At 80/20 Financial Services we firmly believe in full transparency and disclosure that's why you will find our fees listed directly on our site.
We use the Assets Under Management/AUM Model as our billing structure. Assets Under Management (AUM) simply means the money we manage/invest for you. This fee covers all your retirement planning needs. We use the AUM model because we firmly believe that it puts us on the same side of the table as our clients. We succeed when you succeed.
Because we can only serve a select and limited amount of clients we require a minimum of $400,000 of investable assets before we can work together.
Actively Managed Accounts- 0.75% of the Assets Under Management billed quarterly. Ex. $500,000 x 0.75% = $3,750 per year total billed quarterly at $937.50 per quarter.
Our fee is billed to your investments and it covers all your retirement planning needs not just the management of investments. Managing your investments is a very small part of the job, but, in our opinion, it's the simplest way to bill a client. Think of your fee as an insurance plan for your retirement nest egg. Except unlike most insurance plans we protect you before a disaster strikes, not after a disaster strikes.
Life Insurance and Annuities- Annuities and Life Insurance can play an important role in retirement. If needed these are paid by commission to us from the Insurance Companies and you will be given full disclosure of pricing and commission before you buy anything. (Annuities are not actively managed accounts and are not subject to Asset Under Management/AUM Fees.)
Your Fee includes:
These are a few examples of what you get for our retirement planning fee. This is NOT a comprehensive list.
Retirement Income Planning
Create Retirement Income Plan based on your financial needs
Semi-Annual review and update of your Retirement Income Plan
Social Security recommendations
Retirement Investment Planning
Create a diversified Investment Plan with 3-5 Years of income available at all times
Weekly monitoring of Investments
Regular rebalancing of investments to maintain Investment Plan
Retirement Spending Strategy
Track and advise on Required Minimum Distributions (RMD)
Create a spending strategy that matches your retirement income goals
“Retirement Snapshot” emailed to you quarterly
Retirement Tax Planning
Achieve maximum tax benefits for charitable contributions
Annual review of tax return and tax strategies
Improve tax efficiency of investment portfolio if needed
Pay Aunt Iris (IRS) what we owe but we don’t leave a tip