Our Process
The Ironpoint Process:
At IronPoint Retirement, we take you through our 6-step process to ensure that we create the customized comprehensive retirement plan that you deserve. Click on the following sections below to learn more about each step in our process!
1. Partnership Visit
Our initial retirement planning Partnership Visit helps you and our team at Iron Point Retirement Solutions develop an understanding of each other and forms the foundation for all of the work that follows.
Objectives & Solutions:
- Share our Mission, Vision, and Core Values
- Explain our Purpose-Based Planning Approach
- Discuss our IRONSHIELD Process
- Identify What Really Matters to You
- Determine Your Financial Circumstance
- Establish Your Desired Outcomes
- Build a Relationship Based on Trust and Shared Values
By creating an open, honest and trusting environment, we are able to truly understand what your goals are and begin to conceptualize how we can help you attain them.
2. Total Asset Diagnostic
The Total Asset Diagnostic helps our team and yourself develop an understanding of your current portfolio’s strengths and weaknesses, and how the components of your portfolio align with or contradict your stated goals and objectives.
Objectives & Solutions:
- Understand Your Portfolio
- Identify Threats to Financial Success
- Complete a Risk Capacity Assessment
- Complete a Portfolio Success Simulation
- Complete a Retirement Income Diagram
Using this information, we can make strategic decisions on what to keep, what to change, and what to eliminate to fully optimize your retirement plan.
3. The IRONSHIELD Plan Design
Your customized IRONSHIELD plan design optimizes your retirement plan to match your financial GPS… Goals, Passions, and Struggles. This includes factors such as risk capacity, time horizon, income requirements, cash flow needs, growth objectives, and legacy desires.
Objectives & Solutions:
- Determining Your Financial GPS
- Build Your Custom Plan Using Our IRONSHIELD Process
- Place Select Insured Contracts to Optimize Your Retirement Plan
- Help Create Cash Flow and Educate on Income Management
- Strategic Replacement of Unsuitable Accounts
We build upon the knowledge gained about you and your goals during our partnership meeting, as well as the information we gained from the Total Asset Diagnostic to form the basis of your completely customized IRONSHIELD Plan, expertly tailored to fit your specific goals and objectives.
4. Tax Planning
Tax planning & preparation for retirement planning focuses on the most important number in your portfolio; The governments portion.
We analyze your current tax strategy from a retirement strategist standpoint, identify sources of inefficiency, and recommend actions to minimize the effect taxes have on your wealth.
Objectives & Solutions:
- Maximize Your After-Tax Return
- Minimize Your Tax Liability
- Optimize Your Portfolio’s Long-Term Tax Strategy
5. Long-Term Care
Long-Term Care is one of the most overlooked areas of retirement planning, but is one of the most important. Our team doesn’t neglect this retirement risk and neither should you.
Objectives & Solutions:
- Affordable Coverage for Long-Term Care
- Asset Protection
- Spousal Protection and Income Continuation
- Probate Avoidance
6. Schedule an Appointment
Don’t hesitate to schedule an appointment with us here at Iron Point Retirement Solutions to review your retirement, social security planning, annuities, long term care, risk management, life insurance, tax planning, cash flow & income management, and more!
Independent
An Independent Insurance Broker is an advisor that has the ability to utilize any product or policy from any carrier or combination of these to construct a completely customized retirement plan. They are not bound by any one company allowing them to significantly decrease any conflicts of interest.
Fiduciary
A fiduciary is someone who is legally and ethically bound to make decisions in the client’s best interest. A Certified Financial Fiduciary® is someone that operates in the clients best interest and additionally always operate in a best practice manner, meaning always going above and beyond what is simply required.
Get the Retirement Planning You Deserve
Reach out to IronPoint Retirement now to get started planning for the retirement that you deserve. We leverage our team of experts to help create a customized plan just for you and your family!
Disclaimer: Iron Point Retirement Solutions, LLC and its affiliates are not Certified Public Accountants (CPAs) or Certified Financial Planners (CFPs) and do not prepare tax returns, nor do they buy, sell, or advise on specific stocks/bonds/mutual funds clients should acquire or sell but do advise clients on how to build a more tax-efficient portfolio through various retirement strategies and advise clients on how they can utilize their portfolio using Safe Money Concepts. Iron Point Retirement Solutions, LLC also helps individuals planning for programs such as Medicare, Social Security and other governmental agencies that we are not affiliated with. Individuals looking for more information about these governmental agencies should visit SSA.gov or Medicare.gov for additional information