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Retirement

Overview

Preparing for retirement is something we all are faced with. Whether you start earlier or later than others, one thing is clear: it’s not easy. It takes planning and discipline and there are many decisions you’ll need to make along the way.

The fact that we are living longer presents a financial challenge as well. As a result, what was once thought to be sufficient savings for retirement, combined with a pension and Social Security, is no longer the reality. The need to save for retirement is becoming more and more critical, especially if you plan to retire in your early sixties.

No Better Time to Prepare than Now

Fortunately, there’s never been a better time to prepare for retirement. With the standard retirement tax shelter tools available, as well as additional investment options that can be easily accessed, there are many options available to help us save money.

Saving money for retirement takes a serious, long-term commitment over time. It takes discipline, as well as persistence, to build retirement savings of a sizable amount. Your ability to save will change over time. Additionally, your risk tolerance and comfort with investments may also change. Starting early is what’s important. It provides you with an advantage of time that won’t be available later on.

Contact us today or call us at 877-635-7028 to schedule an appointment or to speak to one of our advisors.

Cost of Retirement

It is important to truly understand what is necessary for your retirement. The cost of living without working isn’t just a matter of trying to cut expenses from the level you had when you were employed.

There are typically escalating health costs to consider. You’ll need to take into account the cost of medicine, the continuing erosion of buying power of both Social Security and Medicare coverage. Assisted Living Facilities are not covered by Medicare. Inflation will need to be factored in as well. And finally, federal programs are regularly being depleted by the growing population of retirees, while our government continues to look for ways to reduce the amount of benefits paid out. The good news is that with the proper tools, you can help plan for these cost considerations.

Contact us today or call us at 877-635-7028 to schedule an appointment or to speak to one of our advisors.

Retirement Products

Specifically, retirement investment tools break down into four distinct categories:
  1. IRS-approved IRA tax shelters
  2. Normal bank investments – Share Certificates and Money Market accounts
  3. Market investments – Mutual funds and individual stock holdings
  4. Non-public investments (for example, real estate or gold)

Contact us today or call us at 877-635-7028 to schedule an appointment or to speak to one of our advisors.

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