Case Studies
From Downsizing to Opportunity
Can we find a Trusted Guide after getting downsized?
Their Goals
Richard and Linda approached us after Richard found himself downsized in a reorganization after 30+ years at the same Fortune 500 company. Linda ran a successful small business, and they needed help understanding their financial options. While retirement was on the horizon, Richard still had a strong desire to work, and they wanted to make the most of this transition period.
The Challenge
After decades with the same company, Richard and Linda faced several major decisions:
- What to do with their 401(k) and pension
- Whether their accumulated savings could support their lifestyle when Richard retired
- How to maximize their Social Security benefits
- How to structure their investments and optimize their taxes
- How to ensure their estate plan would support and protect their three children
Our Approach
Matt took time to understand Richard and Linda’s situation, explaining their options clearly and helping them make the most of their options with:
- Detailed explanations of their choices and decision points
- Comprehensive guidance on investing, taxes, and Social Security decisions
- Using review meetings to answer questions and offer education on retirement
- Including their children in planning discussions when appropriate
- Connecting them with trusted professionals for specialized needs
The Goal
Help transform Richard and Linda’s uncertainty about their next chapter into a clear vision for their future. Our collaborative approach aims to enable them to:
- Make financial decisions with confidence and clarity
- Know their retirement strategy is tax-optimized and ready for future needs
- Focus on family and career without worrying about their next steps
- Give generously while minimizing taxes
- Have peace of mind about their legacy for their children
- Enjoy working because they want to, not because they have to
Hypothetical scenario disclosure: All content is for information purposes only. It is not intended to provide any tax or legal advice or provide the basis for any financial decisions. Nor is it intended to be a projection of current or future performance or indication or future results. The information provided is not based on actual current or past clients. All situations are unique, and results will differ depending on individual situation.
