Meet Matt and Amanda, a mid-60’s couple with over 2.75 million dollars of investable assets. With two children and four grandchildren, Matt and Amanda want to ensure their hard work will pay off. By reducing taxes, creating a solid investment plan, and understanding their income strategy, Matt and Amanda have the confidence of knowing that their financial plan is sustainable and that they can relax and enjoy life on their terms.

Portrait of a senior mixed race couple enjoying their time at the garden, embracing, looking at the camera and smiling, on a sunny day

Matt & Amanda

67 & 62

Combined Annual Income:
$100,000 (Pension & Social Security)

They have two adult children and four grandkids.

Current Investable Assets:
$2,750,000 excluding their residences

Primary Goal:
Reduce taxes, improve investments, and create a reliable income stream in retirement.

Their Story

Keystone Financial Partners

Matt devoted 38 years to his company before deciding it was time to move into the next phase of his life. Now that they are officially retired, they have lots of plans for the future.

With both of their children grown and independent, they were looking forward to traveling, golfing, and giving back to their community.

Matt’s retirement package included a 401(k), stock options, and a pension. They had also accumulated additional brokerage accounts over the years. They were hoping to put these assets to work so they could enjoy a comfortable future filled with all the things they dreamed of doing.

Like so many people, they weren’t quite sure what the best way to access these funds would be and needed some advice as to what investment options were now available to them.

At the end of the day, they wanted to ensure that their retirement plan not only enables the lifestyle they have always envisioned in retirement but that they have a plan to make sure they never run out of money.

It was important to help make Matt & Amanda’s retirement planning process easy, enjoyable, and stress-free.

To avoid any major surprises, the first step was to identify any potential tax challenges they may soon face.

Working together with their CPA, the retirement planning process involved:

  • Compiling all the information Matt needed from his company’s benefits administrator
  • Summarizing all the options available to them along with any corresponding tax ramifications
  • Establishing new investment/retirement accounts
  • Strategizing a withdrawal plan to provide them with a reliable income stream

Being able to see and understand all of their options removed a lot of worries. They were able to move forward with their plans, confident in knowing that they would be well looked after.

The solutions adopted by Matt & Amanda helped them in many ways:

  • They were able to reduce taxes now and in the future,
  • They have an investment plan in place across their accounts, that’s been properly coordinated with their estate plan wishes
  • They have a full understanding of where their income will come from and the confidence to know they won’t outlive it

Today, Matt & Amanda are having the time of their lives. They live the life they happily built and spend time with their grandchildren every chance they get.

They have the confidence of knowing that their financial plan is sustainable and that they can relax and enjoy life on their terms.

We review their retirement plan and investment portfolio regularly. It’s important to make adjustments, especially when there are changes to tax and estate laws.

This is a case study and is for illustrative purposes only. Actual performance and results will vary. This case study does not constitute a recommendation as to the suitability of any investment for any person or persons having circumstances similar to those portrayed, and a financial advisor should be consulted. This case study does not represent actual clients but a hypothetical composite of various client experiences and issues. Any resemblance to actual people or situations is purely coincidental.

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