Vision Quest Process

What to Expect

Vision Check Initial Meeting

Understanding You
and Your Needs

45-60 minutes
via video call or in person

  • Get to know us and our company

  • Share with us your dreams and vision for your ideal life

  • Share with us your major financial concerns

  • Initial review of your current planning and investments

Vision Check Meeting

Identifying
major issues

45-60 minutes
via video call or in person

  • Risk analysis

  • Cost analysis

  • Tax analysis

  • Income analysis

  • Identification of areas of potential weakness

  • Summary discussion of potential solutions

Vision Conversion Meeting

Converting your vision to
help it become your reality

45-60 minutes
via video call or in person

  • Review of recommendations

  • Income plan

  • Tax strategies

  • Estate plan

MANAGING YOUR RESOURCES

Making smart choices about your money and investments is extremely important. While most investors have a basic understanding of stocks, bonds and mutual funds, not that many are well-versed in advanced investing concepts such as private equities, private credit, private real estate, structured notes and other strategies.

At Maggard Wealth, we believe there are many compelling alternative investments that have risk-adjusted returns and low volatility.
Can any investment portfolio be optimally managed without considering all the available alternatives?

Preparation begins with a plan.

CREATING AND UPDATING YOUR INCOME PLAN

Will you have enough money not only to maintain your lifestyle for the rest of your life, but will you also be able to keep up with inflation?

How will you generate the income you need without worrying about running out of money with today's inflation rate? We can create and update an income plan that can give you the confidence you may be looking for to get you to and through retirement.

Build your ideal retirement today!

USING TAX SAVVY STRATEGIES

We have never had a client ask us to help them pay more in taxes than they are legally obligated to pay. Yet, if one does not take maximum advantage of our voluminous tax code, they could wind up paying more than they otherwise should.

Our team helps make sure that our clients position their assets correctly and take advantage of available tax reduction strategies to benefit them and their families.

Maggard Wealth Management  and Singer Wealth Advisors are not tax professionals. Please contact your tax professional before making any decisions that may have tax consequences

PREPARING FOR FUTURE HEALTH CARE NEEDS

According to a recent study by Fidelity2, it is estimated that the average couple aged 65 who retired in 2022 would need $315,000 (after tax) during their retirement years just to cover health care costs.

People are living longer, which means an increased likelihood of needing long-term care at some point. Whether one needs home care or facility care, the costs can be expensive. Some people self-insure, others arrange their assets to qualify for Medicaid, while others purchase traditional long-term care policies. Some use innovative hybrid, no-load insurance contracts to provide additional funds in the event of long-term
care needs. Learning and understanding the different options can be especially important depending on your needs and desires. We can help you understand your options and pick which one is right for you.

2 Fidelity. “How to plan for rising health care costs.” Aug 2022 Study. https://www.fidelity.com/viewpoints/personal-finance/plan-for-rising-health-care-costs

LEAVING THE OPTIMAL LEGACY

Most people have very specific ideas of how they want their assets allocated at the end of their lives. This includes protecting their heirs from unnecessary probate expenses and the mismanagement of their assets. Others want to make sure their assets remain in their bloodline.

It can be especially important to coordinate both the legal and financial components of one’s legacy plan. Our Vision Quest process is designed to assist with those objectives.

Let's make a plan!

Start Your Vision Question Process!