One of the biggest worries among investors is running out of money in retirement. With interest rates low, few pension plans, and longevity increasing, this is more prevalent than ever.
We help develop retirement plans that include savings, and investing strategies designed to help clients understand their retirement goals and likely scenarios. We can analyze current and future retirement savings, and provide:
Analysis of your available resources (including social security, pensions, benefits, deferred comp evaluations, and more).
Illustrations of your goals, and how they can be funded by your available resources.
Calculations of additional savings needed to increase the probability of reaching your retirement goals.
Recommendations of appropriate savings vehicles (Roth vs. traditional IRAs, use of annuities, and other savings strategies).
Advice and guidance to help you understand your future retirement distribution options.
Explanation of benefits (such as long-term care), which will provide you with necessary information, along with the pros and cons of each available option.
Projection of your ability to meet your future retirement expenses by evaluating your distribution options, using several different spending and taxation methods.