Susan, 63, is a school teacher in Santa Rosa, where she has taught 6th graders for the past 15 years. Two years ago, her husband, Jim, passed away suddenly.  While she’s trying her best to move on, she struggles with the sudden passing of her high school sweetheart of 40+ years. Susan and Jim have one daughter, who is married and has twins.  

Jim was a well-known pediatrician in the Santa Rosa area for a number of years.  He had a successful practice and did a good job of saving for his family’s financial future.  Before her husband passed, it was their life plan to retire at 65 and travel the world together.  

Susan struggles with what to do next.  She has a strong need to feel productive so she’s concerned that if she retires, she won’t have a purpose.  She also wants to ensure that she passes on a legacy to her daughter and grandchildren. That was always their plan. She’s intimidated by the “stock market” and wants to find the right financial team she can trust

Pain Points:

  • Should she retire at 65 and travel, based on their plan? 
  • She worries about running out of money and doesn’t want to impose on her daughter
  • She wants to ensure she leaves a legacy of some value to her daughter/grandchildren
  • She doesn’t want to pay a lot of taxes
  • Should she sell their large home and move into a condo or even an active adult community?
  • She has set her 403b account on cruise control the past few years so she’s not sure if she has the right allocations, based on her age and circumstance
These are fictional client pictures and profiles that provide case studies that represent unique individual situations and questions that have been presented to Montgomery Taylor Wealth Management.  Examples are for illustrative purposes only and may not necessarily be replicated. This should not be construed as a testimonial or an endorsement of our firm.