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You know what you’re retiring from...

What will you retire to?


Whether you want a traditional retirement, a pivot to an encore career, or an Unretirement full steam ahead in the work that you love, you need a financial roadmap designed around what's most important to you in life.

SecondHalf Planning & Investment is a Portland, Oregon fee-only retirement planning and investment management firm. We specialize in helping individuals and couples in their 50s and 60s plan, and then successfully transition into, the kind of retirement they want. 

Talk with us if you need clarity on questions like these:

  • When should I retire? What if I don't want a traditional retirement?
  • At what age should I claim my Social Security or pension?
  • How do I create a Roadmap for Retirement that coordinates all my resources so I can fund the life I want?
  • What are the critical non-financial issues to a successful retirement that I need to prepare for? 
  • How can I make my money last as long as I do? 
  • How can I reduce taxes on my retirement income sources and account withdrawals?
  • Show me how to incorporate an encore career or Second Half Entrepreneurship™ into my "retirement" plans.

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Why Choose Us?


We know Retirement Transitions and the Second Half of Life

Most financial advisors claim to "do Retirement Planning” but it's often a superficial treatment and focused only on the numbers.

We coach you on both the financial and non-financial factors that are key to making the most of your second half. And we are specially trained in retirement lifestyle, health, aging, income and distribution complexities, housing decisions, estate issues, and end-of-life matters.

Our Investment Management Plays Defense

Large losses can be hard to take at any age, but they can be devastating in the second half of life.

Most advisors invest your nest egg in static model portfolios, with little concern for overpriced investments or protection against large losses. Our Defender Tactical Strategies focus on risk management while seeking to capture a reasonable amount of financial upside when market conditions allow.

An Advocate Working for Your Best Interests

We are a fee-only advisory firm, which means we do not sell financial products or accept commissions.

We provide objective advice and management and are paid directly by our clients rather than compensated by third parties. This minimizes conflicts of interest. As a fiduciary, we will always place client interests ahead of our own. Here's our Fiduciary Pledge.


Services & Fees



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About


Larry

Larry McClanahan, CFP®, ChFC, CLU, CASL, EA

Hi, I’m Larry McClanahan.


I love helping people plan and successfully navigate their transition to retirement or financial independence. Too many folks fail to plan and make unsalvageable retirement and investment decisions. Far better to "prepare so you don't have to repair." 

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, and Vice President & CFO of a 5-school education institution. And while I was good at financial and organizational management, there's just something very satisfying about helping individuals and couples get clarity on their financial picture.

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The clients we serve best are in their second half of life (age 50+). They may be within 5 years of retirement, already enjoying retirement, or actively engaged in an Encore career.

They understand the importance of a well-planned retirement transition and periodic check-ups during retirement to make sure they stay on track. Most want their investment portfolio managed by a professional who "plays defense" to help protect them from large losses or from shooting themselves in the foot by chasing hot investments or panic selling at the wrong time.

They delegate much of the financial heavy lifting to us because they prefer to spend their time with the people they love and the interests they enjoy most, instead of watching markets, making investment decisions, and managing financial details.

Clients we have worked with include current and former:


  • Accountants, Attorneys, and Architects
  • Doctors and Dentists
  • Entrepreneurs and Business Owners
  • Teachers, Professors, and Education Administrators
  • Executives (Director, General Manager, CFO, Operations)
  • Ministry Professionals and Social Workers
  • Sales Professionals
  • Families who inherited substantial money
  • 401(k) and 403(b) Retirement Plan Sponsors


I keep hearing the term fiduciary advisor. What does that mean?
How are my investments protected from theft?

Most accounts are opened for investment management clients with TD Ameritrade as an independent, third-party custodian. Your investments will be held by the attending custodian and your account statements and transaction confirmations will be provided directly to you by them. There is no “Bernie Madoff opportunity for fraud” in this kind of arrangement.

What about your ongoing contact with clients?
Do you work with other professionals?

We maintain a small network of allied professionals who provide legal, tax, mortgage, aging/elder care, and other services, to whom we can refer clients or coordinate services as needed. This is a professional referral network only and we receive no compensation for such referrals. If you already have advisors in these areas, we will be happy to coordinate with them.

How can I check your regulatory background?


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.

5 Ways to Reduce Taxes When You Are In Retirement

Larry McClanahan quoted in Investopedia, article by Donna Fuscaldo, November 19, 2016.


Social Security: Saving vs. Delaying Benefits

Larry McClanahan quoted in Investopedia, article by Natasa Milas, July 29, 2016.


Want a Healthy, Rich Retirement? Keep Working

Larry McClanahan quoted in USA Today, article by NerdWallet's Kelsey Sheehy, June 6, 2015.


Think Twice Before Selling a Settlement

Larry McClanahan quoted on NerdWallet consumer website, article by NerdWallet's Tony Armstrong, May 22, 2015.


How to Pay Yourself in Retirement

Larry McClanahan quoted in Nasdaq, article by NerdWallet's Graham Ober, August 19, 2014


Should Millennials Plan Retirement the Way Boomers Did?

Larry McClanahan quoted in WSJ's MarketWatch, article by NerdWallet's Cliff Goldstein, June 25, 2014.


Financial Advisers Aren't Just For The Rich

Larry McClanahan quoted in WSJ's MarketWatch, article by NerdWallet's Cliff Goldstein, May 5, 2014.


Duration of Marriage and Divorce Affect Social Security Benefits

Larry McClanahan quoted in Investment News, article by Mary Beth Franklin, February 27, 2014.


Where Does Human Capital Fit Into The Income Plan

Larry McClanahan quoted in LifeHealth Pro, article by Warren Hersch, August 26, 2009.

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