Retirement Planning Approach

  • Get to know you, as well as you financial situation, goals, and concerns. This sets the stage for the plan.

  • To understand the full picture, we ask that you submit all financial information, from pension and social security to car loans. This is where the plan begins to take shape.

  • After the information gathering, we craft your personalized retirement plan. At this stage, we go over your plan, and become clear on the path to reaching your financial goals.

 FAQs

  • Retirement plans are free with any amount of investment with us, or any purchase of insurance. For example, if a client were to invest $100,000 under management with us, the retirement plan is built into the 2% assets under management fee. So, the comprehensive fee for all service is $2,000 in this instance.

  • Retirement planning involves assessing one's current financial situation, setting goals, and developing strategies to achieve them. It includes budgeting, saving, investing, and managing debt effectively to secure a stable financial future. Regular review and adjustments are crucial to adapt to changes in life circumstances and economic conditions.

  • In order to provide a comprehensive retirement plan, the following is needed:

    1. Income

    2. Expenses

    3. Balance Sheet (assets & liabilities)

    4. Tax information

    5. Retirement Goals

  • At MDCS, we believe that one cannot be successful without a detailed plan and vision for achieving that success. For this reason, everyone can benefit from a retirement plan.