Join hosts Darrin McComas and Jason Fox, as they continue breaking down The Bucket Plan® financial planning process.

This episode covers step three of The Bucket Plan® process, the “Deliver” phase, where we present and deliver the personalized, holistic financial plan we’ve developed for you.

Key Topics Discussed:

Understanding Your Risk Tolerance: Learn about our Volatility Tolerance Analysis, which will help assess your comfort with risk across different time horizons.

Creating Your Custom Plan: We'll explain how we take all the information from our previous meetings to engineer a financial plan tailored just for you.

Presenting Your Financial Blueprint: Find out how we'll walk you through your comprehensive plan, addressing your specific concerns and priorities for retirement.

Planning for Your Retirement Phases: Understand the three phases of retirement - your "go years," "slow go years," and "no go years" - and how we'll help you plan for each.

Maximizing Your Retirement Income: Learn about our strategies for tax-efficient distribution planning to help you keep more of your hard-earned money.

The Power of Tax Planning: Discover how proper tax planning could potentially save you tens or even hundreds of thousands of dollars over your lifetime.

Optimizing Your Savings and Withdrawals: We'll introduce you to our "funnel" concept for managing your money tax-efficiently during both your saving and spending years.

Join our hosts Darrin McComas, BPC and Jason Fox as they continue breaking down The Bucket Plan® financial planning process step by step. This episode covers step two of The Bucket Plan® process, known as the “Design” phase, where we analyze all your assets and how they come together to formulate your holistic plan. Key Topics Discussed: Overview of The Bucket Plan® Process: A recap of the previous episode on “Discovery,” phase and each step of the planning process: Discovery, Design, Deliver, Dedicated. Document Analysis: Carefully reviewing your financial documents to gain a complete understanding of your current situation. Organization: Helping you structure your financial information using our Family Estate Organizer, ensuring everything is accessible and clear to preserve your legacy. Risk Assessment: Using our proprietary Volatility Tolerance Analysis to determine your comfort level with risk across different time horizons. Asset Categorization: Introducing you to our Bucket Plan philosophy, showing you how to categorize your assets for Now, Soon, and Later needs. Investment Education: Guiding you through our Pyramid of Risk, helping you understand various investment types and reflect on your past experiences. Visual Planning: Creating a personalized sketch of your Bucket Plan, giving you a clear visual representation of your financial strategy. Discover how our Design phase creates the blueprint for your customized holistic plan and sets the stage for the next phase of the process.

Hosts Darrin McComas and Jason Fox explore the intricacies of the holistic wealth management process through the widely acclaimed financial process, The Bucket Plan®.

Their discussion offers a comprehensive look into the first, crucial step of financial planning called the discovery phase. This episode is a must for anyone interested in gaining a deeper understanding of what to expect during the discovery phase of holistic wealth management and the value of holistic, personalized financial planning.

Key Topics Discussed:

Introduction to the Discovery Process: Darrin opens with the purpose of the discovery step in understanding clients' financial goals and preparing a personalized plan.

Role of Prosperity Capital Advisors: How the Registered Investment Advisory (RIA) firm Evergreen Wealth Advisors use, Prosperity Capital Advisors, offers support to advisors’ compliance, trading, reporting, and portfolio management to focus on client service.

Importance of Tailoring Financial Plans: Darrin emphasizes how personal finance is more personal than finance and should focus on the client's specific needs, goals, and personal circumstances for effective planning.

Navigating the Discovery Meeting: Darrin discusses how he sets the agenda for discovery meetings, ensuring alignment of goals, and establishing a comfortable environment for open communication about financial aspirations and concerns.

Pre-Discovery Consultation: Darrin and Jason discuss the precursor to the discovery meeting, where advisors evaluate how they can serve potential clients and determine the appropriateness of proceeding to the discovery phase.

Stay tuned for future episodes describing each step of the holistic wealth planning process!