Financial Modeling
At Paradigm, our Advisors work to create your unique financial model to navigate things such as:
What options are possible to create the life you imagine.
Planning for financial independence and potential early retirement
Planning for retirement and setting-up income distribution from the portfolio
Major expenses such as education, weddings, vacations, and second homes
Retirement planning is a central part of the financial modeling process. We help clients evaluate retirement timelines, determine sustainable income from investments, coordinate Social Security and distribution strategies, and align retirement goals with their overall wealth management, tax planning, and estate planning strategies.
Financial independence means having sufficient assets/income to cover living expenses without the need to work. In other words, working becomes a choice. If the goal is financial independence – we will help by setting firm targets to help guide you along the right path.
Because financial independence is a big-picture pursuit, we encourage annual goals and targets. Goals and targets are typically based on maintaining a certain standard of living for the remainder of your life by determining how much to save annually. We help track your goals and targets during our review of your financial model. By reviewing the model regularly, we help your stay focused on the goal and hold you accountable.
Common retirement planning and financial independence questions:
How much money do I need to retire and preserve my standard of living?
Can I retire early?
What will retirement look like with my current portfolio?
How much income can safely be distributed from my portfolio?
What is the impact of working longer or working during retirement?
When should I begin taking Social Security?
Are my short-term goals and “bucket list” items achievable? Can I build a cabin, finance my grandchildren’s education, or take a family trip to Europe?
How can I minimize tax exposure?
What if I want to change careers in mid-life?
Take Control of Your Wealth Journey Today
Let the Paradigm Team create a tailored financial model to guide your path toward prosperity.