Retirement Planning Steps to Consider

Are you ready for retirement?
Our Retirement Planning services typically include projections of your likelihood of achieving your retirement income goals.
Retirement Planning Steps
- Determine the lifestyle you desire during retirement.
- Estimate expenses during retirement.
- Assess expected retirement income sources.
- Review ongoing savings and adjust to keep up with inflation.
- Take advantage of employer matching contributions.
- Diversify your investments across different asset classes.
- Pay off high-interest debt before retirement.
- Healthcare planning: consider rising costs as you age.
- Review long-term care insurance options, health savings accounts (HSAs) to cover medical expenses.
- Consult with an estate planning attorney, review insurance and beneficiaries.
- Review and adjust your plan regularly: Monitor your investments frequently.
- If already retired, review your income distribution strategies to minimize the likelihood of running out of money.