Risk
Does your investment risk align with your retirement date? Many people do not understand their risk exposure and how it could prevent them from retiring when they want to. Some people see themselves as a conservative investor but then have high risk exposure in their portfolio.
Social Security
Monthly payments differ substantially depending on when you start receiving benefits. When considering at what age to start Social Security benefits, it may be a good idea to review all the assets you have gathered for retirement. Some may want the money sooner, while others may benefit by waiting.
Withdrawal Strategy
Creating a distribution strategy can be complex and change in your retirement years. With careful planning, you can optimize your taxes and income with a retirement income strategy. Does this mean that taking regular, periodic withdrawals during retirement makes similar good sense?
How long can my savings last?
Eliminate the guesswork. A distribution strategy in retirement is just as important as the accumulation strategy. Working with a local advisor versed in the transition process of living off of your retirement assets means you have a dependable source to help you plan. We implement financial strategies based on what is most important in your life.
Work with a guide and advocate to help craft an effective financial plan.
