We believe in adopting a holistic planning approach that focuses primarily on your life goals and aspirations. This discplined planning process can help you eliminate debt, better understand the financial decisions that support your situation, and improve family communication regarding financial issues.

No matter what stage of life you’re in,

…we’ll help you craft a plan today that helps meet your goals for the future. Our holistic planning approach impacts a variety of life stages – we’ve listed a few with some ideas to start with:

  • First Job
    • Fund a retirement account:  401(k) or Individual Retirement Account (IRA)
    • Get a credit card to begin establishing a credit history
  • Marriage
    • Purchase first home
    • Buy disability insurance
    • Diversify your portfolio
  • Children
    • Develop a college savings plan
    • Purchase life insurance
    • Create a basic estate plan
  • Changing Jobs/Divorce/Remarry
    • Assess 401(k) options
    • Refinance or obtain a new mortgage
    • Update your will/trust/powers of attorney
  • Retiring Parents/Elder Care
    • Explore assisted living options
    • Develop a comprehensive estate plan
    • Ensure retirement income
  • Children Leave for College/Retirement Planning
    •  Develop a retirement plan
    • Finance college education
    • Diversify your portfolio
  • Legacy Planning
    • Transfer assets to beneficiaries
    • Purchase a second home
    • Diversify your portfolio
  • Early Retirement
    • Develop an advanced estate plan
    • Establish a retirement income distribution strategy
    • Explore charitable giving
  • Late Retirement
    • Update will or estate plan
    • Take IRA required minimum distributions at age 72
    • Manage medical expenses
    • Make assisted living arrangements

Boyum Barenscheer Wealth Management and LPL Financial do not provide legal advice or services.  Please consult your legal advisor regarding your specific situation.