Retirement Readiness Assessment

As a Financial Planning firm, one of our most crucial and requested services is the creation of a Retirement Readiness Assessment. We use it as the core of our roadmap to retirement, forming the basis for decision making about what steps need to be taken to reach retirement goals.

To begin with, we do a comprehensive Fact Finding with new and prospective clients to gather all of the details of a household’s financial life: from income and expenses to risk tolerance and investing history. These meetings are complimentary. In-person meetings with the advisor usually take 60-90 minutes. Alternatively, clients who prefer to work remotely can complete a questionnaire online.

We then create projection of income from all sources into the future. This includes everything from employment income and social security to investment and insurance returns, adjusted for compounding interest and tax impacts of using different investment vehicles.

Our prices are always transparent and straight-forward. Meetings, phone-calls, and implementation are always free.

For clients who opt to have assets managed by Chaim Investment Advisors instead of hourly rate, we have a fee model with break points as followed for assets under management:

• $0 – $1,000,000: 1%
• $1,000,001 – $2,500,000: 0.85%
• $2,500,001 – $5,000,000: 0.8%
• $5,000,001 – $10,000,000: 0.75%
• $10,000,001 – $25,000,000: 0.70%
• $25,000,001 – and Up: 0.65%