Karl & Glenda, 55 - Teachers
Karl & Glenda are high school sweethearts who now have three kids in college. They reached out to our group after being dissatisfied with the level of service they were receiving from their previous financial advisor. We gave them a full retirement projection to estimate how much income they can expect in retirement. We reviewed Karl's CalSTRS pension, 403(b) & TSA accounts and Glenda's rollover 401(k) along with their current monthly budget. We assessed their risk tolerance, time frame, and if they were looking for more tactical or passive type of investments. In the end, we created a plan to manage expenses, correctly updated beneficiaries, and gave them a better understanding of their retirement picture.