Retirement

Latest Fall 2017 Quarterly Newsletter This issue includes some thoughts from the retiring Senior Managing Partner, Tim Jones, as he looks back on his time in the business over the last 30 years. This issue also includes a tribute to Kim McLeland, one of the retired partners at CJM who passed away suddenly earlier this year. We round out the newsletter with articles from Kevin Donovan on investments, Parker Trasborg provides us with his thoughts on buying a new car, and pictures from Halloween. Enjoy! January 2018 Audio Update In our first podcast of 2018, join us as David Greene, Kevin Donovan, Jessica Ness and Brian Jones share their thoughts on what worked in 2017, what to expect in the markets in 2018 as well as an update on the new tax bill just passed by Congress. Newsletter & Podcast Archive

The Situation

Ann, a successful government executive, was considering retirement. As a transplant to the DC area, Ann envisioned spending her retirement with her children and grandchildren, but would need to relocate from the DC area in order to do so. Ann was concerned that she would not be able to replicate her pre-retirement income in retirement and was unsure as to how she would generate the income from her portfolio to do so. After attending a retirement seminar and leaving with more questions than answers, she turned to CJM for a second opinion.

The Solution

The first step was to create a balance sheet which included a comprehensive list of assets and liabilities. From there, it was determined that a rental property that was previously thought to be underwater could be sold at a small profit. Compiling pension projections and Social Security benefits, we determined how much income Ann would need to generate from her investment portfolio. CJM then created a customized income plan that would provide Ann with the cash distributions from her portfolio to meet her income needs.

Value To The Client

CJM’s analysis provided Ann with the critical information she needed to move on to the next phase of her life. With CJM’s experience and guidance, Ann was able to feel confident in her financial ability to retire and to live the life she had always dreamed.

More Solutions

At CJM we understand that no two clients are alike and real world problems require practical and timely solutions. The CJM team brings together the best and the brightest in the areas of investment, tax, insurance, financial planning & wealth management to resolve each client’s particular issue(s).