any Americans look forward to an active and rewarding retirement. With uncertainty about Social Security and the decline of traditional pension plans, planning and funding retirement is increasingly the responsibility of each individual. As you plan for retirement, there are several important factors you should consider:
We can help you create a retirement income plan that addresses these risks. For a complimentary consultation, please contact us or get on our calendar here: https://calendly.com/planningforgood/retirement-income
You know how important it is to plan for your retirement, but where do you begin? One of your first steps should be to estimate how much income you'll need to fund your retirement. That's not as easy as it sounds, because retirement planning is not an exact science. Your specific needs depend on your goals and many other factors.
Need help figuring this out? Ask us about our retirement planning services.
During your working years, you've probably set aside funds in retirement accounts such as IRAs, 401(k)s, or other workplace savings plans, as well as in taxable accounts. Your challenge during retirement is to convert those savings into an ongoing income stream that will provide adequate income throughout your retirement years.
Each person's retirement is unique, so not every investment type will be a good fit.
First, let's find out what you are trying to accomplish. We'll discuss your current assets, expenses, sources of income, risk tolerance, time horizon, etc. These details help us design a strategy to match your personal circumstances.
View a sample Retirement Income Analysis here.
Interested in understanding how annuities can create a reliable income stream and if they are right for a portion of your savings? Click below...
Understanding Annuities: what to consider FIRST, what strategies are available and how do they fit into your overall retirement plan.