Retirement Planning

We find that retirement is a large goal and focal point for most clients. We run a variety of "what if" scenarios. We want to make sure we take into consideration inflation, your spending plan, social security benefits, your required IRA distributions, your tax bracket, and any pensions when we do our planning.

We review your cash flow, credit, and spending patterns, and we develop an annual budget. This is imperative in knowing how much you will need to have in retirement and also in determining whether there is any surplus that can be utilized for reaching your goals. We help you simplify your financial life so you can concentrate on growing your finances instead of merely managing them.

• What are your current cash needs?
• What can you expect your expenses to be in retirement?
• What will you receive in Social Security benefits? What is the best age to collect?
• What will you receive from employee benefits? What is the best age to collect?
• Which are the best retirement vehicles in which to save? What growth rate do you need to reach your retirement goals?

If you have crossed the first line toward retirement and decreased your workload (and subsequently your income), we can help set you up with a monthly cash flow from your investment accounts that will help cover the decrease in income.