With tools to help you plan and pursue your short- and long-term goals.
It’s never been easier to set your personal retirement and financial goals and follow their progress. First, watch the informative video, below. Next, print out and complete the Retirement Readiness Checklist to gauge your readiness for retirement. Then, give us a call and let’s get started.
This was the pressing question on Jessica’s mind when she came in to meet with us. Like most, Jessica couldn’t even begin to calculate how much she’d need to save in order to enjoy the retirement she, at that point, couldn’t even imagine. At 50 years old, she’d been saving money in retirement accounts for quite some time, but she still didn’t know how much money she’d need to amass in order to stop working, which is the amount we aimed to provide.
When we met with Jessica to talk about retirement planning, we created a flexible retirement plan to help her form goals and objectives for the future – a vision she’d never fully articulated. As it turns out, Jessica dreamed of a retirement filled with travel – something retirees often do. Once we clearly defined her vision, we were able to calculate an amount necessary to fund her retirement goals, which included a generous travel budget.
We also talked about whether she should continue contributing to a traditional 401(k) or change her payroll deposits to a Roth 401(k). As a result, Jessica now knows how much she’ll need for retirement, has a financial plan that is adaptable to changes in her life, and is comfortable knowing she will receive guidance in the future.
What’s your question?
This case study is for illustrative purposes only. Individual cases will vary. Any information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. Prior to making any investment decision, you should consult with your financial advisor about your individual situation.