Retirement Planning

Planning for retirement can feel overwhelming. Many new clients often ask important questions like, “How much should I save?” or “Do I need $1,000,000 to retire?” There’s a lot of uncertainty that comes with no longer having a steady income. You may also have concerns about what happens in the event of a spouse’s passing and how it could impact your retirement plan.

Through a thorough and comprehensive financial planning process, we’ll work together to address all of these questions and provide you with peace of mind so that you can truly enjoy the “golden years” of your life.

Navigating the Landscape of Retirement Planning

Retirement Needs Analysis

We examine the current financial situation, estimating potential future income sources, assessing expenses and cost of living adjustments for retirement, and calculate the amount of retirement savings needed to meet goals and objectives.

Social Security Planning

We understand how and when to claim your Social Security benefits to maximize your lifetime income. It’s more than just deciding when to apply; it encompasses a range of factors including your health, life expectancy, tax situation, and personal savings.

Retirement Income & Distribution Strategies

We use various methods and approaches for managing and distributing income during retirement. This may involve analyzing sources of income, such as pensions, Social Security, and investments, and developing a plan to ensure a steady stream of income throughout retirement. Additionally, this may involve considering tax implications, investment strategies, and withdrawal strategies to optimize income and meet financial goals in retirement.

Frequently Asked Questions:
Employer-Sponsored Retirement Savings

How does my employer-sponsored retirement savings plan work?
What is my optimal savings goal?
What is the required contribution amount to qualify for the matching contribution?
What is the best approach for selecting funds?
What should I do if I find myself in need of a loan?
What are the tax benefits of participating in an employer-sponsored retirement savings plan?
When can I withdraw money without any penalty fees?
When can I withdraw money without any penalty fees?
How is my employer-sponsored retirement plan impacted if I change employers?
What are my options for saving for retirement if my employer doesn't offer a retirement savings plan?

Anchor Your Financial Future with Our Comprehensive Services

Take control of your financial future and achieve your long-term financial goals by working with a trusted financial planner. Get started today!