Retirement Planning

Wherever you are on your retirement journey, we work with indviduals to understand their full financial picture and develop retirement strategies to ensure they’re doing the right things, at the right times, to enjoy the retirement they want.

Helping individuals prepare for retirement

Wherever you are on your retirement journey, we work with individuals to understand their full financial picture and develop retirement strategies to ensure they’re doing the right things, at the right times, to enjoy the retirement they want.

Retirement Lifestyle Planning

We’ll develop a plan that strives to keep you on track to live the retirement of your dreams, but that first involves thinking about what you want to do, where you want to live, and what you want your lifestyle to be as a retiree.

Retirement Income Planning

A solid retirement plan seeks to provide income from diversified sources such as annuities, social security, and investments.  We will help manage your income in retirement as part of a holistic strategy, adjusting as needed.

Qualified Benefits Plan Review

We review plan design for small and mid-size companies to help you determine what will best fit the needs of your organization and participants.

Social Security Benefits

Social Security will be an important part of your retirement plan. We’ll make sure to incorporate these benefits into your broader retirement plan and income strategy.

Asset Management Programs

We’ll invest your savings across a diversified mix of asset managers and allocate your assets in a way that balances your need for growth and stability, adjusting as your risk tolerance and need for income changes. 

Long-Term Care Planning

You should plan for the possibility that you’ll need long-term care at some point. during retirement since Medicare doesn’t cover it. We’ll help you develop a retirement plan that covers the potential costs of long term care.

We help you develop a retirement plan based on your financial goals, objectives, and time horizon

Retirement planning involves making sure your money lasts as long as you do by taking steps to minimize risks to your retirement savings

LONGEVITY

People are living longer and longer. Unless you’re realistic about how long you may actually live, you may be putting yourself at risk of outliving your retirement savings.

VOLATILITY

It’s impossible to predict the ups and downs of the market, or even flat performance, especially early in your retirement can signifigantly reduce your assets and impact how long your money will last.

INFLATION & TAXES

Inflation and taxes both can have a large impact on your purchasing power. For example, with an inflation rate of 4 %, the purchasing power of $100,000 today will be cut almost in half within 15 years. Furthermore, when withdrawling money from tax-deferred accounts you will also be subject to income taxes.

HEALTH CARE

Most people assume they’ll be covered by Medicare in retirement; however, Medicare does not fully cover your health care expenses or any long term care needs. Additionally, health care costs are rising faster than the overall rate of inflation.

LONG-TERM CARE

The duration and level of long-term care will vary by person and often change over time. On average, someone turning age 65 today has almost a 70% chance of needing some type of long-term care service, according to 2022 data reported by the Administration for Community Living.

LEAVING A LEGACY

By understanding the money you have to spend in retirement, you can better plan for what you want to give to you loved ones or charities, both in life and after death. 

 

Speak With a Financial Consultant

Schedule a quick call with an advisor at no cost and no obligation.