Skip to Main Content

Retirement Planning

Like many things in life, planning for a particular event should begin years ahead of the event itself. Like many less-than-exciting planning activities, individuals tend to put retirement planning at the bottom of their priority list. We strive to help our clients be proactive with their financial life.

In our experience, there are three stages to life before retirement, all of which have their own set of problems to be solved.  Regardless of the stage of life you find yourself in, let us help you navigate your situation.

Stage 1: Simply Life

  • Life is fairly simple – it might be just you or you and your spouse. 
  • You are not sure how to use your discretionary income – should you save to your company retirement plan or pay down debt? 
  • You may be thinking about buying a home and are unfamiliar with the process.
  • If you are newly married, you may be wondering whether you should combine your finances with your spouse or keep all or some of them separate.

Stage 2: Family Finances

  • Life is starting to get complicated.  Work is busy and you have a growing family.  How do you balance your work and family responsibilities while still taking care of the family finances?
  • Your career is blossoming, and you may be the recipient of stock options or restricted stock grants.  What is the best way to handle these benefits?
  • What is the best way to save for college expenses for your children? Are you entitled to financial aid?
  • How can you optimize savings while making sure you consider all the tax implications of your unique situation? 3 bucket strategy? 

Stage 3: Pre-Retirement

  • The thought of retirement has actually occurred to you a couple of times.
  • The kids are older – in high school, college or out of the house.
  • How do you plan for retirement?  How much savings do you need? Should you save in tax-deferred, tax-free  or after-tax investment vehicles?
  • Will you be able to travel in retirement?  Buy a vacation home?  Help pay for your grandkids’ education?