Ways I Can Help

Life Expectancy

Healthy Life Expectancy– Health expectancy breaks-out expected future lifetime into components. For example, years of healthy life versus assisted living. We (you and I working with your other advisors) can do the best we can to base this on your situation. We can incorporate your own assumptions and of course your own family circumstances.

Assistance in the identification and quantification of risk, programs to reduce risk, and programs to insure against risk, such as:

• Should I switch  to my company's new cash balance retirement plan or accept their offer to      be grandfathered under the old defined benefit plan?
• Does my financial plan include the proper type of life insurance? If so, does the      policy I have represent the best value today?
• How do I   determine how much life insurance I need and of what type?
• Is it time to  sell my life insurance policy because I no longer need it? Is the      prospective buyer’s offer a fair shake?
• How do I know if  I need long-term care insurance? If I do, what kind of benefit period is      most appropriate for my situation and how much coverage is needed?

The proper and fair determination of the value of financial claims. Evaluation of retirement options, early retirement and golden parachute offers, valuing legal entitlements (personal injury, divorce (Qualified Domestic Retirement Orders (QDRO’s), structured settlements, etc.), and assistance in accurate determination of Social Security benefits. 

Expert witness services.   

Pension and post-retirement benefit liabilities in mergers and acquisitions.

Assistance in structuring and/or evaluating various scenarios for projecting the adequacy of an individual's future income and net worth to support a given level of expenses (lifestyle). Help with alternative asset allocation strategies to minimize the probability of "outliving one's assets." Asset allocation across broad classes of investments is often far more crucial to success than the actual specific investments. Using historic long-term perspectives and outlooks for the future I can support your investment advisors. 

While not a professional tax advisor or expert, I can assist in clarifying such areas as estate and gift tax consequences for different financial plans, the deferred taxation of "qualified" plans, and in the preparation of some tax returns.