Addressing the priorities of RETIREES
The need for a financial plan doesn’t end with retirement. Because people are living longer today, the possibility of going 30 years without a paycheck takes careful planning and disciplined investing.
It is important to have an experienced financial advisor whose goal is to help you with preserving your wealth, creating sustainable income throughout retirement and maintaining your standard of living. To this end, there are many things we do. One is to create a personalized plan designed to preserve your wealth and mitigate the impact of market risk, taxes and inflation. This includes creating a sustainable withdrawal strategy to strike a careful balance between your need for monthly income and your desire to make your money last your lifetime.
We will help you differentiate your essential living expenses from aspirational lifestyle expenses, manage your required minimum distributions and determine the most tax-efficient ways to draw income from your taxable and tax-deferred investments.
We’ll also make sure to review important matters such as Social Security and Medicare. Plus, we’ll collaborate with your legal and insurance professionals on important matters such as having a plan for your estate, and having the protection provided by life insurance and long-term care insurance.
You’ve worked hard all your life to arrive at this significant stage of your life. Our goal is to help you enjoy your well-deserved retirement.
There is no assurance that any investment strategy will be successful. Investing involves risk including the possible loss of capital. Withdrawals which exceed income will reduce the value of your portfolio.