Coastal Financial Planning Group

Coastal Financial Planning Group is a financial planner in Charleston, SC, located at Charleston, SC. The firm holds a 5.00 rating based on 1 review.

Founder Rick Durkee leads a team of financial professionals that includes client experience manager Niki Derderian. The firm specializes in retirement income planning through a process called the Retirement Income Planning Roadmap. This six-step roadmap involves understanding client goals, assessing risks and opportunities, and implementing a written plan. The process includes identifying risks and issues related to market volatility, longevity, withdrawal rates, and Sequence of Returns Risk, which the team refers to as RIOs. The planning approach incorporates tax-forward planning, Social Security and Medicare strategies, savings withdrawal rates, and adjustments to investment strategies for retirement versus non-retirement years.

The firm's services are designed to help clients increase retirement income streams, maximize Social Security benefits, and minimize income taxes. The team utilizes a discovery process that involves gathering documents such as 401k statements, bank accounts, IRAs, life insurance, Social Security information, and tax returns to build a detailed written retirement income plan. The firm’s core values include earning trust, providing expertise, embracing innovation, and expressing gratitude.

BizScoreAI awarded the business a Discoverability score of 100 out of 100, which measures whether AI crawlers are allowed in and can find every page of the website, the first step before any AI assistant can recommend the business. The firm received a Technical score of 96 out of 100.

Services:

• Retirement Income Planning Roadmap
• Social Security & Medicare Planning
• Tax Planning