Retirement Planning Tools

There are several phases to an excellent Retirement Plan.

  • Portfolio Management
    • Determine your Risk Tolerance
    • Determine the current risk of your existing portfolio
    • Is it a Hope and a Prayer portfolio?
    • Do you want Capital Preservation and the opportunity to make 5-7% over 5, 10, 15, 20 years +?
    • Are you working with a Fiduciary or a commission-based Broker?
  • Income Planning
    • Choose the right Social Security option for you and your spouse. We can help you review all of your many choices to help you maximize your Social Security.
    • What Pension decision makes the most sense for you and your spouse?
    • How to distribute funds from your portfolio:
      • Determine your annual distribution rate,
      • Determine your portfolio direct deposits,
      • Develop an Income Plan,
      • Does a Joint Guaranteed Income Stream make sense for the rest of both your lives?
    • Estate Planning – Are your Wills, Living Wills, Durable Power of Attorney and Healthcare Power of Attorney documents up to date?
      • Do you really need a Trust?
    • Long Term Nursing Care Coverage
      • Yes or No and understand the consequences of “No.”
      • What type of coverage is most popular and not “use it or lose it.”
      • How can life insurance also provide LTC but return premiums to my beneficiaries?
    • Longevity Risk
      • What happens if you live too long?