As a fiduciary financial advisor in Wake Forest, Holland Capital helps people in their early 60s who have managed their own investments build a retirement income plan around their savings, Social Security and any annuities. We work with clients in Wake Forest by video and phone, and meet in person by appointment at the Regus center in north Raleigh.
Retiring changes the job your savings have to do.
Wake Forest has grown from about 30,000 people in 2010 to more than 58,000 today.
If you have picked your own funds for years, you already know how to save. Retirement asks for something different: a paycheck you create yourself, month after month, while markets rise and fall.
If you are looking for a fiduciary now, you likely want advice given in your interest, especially when an annuity is part of the picture.
From Saving to Paying Yourself
A retirement income plan starts with what you spend: the fixed bills, the flexible costs and the larger items that come every few years.
Then it lines up where the money will come from. That can include Social Security, a pension, annuity payments and withdrawals from your accounts. Where there is a gap, the plan shows how much your savings must cover and for how long.
Our guide on guaranteed income versus portfolio withdrawals compares the two main sources.
Annuities You Already Own
An annuity is a contract with an insurance company. Some pay a fixed income for life. Others tie their value to investments and include added features and yearly costs.
Before you keep, change or cash out a contract, it helps to know exactly what it says. That means the surrender charge and when it ends, the yearly fees, any income or death benefit rider, and how the payments are taxed. Our guide on annuity surrender charges explains how those charges work.
Keeping a contract is sometimes the right choice. An income rider may be worth what it costs, or the contract may fit the plan as it is. We read each contract with you and show the trade-offs before anything changes.
RETIREMENT ENGINEERING™
The Order Matters
Five retirement decisions and why timing matters.
Investing for Income
A written investment policy statement sets how your savings are invested once the paychecks stop. It covers how much investment risk to take and how withdrawals will be handled once retirement begins.
The goal is to reduce the chance that a market drop forces you to sell investments at a bad time. A written plan also takes the day-to-day investment decisions off your plate, if you are ready to hand them over.
Claiming Social Security later can increase your monthly benefit. We test different start dates against the withdrawals your savings would need to cover.
At Holland Capital, investment management in retirement is built around the income you draw each year.
How We Work with Clients in Wake Forest
Holland Capital Management is an independent registered investment adviser and a fiduciary. M. Chad Holland, CFA, CFP® works directly with clients and is responsible for the planning and advice.
Bring a statement for each investment account, any annuity contracts and their latest statements, your Social Security estimates, any pension details and a rough monthly budget.
We list each source of income, what it costs you and how long it can last, then show where the gaps are and when you could retire.
The first conversation is free. If there is work worth doing after that, we will define the scope and cost before you decide whether to move forward.
Holland Capital is based in Charlotte. If you are looking for a fiduciary financial advisor in Wake Forest, we meet by appointment at the Regus center at 11550 Common Oaks Drive in north Raleigh, about 7 minutes from Wake Forest, and handle shorter check-ins by video or phone. Holland Capital does not maintain a branch office in Wake Forest.
We work with clients throughout North Carolina. You can see the other North Carolina communities we serve here.
Our what we do page explains how a planning engagement works.
RETIREMENT ENGINEERING™
The Order Matters
Five retirement decisions and why timing matters.
Frequently Asked Questions
Why Look for a Fiduciary Financial Advisor Before Changing an Annuity?
Holland Capital acts as a fiduciary when providing financial planning and investment advice. For an annuity, that means weighing what you would give up as well as what you would gain.
If a change would move money into an account we manage, or into a product we are paid for, we explain the costs and how we are paid before you decide. Our guide on getting a fiduciary second opinion on an annuity covers what to ask.
I Have Managed My Own Money. Why Get Help Now?
The skills that built your savings still matter. What changes is the number of decisions that must fit together: when to retire, when to claim Social Security, which account to draw from and what to do with any annuities.
A written plan puts those decisions in order. You stay involved in each one.
Where Would We Meet from Wake Forest?
In north Raleigh, about 7 minutes away, at the Regus center on Common Oaks Drive. Meetings are by appointment.
Reviews between meetings can be done by video or phone.
Photo: Rysnap1024 / Wikimedia Commons / CC BY-SA 4.0, cropped.
