Our Planning Process

We help you secure your financial future so you can experience a successful retirement!  We believe that planning for retirement is a Five (5) Step Process.

1. Discovery
   • Complimentary one-hour consultation.
   • Get to know each other.
   • Focus on your specific needs and retirement goals.
   • We identify and prioritize your goals.
   • We analyze your current situation.
   • At this meeting, you will bring all financial data, such as 401K statements, bank statements, investments, tax returns for past two years, and other important related financial information.
2. Strategy
   • Analyze all of the data from Discovery Meeting.
   • Develop strategies with our comprehensive planning.
   • Produce a retirement plan that is aligned with goals, financial resources, and risk tolerance.
   • Meet and review strategies (this may take several meetings to review depending on the complexity of the plan).
   • We will meet, discuss, and tweak the plan until it is ready to implement.
3. Implementation
   • We start implementing the plan, which will involve paperwork, depending on what options are chosen.
   • Once all paperwork is completed, then Richardson Retirement Solutions will do the rest!
   • If the plan is complex, we will do the implementation in stages by priority.
4. Monitoring
   • We feel that defining your goals and monitoring your plan are very important steps in your retirement planning process for long-term success.
   • We meet our clients face-to-face for annual reviews.
   • Our clients will have access to our Client Portal where they will see all of their accounts in one place (updated weekly).
   • Our clients will receive monthly, quarterly, or annual statements depending on the type of accounts they are invested.
   • Richardson Retirement Solutions is always available for our clients by email, office phone, or cell phones!
5. Retirement Income Distribution Planning
   • This step is very crucial when it is time to set up your retirement income with distributions from Investment Accounts and other Income resources.
   • If this step is done incorrectly, it can be devastating to the best made retirement plans!
   • Depending on your situation, there will be accounts that you have that should be withdrawn from in a certain order to maintain the efficiency and longevity of your accounts.
   • At Richardson Retirement Solutions, we help our clients determine the most efficient and effective distribution plan for their retirement income.
   • If you are already retired, we can help you manage your retirement plan along with making sure that you are withdrawing in an efficient manner.