Anthony (48) and Jenny (46) - The Middle Aged Family

*Disclaimer: All scenarios are entirely hypothetical and the individuals/families described are not real clients of Palo Seco Wealth Management. Nothing in these case studies should be construed as a guarantee of results/outcomes of, or satisfaction with services provided by Palo Seco Wealth Management.

Background

Anthony and Jenny have 2 children ages 15 and 10. Anthony is a Field Operator for a Utility company and Jenny is a Medical Assistant. They live in a suburb of Los Angeles. They attend church and have a busy schedule with the kids' activities.

Client Need

Anthony and Jenny reached out to Palo Seco Wealth Management (Firm) because they are not sure if they are on track for retirement which is still some time away but they wanted help getting a plan in place to ensure that they had sufficient money on which to retire.

Initial Complimentary Consultation

I held an initial complimentary consultation with Anthony and Jenny and discussed with them how my Firm is different from most since it approaches planning from a Christian perspective. I asked them about their experiences with money since these shape many of our money beliefs and whether they currently applied biblical principles to their views on money. They answered that they were familiar with staying out of debt (and that they needed help with that) as well as giving by setting money aside systematically. The conversation continued with both spiritual truths as well as practical solutions we would implement if they chose to hire us. They decided to move forward and hired us.

Planning and Implementation

Once I had gathered all their financial documents and knew their goals and personal convictions, I built a financial plan that identified several blind spots in their protection planning, estate planning, tax planning and investment planning. Additionally, we unlocked their retirement plans so that they can now give a small portion (half of our fee .35%) to the ministries they support. They now get to add to their Kingdom investments that are eternal. In their case, they had $560,000 in retirement accounts, so they are giving an additional $1960 a year to their church for Kingdom work.

"Will you help me if I'm not a Christian?"

YES! Regardless of your beliefs or faith, we have always and will always be committed to serving clients with professional financial advice and genuine care. We will treat you the way we want to be treated. Since biblical principles such as avoiding the use of debt and stewardship are in fact part of Professional Financial Planning you will be We are equally committed to providing our services to anyone who can benefit from them.

We live in a world that is increasingly divisive but that is not how we run our business.

If while navigating our website you find yourself doubting whether or not Palo Seco Wealth Management can work with you, we promise we can. We treasure the relationships we have with each of our clients, and we take pride in serving a diverse client base. If you want financial planning that is guided by timeless wisdom, we can be your partner in navigating the complexities of finance with wisdom and in ways that will lead to the flourishing of you and your loved ones.

We promise to do this with excellence and genuine care for you.