Phase Three: Navigating the Descent Navigating the Descent Perhaps the most difficult and dangerous part of the journey is Phase 3, or coming back down the financial mountain. Clients worry about running out of money, suffering investment losses or facing rising medical costs. Wealth management strategies can help minimize risk to the wealth you worked so hard to aquire.Addressing these risks can provide peace of mind and help you enjoy your "Golden Years." Also, a plan will help ensure you do not out live your retirement assets and help you maximize social security income. Protecting your estate from long-term care expenses so you can leave an appropriate legacy to help ensure that you finish your journey with dignity.