Someday, every one of us will stop collecting a paycheck; we’ll be retired. Retirement planning is making sure you’ll have enough to live the way you want when you get there. Retirement planning is crafting your retirement goals into your unique life. Regardless of whether you are just starting your first job, at the peak of your career, or looking at retirement right around the corner, careful planning will help you make the most of your retirement years. Closer to retirement age, the fine tuning begins as we convert a lifetime of saving to a lifetime if income, in essence creating our own paycheck. In retirement planning, we answer these questions:
✓When can I retire? ✓How much can I spend in retirement? ✓Where will the money come from each month to pay bills? ✓How can I make sure I don’t not run out of money? ✓What will inflation do to my spending? ✓How will marriage, children, job change affect my retirement plans? ✓How can I get my retirement ‘paycheck’ to go up and keep up with inflation? ✓What financial surprises should I prepare for? ✓Should my investment planning change as I get older? ✓Your retirement plan is unique to your situation and goals. Together we’ll make a written plan that gets and keeps you on track. A flexible plan that we’ll adjust as your situation adjusts.
Are you ready for retirement? Here a known fact, even if you are young you need to be saving NOW for your retirement. Instead of telling you what to do, here is some of the biggest mistakes you should avoid in derailing your retirement and retirement planning.