Customized Roadmap | Financial Freedom
Objective Investment Solutions
Do you have enough saved to generate the income needed for the lifestyle I want in retirement?
That’s the primary question for most people and one we help answer. We work with you today to make sure you’re contributing enough to comfortably meet your retirement needs, taking into account any executive compensation plans.
Then when the time comes, we’ll help you select and execute the best funding strategy for your goals.
Cohesive retirement planning
Navigating toward your financial security.
Disciplined Retirement Planning Process
Set your retirement goals
Arrange your goals into short, medium and long-term goals. Assign a dollar amount to each where appropriate.
Assess your current financial position
To help you achieve your retirement goals, you need to take stock of where you are today. A net worth statement will identify all of the assets from which retirement income may be derived.
Identify retirement income sources
Retirement income may come from a variety of sources and the percentage of each may change over time. These sources may include a pension, Social Security, IRA accounts and other savings, and even part-time work.
Evaluate retirement risks
You must consider the risks that affect your retirement income. Inflation will erode the purchasing power of your income over time. The various investment markets may occasionally falter. You may well live to be 100 years old. All of these risks need to be taken into account.
Understand health care issues
Retirement usually brings a change in health care insurance coverage. If you retire before age 65, you may need to secure health insurance on your own. After 65, Medicare is available, though you may wish to consider Medigap insurance to cover the cost between your doctors’ fees and what Medicare pays.
Invest your retirement assets
With goals identified and portfolio withdrawals requirements defined, develop a written investment policy that will govern your investment approach. The investment policy statement is your retirement investments road map.