Case Study: A Newlywed Couple’s Journey to Financial Freedom

Introduction

Amy and Kevin decided to engage with Truly Aligned because they knew they needed a comprehensive joint financial plan. The two recently remarried and sought to combine finances, optimize their investments, and prepare for midlife and beyond. In addition, there were a couple major inflection points to prepare for in the coming years – Kevin’s daughter would be going to college and at that time, the couple planned a part-time move to Central America as they worked towards retirement. 

Challenges and Goals

Before partnering with Truly Aligned, both Amy and Kevin faced significant anxiety about financial planning, even prior to their marriage, which led to years of inaction on both of their parts. Now that they were married, they knew they required a more holistic, personalized and strategic approach but the complexity and fear associated with the whole process left them idle, stressed, and frustrated. This was most certainly not ideal given they were just married and excited to embark on a new life together! 

Decision-Making Process

The couple finally pulled the trigger when they were introduced to Truly Aligned and the company’s comprehensive customer-centric financial planning process. Unlike other investment management and financial planning firms the couple had researched, Truly Aligned’s process began with the end goals in mind and a detailed planning process to map out a clear path to achieve them. Hard numbers were never discussed in the early meetings, which made the process digestible, engaging, and fun.

Implementation and Onboarding

As the couple was onboarded, they were particularly impacted by Truly Aligned’s Financial Alignment Experience and the Lifetime Financial Strategy process, as it helped them reframe their financial thinking around their vision of the future. The step-by-step guidance made it easy to implement the recommended strategies, ultimately showing the couple how a handful of small changes today could significantly increase their net worth over time.

Service Experience

The financial planning process became surprisingly enjoyable and motivational for Amy and Kevin, particularly given the empathy and understanding they received to calm their financial planning fears. The team was always available and no question was too small, which fostered a high level of comfort and trust between Truly Aligned and their clients. The couple now has a clear five-year plan with defined goals and targets for how to get their daughter to college and move to Central America, something they never thought they would be able to achieve in such a short period of time! 

Results and Achievements

Working with Truly Aligned provided the couple with a much more holistic view of their finances as they combined resources post-marriage and proactively planned for their future together. With additional diversification of investments and ongoing communication to work towards staying on track with tweaks to their plan, the couple has seen a dramatic reduction in financial anxiety, leading to a meaningful and clear path to their future.

 

“It has been such a treat to work with Truly Aligned and their team of experts to make the financial planning process easy, fun, and exciting,” said Amy. “If you are at all apprehensive about starting on your own path to building a financial plan, we highly recommend Truly Aligned and their step-by-step process to help clients visualize their future and execute on their desired goals to live the life they want.” 

 

Conclusion

In the end, Truly Aligned has dramatically transformed Amy and Kevin’s approach to financial planning, turning a source of fear and anxiety into a fun and exciting journey towards pursuing their dreams. Through personalized, strategic, and empathetic guidance, Truly Aligned has set the couple on a clear path to financial performance and independence as they plan for two, five, ten and fifty years from now. 

Disclosures: 

This is a hypothetical example and is not representative of any specific investment. Your results may vary. (88-LPL)

This is a hypothetical situation based on real life examples. Names and circumstances have been changed. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investments or strategies may be appropriate for you, consult your advisor prior to investing. (150-LPL)

There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk. (26-LPL)