Success Stories- Lily

Doctor smiling at her office

Mid-Career, Needs answers to financial questions

 

Main Needs:

Reduce taxes, improve investments, and provide for her extended family.

The Challenge:

Lily found us through professional friends who recommended working with a NAPFA-qualified advisor who is FEE-ONLY with advanced training and experience. Chief among her needs was to improve the liquidity and diversity of their investments, reduce taxes, and provide for her extended family. However, her busy life left little time to figure everything out on their own.

 The Results:

When starting, Lily wanted more than just optimized investments. She wanted holistic planning that considered her entire financial picture. A comprehensive plan was set up that meet all her needs including:

  • Tax-advantaged investments that reduced risk and improved returns
  • Well-diversified liquid assets designed to match her goals
  • A strategy for on-going optimal rebalancing of her investments
  • Tax reduction through indirect Roth contributions, Roth conversions, Tax-loss harvesting, Social Security timing, and charitable giving.
  • Optimal insurance coverage and estate planning
  • Tax-free education plans for her extended family’s college expenses.

Lily now enjoys the peace of mind that results from a clear financial plan tailored to meet her needs, with more time to devote to her career and community.