WHY

Why would two well-known scientists and two successful financial advisors join forces to create a new financial planning firm? 
 
Let's explore the why...
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When it comes to their financial future and well-being, whether they realize it or not, many investors find themselves unprepared. Although our exact future cannot be predicted, having a method to help forecast and plan to prepare for what lies ahead is crucial to reaching your retirement goals.

 

In working with thousands of financial advisors and clients over the last 20 years, we have found that traditional methods in financial planning are often based on a series of assumptions, specifically when it comes to your overall health and longevity. As this can have a huge impact on your financial future, we sought to find a better approach.

 

By working directly with scientists that specialize in Aging Science, using scientifically verified methods and technology not available at ANY other financial firm, Wealthspan implements and monitors a realistic, personalized retirement plan based on one’s unique genetic composition, longevity, health attributes, and happiness objectives.

 

Health and happiness are the most precious commodities that exist.  Once health and happiness are lost, it doesn’t matter how much money you have.  However, the way you manage your money can have a dramatic impact on both your health and happiness.

Lifespan projections are foundational to sound financial planning

Many financial decisions that are critical to success in retirement should be made with an understanding of lifespan.  Some of the more important are the following...

01

social Security

When you claim and the method you choose can greatly impact the lifetime value of the payments you receive from Social Security.

02

Portfolio Risk

Having a better understanding of life expectancy can help you determine how long you need to plan to have your assets last so you can accomplish your goals.  This understanding impacts the amount of risk you may be willing to take.

03

Product Mix

Which financial products you choose when creating your financial plan can be greatly influenced by the risk you are willing to take. Someone with a long life expectancy and low risk tolerance may choose to have a much smaller amount of their investments allocated to the stock market or may choose other alternatives, like annuities or life insurance.

04

Income Expectations

If you have a good idea that you will live longer than average, based on science, you may change the amount of income you receive from your portfolio to extend how long your money will last.

05

Taxes

Taxes can take a big bite out of the income you receive, so knowledge of tax advantaged or tax-free income planning can be better determined with the benefit of personalized life expectancy.

06

Healthcare Expenses

Healthy life expectancy helps us determine how many years we are likely to need assistance with some activities of daily living. This knowledge allows for planning for the associated expenses, which can be large.

 

"At the heart of Wealthspan is the intersection

between aging science and wealth planning."