Frequently Asked Questions
HOW ARE YOU DIFFERENT FROM OTHER ADVISORY FIRMS?
Purpose, Passion, Process
- Our Purpose: Making sure our clients, especially surviving widows, don’t run out of money in retirement
- Our Passion: Working with clients on a face-to-face basis, getting to know them, in detail, and only making recommendations in our clients’ best interests.
- Our Process: The Metrusky Retirement Services LLC Wealth Management Triad.
- Values, Decisions, Behaviors (Ethos)
- Leadership, Stewardship, Governance
- Plan, Protection, Portfolios
WHAT IS YOUR PROCESS?
- A Preliminary phone appointment to see if we might be a mutual fit (Or not. We won’t waste your time.)
- A Discovery Meeting to go more in depth about YOU.
- A Total Client Profile and a Proposed Financial Action Plan, both on one page.
- A Mutual Commitment (Engagement) to continue the Process (or not)
- We then Formalize a Plan, and if we mutually decide to continue with the next phase, Implement and Monitor the Plan for Success.
WHY IS PROTECTING YOUR ASSETS A TOP PRIORITY TO US?
- You can have THE best investing program, but if there is a vulnerability (a weakness that can be exploited ) in your protection plan, it won’t matter.
- There are a myriad of categories of potential vulnerabilities (We ask you about more than 20…) that can cause serious financial losses before, during, and even after retirement.
- We go over those with you, and can recommend possible fixes as part of the comprehensive plan. Those include any or all of the classic [Pure] Risk Management tools of “Avoid, Reduce, Retain, Transfer, and Share.”
WHAT IS YOUR INVESTING PHILOSOPHY?
- Investing has two components: Investors and Investments
- The dominant determinant of investment return is investor behavior.
- Again, starting with the End in Mind, which for Retirement Income, is increasing income to meet the ever-increasing expenses before, in, and after retirement.
- We believe only one major asset class can do that over time: equities.
- AND there are factors which can increase expected returns over time
HOW WILL YOU DETERMINE HOW MUCH I/WE NEED TO HAVE TO RETIRE?
- At our first meeting, we’ll sit with you and, based on the numbers on spending you provide us, we’ll accomplish our “Retirement Income Planning Estimation Worksheet.”
- We do this at no cost and no further obligation.
- As an added value, we’ll also provide an estimate of the average annual compound rate of return needed to meet your threshold.
- And we’ll do this, again, all on one-page.