like?
When will you retire?
What are your income sources in retirement?
What will you spend in retirement?
Most importantly, does your current plan project success? In other words, will you run out of money too soon or have too much at the end?
We find most people are interested to see ‘their numbers’.
Now that you’ve seen ‘your numbers’, would you do anything differently?
Spend more (or less)?
Stay in the workforce longer (or leave sooner)?
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Let’s shift our attention to the details. In the second meeting, we review:
How you’ll fund expenses without a paycheck
Current versus future tax rates (potential Roth conversions or IRMAA taxation)
Covering health care and potential long-term care costs
What could go wrong and discuss whether to accept the risk or insure/hedge it.
How your current investment portfolio aligns with your retirement plan.
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The goal of this meeting is to ensure you have a clear foundation for making financial decisions going forward.
This is a review of the prior meetings. You should walk away with a clear picture of you’ll do going forward and more importantly - why!
Then you can decide if you want to hire Disciplined Money on an ongoing basis or come back for updates as needed (billed hourly).
Simple, Transparent Fee Structure
Our fee structure is simple. Our hourly fee is $250 per hour. We do not earn income from any other source. We believe this best serves our fiduciary duty and aligns with how most other professionals are compensated.
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Starts with a plan
We begin with the creation/review of your existing plan.
The initial planning fee is based on the complexity of your situation.
Most plans require between six ($1,500) hours and ten hours ($2,500).
During the intro discussion, we’ll get a better idea of your situation.
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We Manage Your Investments
After a plan is created, you may prefer to have us manage your investments.
We’ll discuss the reasons why you may want to have ongoing investment management.
Fees are based on hours rather than a percentage of assets.
The range is typically between $500 and $1,000 per quarter ($1,000 and $4,000 annually).
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You Manage Your Investments
You prefer managing your investments or most of your investments.
You aren’t ready (or have the need) to relinquish ongoing management, but you’d like to update your plan from time to time. No problem…
We’ll update your plan and address questions/changes based on an hourly rate. Most plan updates range between $500 and $1,000.
A solid foundation supports retirement success.
At its core, a financial plan is simply a summary of what you earn, spend, save, and protect.
The question is not whether you have a financial plan. The better question is whether your current plan is likely to produce the results you want.
Having a solid understanding of your current and projected financial future provides a solid foundation from which to make informed retirement decisions.