Our Beliefs

We believe in retirement planning because it is never too early to start saving for this crucial goal. Unlike other areas where loans are available, retirement savings need to be fully funded as soon as possible. The future is uncertain, and our ability to generate income may be interrupted unexpectedly. Traditional lifetime income sources, such as pensions, have largely been phased out in our country. While annuities are an option, they come with costs, liquidity issues, and limitations in leaving money to beneficiaries.

Current trends indicate that we are living longer, yet market volatility appears to be increasing. As individuals near retirement with substantial savings, there is often a conservative shift to preserve assets, which can hinder stock market returns. We advocate for a safe withdrawal rate of 4% for a healthy 60-year-old couple, which can be adjusted upwards as clients age due to evolving expenses.

Given the numerous variables over extended periods, we emphasize comprehensive financial planning, particularly retirement planning. Our sophisticated Monte Carlo modeling software runs 1,000 scenarios to determine the probability of success. We review these plans at least annually to account for significant changes and make adjustments as necessary.

With decades of experience assisting clients through severe market downturns and the accompanying loss of confidence, working with a seasoned advisor proves invaluable, especially during turbulent times.

We believe a financial plan helps individuals identify and understand their goals. Sharing client experiences often sparks discussions that lead to new objectives. Our extensive experience and numerous interactions offer valuable perspectives and ideas. We enjoy guiding clients through the goal-setting process. Daily routines can stifle creativity, so we assist in planning and 'running the numbers' to determine feasibility. It's rewarding to help clients afford their goals or understand their limitations.

Ultimately, success is helping clients pursue attainable goals with high confidence. Comprehensive financial planning covers college education, debt management, business transactions among others.

We believe diversifying beyond traditional stocks, bonds, and cash is beneficial. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk. We believe a client's portfolio should focus on strategic allocation based on their time frame, liquidity needs, life expectancy, and risk tolerance. Typically, we invest in managed portfolios using mutual funds, ETFs, and individual stocks and bonds, balancing cost and effectiveness.

Additionally, parts of the portfolio can be invested in tactical investments providing buffers or downside protection. These may have liquidity restrictions, complexity, and income and asset thresholds unsuitable for some clients. At PCC Wealth Partners, we discuss these variables and recommend investment products and strategies that align with your goals.

We focus on protecting against loss. In planning meetings, we discuss clients' goals for their assets, including property, investments, income, and health. We offer diverse insurance products and make necessary recommendations after reviewing and analyzing them.

We believe in proactive tax planning. We do not provide tax advice, but we have knowledge of tax laws and incorporate fundamental principles of tax planning. We acknowledge your objectives to minimize, defer, and potentially eliminate taxes when feasible. We partner with your tax advisor to ensure precision and efficiency in your tax matters.

We believe in identifying and creating an estate plan that protects our heirs. We collaborate with clients to set clear estate goals. We encourage clients needing extra help to involve their family, allowing children to learn about finances and estate plans. Our aim is to partner with your estate attorney to create legal documents aligned with your family's objectives, beyond just naming beneficiaries. This process clarifies the reasons, timing, recipients, and purposes of your estate assets, ensuring protection for your heirs. Our comprehensive approach addresses the needs of both current and future generations.