Adding money
A drop is a discount. Every paycheck buys more shares at a lower price, and you never had to sell anything.
Family-run · Retirement income planning · Colorado Springs
Most retirement plans are built to grow your money. Yours has to pay you a monthly income.
We build income plans for people who are five to ten years on either side of retirement. Not a growth portfolio with a withdrawal rate attached — a plan built around what you actually need to spend, month by month. No two of ours look the same.
Your portfolio averaged 9% a year.
Is that good?
The volatility tax
Two portfolios. The one that earned less ended up with more.
Both retirees started with the same savings and took the same monthly income. One portfolio averaged 9.0% a year. The other averaged 9.5%. Twenty years later, the one that averaged less had more money left — and the difference was not returns. It was the order they arrived in.
Same returns. Same 9.5% average. Only the order changes.
Steady — 9.0% every year
Average return
9.0%
What it actually earned
9.00%
After 20 years
$2,279,245
Volatile — higher average, rough ride
Average return
9.5%
What it actually earned
7.77%
Money ran out
Year 10
The portfolio with the higher average return ran out of money in year 10. The steady one still has $2,279,245.
Accumulation vs. distribution
The plan that got you here may be the wrong plan for what comes next.
While you are working, a down year is an inconvenience. You do not sell anything — you wait. Once you are withdrawing, a down year means selling shares at a discount, and those shares never come back.
Taking money out
A drop is permanent. You sell shares to eat, at the worst possible price, and those shares are not there when the market comes back.
First 5 years of taking distributions
With the wrong plan, a rough start could take more than a decade off how long your money lasts.
Our process
The Next Phase Plan®
The money paying you next year should not be sitting in the market. The money paying you in 2056 should be. So we do not build one portfolio — we build a series of them, lined up along your retirement, each with a different job.
Funded by your portfolioCovered by consistent monthly income
Segment 1
Age 62–66
$530K
to fund today
Pays you now
Stable and predictable, not exposed to the market
Segment 2
Age 67–71
$204K
to fund today
Pays you next
Short-term bonds and conservative income
Segment 3
Age 72–76
$166K
to fund today
Refills Segment 2
Balanced — some growth, still defensive
Segment 4
Age 77–81
$122K
to fund today
The middle distance
Growth-leaning, with time to recover
Segment 5
Age 82–86
$91K
to fund today
Later years
Growth — two decades before it is touched
Segment 6
Age 87–91
$65K
to fund today
Longevity and legacy
Long-horizon growth and inflation defense
Consistent monthly income, once it all switches on
$5,100/mo
Against a $9,000/month target
Your portfolio covers, in year one
$9,000/mo
Starting at age 62
What this plan takes to fund
$1,177,960
The starting scenario
Change one answer and the allocation changes — not just the total. Claiming Social Security at 70 barely moves what the whole plan costs, but it nearly doubles what Segments 1 and 2 have to carry — because you are funding the gap yourself until the checks start. That is why two people with the same savings do not get the same plan.
How it works
How we work together
The Next Phase Conversation
Thirty minutes. We map where your income is actually going to come from — Social Security, a pension if you have one, rental income, and what your investments need to cover after that.
Your Next Phase Plan
We build a plan around your real numbers: your timing, your spouse's timing, your taxes, and your outside income. You will see exactly what is paying you and when.
Your paycheck starts
The plan goes live and the money shows up monthly.
Who we serve
Built for the years around retirement.
We work best with people who are five to ten years on either side of retirement who have built something worth protecting, and want a plan that gives them consistent lifetime income. A good share of them are tied into the tech and defense contracting industries.
- Pre-retirees, 55 to 65Five to ten years on either side of the last paycheck.
- Defense and tech industryA pension you elect once, and accounts inherited from a merger.
- Retiring with a pensionThe lump sum or the annuity — a decision you make once.
- Retiring without a pensionYour portfolio has to become the pension you never had.
- Couples with an age gapTwo Social Security dates, two Medicare dates, one plan.
- Executives with concentrated stockGetting out of one position without a tax bill you did not plan for.
And who we are probably not right for
If you want to pick your own stocks and have someone execute your trades, that is not us. If you want the highest possible return and you are comfortable with the ride, that is not us either. We are built for people who want consistent monthly income and a plan they do not have to think about.
The firm
A family-office feel. The resources of Osaic.
Papa Wealth Management is a family-run firm in downtown Colorado Springs, supported by Osaic — one of the largest independent wealth management firms in the country, with more than 11,000 financial professionals nationwide. That scale works behind the scenes. What you experience is a boutique family office.
When you call, you reach someone who knows you.
“I will stay committed to providing you guidance in both good times and bad. I will tell you the truth, even if you really don't want to hear it.”
Also on the table
The rest of the picture
- Learn more
Concentrated stock
When a large share of your net worth sits in one company's stock, getting out of it without an unplanned tax bill takes a strategy. We build one, and we stage it over time.
- Learn more
Tax-smart investing
Tax-loss harvesting and thoughtful asset location on your taxable accounts. Small tax savings, repeated across a 30-year retirement, add up.
- Learn more
Private markets
Access to private equity and other alternative investments, where they fit your plan.
Questions
Straight answers
The people who get the most from what we do usually have around $1 million or more in investable assets. We have made plenty of exceptions for people still building, especially tech and defense executives who are earning well and are about five years out.
We are fee-based. Portfolios are held at Charles Schwab and we are paid a percentage of what we manage, so we do better when you do. We are not paid commissions to sell you products. We will walk through the exact schedule in our first conversation.
No. A lot of people think you retire, buy an annuity, and everything is solved. It can also lock up your money when you need flexibility most. We are plan-driven, not product-driven. If a product fits your plan, we will say so.
Most portfolios are built around a risk tolerance questionnaire. Ours are built around your income — what you need, when you need it, and where it comes from. While you are still saving, that difference matters very little. Once you start withdrawing, it matters a great deal.
Usually two to three weeks from our first conversation, once we have your statements and your Social Security estimates. We would rather take an extra week than hand you something we have not stress-tested.
No. We can work with clients in all 50 states. Most of our clients are in and around Colorado Springs, but we have clients all over the country.
We listen. You tell us what you want retirement to look like and what worries you about it. We will tell you honestly whether what you have will support it. There is no cost and no obligation, and if we are not the right fit we will say so.
Let us find out what your portfolio can actually pay you.
Thirty minutes to see where your income will come from. If we are not the right fit, we will tell you.