Let's assume you're at a point in your
life when you want to understand what
the next chapter might look like. Well,
you can figure some of that out with a
planner, and this is a quick preview of
what it might be like to work with me. Of
course, the whole point behind this is
that you might have some big questions
on your mind, like When can I retire, or
How should I invest, or Somebody told me
to do "X," and is that a good idea? We
want to get you the answers to all of
those questions and take any action that
might improve your chances of success.
That way, you can go about your life
doing what matters most. That might be
spending time with loved ones, or getting
outside and having fun, or giving back to
the community. Whatever it is for you
I'll briefly mention that I'm Justin
Pritchard I'm a Certified Financial
Planner (CFP®) with 15 years of experience. I'm
what you call fee-only, so I do not
receive any commissions for selling
investment products. Instead, for example,
you might pay a flat fee to work with me
or I might receive compensation from
assets under management. But you don't
have to transfer assets to me or invest
with me if you don't want to.
That's totally up to you. I'm in western
email, etc. It might be technology similar
to what we're using right now. It all
starts with a brief chat, so to do that,
you pick a time that's convenient for
you and we can do it the old-fashioned
way, going back and forth picking a time
by email — more than happy to do that
really — or you can pick a time on my
online calendar if you want. That's
an easy way for you to see what's
available and what might work best for
you. Then, we can do that meeting by phone
if you prefer, or we can do a video
meeting, and that way we have that
face-to-face interaction if that's
something you would enjoy. Again that's
totally up to you. If we decide to work
together, then we begin the planning
process. Again, that can be in-person
or virtual if you can't meet in person. I
think you'll still enjoy the virtual
meetings
You know, in the olden days, you would
drive over to an office and park and go
inside and have the meeting, and then
reverse the whole thing to get back home
or wherever you were going. And there are
pros and cons to that, of course, but this
is a still an effective way to have
meetings, and might be even better — who
knows? If you just finished a bike ride
or something and you don't want to go to
somebody's fancy office, you don't need
to do video if you don't want. By the way,
we can just talk on the phone, but if you
do decide to do video, you can use most
mobile devices to do that. You don't need
special equipment or a microphone or
anything like that. Again, it's
totally up to you if you want to do
video. And, just so you know, the meetings
are in an end-to-end encrypted
connection, and that way, your neighbors
don't get to know your business. I will
probably need some information from you
to complete your planning, so those are
things like account statements or your
Social Security estimate - things like
that. You can of course hand those to
me in person, or fax them, or mail them
But I also have a secure file-sharing
vault where you can upload that
information securely over an encrypted
connection. Totally up to you how you
do that. The goal is just to have a
number of different options where you
can securely get it done
We want to minimize the amount of
clutter and things that are sitting
around and waiting to get done. I just want
to make it as easy as possible for you
to drag and drop those documents to
where they need to be. After I do my
analysis, I look at everything with our
discussions in mind - your goals and hopes
and needs, and we meet to review the
findings. This is just a quick preview of
what some of the output might look like.
It shows you how things are looking on
your current path, and if I can
suggest any changes, we can see how that
might improve things. Then we can take a
look at a lot more details, like how
things might unfold year after year.
Of course, we're never going to get the
details perfect because we're predicting
the future. But we make some educated
guesses. What about the investments? If
you choose to have me manage
investments then we typically do that at
TD Ameritrade and you have your own
login so that you can go in there and
see your accounts and there's a
different third-party site that has
performance reporting and all of the
billing details you would ever want. That
helps to keep everybody honest. I can run
reports for you on-demand as well
whenever you want so you can certainly
keep tabs on your accounts if you're not
managing them yourself. The type of
investing we do is a pretty textbook,
plain vanilla, evidence-based, long term
investing. In other words, it's pretty
boring. We keep the costs low with ETFs (or
exchange-traded funds) and low-cost
mutual funds, Again you don't pay any
commissions when I invest the money or
if I move it from one thing to a
different one. Fees are important
because you need to know exactly how
much you're paying, and who you're paying
it to, and where the money comes from.
That's a big deal, so that is all spelled
out in your agreements, and the
agreements you can do on paper and pay me
with a paper check (personal check) if
that's what you prefer, or we can do it
in a more high-tech way. That's kind of
nice because it steps you through each
portion of the agreement and you make
sure you touch on everything that needs
to be initialed - not that there are that
many things - and again, it spells out
exactly what you're going to pay. So, I hope
that paints a picture of what it might
be like to work with me. Now, that might
leave us in one of two places: If you are
ready to take the next step, that's great!
You can pick a time on the calendar or
just start the conversation. I very much
look forward to it. If you're not ready
just yet, I understand.
Feel free to take a look at some of the
complimentary downloads. These are quick
reads - it's like a brief ebook that goes
over some really important retirement
concepts and shows them to you with
great graphs. I think you'll really enjoy
those, and that can help us keep in touch.
I know the Internet is a big place.
I would hate for you to have wasted this
time that we already spent with you
getting to know me, so I don't spam
you or anything, but we can at least keep
in touch, and hopefully we'll talk later.
And if not, that's great too. So, I hope
you enjoyed this - thanks for watching!
!