The Power of Planning Series: Step Three — Locking it Down

  • Travel — I would need to know how often (how many times per year), for how long (for how many years into retirement) and for how much. These are the details that will allow us to establish the proper Targets.
  • Golf lifestyle — How often, how long and how much. There also might be the consideration of a club membership expense.
  • Care for autistic grandson — How often, how long and how much. In addition, there could also be potential estate planning needs to address being that your grandson is a special needs individual and what that could mean down the road. We would also like to get a better idea about your daughter’s situation so that we have an understanding of the family dynamic.
  • Charitable giving — How often, how long and how much. This one could become a very deep dive into estate planning and tax strategies. The solution could be very simple or it could be something for which much planning is in order.

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Ted Kerr

Ted Kerr

As the founder of Touchstone Capital, Inc., I have made it my life’s passion to help people achieve their dreams through more thoughtful investing.