Fee-Only Financial Advisor Rhode Island – Eliot Rose Wealth Management
We often help with:
We’ll give you precise saving/spending targets that maximize spending, yet safely assure a lifetime of fund security.
More than just numbers, we custom tailor comprehensive plans that optimize both saving and spending.
New advanced tools now enable safer, high-return investments and unprecedented market insight.
We’re eager to hear about your financial goals and concerns. Let’s arrange a no-pressure get-together to find out if we’re a good fit for one another.
All new relationships begin with our financial planning engagement. We believe sound financial advice can only be provided after a deep understanding of your life.
Our financial planning process will include many meetings, each addressing a specific topic. Our meetings will generally follow the schedule below.
We will ask questions (lots of them!) to understand where you are today and where you want to go tomorrow. The information we gather will serve as the foundation of your plan.
We will walk you through a visual snapshot of your financial life on one single page. This ensures nothing is overlooked and gives us a shared understanding of your complete picture. Don’t be surprised if you have an ‘aha’ moment as you see how all the pieces connect!
This is where your financial plan starts to come to life! In this meeting, we answer the question: “Are we going to be okay?” We will show the current success of your plan, walk-through optimization strategies, and understand the decisions that create the biggest impact.
Life has many twists and turns. The goal is to have a general plan to protect against these “what-ifs.” It doesn’t need to be perfect – we will refine this as retirement unfolds.
Now that you have a successful plan in place, we want to strengthen it. Our goal is to align your portfolio with your goals and risk profile. There is a lot to unpack here, feel free to ask as many questions as needed!
We covered a lot up until this point. We will review our prior discussions and revisit our recommendations. If anything is still unclear, we want to walk through it. Our goal is to provide an education, not a booklet.
We’ll explain what our ongoing relationship looks like and how we continue to add value beyond the initial planning phase. This is where we outline our ongoing service model and ensure we’re aligned on expectations moving forward.
You’ve made great progress – now let’s talk about the fun part: accessing your money! We’ll bring in our Client Services Director, Kris Sao Bento, who will make sure you’re comfortable accessing your accounts and moving money between Schwab and your bank account.
This is a crucial meeting shortly after your retirement begins. We’ll discuss how retirement feels, review your cash flow, and address any questions or concerns you have as a new retiree. Our goal is to ensure your transition from work to retirement is seamless.
We’ll introduce a dynamic approach to monitoring your retirement plan. Instead of “probability of success” scores, we’ll establish dollar-based spending and portfolio guidelines that help you navigate market fluctuations with confidence.
