Financial Planning

GOALS:  At  INNSBRUCK FINANCIAL CONSULTANTS LLC, your financial goals are important.  They are not merely "numbers", they are hopes and dreams!  We begin with clients' goals, time frame and estimated dollar values.  As clients identify their goals, both before and after retirement, they also prioritize them by importance.  This allows us to show our clients how they can fund their most important goals first.   Armed with this information we can better help clients determine what savings, investment and lifestyle changes may need to take place  to attain each goal.

So, pre retirement, we determine how much you are saving and what goals will be funded from those savings such as college cost, weddings, dream vacations second homes, etc. 

During retirement we identify the client's expenses beginning with those that are the very basic "must have" items --to those that you really " want but could do without"--to those "I would like to be able to do".  The "must have" items would typically include the  living expenses necessary to maintain your basic lifestyle such as food, shelter, transportation, health, and etc.  These expenses are given the highest priority and funded first.  The remainder of expenses, such as new cars/boats, travel, major house repairs, vacation home, major gifts/donations, etc. are identified. We would specify the priority of these expenses/goals from the  most  to least importance so you can easily see what goals can be funded and those that cannot. We then can change your goals and/or priority assumptions and determine the effect they will have. 

WHAT IF'S:  At  INNSBRUCK ,  the real value of the plan is to see how the  alternatives or scenarios will affect you and understand your available options:

• What If I retire at 62?
• What If I retire at 65 or even 70?
• What If I die early?  Will my spouse have enough to live on?
• What If I am disabled or incur unexpected health care cost?
• What If I am confined to a nursing home?
• What If I need to support a parent or child during retirement?
• What If investment returns drop sharply?
• What If inflation rises?

We can assist our clients in identifying and making the trade-off decisions that are their "real-world" choices.

The link below will give you access to a workbook designed by the software company, MoneyGuidePro, to help us collect and organize the information needed to develop your Retirement Lifestyle Plan. 

To access the workbook, click here - RETIREMENT LIFESTYLE WORKBOOK or another link can be found on the Affiliations & Links page.