Concerns of a retiring individual

Do I have enough?
Running out of money is the #1 concern for many retirees as well as the millions of Baby Boomers nearing retirement. If you share this concern, we would suggest we sit down to discuss the Retirement Funding Sensitivity illustration we can put together for you with very little effort on your part. Through this illustration, we can help you figure out how much you might need to accumulate to retire on. This will also serve as a nice road map so we can work on continuing to improve your situation over time.

Can I maintain my lifestyle?
Outside of accumulating assets, this can be the next most important piece of your retirement. It does not matter how much you have saved if you do not know how to create a sustainable income. Through our Retirement Income Planning process we will work with you to conservatively estimate your income needs, so we can be sure to have a retirement income strategy in-place so you can keep up with the lifestyle you have grown accustom to.

When should I start drawing Social Security?
There a numerous ways you can take social security, and the best way for one individual may be completely different for another. We have social security optimization tools to help us analyze your benefit so we can come up with a strategy for you to maximize the benefit you will receive. Each year around your birthday you should receive a social security benefit statement in the mail. If you provide us with a copy, we would be happy to help determine what makes the most sense for you.

How can I make sure I don't lose money?
In recent years, no matter what one's risk tolerance was, it was violated. We understand that minimizing loses is a key to having a successful portfolio. Although risk can not be eliminated, we have a diversified approach to help us better manage risk, and to minimize volatility within portfolios. We will carefully examine your time horizon & risk tolerance to make sure our investment strategy is in-line with what you will be comfortable with.

Leaving an estate
Eventually, each of our times will come. Leaving a gift behind to your loved ones and the organizations you care about is a great way to leave a legacy. If this is a desire that you have, we can work with you help you figure out the most efficient way to accomplish this.

No matter what your retirement concerns or needs are we are able to help you plan. After all the biggest detriment to retirement, is not doing your due diligence and planning for the known, and the unknown. Please feel free to call or e-mail us to set up a complimentary retirement planning consultation.