Complimentary retirement plan review

Do you have enough to retire?

The answer comes down to three numbers: what you will spend, what comes in from Social Security and any pension, and how long your savings have to cover the difference. Brandon Lloyd, CFP®, works through them with you and puts the answer in writing.

  • Your own number, not a rule of thumb
  • Your income lined up year by year, so you can see where it comes from
  • What to change if there is a gap, and what to leave alone if there is not
  • Complimentary, with no obligation
Brandon Lloyd, CFP®
Brandon Lloyd, CFP®Fiduciary advisor · 6001 Tower Ct., Alexandria · Call or text (571) 368-6178

Find out if you have enough

Request a complimentary plan review. Brandon will call you himself to set a time. No cost and no obligation.

We use your details only to answer your request. Prefer to pick a time now? Schedule a meeting.

Why rules of thumb fall short

You have probably seen the shortcuts: save 25 times your spending, withdraw 4% a year, replace 80% of your income. They are averages. Your retirement is not an average, and here is where the shortcuts break down.

The order of returns mattersTwo retirees can earn the same average return and end up in very different places. Poor markets in the first few years, while you are withdrawing, do far more damage than the same losses later. This is called sequence of returns risk.
Inflation compoundsAt 3% inflation, something that costs $1,000 today costs about $1,800 in 20 years.1 A withdrawal that feels comfortable at 65 buys much less at 85.
You may live longer than the averagePlanning to an average life expectancy means many people outlive the plan. For a couple, the chance that one of you lives into your 90s is higher than most expect.
Spending is not levelMany people spend more in the early, active years and more again on health care later. One flat number hides both.
Not every dollar is spendableMoney in a traditional IRA or 401(k) is taxed as it comes out. What you can spend depends on which accounts you draw from and when.
A rule cannot see your lifeYour pension, your spouse’s benefit, the house you may sell, the help you give family. None of it fits in a formula.
No two answers are the sameTwo households with the same savings can get opposite answers.

A rule of thumb gives one number with no margin for any of this. A review tests your plan against it, using your figures.

What changes the answer

When you claim Social SecurityClaiming later raises the monthly benefit for life, and for a surviving spouse. The right age depends on your health, your savings and your spouse.
How long you keep workingEach extra year adds savings, shortens the years your money must last and can raise your Social Security benefit.
What you really spendMost people guess low. We build the figure from your actual bills, then add health care, travel and the things that come up.
How your money is investedToo much risk can force you to sell at a bad time. Too little can leave you short later. The mix should fit the income you need.
Which accounts you draw from firstThe order you use savings, IRAs and Roth accounts changes how long the money lasts.
What you pay in feesA 1% advisory fee on $1 million is $10,000 a year. Ours is 0.35%, or $3,500. The difference stays in your plan.

Why a review beats a calculator

An online calculator applies one set of averages to everyone. A review uses your Social Security record, your accounts, your spending and your plans, and tests them against poor markets and a long life. You see the result in plain terms: on track, close, or what would have to change.

How it works

1. A short callBrandon calls to learn what you want answered and sets a time to meet.
2. Your plan reviewWe go through your spending, income, Social Security and investments together.
3. Your answer in writingA written summary of where you stand. What you do with it is up to you.

Common questions

Is the review really complimentary?

Yes. There is no cost for the review or the written summary, and no obligation to become a client.

Do I need a certain amount saved?

No. There is no account minimum, and the question matters at every level of savings.

Do I have to move my accounts?

No. The review looks at your accounts where they are. Moving anything is your decision afterward.

How are you paid?

For managing investments, an advisory fee of 0.35% a year, billed quarterly. If an annuity or other insurance product fits part of your plan and you choose to buy it, Brandon is paid a commission by the insurer, and he tells you so before you buy.

What should I bring?

A recent statement for each account, your Social Security estimate if you have it, and a rough idea of what you spend each month. If you do not have them yet, come anyway.

Find out where you stand

The review is complimentary, and Brandon will call you himself.

Request My Plan Review

Or call or text (571) 368-6178

Call or text (571) 368-6178