Retirement Planning
We take complexity seriously.
And we can help you manage your financial life because we’ve done it for clients before. We understand the decisions you’ll face as you transition from drawing a paycheck to enjoying your well-earned retirement. We’ll help guide you to ensure your nest egg is ready when you are.
Our Approach to Retirement Planning
We approach our conversation with you about retirement planning from several perspectives:
Your Goals.
We discuss what you want retirement to look like. Where will you be? What will you do? If you aren’t quite sure, we help you to dream.
Statistical Analysis.
Modern financial planning uses statistical analysis, especially monte carlo scenarios, to help you map a retirement that will work for you now as well as throughout your life. We’ll explain how these statistics work and then discuss your results with you.
What if?
We also plan for a variety of different environments. What if taxes go up? What if Social Security goes down? We talk through how your retirement looks if circumstances change.
Retirement Data.
We have more and more information about the lives of groups of retirees. We will discuss trends in spending, the retirement smile, and how this impacts your financial plan.
A Specific Retirement Road Map.
Once we’ve done the analysis and discussed the trends, we’ll work with you to develop a specific retirement plan for you:
- When will you claim Social Security?
- Which account(s) will you use to replace your paycheck with retirement withdrawals?
- How can you reduce taxes over time with Roth conversions or early distributions?
- What decisions do you need to make for Medicare or other health care coverage?
Yearly Updates.
Each year we update your retirement plan to ensure that your spending levels are sustainable and adjust based on your opportunities.