Retirement Planning

How can I create a steady stream of income that lasts through retirement?
Picking the right investment mix to secure your retirement income is one of the most important pieces of planning you’ll ever do. It’s a whole different conversation from the investment strategies we use to accumulate assets while working. Make sure to get advice about retirement income planning from a specialist in this area.

Is my family's future protected if something happens to me?
Your family's future is only protected if you have a sound retirement plan and enough savings and investments to cover their financial needs. You can start saving/investing now to secure your family’s future. A specialist can help you plan protection for your family whether or not you’re able to complete your savings plan.

I am retiring in 2-3 years. What should I do now to prepare?
It's best to consult a financial advisor to assess your retirement readiness and maximize your savings and investments. At this point you’re in the “Retirement Red Zone”. You want to lessen your risk and begin planning investment vehicles that will produce a steady stream of income for when you retire, as well as growth strategies for future income streams. You want to be sure you cover all the biggest risks to a successful retirement.

What are the biggest risks to my retirement plan?
The biggest risks to a successful retirement are taxes, inflation, big medical costs, portfolio volatility and outliving your assets. You'll want your plan to address each of these risks to maximize your chances for success in your retirement strategy. Of course, complacency and failing to plan is a sure way to fail. Lack of planning leaves you vulnerable to poor decisions and post-retirement struggles. Get specialized help and get started today. You CAN do this!

When should I start taking my social security?
Glad you asked! This is an often overlooked but extremely important decision! It’s an individual decision based on several factors unique to your situation, and should be considered carefully, hopefully with an advisor who can compute for you what various options would give you in terms of income over your lifetime. Taking social security too early can result in a big reduction in benefits over your lifetime! But for some people, early is best. If you are married, or were once married, more factors come into play. Please, please, please, pull your social security report and think about this with a knowledgeable financial advisor!