Retirement Planning for the Critical Years Before You Stop Working
If you're within ten years of retirement, the decisions you make now matter more than ever.
Campbell Financial Advisory is a fee-based, fiduciary registered investment advisor based in Arkansas, specializing in retirement income planning for people within ten years of retirement.
- Why Planning Matters
Retirement is filled with new decisions you've never made before.
Decisions like:
- When should I take Social Security?
- How do I choose the right Medicare coverage?
- Does a Roth conversion make sense before I retire?
- How do I protect my retirement from a market downturn?
- Will my spouse be financially secure if something happens to me?
- We help you answer those questions
Using a Simple 3 Step Process called the
“Retirement Readiness Review”
1. Know Your Number
Retirement planning is a waste of time if you don't know some basic numbers.
The 4 numbers you must know are your: INCOME, EXPENSES, ASSETS, and DEBT.
In this step we help you get organized and make sure your numbers are up to date and complete.
This will be your start line.
2. Goals and Assumptions
This step is all about understanding what you want in the future and when you want it.
This could be anything from when you want to retire to buying your next car.
Your goals will help you give your money purpose and direction.
Once we know your numbers and know what you want, you're ready for step three.
3. Strategy and Testing
This step is where the magic happens. First, we will test your current plan, based on your current numbers and goals
Then we start testing alternatives. We test things like, taking Social Security at different ages, whether to pay off your mortgage, or whether to do Roth conversions.
If you find the alternatives are better and more in line with your goals, we will create a step by step action plan you can follow to implement the strategy you choose.
This step is where clarity, confidence, and peace of mind are built.
Important: Our process is designed to put you in the driver’s seat of the planning process. We use our world class planning tools to help you clearly see the potential effects of different decisions on paper, before making actual real-life decisions.
Are you a fiduciary?
Yes. I’m a fiduciary, which means I’m required to put your best interests first when giving financial advice.
How do you get paid?
The initial Retirement Readiness Review is a one-time investment of $1,800.
If you love your plan and want to take action on any recommendations you are welcome to implement the changes yourself, with someone else, or not at all. You are not required to move your investments or buy any financial products from us.
If you want us to help you implement your plan there may be additional fees for investment management or commissions from any life insurance or annuity products.
Be rest assured that any additional compensation will be fully disclosed in writing to you before implementing anything.
How are you different than other financial advisors?
We will likely feel different than many other advisors because we aren’t in a race to sell you products or move your money. Our goal is to help you gain clarity and confidence using side by side testing and proof, before talking about investment strategies or products.
Do you work virtually or in person?
We work with our clients 100% virtually.
Do you manage investments or offer insurance products?
After completing the Retirement Readiness Review if you want help implementing your new plan, we have full investment management and insurance services capabilities.
- Frequently Asked Questions
