You are making saving for retirement or an early retirement, a priority. Our team is experienced in retirement planning and can help you take advantage of the different ways you can save for retirement while still achieving your other financial goals.
Case Study
Jim and Clare are focused on retiring as soon as possible so they can pursue their dream of establishing a non-profit community organization to help families in need. They are 50 years old and have good jobs, grown children and low mortgage debt. They’ve been aggressively saving for years and are looking for retirement planning advice to gain confidence in pursuing their retirement dream.
| Challenges | Solutions |
| Based on how much we’re saving, when can we retire? | We conduct a complete inventory of your investments, pension options, Social Security and healthcare options and make a recommendation based on your age and income requirements. |
| How much more could we be saving to help retire earlier? | We will use our planning tool to run different scenarios based on various savings rates and retirement dates to help identify alternatives for you. |
| How can we take full advantage of our employer retirement plan? | Analyze all retirement plans to determine benefit options available and compare them to current savings rates to determine additional savings opportunities. |
| How much can we expect and what are the options for taking Social Security early, or delaying? | We perform a Social Security analysis based on a range of claiming ages to help determine the amount you can expect and the best time and strategy to begin Social Security. |
| What impact does market volatility have on our retirement savings goals? | Relying on our planning tool we a create a range of scenarios based on your savings goals and the potential for you to reach your objectives based on your age and savings rates. |
| What are the tax advantages of the different retirement savings accounts? | Facilitate discussion explaining the different tax advantages of the retirement savings accounts that are appropriate for you and your family. |
| When I am ready to retire, how do I turn my savings into retirement income? | We review your investments, Social Security and pension options. Then recommend a plan that will provide you with the retirement income you need. |
This case study is hypothetical and for discussion purposes only. It is not intended to represent any specific return, yield, or investment. Individual experiences reference above may not reflect the future experience of any client. The planning process discussed may not be appropriate for your personal situation, even if it is similar to the example presented. Past performance is no guarantee of future results. Investing involves risk including the possible loss of principal.
