How It Works
At On The Mark Money, when it comes to the very best in Financial Planning Plano TX clients and clients around the country praise the approaches we use to collaborate in creating your customized financial plan for growth and income at every stage in your retirement.
Pre Retirement
At On The Mark Money, there is no better time than the present to start retirement planning. Whether you work with us now or in the future, the earlier you start planning, the greater peace of mind you could have. Financial Planning Plano TX clients and clients nationwide want help making their retirement dreams a reality. Getting those financial markers achieved on time and oftentimes, sooner than expected. We also know that things change and what you planned for in the last ten years may have a completely different outlook now. How to adjust to the present and plan to target your future, here’s where we excel with strategy to get you there..
At Retirement
At On the Mark Money, we give special consideration to your retirement date as it is a very significant change to your lifestyle. It’s important to make that transition as smooth as possible, especially when it comes to the investing aspects that secure your retirement income. From the beginning conversations we have with financial planning Plano TX clients and those around the country, we help you by asking the right questions, we identify the gaps that may exist in your current planning, and provide a roadmap for both the short-term and long-term so you can not just survive in retirement but thrive in retirement.
Active Retirees
Most retirees have heard the conversations about withdrawals in retirement and what “most financial advisors” discuss whether it’s the 4% rule or 5% some other technique that gets to the optimally “safe” number to withdraw from a portfolio monthly – without causing a premature draw down that could lead to ultimately running out of money too soon. At On The Mark Money, whether it’s a Financial Planning Plano TX client or somewhere in the US, we walk our clients through some unique and vital conversations that pinpoint the facts and help eliminate the mistakes that many advisors made in 2008. You want a plan that weathers all retirement stages and all economic environments. Should an economic tsunami happen again, (2002, 2008, 2020, 2022) how will your portfolio handle the storms? “What if ” scenarios at the click of a button tell you where you could be. How could multiple negative sequential returns years in a row affect your portfolio as your taking out an income stream? That is the million dollar question, and we guide you in discovering your own personal answer.
Step 1 – Our First Meeting
As a Fiduciary and Independent Registered Investment Advisor firm, we work with clients nationwide and virtually via Zoom meeting only. This eliminates travel time with our meeting processes, which in turn eliminates added cost for our services, which we pass back to our clients. We use a top financial custodian to house our clients accounts with complete transparency; Charles Schwab & Company. We manage client accounts, we never have direct access to clients accounts or funds, other than for management and trading activities.
Our first Zoom call is a “Discovery conversation” to begin to highlight the important goals you would like to achieve, the basics on your current status and of course some very different thoughts about portfolios, risk, choices you might make (what if scenarios) to give us a clear perspective on your risk tolerance and specifically your answers, not ours, to get a better understanding of your situation.
We often uncover the facts that are important to you today, that may have changed over time and adjustments to your journey could require adjustments in your investments. It’s very important to identify the impact of this information BEFORE an economic event happens. This is the critical reason for our review.
What On The Mark Money does so well for financial planning Plano TX clients and those clients nationwide is to help them identify and eliminate undue risk, fees and problems before they happen, and in turn target their goals appropriately, and quite often, get them to their retirement and lifestyle goals in a shorter timeframe.
Our initial Discovery Zoom call is for 30 minutes. It is preferred that this meeting be with both spouses as answers differ and we like to be efficient with our time and we know you do too.