b'work or what does it do? ask, Why would I do this in the The best way to get first place? on track is to stop asking the question You likely wont have the same investment allocation for all of your retirement. Our planning process adapts asof what and reflect life changes to help clients stay on track as their spending shifts year to year and decade to decade.on your reason why.Misguided decision-making influenced by theWhats Important to You?noise of the news. Our 24-hour news feed generates questions about makingWhen Rather & Kittrell works with new clients on an changes in reaction to current events. Inflation, taxinvestment plan, we first want to learn whats important code changes, the price of oil, fluctuations in the Dow,to that person and his or her family. international currency crises, a pandemic, warsall of these unsettle investors. Studies have shown that beingHere are a few things you may want to think about asdisciplined in the face of world events pays off in you plan.long-term value. SECURITY: Most dont want to run out of money or be How Long Will My Money Last? a burden to their kids. Plan to be independent.We have our clients begin by considering what is most importantRETIREMENT: Youve saved and invested, now howto them. What, specifically, do they want to accomplish usingdo you know if you have enough and when you canretire comfortably? Draft a timeline.this money? Once you have those insights, use them as the foundation of your initial retirement plan, balancing yourSELLING A BUSINESS: Youve built a business.desires with your assets and income sources. Think about what you can do with it in retirement.Investors are often intimidatedDEATH OF A SPOUSE: Planning ahead is crucial to about spending their assets,make this transition easier. Figure out where you stand fearful that they may outlive financially and what might need to change, depending on which spouse is left alone. Consider different ways to their assets. Their main concern:manage your financial affairs in various scenarios.wealth preservation. For our clients, an investment plan is just the start ofthe process. We help each client create an investment policy statement (IPS) that addresses each clients unique appetite for riskand takes into account the risk required to accomplish their goals. What Should I Anticipate?More than anticipating the future, a plan helps provide context as life changes. With a solid plan, youre not making reactive decisions in a vacuum but through the lens of the goals you want to accomplish.An inheritance, a death, illness or loss of a careerthese are a few unexpected events that can change your future. Selling a business is always a reason for recalibration. And sometimes, people just have a shift in their priorities. Jay Slagle, Senior Advisor at Rather & Kittrell.'