Whether you want a traditional retirement, a pivot to an Encore career, or a gradual blend of "retirement" with work that you love, you'll benefit from a financial roadmap designed around what's most important to you in life.
-- Larry MCclanahan --
Your best life in retirement hinges on both financial and non-financial factors. Tap our expertise in retirement transition issues, integrating work with "retirement," Social Security strategies, income and distribution complexities, charitable giving, aging, and estate matters.
There’s a window of potential tax-saving opportunities centered around your 60s to early 70s. Do you know if you can benefit and how? Are you wrestling with other tax concerns? Tax permeates our thinking and we strive to put that to good use for you.
Large investment losses can be devastating in retirement. Most advisors use static model portfolios which simply ride the markets wherever they go. We seek to reduce downside risk while capturing a reasonable amount of financial upside when prudent to do so.
Planning for retirement (or financial independence) is about making the most of your life's second half. But it's also about doing so in a tax-efficient and financially-sustainable manner.
We collaborate with you to create a Retirement Roadmap that harmonizes the life you want with what's possible given your financial resources. Your financial plan is living, periodically updated, and you have 24/7 online access (if ongoing wealth management client). Planning can also include basic retirement transition coaching to help you address the non-financial factors that are critical to a fulfilling retirement.
Once your Roadmap has been created, you have access to our ongoing Wealth Management services. This includes managing your investment portfolio(s), monitoring your Roadmap progress, alerting you to course corrections if needed, periodic financial planning reviews, and access to us for questions as they arise.
So you have your Retirement Roadmap, but perhaps you don't love tracking financial and tax rules, watching markets, and making investment decisions. You'd rather spend your time with the people you love and the interests you enjoy most.
If that sounds like you, we can take care of those matters for you. As a Wealth Management client, we will manage your investments using defensive strategies rather than static portfolio models. We also offer the following at no additional charge:
| 0.25% quarterly (1.00% annualized) | up to $1,000,000 under management |
| negotiable | on assets over $1,000,000 |
The fee is a percentage of assets under management and payable at the end of each quarter. Note that we consider cash to be an asset class and include it in our fee calculation (and when rates are low our fee may exceed money market yields). $350,000 minimum asset total for Wealth Management. $3,500 minimum annual fee. Minimums and service format may be negotiable on a case-by-case basis. Third party fees such as fund expenses or transaction charges are separate from the management fee charged by SecondHalf.
Need advice or planning on just a few financial matters? Having a hard time finding an advisor who will help without requiring transfer of your investments under their management?
We offer flat-fee hourly advice (2 hour minimum) and project planning for folks with limited scope financial concerns.
Here are some examples (which may be combined into multi-issue planning):
Fee: $200 per hour (two hour minimum for initial engagements)
Includes time in preparation, meeting with you, and follow-up.
Two hour minimum for initial engagements. An estimate of the total fee will be payable in advance, with any remaining balance payable at conclusion of the engagement. One hour minimum for continued periodic service, unless an open engagement.
Larry McClanahan, CFP®, CASL, EA
My specialty is helping people age 50+ (second-halfers) create a financial roadmap that will serve them well, and then walking the path of life with them as their advisor.
But I haven't always been into financial planning...initially I was headed toward the ministry. After earning my ministry degree I discovered an aptitude for business and management, so more studies and a change in career path.
I’ve been an Accountant, City Manager, VP & CFO of a private college, and CFO of a Canadian startup firm. And while I was good at financial and organizational management, there's just something very satisfying about helping individual folks get clarity on their financial picture.
So in 1999, I shifted into personal financial planning and, as they say, the rest is history. I like how real financial planning melds the qualitative human side (values, priorities, behavior) with the quantitative financial element (strategies, "the math").
Our clients come to us from a wide variety of backgrounds but they share certain values, lifestage, and retirement, tax, and investment concerns.
We might be a good fit to work together if you live in Oregon and:
And if you're also seeking ongoing Wealth Management, you:
Larry McClanahan has answered over 1,100 questions on consumer financial sites Investopedia, NerdWallet, WalletHub, and BrightScope. He has also been quoted in national media such as WSJ's MarketWatch, USA Today, Nasdaq, Investment News, and LifeHealth Pro.
Larry McClanahan quoted in Investopedia, article by Donna Fuscaldo, November 19, 2016.
Larry McClanahan quoted in Investopedia, article by Natasa Milas, July 29, 2016.
Larry McClanahan quoted in USA Today, article by NerdWallet's Kelsey Sheehy, June 6, 2015.
Larry McClanahan quoted on NerdWallet consumer website, article by NerdWallet's Tony Armstrong, May 22, 2015.
Larry McClanahan quoted in Nasdaq, article by NerdWallet's Graham Ober, August 19, 2014
Larry McClanahan quoted in WSJ's MarketWatch, article by NerdWallet's Cliff Goldstein, June 25, 2014.
Larry McClanahan quoted in WSJ's MarketWatch, article by NerdWallet's Cliff Goldstein, May 5, 2014.
Larry McClanahan quoted in Investment News, article by Mary Beth Franklin, February 27, 2014.
Larry McClanahan quoted in LifeHealth Pro, article by Warren Hersch, August 26, 2009.
