Retirement is an exciting prospect for many and choosing how to spend your retirement could likely be based upon the planning you do today. So, where will your retirement money come from? If you’re like most people, qualified-retirement plans, Social Security, personal savings and investments are expected to play a role. But you must also take into account, where you will live, healthcare and travel.
Monthly Income and allowances
Make an estimate of income, social security, RMDs
Where will you live?
Will you move? Downsize? Retirement Community? Closer to Family? A state with lower taxes?
Debt and taxes
What debt you carry into retirement? Will you be in a lower tax bracket?
Healthcare Costs
Will Medicare be enough? Long term care? What happens if you need additional services?
Inflation
Do you know how to manage against inflation risk?
What will you do?
Hobby? Travel? Continue to work?
Let us help you with your retirement investment options.
Traditional IRA
Roth IRA
SEP IRA
401(k)
403(b)
Stock Option Plans
Profit Sharing Plans
Money Purchase
Annuities
Retiring the 4% Rule
A portfolio created with your long-term objectives in mind is crucial as you pursue your dream retirement.
