Caroline Thio is a Senior Client Services associate with over 10 years of experience in the wealth management industry. Lynn worked with Caroline at another firm and was able to view Caroline's dedication to delivering exceptional and considerate client services first hand. We feel fortunate to benefit from her expertise and commitment to excellence at Opp Retirement.
Caroline has a Bachelor of Science degree from the University of the Pacific in Business Administration. She is a long-time local resident with deep ties to her church and community. She enjoys traveling, gardening, reading and spending time with family and friends.
64-year-old Bill has enjoyed a successful career and has worked for several well-known corporations. As a result, he benefits from a steady paycheck that provides a sense of security and accomplishment. Add to that the convenience of direct deposit, and it’s easy to see how he’s become used to a predetermined sum of money showing up in his bank account each month.
To help answer Bill’s question, we used retirement income planning to consider all his retirement assets and the right amount to consistently withdraw in order to create a “retirement paycheck” that can be deposited monthly into the bank account of his choice. This will enable him to keep paying his bills online and enjoy other convenient banking functions to which he’s grown accustomed. Ultimately, it means that Bill’s financial life will remain as familiar in retirement as it does today.
We also discussed plans to help protect his assets if he were to become ill and require long-term care. And since his wife always worked in the home, we also showed him how to help ensure the “retirement paycheck” kept coming if anything ever happened to him.
What’s your question?
This case study is for illustrative purposes only. Individual cases will vary. Any information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. Prior to making any investment decision, you should consult with your financial advisor about your individual situation.