Real Solutions for Retirement
The Freedom to Enjoy
Retirement planning and estate planning are important for your future, but what about your present? It’s difficult to enjoy life in the years leading up to retirement if you are anxious about your retirement income and lifestyle prospects.
At Cravens & Company, one of our primary goals is to help you enjoy your pre-retirement years by giving you the confidence of knowing that you have a solid retirement plan in place, as well as a team of advisors keeping a sharp eye on your future. We address the real difficulties and challenges that professionals and business owners face, and we set up a plan of action for you and your family. Retirement planning includes:
- Analysis of Financial Scenarios
- Retirement Income Strategy
- Social Security Planning
- Estate Planning
- Wealth Preservation
- Insurance Planning
- Multi-Generational Planning
Appropriate Risk
Risk and reward are related. We view each investment in terms of incremental cost, risk, and suitability to your overall portfolio.
Effective diversification reduces potential risk while potentially adding return, and we provide you with a double layer of diversity involving both individual assets and investment strategies. The dynamics of any large, liquid market make it improbable to “beat the house” over time; therefore we diversify your portfolio with multiple investment strategies as well as traditional asset diversification.
To help control your risk, we take both a strategic and a tactical approach to diversification. The strategic approach considers historical asset class performance statistics, and we typically focus on achieving diversification through broad asset class exposure. The tactical approach involves shifting assets when portfolio managers determine market opportunities are available.
In many cases we combine several investment strategies into one single account, comprehensively assessing tax, risk, and customization decisions. This overlay approach provides an element of simplicity not available using separate accounts for each strategy.
Making Transitions
Making transitions smoothly requires planning and effective execution. You will make a transition from employment to retirement, possibly from business ownership to stewardship, and from retirement to old age. Each step requires a different set of strategies and tactics, and may include:
- Estate Planning
- Beneficiary Management
- Insurance Strategies
- Tax Planning
- Succession Planning for Business Owners
- Education Planning
- Philanthropic Planning
- Trust Services
The team of financial advisors at Cravens & Company has a great deal of experience in all of these areas, and we can help you make your life transitions truly count for you and for those you love.
Real Life Retirement
Once you retire you may want to:
- Travel the world with your spouse.
- Spend more time on hobbies like photography, or wine collecting, or cooking.
- Live on a horse ranch in the country or a cabin in the mountains.
- Create a lasting legacy for your children and grandchildren.
- Support the charities and causes that you hold dear.
What is your dream? At Cravens & Company we have worked with many individuals to help them realize these retirement goals. We can help you decide what your priorities are and then find a way to make those priorities happen, while preserving your wealth and protecting you from unneeded financial risks.
Multi-Generational Planning
Building significant wealth affects members of your family and also has implications for future generations. Especially if you own a family business, there are many challenges involved with leaving a legacy and distributing assets at the end of your life.
Passing down wealth or business responsibilities requires both planning and execution, and we have extensive experience in multi-generational wealth management. Planning for multi-generational transfers may include:
- Estate Planning
- Beneficiary Management
- Insurance Strategies
- Tax Planning
- Succession Planning for Business Owners
- Education Planning
- Philanthropic Planning
- Trust Services
There is no guarantee that a diversified portfolio will outperform a non-diversified portfolio in any given market environment. Investors should be aware that investing based upon strategies or models does not assure a profit or guarantee against loss.