FirstLine Financial Unveils WRAP Retirement Plan
Scottsdale, Ariz.–(Newsfile Corp. – Oct. 29, 2022) – FirstLine Financial announces the launch of its WRAP (Written Retirement Action Plan) method to help baby boomers retire.
FirstLine’s plan has proven effective in guiding diverse groups of individuals through this complex process. As the name suggests, this unique method “bundles” investing, tax relief, inheritance planning, health care planning and income into one effective approach.
The WRAP methodology consists of four stages: discovery, strategy, implementation and completion. The method is adapted to each person’s financial situation, objectives and values. With these key elements in mind, FirstLine Financial’s goal is to alleviate financial stress in the retirement process.
“People shouldn’t worry about the economy and their assets on a daily basis,” said Will Murray, Wealth Advisor at FirstLine Financial. “Too many people turn a blind eye to their portfolios and retirement plans for decades, and then once they retire, it becomes their priority.”
The focus of their WRAP method remains on the importance of a smooth transition from wealth accumulation to long-term distribution planning as you approach retirement. This reduces the overall risk on their investment portfolio.
FirstLine Financial’s plan emphasizes the idea that assets should be allocated differently in retirement than they are during wealth accumulation. Time and time again, it has proven extremely difficult to bounce back from losses when a person makes withdrawals from investment accounts.
“The biggest threat to pension plans is not knowing when to transition from accrual planning to pay-as-you-go planning,” Murray said. “Unfortunately, the hardest hit during bear markets are those in retirement. They need to take a different approach than they have taken for decades in their working years.”
For more information about FirstLine Financial’s retirement planning services, visit https://firstlinefin.com
FirstLine Financial connects individuals who wish to grow and protect their capital with offers to which, until now, only ultra-wealthy investors had access. The team specializes in retirement planning and provides hard-working individuals with data-driven strategies for portfolio management and comprehensive financial planning.
Advisory services are offered by FirstLine Financial LLC, a registered investment adviser in the State of Arizona. Insurance products and services are offered by FirstLine Wealth Management LLC, an affiliated company.
The opinions expressed are those of the author and do not constitute investment advice or a forecast or guarantee of future results. All investments involve risk including loss of principal and cannot be guaranteed against loss by any bank, custodian or other financial institution. Advisory services are offered by FirstLine Financial LLC, a registered investment adviser in the State of Arizona. Insurance products and services are offered by FirstLine Wealth Management LLC, an affiliated company.
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