Our Planning Process

Our planning process: step by step

Retirement should be a time to reap the benefits of your life’s hard work. But even affluent individuals may question their preparedness for the active and engaged retirement they often desire.

Our Envision® planning process begins with defining and prioritizing your goals. First, we explore your objectives and aspirations as well as any financial concerns you may have. These often include:

  • Will I outlive my assets—or will my assets outlive me?
  • Where and how will I get income in retirement?
  • Will my spouse be financially taken care of if I pass away?
  • How much investment risk should I take?
  • Are my assets protected from lawsuits?
  • Who will get more of my money—my heirs or the IRS?
  • How can I leave a lasting legacy?

Together, we prioritize your goals—including your estate, legacy, education funding, philanthropy, real estate and other major purchases, travel, health care—to help ensure that we are both focused on achieving what you value most.

Only after we’ve fully understood you and your goals do we begin developing and implementing your wealth management plan.

Our planning process: step by step

Based on our discovery process, we construct a wealth management plan that seeks to preserve your lifestyle and achieve your goals while minimizing investment risk and volatility.

We often suggest constructing separate investment portfolios, or buckets, that focus on different needs.

Your ESSENTIAL NEEDS bucket seeks to generate an income that helps support your lifestyle. Most clients want a tailored investment approach to replenish withdrawals and hedge against inflation.

Your WEALTH SURPLUS bucket seeks to generate wealth to transfer to future generations or to create a philanthropic legacy. For clients who believe their lifestyle would not be affected by a loss in this portfolio, we may recommend a higher-risk, higher potential return strategy.


To arrive at our most confident investment recommendation, we rely on investment planning software to stress test our investment scenarios a thousand times, across a full range of market and economic assumptions. This leads us to a recommended investment plan that is appropriately diversified and based on your goals, dreams, concerns, and risk tolerance.

We communicate with you regularly, including in-person reviews, to keep you fully informed about your financial picture. And we review your portfolios on a continuous basis, making adjustments as necessary. As your life and the world around you changes, we will examine your plan together to determine the impact and, if appropriate, recommend changes or adjustments.

Our planning process: step by step

IMPORTANT: The projections or other information generated by Envision® regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. Results may vary with each use and over time.

Envision methodology: Based on accepted statistical methods, the Envision tool uses a simulation model to test your Ideal, Acceptable and Recommended Investment Plans. The simulation model uses assumptions about inflation, financial market returns and the relationships among these variables. These assumptions were derived from analysis of historical data. Using Monte Carlo simulation, the Envision tool simulates 1,000 different potential outcomes over a lifetime of investing varying historical risk, return, and correlation amongst the assets. Some of these scenarios will assume strong financial market returns, similar to the best periods of history for investors. Others will be similar to the worst periods in investing history. Most scenarios will fall somewhere in between. Elements of the Envision presentations and simulation results are under license from Wealthcare Capital Management, Inc. & Wealthcare Capital Management IP, LLC ©2003-2013 Wealthcare Capital Management, Inc. & Wealthcare Capital Management IP, LLC. Wealthcare Capital Management, Inc. & Wealthcare Capital Management IP, LLC are separate entities and are not directly affiliated with Wells Fargo Advisors Financial Network, LLC.