By Kaitlyn Laney, CFP®
As a certified financial planner, I’ve had the privilege of helping individuals and families craft financial plans that align with their unique goals and dreams. If there’s one thing I’ve learned, it’s that a successful financial strategy is built on three core elements:
- Goal Setting🎯 Every plan starts with understanding what you want to achieve from saving for a new home or college to retiring with dignity. Clear goals set the direction and purpose of your financial journey. We partner with you to help define important goals and activities to continue living the life you love. Our mission is to help our clients live out their bucket lists, focusing on travel, hobbies, or family time, and determining if the budget can accommodate these plans can help make retirement fulfilling and sustainable. Knowing your priorities helps keep your plan focused on you.
- Risk Management 🚧 Life is full of surprises, and preparing for the unexpected is key. Our financial readiness assessment dives into where you are today, analyzing your income needs, insurance coverages, emergency funds, and investments. By safeguarding against risks—whether health-related, economic, or unexpected expenses—you protect your loved ones and the financial future you’re building. Our holistic financial planning approach empowers individuals to enjoy retirement confidently, free from financial worries, and able to live life on their own terms.
- Wealth Building and Preservation 💼 Growing your wealth involves a blend of saving, investing, and understanding tax strategies. But it’s just as important to think about preserving what you’ve earned, especially when you are in the distribution phase of retirement. In the distribution phase of retirement, the sequence of returns risk becomes crucial. Even with a well-structured portfolio, withdrawing funds during market downturns can significantly impact long-term wealth. Negative returns early in retirement can deplete savings faster than expected, reducing the sustainability of your retirement income. We understand and help our clients manage this risk—through strategies like diversification, adjusting withdrawal rates, or having a cash buffer—we can help protect your retirement income from the adverse effects of market volatility
A good financial plan isn’t set in stone—it grows and changes with you! That’s why having a personal financial plan matters so much. If you’d like to chat about creating or fine-tuning your own financial roadmap, I’d love to connect! Book a call today.
Advisory Services offered through Sowell Management, a Registered Investment Advisor. Trek Wealth Solutions is a division of Sowell Management. The views expressed represent the opinion of Trek Wealth Solutions. The views are subject to change and are not intended as a forecast or guarantee of future results. This material is for informational purposes only. Information provided on this website is not intended to be, nor should it be construed or used as investment, tax or legal advice, a recommendation, or an offer to sell, or a solicitation of an offer to buy, an interest in any security or cryptocurrency. Past performance is not indicative of future results, and investing in securities involves risks, including the potential loss of principal. Be sure to consult with a tax, legal, or financial professional before implementing any investment strategy. While Trek Wealth Solutions and Sowell Management believe the information to be accurate and reliable, we do not claim or have responsibility for its completeness, accuracy, or reliability. Statements of future expectations, estimates, projections, and other forward-looking statements are based on available information and Trek Wealth Solutions and Sowell Management’s view as of the time of these statements. Accordingly, such statements are inherently speculative as they are based on assumptions that may involve known and unknown risks and uncertainties.
