Late-Career Professionals

When you are within sight of retirement there are many specific and complex steps to take to realize the financial future you expect for yourself and your loved ones. FJY’s mission is to help you plan in advance, with specific milestones and checkpoints to give you peace of mind and security.

FJY’s approach for late-career professionals includes several key components:

Planning to Achieve Financial Goals
We work with you to identify and quantify your goals and to create a plan for achieving them. This includes planning for career changes, retirement planning, legacy planning, and life planning. We want to be one of your first calls when life events happen. We will help you determine what needs to be done.

Protecting What You Have Built
We help to ensure that you, your family, and your business are protected in case of a catastrophic event. This includes life & disability insurance, property & liability insurance, and estate planning. We also address long term care needs for you and your family members. We help point you to (and coordinate the efforts of) advisors specializing in estate, insurance, and tax.

Developing an Investment Management Strategy
With your goals in mind, we gain an understanding of your attitude toward investment risk in order to identify an appropriate mix of investment assets. We will educate you regarding our approach to investing and tailor our advice to your situation. We manage your investments, including your 401k and other retirement accounts.

Analyzing Company Benefits
We provide advice regarding the company benefits you may have acquired throughout your career. We work with you to develop a strategy related to employee stock plans, stock options, and restricted stock. We help you understand company incentive plans and insurance benefits, and we evaluate and provide advice on compensation packages.

Planning for Business Owners
We help you address the issues you face as a business owner. We help you understand the implications of business decisions and how those decisions impact your personal financial situation. We are a resource for business issues such as investing, selling interest(s), bringing on new partners, and succession planning. We manage 401k or other retirement plans for small businesses. We have relationships with professionals specializing in legal, insurance, and tax needs.

Managing Cash Flow
Healthy cash flow is the lifeblood of your business. FJY assists by developing strategies for liquidity events, maximizing benefits packages and creating tax efficient plans for withdrawing cash from the various assets clients accumulate throughout their career.

Minimizing Your Taxes
We manage your investment portfolio with an eye toward tax efficiency. We also help you identify other areas of potential tax savings, such as tax-advantaged savings and tax deductions you may not be taking. We will work closely with your tax professional to help minimize your taxes.

Managing Resources in Retirement
FJY helps you develop a plan that optimizes the use of the resources you have worked so hard to accumulate. We create a strategy for retirement income, such as pensions, social security, or even continued employment.

We manage your portfolio in a way that enables you to draw from your investment assets, including retirement accounts and annuities, in a manner that is tax-efficient and at a rate that minimizes your risk of running out of money. We take a holistic view of your financial situation and consider other assets, such as equity in real estate or a business, which are available to support you during retirement.