Retirement

Latest Summer 2017 Quarterly Newsletter In this issue, David Greene, CFP, reflects on current markets and how to prioritize what will actually impact their growth and stability. Kevin Donovan, CFA, discusses P/E valuations and how they compare in today's market environment. With many children heading back to school, it is important to be aware of possible pitfalls to avoid while utilizing financial aid so read How Assets Impact College Aid Eligibility on FAFSA and CSS Profile. Finally, see what the CJM Team and their families were up to this summer! October 2017 Audio Update Dave, Kevin, Tracey and Tim share their thoughts on the markets so far this year, expectations for the remainder of the year, an update on Congressional bills making their way through Congress and finally some thoughts on protecting your credit given the recent Equifax security breach. Newsletter & Podcast Archive

The Situation

Ann, a successful government executive, was considering retirement. As a transplant to the DC area, Ann envisioned spending her retirement with her children and grandchildren, but would need to relocate from the DC area in order to do so. Ann was concerned that she would not be able to replicate her pre-retirement income in retirement and was unsure as to how she would generate the income from her portfolio to do so. After attending a retirement seminar and leaving with more questions than answers, she turned to CJM for a second opinion.

The Solution

The first step was to create a balance sheet which included a comprehensive list of assets and liabilities. From there, it was determined that a rental property that was previously thought to be underwater could be sold at a small profit. Compiling pension projections and Social Security benefits, we determined how much income Ann would need to generate from her investment portfolio. CJM then created a customized income plan that would provide Ann with the cash distributions from her portfolio to meet her income needs.

Value To The Client

CJM’s analysis provided Ann with the critical information she needed to move on to the next phase of her life. With CJM’s experience and guidance, Ann was able to feel confident in her financial ability to retire and to live the life she had always dreamed.

More Solutions

At CJM we understand that no two clients are alike and real world problems require practical and timely solutions. The CJM team brings together the best and the brightest in the areas of investment, tax, insurance, financial planning & wealth management to resolve each client’s particular issue(s).