Financial Planning for Retirees
Who is this for?
You have recently retired or maybe several years into retirement. If you are recently retired, you may realize the decumulation strategy is a bit more complex than you first imagined and you would rather live life focused on what matters rather than glued to the tax code or market news. Or, perhaps you are several years into retirement and you acknowledge that you may be slowing down and you want support for yourself and your spouse as you age. Either way, we are here to serve you and look forward to getting to know you.
Areas addressed for retirees
Developing peace of mind around retirement includes answering questions like the following:
- How do we make an intentional effort to make our retirement years purposeful?
- How do I receive a "paycheck" from my portfolio now that my regular paycheck went away?
- What is a reasonable spending level for us?
- How do I make sure my spouse is protected if something happens to me? I would like an advisor in place to help with that transition.
- Are our assets positioned in a safe manner, knowing that we still need some growth for a long retirement?
- How does the amount I need in cash change in retirement? Do I have too much that it hurts my returns? ...too little?
- How do we position our portfolio for a reliable stream of income without taking too much risk?
- Are there critical tax moves to make early in our retirement? How do I manage my taxes later in retirement?
- When do we take Social Security, taking into account taxes and longevity?
- How do we manage health care expenses in retirement, and how do we take into account long-term care needs?
- If I wanted to age in place, what are the major considerations?
- We would like to help out with our grandchildren's education, but can we?
- Do we have the right documents and people in place in the event of my incapacity?
- How do we leave a legacy (family, charity) that is meaningful to us?
"There are both financial and quality of life issues we must address both now and throughout our retirement journey. We want to know where we are at and what we can do in life. We don't want to live with regrets, and we want to make sure we have a trusted fiduciary advisor were something to happen to either of us."
Often when you think you are at the end of something, you are at the beginning of something else.
- Fred Rogers