Johnson Family
Service: Financial Planning
Client: Johnson Family
Date: September 2025
Amount Saved: : $25,000 in retirement savings
Introduction:
The Johnson family sought KSFG’s expertise to develop a comprehensive financial plan for their future. With a growing family and several children approaching college age, the Johnsons were concerned about their ability to save enough for retirement while managing educational costs.
Client Background:
The Johnson family had accumulated significant assets over the years, thanks to successful careers and a thriving small business. However, despite their financial success, they were unsure whether they were adequately prepared for retirement and the rising costs of their children’s education. They had no formal financial plan in place and were looking for professional guidance.
Challenge:
The Johnsons faced two major financial concerns: saving for their retirement and funding their children’s college education. While they were contributing to retirement accounts, they were unsure whether they were on track to meet their long-term retirement goals. Additionally, they hadn’t yet started saving for college, and the rising cost of tuition was a source of anxiety for them.
Their financial situation lacked clarity, and they were unsure how to prioritize their savings goals. They needed a clear strategy to balance these objectives and provide peace of mind.
Solution:
KSFG conducted a thorough assessment of the Johnson family’s financial situation. We developed a tailored financial plan that balanced their short-term goals (funding their children’s education) with their long-term goals (retirement savings). We recommended tax-advantaged accounts, such as 529 college savings plans, and suggested ways to optimize their existing retirement accounts to maximize their savings.
Our team also developed a detailed investment strategy that ensured the Johnsons were on track to meet their retirement goals, considering their current lifestyle and future aspirations. We helped them understand their budget and adjust their spending to allocate more funds toward their savings.
Outcome:
With the new financial plan in place, the Johnsons increased their retirement savings by $25,000 over two years. By establishing a 529 plan for college savings, they were able to reduce the financial burden of tuition. Most importantly, the Johnson family felt a sense of security knowing they were on track for both their retirement and their children’s education, enabling them to plan their future with confidence.
Service: Financial Planning
Client: Johnson Family
Date: September 2025
Amount Saved: : $25,000 in retirement savings
