Mark and Jess have a tax-smart retirement plan.
Financial Planning For Adventurous Early Retirees
The Factor System
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Before you become a client, you’ll schedule an Explore Call with our founder Zach Chiara, CFP® personally, to see what working with Factor is like. We’ll get to know you and what you’re looking to accomplish. If we both determine it would be a good fit after our introductory process, we will then proceed through The Factor System.
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In the first phase of The Factor System, we focus on you—and what early retirement looks like in your ideal world. Whether that means exploring new corners of the world, spending more time with loved ones, or simply being able to live life on your terms.
We’ll also take a deep dive into your financial picture—your assets, income, expenses, and long-term goals. This allows us to understand the opportunities and challenges that will shape your early retirement strategy.
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In phase two, based on our conversation, we design a tailored retirement plan that prioritizes maximizing your retirement income, reducing your taxes, and optimizing your investments, while accounting for inflation, healthcare costs before Medicare, and other key factors. Our goal is to create a flexible financial roadmap that evolves with you, ensuring you’re always prepared for what matters most to you.
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Phase 3: Once we create your plan, we help you take action to implement it. From adjusting your investments to optimizing your tax strategies, we handle the heavy lifting, so you can focus on enjoying life. We’ll ensure that your income is structured efficiently to support your early retirement goals, all while maximizing the opportunities to minimize your lifetime tax bill.
Our hands-on approach ensures that every aspect of your financial life is aligned with your vision of a travel-rich, fulfilling early retirement.
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Phase 4: Your life and goals will evolve, and so will the financial world. That’s why we provide ongoing support and adjustments to your plan, ensuring it stays aligned with your lifestyle. Whether you’re exploring new destinations, facing unexpected expenses, or simply experiencing a change of heart in your retirement plans, we’ll be by your side the entire time, ensuring your financial strategies remain robust and adaptable.
Our proactive approach to investment management, retirement income planning, and tax planning ensures that your retirement plan grows and evolves with you, keeping you on track as your journey unfolds.
Our Services
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To turn your retirement savings into a tax-efficient reliable paycheck. We also help you coordinate when to take Social Security to make the most of your benefits, and help strategically weave any additional income (pensions, rental income, etc) into your plan to maximize your cash flow for a better retirement.
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To reduce your taxes. We help you with coordination of withdrawals, strategic Roth conversions, asset location, charitable giving strategies, and more. We also include an annual tax return analysis to maximize potential tax-saving opportunities— because nobody enjoys leaving Uncle Sam a tip.
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To reduce risk and improve returns. We prioritize keeping investment costs low, owning the right mix and style of assets to ensure a risk-optimized portfolio, and focus on tax-efficiency to keep your wealth working for you. We also incorporate daily tax-loss harvesting— which can add significant value to your portfolio.
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To maximize your protection and lower your costs. From planning for healthcare before Medicare to ensure you get the coverage you deserve (and not overpay for it), to planning for Long-term care and any necessary life insurance, we have you covered. And as a fee-only firm, you never have to worry about us recommending anything you don’t need.
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To ensure your plan is fully protected. We’ll analyze your current estate plan to make sure you’re properly taken care of, and if you don’t have an Estate plan yet, we’ll help develop that as well— because even the best plan can fall apart without proper systems in place. At Factor, you get the full white-glove service you deserve.
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To make sure your early retirement is everything you’ve dreamed it to be— and more. From improving and ensuring you stay on track with your plan, to helping you gain clarity into your “why” finding true fulfillment. After developing your plan, we help you take action on it. Once implemented, we meet with you 2x per year to check in and make any necessary adjustments, with unlimited virtual support in between.
