Secure Your Retirement
We create holistic financial plans designed to help with the five critical components of retirement planning.
Financial Planning
Financial planning involves assessing your current financial situation, identifying your goals, and creating a clear path to achieve them. A skilled financial planner will assist you by:
- Defining your financial and personal objectives.
- Collecting details about your finances, such as taxes, retirement accounts (401(k), IRA, Roth IRA etc..) other investments, insurance, income, and debts.
- Aligning your finances with your goals.
- Identifying overlooked opportunities and potential landmines.
- Advising on key financial decisions like Social Security, pensions, Medicare, and retirement plans.
- Establishing a solid financial strategy and keeping you on course toward your goals.
Retirement Planning
For most retirement is a one-time transition, and it comes with some of the most significant financial decisions you'll ever make—decisions that are often irreversible. As you prepare for this next chapter, you may have many questions, such as:
- When is the right time to retire?
- How much income will I need to maintain my lifestyle?
- How do I manage market fluctuations in my retirement investments?
- What's the best strategy for taxes during retirement?
- What will healthcare and insurance cost?
The choices you make regarding Social Security, pensions, investments, and taxes can have a profound impact, potentially saving or costing you tens or even hundreds of thousands of dollars. We can guide you through this process.
Investment Management
Planning for retirement can be overwhelming, especially with so many investment options to consider. You may wonder:
- Which accounts to invest in? IRA, Traditional, or Roth, 401(k).
- Which is better: stocks, bonds, mutual funds, or ETFs?
- What management style is best for me?
- How do I choose the right investments for my goals?
- Do I manage it myself, or hire a professional?
We understand that navigating these decisions can create anxiety, and finding a trusted financial planner can be challenging.
Our goal is to help simplify these choices and guide you toward sound investment decisions for a secure future.
Risk Management
When most people think about risk management, they focus primarily on the market risk affecting their retirement savings.
However, a comprehensive risk management strategy also safeguards your financial future against unexpected life events and expenses.
We evaluate various “what if” scenarios to assess how these events could impact your plan and identify ways to reduce risks. Two key scenarios include:
- Death of a Spouse: How would your surviving spouse or any dependents fare financially if you passed? How might this affect their financial security?
- Long-Term Care: What if you require long-term care? With the high costs of nursing home care, how would you and your spouse manage this burden without draining your finances?
Estate Planning
Estate planning may not be the most exciting task, but it's a crucial part of a well-rounded financial plan.
Many people think estate planning is just about passing on wealth to their heirs after death, but it also involves decisions that affect you and your spouse during your lifetime, long before anyone inherits anything.
The two primary goals of estate planning are:
To protect you and your spouse in the event of unexpected situations, such as an early death or long-term health costs.
To ensure your inheritance is transferred smoothly and in the most tax-efficient way possible to your loved ones.
By planning ahead, you can safeguard both your future and the legacy you leave behind.
