Personalized Retirement Planning
At Altrua Wealth we provide two retirement planning options.
Fee-for-Service Planning
Our fee-for-service option is a one time solution that helps you organize and navigate your finances – on your terms – for optimal performance and peace of mind. Our highly competitive fee approach allows you to maintain investments in your self directed account. It’s financial planning and optimization done for yourself, not by yourself.
Fee-for-Service Includes:
- Answers to your most pressing questions: When can I retire? How much will I need saved to support my desired lifestyle?
- Cash flow and income tax optimization
- Debt management
- Investment analysis and allocation
- Income tax management for investment accumulation and decumulation
- Spending plan for different phases of retirement
- Advanced planning strategies: RRSP Meltdown, Retirement War Chest and Guardrails
- Support for up to 1 year while you implement the strategies
- Follow up meetings at a reduced rate
Fee-for-Service Planning Process:
- Introduction call
- Information gathering
- Follow up questions and discussion
- Main planning meeting (lasts 1.5 – 2 hours on Zoom)
- Phone and email support for 1 year while you implement
Deliverables:
- A clear, optimized financial plan using professional grade software – accessible to you 24/7
- Understanding of how the theory applies to your situation
- Implementation support for your success
Full Service Wealth Management
Our wealth management option is for those who prefer a ‘hands off’ approach. We become your personal CFO, working to coordinate your finances with our investment management partner, your account and lawyer. We meet consistently, at least once per year, to adjust your plan as markets, financial rules, and risks change. We help you manage accounts as needed, including in the decumulation phase of retirement when adjustments are common. We offer our highest level of service for a lower cost than a traditional big bank mutual fund.
Full Service Wealth Management Includes
- Everything in the fee-for-service option plus
- An additional meeting for goal setting and prioritization
- An additional meeting for portfolio design and risk mitigation
- Regular annual meetings including plan adjustments
- Ongoing service and support leading up to, and throughout retirement
- Hands on assistance to automate advanced strategies, such as the Smith Maneuver
- Coordinate your financial plan with our registered investment partner, your accountant and your lawyer
Wealth Management Process:
- Introduction call
- Information gathering
- Goal setting and prioritization meeting
- Investment allocation meeting
- Main planning meeting
Deliverables:
- A clear, optimized financial plan using professional grade software – accessible to you 24/7
- A managed process with ongoing support, updates and optimization
- Collaborating with your accountant and lawyer for a efficiency and maximum effectiveness