There are many ways to spend time in retirement. Regardless of the path you take, there are also some key financial challenges you need to address to achieve a successful retirement. We can help you answer the following key retirement questions:
- How will you build a retirement income stream that you and/or your spouse won’t outlive, given that one or both of you may live 30 years in retirement?
- If your income is secure and you want your principal to benefit the people and causes closest to you, how do you transfer it as tax-efficiently as possible — so as much of it as possible reaches them?
- With health care and long-term care costs soaring well above the average inflation rate, how will you provide/pay for these extra expenses?
- When is the optimal time for you or your spouse to begin claiming Social Security?
- How will you best build a diversified portfolio that will minimize stock market and income tax risk?
Recognizing these challenges is an important first step to meeting your retirement goals. We can help you solve these key financial risks.