Our Process

  Piece by Piece™ Framework 

Building Financial Self-Sufficiency and Beautiful Lives, One Piece at a Time

Whether a woman seeking to build financial independence, a couple preparing for retirement, or a business professional wanting to transition out of his or her career, our clients all come to us with something in common- they’ve built up a nest egg of money that they plan to live off of, and they are in search of assistance in caring for it wisely so that it has the capability of lasting throughout their lives, giving them the confidence that they’ll always be able to take care of themselves and those they love. 

At Craig Wealth Advisors, we value the savings you’ve worked to build, and our process is specifically intended to help preserve your savings while also maximizing the potential for how your savings can support your life. 

We’ve spent over 20 years developing our Piece by Piece framework, which begins with investing a portion of your nest egg with the intention of allowing you to live off of the interest and dividends it creates, without cutting into the principal. Our goal is to help you replace the monthly income you have been receiving with a check from your investments. 

The Piece by Piece™ framework is designed to help you build and maintain financial self-sufficiency so you can have the freedom and independence to make the most beautiful choices for your life and the lives of those you love, without having to solely rely on outer sources for your financial security, such as social security, a pension, a job in your later years, or even another person’s income.

Here is how we help you build a plan toward financial self-sufficiency:

1. Discover

First, we get to know you and what beautiful choices you are hoping to make:

  • Are you recently divorced or widowed and want to be able to take great care of yourself and your children without having to go back to work?
  • Are you a couple that wants to retire without having to worry about your finances, and to have the financial flexibility to do special things like take your family on a memorable trip?
  • Are you a successful professional who wants to retire as soon as possible so you can start enjoying more time at home with your kids? 

We look at the choices you are hoping to make for your life, and then, we gather information on all the pieces of your finances so we have the tools to build a customized plan, giving you the financial self-sufficiency to make those choices possible.

We believe you deserve to become financially self-sufficient so you can have the freedom and independence to make the most beautiful choices for your life and the lives of those you love.

And we believe that with the right plan, you can have the financial self-sufficiency to retire early, to ensure your money lasts throughout your life, and to know that you’ll always be able to take great care of yourself and those you love in the way you dream of.

3. Monitor & Adjust

Part of carrying out a successful plan is making sure we monitor your investments and any changes in the market so we can make necessary adjustments along the way to keep your plan intact. We also remain in communication with you to support you with any spending decisions you may be considering by helping you know how each decision will or will not affect your plan, providing you with confidence that you’re making the best financial decisions each step of the way.  

Our goal is to help you remain financially self-sufficient throughout your life, so you can have the freedom and flexibility to make the beautiful life choices that call to you… for yourself and for those you love.

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2. Build

Utilizing our proprietary 3-step Piece by Piece framework, we build the three pieces of your financial plan- Income Today, Income Tomorrow, and Flexibility. 

  • Income Today is where we take a portion of your savings and invest it in a way that works to create interest and dividends that you can live off of, without cutting into the principal of your investments. This first piece is intended to give you the confidence that you have the financial provision you need on a daily basis.

  • Income Tomorrow is where we create a “back-up plan” for your Income Today portion. We invest a portion of your savings into low-risk investments so that should anything happen to your Income Today portion, these investments are put in place to help create a source of monthly income for future years to come. This second piece is created with the goal of helping you maintain financial self-sufficiency for life.
  • Flexibility is where we take a portion of your savings and invest it for growth with the intention of creating an amount that you can set aside for unforeseen expenses or desires, such as helping a family member in need or having the freedom to go on a vacation. This goal of this third piece is to help you have the financial flexibility to make beautiful life choices as needed.

    1. Discover

    First, we get to know you and what beautiful choices you are hoping to make:

    • Are you recently divorced or widowed and want to be able to take great care of yourself and your children without having to go back to work?
    • Are you a couple that wants to retire without having to worry about your finances, and to have the financial flexibility to do special things like take your family on a memorable trip?
    • Are you a successful professional who wants to retire as soon as possible so you can start enjoying more time at home with your kids? 

    We look at the choices you are hoping to make for your life, and then, we gather information on all the pieces of your finances so we have the tools to build a customized plan, giving you the financial self-sufficiency to make those choices possible.

    i

    2. Build

    Utilizing our proprietary 3-step Piece by Piece framework, we build the three pieces of your financial plan- Income Today, Income Tomorrow, and Flexibility. 

    • Income Today is where we take a portion of your savings and invest it in a way that works to create interest and dividends that you can live off of, without cutting into the principal of your investments. This first piece is intended to give you the confidence that you have the financial provision you need on a daily basis.

    • Income Tomorrow is where we create a “back-up plan” for your Income Today portion. We invest a portion of your savings into low-risk investments so that should anything happen to your Income Today portion, these investments are put in place to help create a source of monthly income for future years to come. This second piece is created with the goal of helping you maintain financial self-sufficiency for life.
    • Flexibility is where we take a portion of your savings and invest it for growth with the intention of creating an amount that you can set aside for unforeseen expenses or desires, such as helping a family member in need or having the freedom to go on a vacation. This goal of this third piece is to help you have the financial flexibility to make beautiful life choices as needed.

      3. Monitor & Adjust

      Part of carrying out a successful plan is making sure we monitor your investments and any changes in the market so we can make necessary adjustments along the way to keep your plan intact. We also remain in communication with you to support you with any spending decisions you may be considering by helping you know how each decision will or will not affect your plan, providing you with confidence that you’re making the best financial decisions each step of the way.  

      Our goal is to help you remain financially self-sufficient throughout your life, so you can have the freedom and flexibility to make the beautiful life choices that call to you… for yourself and for those you love.

      Investing involves risk and you may incur a profit or loss regardless of strategy selected, including diversification and asset allocation