The first is tax loss harvesting. Many of us have losses in our account since stocks have declined this year.

Please click below to access some resources I’ve put together that may help you.

The Coronavirus Aid, Relief, and Economic Security (CARES) Act is a $2 trillion dollar economic stimulus package that will benefit 90% of Americans. 

I am glad to say I’m safe and healthy here in Seattle and heading back to Denver next week.  While in Seattle I’ve been sifting through economic data as well as information from the Centers for Disease Control and Prevention.  I thought I would share some of this information with you so you can prepare in the event it comes your way.

First, I know I have said this, but if you are not a hand-washer, become one.  The CDC recommends washing hands under warm soapy water as long as it takes to sing the happy birthday song – twice.  The virus is spread mostly by people touching their face.  You can not get the virus through your skin – it has to enter through your nose, eyes or mouth.  If we can wash our hands and not touch our face, we will fair much better.  It’s not so easy as I have been catching myself touching my face all week.  

It’s also okay to not shake hands right now.  Steve usually high fives the kids every morning as they enter Westside School and now he is doing elbow bumps.  Also, we know it is much more contagious then the flu so keep safe level of distance between people who may be ill.  

What about the economic side?  The Federal Reserve Bank did lower interest rates a half point today to try and calm the markets.  The issue lies in the fact that we could face supply shortages and an economic slowdown as the Coronavirus continues to spread worldwide.  After years of training for hurricanes while growing up in New Orleans and seeing my family survive Hurricane Katrina, here are some things you may want to consider:

  1. Consider ordering a 60-90 day supply of necessary prescriptions, needed over the counter medicine or supplies.
  2. Don’t panic, but have a good food supply on hand.  We’ve stocked up on cheese.  While I am happy to have Amazon deliver my toilet paper, I probably don’t want them delivering cheese.  And my husband loves cheese so a happy husband = having cheese on hand.
  3. Consider what you need to entertain yourselves, kids or grandkids in the event we are asked to avoid public gatherings or schools are suddenly closed.  We may all have to practice the Danish lifestyle of hygge.
  4. Stay calm.  Many are prone to compare this with the Spanish Flu which was devastating.  Keep in mind that we have had huge technological and medical advances since that time and the US knows how to innovate. 

I am scheduling regular client review meetings and I am here if you just want to talk.  I promise I’ll wash my hands before we meet.

Best,

Steph

By Stephanie Bruno I would like to kick off this year – this decade – with joy.   When I started what would become Sea To Peak Financial Advisors in 2012, it was with the goal of truly making a difference in people’s lives.  

By Stephanie Bruno

This year (and decade!) is quickly coming to a close, and if you’re like most Americans, you spend the month of December neck-deep in holiday parties, shopping for gifts, and planning for travel. You might think that managing your finances can wait until you deal with the holiday busyness, but since finance-related resolutions consistently fall in the top five most popular New Year’s resolutions, (1) why don’t you give yourself a head start on your 2020 financial goals? Here are 5 critical financial actions you’ll be glad you tackled when the ball drops on New Year’s Eve!

1. Celebrate Progress And Look To The Future

What financial goals did you set when you rung in 2019? Did you stay on top of those goals or did they get swept under the rug? Take this time to reflect on the past year and mark how far you’ve come, celebrating your progress, no matter how small! What goals do you have for the upcoming year?

2. Invest In Your Future

If possible, max out your contributions to your 401(k) by the end of the year to make the most of your retirement savings. For 2019, you can contribute as much as $19,000 (or $25,000 if you are age 50 or older). Remember, these are your contribution limits and any employer match would be in addition to this. You might also consider contributing to a Roth IRA or a non-qualified IRA if your income is high. For 2019, you can contribute as much as $6,000 (or $7,000 if you are age 50 or older). Finish the year strong by investing in your future!

3. Speak to Your Advisor About Tax Loss Harvesting

If you invest in bonds, mutual funds, or stocks in accounts other than your 401(k) or IRA, review your realized and unrealized gains and losses. You might be able to offset some of your gains by selling some losses. Tax-loss harvesting can help you save on taxes, but you want to make sure the move also makes financial sense for your situation. Talk with your advisor about potentially harvesting your losses to see if it makes sense for you. Any appropriate actions need to be taken by December 31st. 

4. Make Some Updates

If you have taken the time and energy to create an estate plan, you’ll want to check in periodically to ensure all the documents are up to date and no major details have changed. Any significant life event is a good time to think about updating your estate plan documents and corresponding beneficiary designations.  

5. Give, Then Give Some More

If gifting is one of your long-term financial goals, it’s never too early to start planning for the legacy you want to leave your loved ones without sharing a good portion of it with Uncle Sam.

Each year you can gift up to $15,000 to as many people as you wish without those gifts counting against your lifetime exemption of $11.4 million. 

If you’re planning to itemize deductions on your 2019 tax return, be sure to make your charitable contributions before the end of the year. This includes donating appreciated securities, which may help you avoid paying taxes on the gains. If you are taking required minimum distributions, then you have a tax savings opportunity to make charitable contributions from your IRA. 

End The Year Strong

Which of these steps do you need to take before the ball drops on New Year’s Eve? Our team at Sea to Peak Financial Advisors would love to help you finish the year strong and set you up for a successful 2020. If you’d like to see if we can add value to your financial life, and you have a free 15 minutes, let’s schedule a call. You can also email us at info@seatopeakadvisors.com

We hope you and your family have wonderful holidays and much peace and joy in the new year.

About Stephanie

Stephanie Bruno is the founder of Sea to Peak Financial Advisors, an independent, fee-only financial advisory firm helping executives bring meaning to their money. Stephanie earned a bachelor’s degree in finance from the University of New Orleans and a bachelor’s degree in English from Ohio State University and holds the Certified Financial Planner® (CFP®), Accredited Investment Fiduciary® (AIF), Certified Private Wealth Advisor® (CPWA®), and Retirement Manager AdvisorSM (RMA®) designations. She splits her time between Denver and Seattle, where her husband, Steve, serves as the head of Westside School. Outside of the office, Stephanie honors her mom by serving as board chair of the Women’s Foundation of Colorado. Stephanie and Steve have two smart and accomplished daughters, Emma and Leah, and Rio, the thirteen year-old Shiba Inu. To learn more about Stephanie, connect with her on LinkedIn.

Stephanie Bruno is an Investment Advisor Representative of Dynamic Wealth Advisors dba Sea To Peak Financial Advisors. All advisory services offered through Dynamic Wealth Advisors.

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(1) https://vitagene.com/blog/most-popular-2019-new-years-resolution/

By Stephanie Bruno

Most people view $1 million as a benchmark for success. They think once they have $1 million in the bank, they can retire early, buy a nice car, take lavish vacations, and live a life of pure bliss. Especially if you are first generation wealth, this may be more money than anyone in your family has ever imagined. 

While $1 million used to be the gold standard, it doesn’t guarantee success anymore. Today we’ll go over the top 3 factors that have limited the purchasing power of $1 million today (and what you can do to make your money last.)

Inflation

Inflation is arguably the #1 factor to account for when planning for retirement. It’s nicknamed “the silent retirement killer” because it’s hard to see its effects from year to year. 

The cost of living has historically gone up 3% every year. (1) If this pace keeps up, $1 million today will be worth $543,794 in 20 years. (2) Put another way, if you bought a car in 2019 for $30,000, that same car would cost $54,183 in 2039 and $72,818 in 2049. These numbers seem astronomical today, but this will likely be a reality in retirement. 

What You Can Do: 

Inflation erodes the value of your money over time. Start by calculating how much the rate of inflation will go up between now and the day you retire. Next, estimate how much the cost of living will increase over the course of your retirement. 

Remember, retirement is a starting point for a new chapter in life (a chapter that will likely span decades). Estimate how much inflation will increase over the course of your entire life to determine how much money you need in retirement. 

Healthcare Costs

Whether you are stepping away from work to start an encore career or retiring early, you need to bridge your health insurance until you can sign up for Medicare. This may be continuing coverage through COBRA or signing up for an individual policy and it will be a significant expense. Once you reach 65, you can sign up for Medicare, but this often isn’t enough to cover chronic healthcare issues. Also, did you know that routine medical services such as dental, basic vision, over-the-counter medication, and long-term care aren’t covered by Medicare? (3) It’s true.

The average couple needs anywhere from $174,000 to $296,000 in savings to cover healthcare expenses in retirement (more if you are retiring early), according to the Employee Benefits Research Institute. (4) Are you prepared to pay these costs?  

What You Can Do: 

Build a savings buffer over your regular retirement account to cover these expenses. Putting this contingency in place will give you peace of mind knowing you’re taken care of if something ever happens. 

Lifestyle

If you are starting an encore career, you’ll need funds to help start your new passion pursuit. If you are retiring, it’s easy to think that you’ll cut back on spending once you’re no longer working.  The truth is, almost 40% of retirees overspend in retirement. (5) Why? Because many people kick off retirement by doing what they never got to do while working—traveling the world, picking up a new hobby, remodeling the house, and so on. 

What You Can Do 

Stepping away from traditional work is a major lifestyle change. If you want to make sure you have a stream of income you won’t outlive, consider creating a retirement budget. Include line items for things such as vacations and hobbies, but make sure you have enough money to cover it before you follow through. Staying flexible in retirement is key to stretching your wealth as far as possible. If you decide on an encore career, this can help bridge the gap. 

How We Help

One million dollars may not be enough to retire comfortably, but it’s still a good milestone to reach as you journey toward financial security. Taking steps today to account for inflation, healthcare costs, and lifestyle changes is a great way to set yourself up for the retirement of your dreams. At Sea to Peak Financial Advisors, we specialize in creating encore career and retirement plans to help you grow and protect your wealth. If you’d like to see if we can add value to your financial life, and you have 15 minutes free, let’s schedule a call. You can also email us at info@seatopeakadvisors.com.

About Stephanie

Stephanie Bruno is the founder of Sea to Peak Financial Advisors, an independent, fee-only financial advisory firm helping executives bring meaning to their money. Stephanie earned a bachelor’s degree in finance from the University of New Orleans and a bachelor’s degree in English from Ohio State University and holds the Certified Financial Planner® (CFP®), Accredited Investment Fiduciary® (AIF), Certified Private Wealth Advisor® (CPWA®), and Retirement Manager AdvisorSM (RMA®) designations. She splits her time between Denver and Seattle, where her husband, Steve, serves as the head of Westside School. Outside of the office, Stephanie honors her mom by serving as board chair of the Women’s Foundation of Colorado. Stephanie and Steve have two smart and accomplished daughters, Emma and Leah, and Rio, the thirteen year-old Shiba Inu. To learn more about Stephanie, connect with her on LinkedIn.

Stephanie Bruno is an Investment Advisor Representative of Dynamic Wealth Advisors dba Sea To Peak Financial Advisors. All advisory services offered through Dynamic Wealth Advisors.

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(1) https://www.usinflationcalculator.com/inflation/historical-inflation-rates/

(2) https://smartasset.com/investing/inflation-calculator#V28rcyliLO

(3) https://www.cnbc.com/2019/04/02/health-care-costs-for-retirees-climb-to-285000.html

(4) https://www.ebri.org/docs/default-source/ebri-issue-brief/ebri_ib_460_medicare-8oct18.pdf?sfvrsn=5c1b3e2f_2

(5) https://www.fa-mag.com/news/many-retirees-overspend-42184.html

By Stephanie Bruno

It’s not hard to find general financial planning advice. But “general” won’t work for you as an executive. Your lifestyle and finances can get complicated and you need specialized advice for the challenges and unique opportunities you face. 

For example, you are pulled in many directions in a fast-paced environment, all while your personal wealth is inextricably linked to the prosperity of your company. Ultimately, the professional demands on your time often leave little margin to focus on the details necessary to optimize the financial future for you and your family. And when you do have a free moment, it’s hard to know where to start. While this is just the tip of the iceberg, here are some of the most important financial planning actions you can take to put you on the road to financial success.

Minimize Those Taxes

As a corporate executive, you are likely highly compensated. While this is a reward for your dedication to your company, it can create tax headaches. The more you make, the more you’re taxed, unless you employ tailored tax strategies to maximize the money you take home. Your goals are to maximize tax deductions, minimize your taxes both now and in retirement, and have a tax-efficient estate plan in place. 

You also need to consider the tax implications of your company stock and required minimum distributions and be aware of all the details concerning any Supplemental Executive Retirement Plan (SERP) so you don’t get hit with extra taxation or experience financial surprises down the road. For example, many SERPs allow you to choose your future payout date. This allows you to use tax smoothing and stagger payout dates to spread the tax burden around. 

A professional who has experience working with executives will be able to help you minimize your taxes while working to create a plan to lower your tax burden in retirement, all while taking stock options, pension, personal retirement savings, and other investment accounts into consideration. 

Understand Your Stock Options

As an executive, your company probably provides multiple equity-based compensation programs in addition to your salary. Unfortunately, equity compensation is quite a bit more complicated than cash. To maximize their value, you need to understand and stay on top of your stock options, including when they vest, expire, and how they are taxed. Familiarizing yourself with the 83(b) election or the new 83(i) election may also yield a potential advantage. And, if you have been with a company since its early days, a Qualified Small Business Stock election could provide enormous value. Additionally, of course, restricted stock units, 10b5-1 plans, and employee purchase plans are important to understand if you want to receive the maximum benefit they provide.

Invest Wisely 

Even if your company has a track record of success, you don’t want the bulk of your financial future tied up in the business. Consider this: as an employee, you are already investing in your company. You believe in its success and security, which is why you work there. You might also contribute to your company 401(k) plan, which is another investment in your company. But if most of the stock you own is in the company, you could be putting all your eggs in one basket. If the company went under or suffered a major setback, you could lose your income, your benefits, and your portfolio could take a major dip. You need a balanced investment portfolio.

Working with a professional, you can evaluate your portfolio’s current lineup and whether it needs to be rebalanced or diversified. Be sure to partner with someone experienced in employee stock options. There are certain rules, such as insider trading policies and SEC regulations, that may apply to your situation and affect your decisions. 

Cover Your Bases

Financial planning involves more than just saving for retirement and balancing your portfolio.   An effective plan covers every aspect of your life and will help you confidently answer important questions such as:

  • Am I saving enough for the future?
  • How do I maximize the distributions I can take from my portfolio?
  • How much will I need to save to educate my kids?
  • How will a major purchase or milestone impact my plan?
  • Will my family have the resources they need should anything happen to me?

And don’t forget about your ever-important estate plan! You have a large number of assets to your name and don’t want to leave these to chance should something tragic occur. If you do not have an estate plan, then it may be up to the government to make decisions on your behalf. Creation of a basic living trust should include living wills, healthcare directives, instructions, and conditions for how inheritances are received, powers of attorney, and nominations for successor trustees and guardians.

How We Help Executives

As a successful corporate executive, you have unique needs and goals. Your financial security is disproportionately tied to your employer. You have a complex benefit plan. You’re subject to a unique set of legal risks. And you’ve probably accumulated a large number of stocks in your company, resulting in unnecessary portfolio risk.

At Sea to Peak Financial Advisors, we have years of specialized experience and education to handle your financial needs. We can help you manage your compensation, benefit, and retirement plans so that they are working for you now and in the future. To learn more about how we help executives plan for a successful future, schedule a 15-minute phone call today or email us at info@seatopeakadvisors.com.

About Stephanie

Stephanie Bruno is the founder of Sea to Peak Financial Advisors, an independent, fee-only financial advisory firm helping executives bring meaning to their money. Stephanie earned a bachelor’s degree in finance from the University of New Orleans and a bachelor’s degree in English from Ohio State University and holds the Certified Financial Planner® (CFP®), Accredited Investment Fiduciary® (AIF), Certified Private Wealth Advisor® (CPWA®), and Retirement Manager AdvisorSM (RMA®) designations. She splits her time between Denver and Seattle, where her husband, Steve, serves as the head of Westside School. Outside of the office, Stephanie honors her mom by serving as board chair of the Women’s Foundation of Colorado. Stephanie and Steve have two smart and accomplished daughters, Emma and Leah, who are currently college students, as well as three lovable dogs. To learn more about Stephanie, connect with her on LinkedIn.

Stephanie Bruno is an Investment Advisor Representative of Dynamic Wealth Advisors dba Sea To Peak Financial Advisors. All advisory services offered through Dynamic Wealth Advisors.

By Stephanie Bruno

As much as we might like to, it’s hard to plan for every single issue or contingency that could pop up. We don’t know what the markets will do, we can only guess at how long we will live, and tax policy seems to change regularly. So, we save our money and make the best decisions we can based on the information we have. 

But there is one particular question you should have a concrete answer for, even if you don’t know exactly how the future will look: Who will take care of you when you can’t take care of yourself? 

This issue became very personal for me these past few weeks as my step-mother had emergency surgery and unexpectedly passed away.  As sad as this was, my sisters and I were left scrambling with helping my 90 year-old dad not just through his grief, but with support in his day-to-day living. In discussions with many of you, I know you are facing similar challenges with your own parents. My vow is that our girls will not have to worry about this for Steve and I. 

More than half of people turning 65 will need some form of long-term care during their lifetimes, so it’s critical to have a plan to pay for these costs. (1) Unfortunately, many Americans have a glaring blind spot in the form of long-term care planning, with only 1 in 5 adults making the effort to finance their future long-term care expenses. (2)

When you are healthy and thriving, it’s easy to focus solely on building your savings to provide for your basic retirement expenses and forget about the potential need for long-term care as you age. But no matter what your health looks like today, creating a long-term care plan now will empower you to research your options and choose strategies that are the best fit for you. And we are not just talking about insurance, but what your plan for care is. Your children, as much as they love you, have their own lives and jobs and you likely don’t want them taking care of your more personal needs. 

What Will I Pay for Long-Term Care?

Long-term care costs are so high that they could potentially wipe out a bulk of your retirement funds. On average nationally, it costs $275 per day or $8,365 per month for a private room in a nursing home. (3) To make matters worse, because of their longer life expectancy, women pay significantly more than men for long-term care. The average amount of time women require long-term care for is 3.7 years (or around 44 months), adding up to $368,060 in expenses in today’s costs for that private room. (4) For men, who need long-term care for an average of 2.2 years (or around 26 months), that equals $217,490. 

And costs are only projected to increase. In the past five years, long-term care expenses have risen by about 3%, with a big jump in prices from 2016-2017. (5) By 2028, the average cost is expected to increase to $5,376 per month for assisted living, (6) compared to $4,000 today. (7) These costs can vary based on the level of care and amenities needed, as well as the size of the room and the location, so your first step in making your long-term care plan is to decide what type of care you prefer. 

What Type of Care Do You Prefer?

If you have a family history or early signs of Alzheimer’s or dementia or if you suffer from a chronic disease that will require ongoing care or daily assistance, look into facilities that offer the care you’ll need, and share your thoughts with your family. Would you prefer to live in a nursing home or would you like nurses and assistants to come to your residence? Do you want a religious community of care? There are several preferences to take into consideration when considering your long-term care plan. 

Having the option to make these choices yourself lends much-needed autonomy to your long-term care plan. If you wait until you need it, you may not be in good enough health to make the decision or the size of your savings might determine the care you receive. Whether you’re worried about potential health concerns or want to protect your hard-earned wealth, it’s important to understand the long-term care insurance options available to you and whether or not a policy makes sense for your lifestyle and needs. 

Your Long-Term Care Plan

Long-term care coverage isn’t cheap, but it pales in comparison to long-term care costs. Here are some options to consider when creating your long-term care strategy. 

1. Traditional Long-Term Care Insurance

With traditional long-term care insurance, you pay a premium in exchange for the ability to receive benefits if they are needed. If you need long-term care at some point, the policy provides you with money to pay for it. However, if you never need long-term care, then you receive no benefits. It’s a “use it or lose it” policy.

Just like any insurance policy, you will have some coverage choices to make.

Customized Coverage

You can choose the level of insurance you want and select the daily benefit amount for care in a nursing home. You can also add home-care coverage if that is a priority for you. In order to choose the right coverage amounts, you need to know what the cost of long-term care looks like in your state. For example, a private room at a nursing home in Maryland will cost an average of $9,718 a month, and hiring a home health aide could set you back over $64,000 for the year.

Length Of Coverage

You must also decide on the length of time you want the benefits to be paid. Common options are one, two, three, or five years, or for your lifetime. Logically, the longer the benefit period, the higher the premiums you will need to pay. 

Benefit Stipulations

Your policy will also indicate “benefit triggers,” or conditions which must exist to receive benefits from the insurance company. A tax-qualified plan only pays benefits once you are unable to perform two of six activities of daily living without substantial assistance for at least 90 days, or have a cognitive impairment like Alzheimer’s. Non-tax-qualified plans may have less restrictive benefit triggers.

Inflation And Premiums

If you want, you can have your benefits increase with inflation to match future care costs. It is also important to note that premiums can increase as they are not usually set in stone.

2. Life Insurance with a Long-Term Care Rider

With a traditional long-term care policy, people sometimes feel that if they buy it and don’t use it, they would have wasted their money. Because of this, several hybrid products have emerged. One very popular solution is a life insurance policy with a long-term care rider. This strategy is enticing because if long-term care is needed, the funds are available through your policy’s death benefit. If you don’t spend the total benefit available, your beneficiaries will receive the balance upon your death, thus no wasted money. 

If you need life insurance, getting your long-term care coverage as a rider may be a good option. This way, someone will be benefiting from the premiums you are paying, whether it is you or your heirs.

3. Annuity with a Long-Term Care Rider

If you don’t need life insurance, another combination product may be better suited to your situation. If you purchase a variable annuity, you may have the alternative of adding a long-term care rider onto the contract. Since 2010, the IRS allows for the long-term care portion to be used tax-free. (8)

After purchasing the annuity, you would select the amount of long-term care coverage you want, often two to three times the face value of the annuity, as well as the length of time you want coverage. Finally, you have to decide if you want inflation protection. 

This option makes money available to you if you need long-term care. Otherwise, you can cash out the annuity when it matures (in which case you would lose your long-term care coverage) or let it accumulate and ultimately pass on the assets to your heirs. 

Obtaining long-term care coverage through an annuity can be appealing because it is generally less expensive than stand-alone insurance and you can receive coverage without medical underwriting. Annuities tend to be less common than the other choices, though, because of the current low-interest rates and the large up-front investment.

4. Save On Your Own

Consider starting a savings plan specifically for future healthcare needs. One option is to create a separate, high-yield savings account and contribute a specific amount every month, building a contingency fund for whatever healthcare expenses come your way. If you end up not needing long-term care, the money is still yours and can be used for your living costs, unexpected expenses, or an inheritance for your heirs. 

Be Prepared

Regardless of where you are in life and the financial obstacles you face, the important thing is that you start planning for this aspect of retirement. Thinking about the need for long-term care can be deeply unsettling and confusing. At Sea to Peak Financial Advisors, we want to help you plan for retirement and experience life to its fullest now and in the future. If you have questions about your long-term care options and want to make sure you have the coverage you need, schedule a 15-minute phone call or email us at info@seatopeakadvisors.com. For those of you who are clients, we will be reviewing this information with you this quarter.

About Stephanie

Stephanie Bruno is the founder of Sea to Peak Financial Advisors, an independent, fee-only financial advisory firm helping executives bring meaning to their money. Stephanie earned a bachelor’s degree in finance from the University of New Orleans and a bachelor’s degree in English from Ohio State University and holds the Certified Financial Planner® (CFP®), Chartered Life Underwriter® (CLU), Accredited Investment Fiduciary® (AIF), Certified Private Wealth Advisor® (CPWA®), and Retirement Manager AdvisorSM (RMA®) designations. She splits her time between Denver and Seattle, where her husband, Steve, serves as the head of Westside School. Outside of the office, Stephanie honors her mom by serving as board chair of the Women’s Foundation of Colorado. Stephanie and Steve have two smart and accomplished daughters, Emma and Leah, who are currently college students, as well as three lovable dogs. To learn more about Stephanie, connect with her on LinkedIn.

Stephanie Bruno is an Investment Advisor Representative of Dynamic Wealth Advisors dba Sea To Peak Financial Advisors. All advisory services offered through Dynamic Wealth Advisors.

_______________

(1) https://www.morningstar.com/articles/879494/75-mustknow-statistics-about-longterm-care-2018-ed

(2) https://www.advisortoday.com/2017/10/26/ltc/

(3) https://www.genworth.com/aging-and-you/finances/cost-of-care.html

(4) https://longtermcare.acl.gov/the-basics/how-much-care-will-you-need.html

(5) https://www.genworth.com/dam/Americas/US/PDFs/Consumer/corporate/cost-of-care/131168_081417.pdf

(6) https://www.fool.com/investing/general/2017/06/10/your-2017-guide-to-long-term-care-and-long-term-ca.aspx

(7) https://www.genworth.com/aging-and-you/finances/cost-of-care.html

(8) https://longtermcareinsurancepartner.com/blog/using-annuities-to-pay-for-long-term-care

By Stephanie Bruno

We all know that money makes the world go round. We need money to live, we hope to have money for the future, and it would be nice to have money for some of the things we want. But should money rule your life? We don’t think so. 

At Sea to Peak Financial Advisors, we help you create customized and secure financial and investment plans, but we don’t stop there. We strive to show you how to create and achieve a vision for how to use your money to bring more meaning to your life. After all, what is all that hard work for if it doesn’t add up to a better life? Is your interest piqued yet?

About Us In A Nutshell

Sea to Peak Financial Advisors is a fee-only financial planning firm that caters to executives and professionals and the complex planning needs they face. Not only do they usually have multiple retirement plans, concentrated stock positions, unique executive compensation, and tax headaches, they also live full and fast-paced lives; in order to enjoy life, they need someone else to help them with their finances. That’s what we do. Our specialized education and skill set allows us to help you understand your options and how they affect your financial situation.

We use our proprietary process, The Wealth Confidence™ System, to help our clients through the financial and investment process at their own pace, making the experience stress-free and engaging. We leave no stone unturned and examine investment management, debt management, estate planning, asset protection, and more. Regardless of what areas clients choose to work on first, they love seeing the progress and confidence in their financial future developed as a result.

You First, Always

In all that we do, what matters to you is what matters to us. As fiduciaries, we only do what we think is best for you, and as independent advisors, we have the freedom to choose the investments and strategies that are ideal for your unique situation.

We believe there are many reasons why our clients choose to work with us. For one, we act as their personal CFO, with an approachable and inspiring process that results in an organized financial life. Second, our competence, transparency, and confidence instills in our clients hopefulness and excitement about their lives. 

Ready To Start? 

Whether you come to us for executive planning, life and financial planning, or thriving retirement planning, our goal is to eliminate anxiety and help you make smart decisions. If you are ready to use your money to make a difference in your life—and have 15 minutes to spare—let’s schedule a call. You can also email us at info@seatopeakadvisors.com.

About Stephanie

Stephanie Bruno is the founder of Sea to Peak Financial Advisors, an independent, fee-only financial advisory firm helping executives bring meaning to their money. Stephanie earned a bachelor’s degree in finance from the University of New Orleans and a bachelor’s degree in English from Ohio State University and holds the Certified Financial Planner® (CFP®), Chartered Life Underwriter® (CLU), Accredited Investment Fiduciary® (AIF), Certified Private Wealth Advisor® (CPWA®), and Retirement Manager AdvisorSM (RMA®) designations. She splits her time between Denver and Seattle, where her husband, Steve, serves as the head of Westside School. Outside of the office, Stephanie honors her mom by serving as board chair of the Women’s Foundation of Colorado. Stephanie and Steve have two smart and accomplished daughters, Emma and Leah, who are currently college students, as well as three lovable dogs. To learn more about Stephanie, connect with her on LinkedIn.

Stephanie Bruno is an Investment Advisor Representative of Dynamic Wealth Advisors dba Sea To Peak Financial Advisors. All advisory services offered through Dynamic Wealth Advisors.