Financial Planning - IPI in San Antonio Texas
Phase I – Accumulate
In this phase you are working hard to build assets but also spending to pay the rent or mortgage, save for college and, hopefully, setting aside money for retirement. In this phase, every dollar counts – and dollars invested early will work hardest for you. Did you know that just $100 invested at age 35 could be worth about $1,750 at retirement?
Phase II – Spend
Phase two is retirement, when you’re likely living on a reduced income but now have the time to do things you enjoy. If you’ve planned adequately, you’ve factored in the potential for higher medical expenses along with your monthly bills and have enough extra money for a good quality of life. \
Phase III – Release
Upon your death in the Release phase your heirs and designated charities will benefit from your generosity. Tax-efficient estate planning gives you the satisfaction of giving a leg-up to your children or grandchildren and a little bit of hope to the less fortunate.