Success Stories

Working Professional

Names and Ages: Jason (45) & Salli (42)

Introduction

Meet Jason and Salli, a successful, dual-income couple balancing demanding careers and a busy family life. As their income grew, so did their financial complexity. They wanted to make smart decisions to build long-term wealth while also preparing for major life events, like funding their children’s education and planning for retirement.

Challenges/Concerns

Jason and Salli had several financial goals but weren’t sure how to prioritize them. Their biggest concerns included:

• Making sure they were on track for a comfortable retirement while maximizing their investment growth.
• Funding their son’s future college expenses and supporting their daughter as she prepared for marriage.
• Managing taxes efficiently while making the most of their high-earning years.
• Protecting their family’s financial future through estate and risk planning.
  With so many priorities, they needed a clear roadmap to balance their financial commitments without sacrificing their lifestyle.

We worked closely with Jason and Salli to create a financial plan that addressed their key concerns. The plan focused on:

• Retirement Planning: Optimizing their 401(k) contributions, exploring Roth conversion opportunities, and diversifying investments for long-term growth.
• College & Wedding Planning: Creating a structured savings plan for their son’s education while ensuring they could contribute to their daughter’s wedding without disrupting their long-term financial security.
• Tax Strategy: Implementing tax-efficient investment strategies and maximizing available deductions.
• Estate & Risk Management: Connected them with an estate attorney to create a will, trust and power of attorney.  Also ensured they had adequate insurance to protect their family.

With a clear financial strategy in place, Jason and Salli took action by:

• Increasing contributions to tax-advantaged retirement accounts to ensure financial independence.
• Setting up and funding a 529 plan for their son’s education while allocating a separate investment account to help with their daughter’s wedding expenses.
• Restructuring their investments to minimize tax liabilities and increase long-term growth potential.
• Establishing essential estate planning documents, including a will, power of attorney, and medical directives.

Results

With a well-structured financial plan in place, Jason and Salli now have confidence knowing they are financially prepared for both the near and long-term future. They feel confident about their retirement path, have a solid strategy for paying for their children’s milestones, and know their family is protected. With their financial concerns addressed, they can focus on their careers, family, and the future with clarity and confidence.

This is a hypothetical situation based on real life examples. Names and circumstances have been changed. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investments or strategies may be appropriate for you, consult your advisor prior to investing.