Retirement Planning
Find a balance between mitigating retirement risks (longevity, health care, and investment) and meeting goals (lifestyle and bequests)
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Mark Shemtob
CFP®, FSA
146 Mackenzie Ln S, Denville, NJ 07834
My Approach
1. Initial free consultation. We talk first at no charge, to see whether my services are a good fit for what you need. 2. Engagement agreement. The agreement is written to be easy to read and understand, so each side’s responsibilities are clear. 3. Information collection call. This usually takes an hour. I learn about your specific situation and your goals. 4. Written summary. I send you a summary of our call so you can confirm I have the information right. 5. Analysis. I produce a quantitative, multiyear analysis of your financial situation. It is based on the information you provided to me and on assumptions about the future. 6. Discussion. We go over the results together. 7. Updates. I revise the analysis as requested and required. 8. Ongoing. You decide when and if you would like to keep working together.
The Clients I Serve
Pre-Retiree, Retirees or Seniors
Major Milestones I Specialize In
Our 7 Steps to Financial Planning
Certified Financial Planners have a proven blueprint for success—but your planner builds it entirely around you.
Summarized from the CFP® Board's Practice Standards. cfp.net
My Process
I work with individuals and couples who are planning for retirement or already have retired. I do not manage their investments or sell any investment or insurance products. My clients manage their own investments or use investment advisors. What I provide is independent expertise on the many other parts of retiree financial planning. I offer a free Retirement Planning Primer you can request. My services work best with clients that prefer independent expertise and guidance as opposed to significant hand holding. I can help them address the following and other retirement focused questions 1. Am I financially ready to retire? 2. When should I start collecting Social Security benefits? 3. What is an appropriate amount of investment risk in my situation? 4. How can I prepare for Long Term Care expenses? 5. Should I consider Roth conversions or other tax saving strategies? 6. Should I consider purchasing an annuity? If so which type? 7. How do I choose between a pension lump sum or annuity payout option? 8. Can I start gifting funds to my heirs? 9. Do I still need life insurance? 10. Should I consider a reverse mortgage? 11. How might I plan for bequests? I serve strictly as a fiduciary to provide unbiased advice on an hourly basis.
Disclosures
This material is provided for informational purposes only and does not constitute investment, tax, or legal advice. It is not a recommendation or solicitation to buy or sell any security, insurance product, or investment strategy. Past performance does not guarantee future results. All investing involves risk, including the possible loss of principal. Tax and legal matters are outside the scope of this engagement; consult your attorney, accountant, and other qualified professionals before making financial decisions. Additional information about this financial professional, including registration status and disciplinary history, is available through FINRA BrokerCheck and the SEC Investment Adviser Public Disclosure website.