1. Goals Alignment
As you look forward to retirement, it's wise to take a step back to understand what matters most to you in retirement.
Start by asking yourself these questions:
- What am I retiring to? (i.e. relaxation, volunteering, family, community)
- How will I maximize my talents and gifts in retirement?
- Am I exhausted or do I have a lot in the tank?
- What's on my bucket list?
- What am I concerned about in retirement?
2. Resource Assessment
If you're within a year of retiring, you should know how much monthly income you need and where it will come from. We run a cash flow forecast, answering:
- Should I be worried about running out of money?
- How significant is my sequence of return risk?
- Should I be nervous about the markets?
- Which Social Security strategies should I consider?
- What are some tax-efficient ways to withdraw retirement income?
3. Benefits Analysis
Benefits and Risks go hand in hand. We help you answer questions like:
- Should I continue any of my employer insurance?
- Do I still need life insurance?
- When do I need to apply for Medicare?
- How do I evaluate Medicare supplement options?
- How does my mortgage affect retirement?
- Do I have enough set aside for Long Term Care?
- Care options for my aging parents?
(Don't worry, this isn't an insurance pitch!)