Retirement has vastly changed over the years, particularly since the most recent recession. Your grandparents and parents likely relied on pensions, private savings, and Social Security to build a stable income for retirement. Today, there is an increasing burden on individuals and families to ensure their assets last through their retirement. These changes demand a new way of planning.
Generally speaking, there are three phases of retirement planning:
1 Building assets 10 or more years prior to retirement
2 Transitioning into retirement
3 Maintaining or drawing down assets through retirement years
Working with clients in all of these phases, we have created an effective way to plan that incorporates:
Determining what elements impact your wealth-building potential
Mapping out a comprehensive plan designed to protect your assets and achieve your objectives
Evaluating the universe of retirement strategies available to you
Developing a plan to maximize retirement income while minimizing risk, and building tax strategies
Helping you understand the differences between investing and disinvesting
Providing you access to our industry-leading software program, MoneyGuidePro, to track your progress and help you stay on course
All investing involves risk, including the potential for loss of principal. There is no guarantee that any investment strategy or plan will be successful.