Retirement Planning

Questions you may be asking about Retirement?

When can I retire and be comfortable?
How much can I spend? Will my spending habits change over time? (‘Go-Go’ years vs. ‘Slow-Go’ years vs. ‘No-Go’ years’)
What if I live a long time?
How much will health care cost? How about long-term care?
Will my investments and income keep up with inflation?
How much risk should I take with my investments? What if the markets drop?
How will taxes affect my retirement? How can I minimize them?
- I have a few different accounts with different tax qualifications (eg. Roth IRA, Traditional IRA, 401k, Non-qualified Brokerage account, etc.). Which account(s) should I draw my income from and how will this affect me tax-wise?

Confidence in knowing you will not run out of money so that you can enjoy the retirement you have worked so hard for
Maximization of your resources towards your goals
An understanding of the risks in retirement, and strategies and a plan for reducing these risks
A greater understanding around how decisions in your life will impact your financial future.
- For example, do you want to travel the world? Do you want to live half-time in another city where your kids live now? Etc.
- How will these decisions impact you financially? And what are the best options based on your goals and priorities?

Step 1: Identify, quantify, prioritize goals
Step 2: etc.
Analyze and evaluate what track you are on now, and identify adjustments you can make to be on a better track based on your goals. Examples of adjustments we may review includes
- Spending rate
- Savings rate
- Investment strategy
- Retirement Date
- Income strategy (Which accounts to draw income from)
- Evaluate health and long-term care insurance options
Position you as an informed decision-maker; then work with you to implement a retirement plan you are comfortable with