Retirement Planning
Retirement planning requires you to determine how much money you will need in retirement. That will require you to determine what proportion of your preretirement income will you require in retirement with a comfortable margin. We will have to project your retirement lifestyle, a rate of inflation, and your future sources of income.
The four main sources of retirement income are social security, employer pension plans, IRAs, and personal investments. Planning for retirement requires concrete goals. What do you really want to do in retirement? Take a good look at your financial profile. Where are you now? Review your investments, retirement plans, housing situation, and income. Then we will devise a budget plan and investment strategy to meet the goals as to where you want to be.