State of Residence (In Retirement)
Sources of retirement income
Social security optimization
Other assets (real estate, illiquid investments, etc.)
Current cash flow analysis
Health care costs (Medicare Part B, D, Medigap, Out of Pocket)
Basic retirement needs (food, clothing, shelter, taxes, utilities, etc.)
Expectations of what retirement will be like
General concerns or worries about retirement
Leave bequest/charitable giving
Providing care for parents
Liabilities Required for Plan:
Alimony or other recurring obligations
Client market risk/loss tolerance
Impact of additional savings
Impact of asset allocation
Impact of lower returns on plan
Impact of long-term care needs
Impact of unexpected losses on plan
Impact of premature death on plan
Likelihood of funding all goals (Monte Carlo)
Likelihood of funding basic needs (Monte Carlo)
Impact of sequence of returns on plan
Impact of concentrated stock exposure to plan
Impact of cut to social security or pension to plan
Creation of Withdrawal Policy / Investment Policy Statements
Social security optimization