Wealth Accumulation

The goal of accumulation planning is to build wealth and create the liquidity needed to meet the desired financial goals.

Accumulation Phase

People accumulate wealth for many reasons...

• to accumulate capital for future financial independence
• to provide funding for college education expenses
• to purchase homes, businesses and other investment opportunities
• to protect family and income during the growing years

Preservation Phase

People preserve wealth by...

• having proper asset allocation to reduce portfolio volatility
• creating enough liquidity to meet financial goals
• managing cash flow and investments to set the stage for distribution
• having proper insurance in place to protect your assets, family and/or businesses

Difficulties We Face:

• Taxes – Managing taxes now and in the future
• Investment Risk – Loss of principle 
• Inflation – Loss of purchasing power
• Liquidity – Having money available without penalties
• Asset Protection – Insuring you and your assets
• Time – Not saving soon enough to attain goals
• Debt – Paying too much interest 
• Procrastination – Delaying the implementation of a financial plan