Retirement Planning

Retirement can be the best years of your life, especially if you have planned well. People tend to live longer today than the retirees of 30 years ago. That fact alone creates a number of considerations when building a retirement plan.

Lifetime Income

You will probably want to maintain your current standard of living during retirement. If you live longer, you need to be sure that your income stream will also keep pace. Income will likely come from a combination of savings, investments, qualified retirement plans, guaranteed income streams, and Social Security. The goal is to optimize each income source.

Health Care

Age-related health issues can quickly consume savings. Even though Medicare is available to retirees, it might not provide the level of coverage you need. Planning for health benefits or long-term care is an important part of your retirement strategy. We can walk with you through the complexities surrounding financial healthcare planning to provide better clarity and peace of mind.

Taxes

Unfortunately, we can’t retire from taxes. If you decide to work part-time, generate income from other investments, or have a sizeable estate that will trigger a large death tax for your heirs, we can analyze your options and will work with your tax professional to help you minimize tax consequences—not to mention reduce the associated stress and your blood pressure.

Aspect Retirement Planning

Income Distribution  •  Scenario Analysis  •  Benefit Planning  •  Social Security Optimization  •  Tax Efficiency