The Merriam-Webster dictionary defines retirement as “withdrawal from one’s position or occupation or from active working life.” (1) But what does retirement mean for you?
We realize that statement may seem incredible – or incredibly absurd.
But as a wealth strategies firm that has over 50 years’ worth of combined industry experience,
we know it’s very much possible.
The #1 Concern
There is a prevailing query facing pre-retirees in the U.S. – will my money sustain me until the end of my life?
It is a valid concern. Increasing life expectancy, inflation, healthcare costs – retirement comes with a fair few unknown variables. This breeds another weighty question – what am I supposed to do about this? Fortunately, these are both questions we can help provide the answer for.
From Here to There
When you meet with us, we look at your income sources and assets at the planning checkpoint of the Pinnacle Planning Process. We run a retirement income analysis (RIA), where we examine your social security, pensions, real estate, IRA’s (traditional and Roth), 401K’s, life insurance, etc., etc. – all of it. Doing so allows for the puzzle pieces of your wealth to be patched together. This crucial part of the process allows for construction of a plan that would (ideally) answer and resolve your retirement worries:
- Which account do I pull money from first – my 401K or IRA?
- What about my traditional account – my Roth?
- What kind of pension do I take?
- I have life insurance and some mutual funds – but what does that mean for me in retirement?
It is here where we can assess and calculate possible shortfalls and excesses, and how to navigate either scenario.
What if the thoughts you had about retirement evolved from “Will I outlive my money?” to
“Who knew I had this much – and how can I make it grow?”
Consider This
Imagine you have just retired. You have eagerly looked forward to this moment for years – you have planned for it, dreamed for it, worked for it. Maybe the hope is to finally cross everything off your bucket list with no interruptions. Maybe it is to spoil your family with annual luxury vacations. Or perhaps what you look forward to most in your post-work life is to give more attention to hobbies that previously took the back seat.
If you read that and had a hard time visualizing the splendor that should be awaiting you in your retirement life, you should speak with one of our trusted financial professionals. Chances are there could be retirement planning strategies to make your dreams a reality.
Many are a man’s plans, but who knows where the wind will blow?
As a full-service wealth management firm, we at Aspen Creek Wealth Strategies can help formulate retirement income strategies to withstand some of life’s strongest storms. We can help you save you time and stress by using our proven method to first identify your goals and then find products that work best for you.
Whether you are 25 or 55, don’t let your financial foundation remain a mystery.
Reach out to us by scheduling an appointment,
calling us at (719) 722-2133, or by emailing us at [email protected].
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