Retirement Planning

Retirement planning involves evaluating your current financial standing and creating an accumulation strategy that will help to ensure a desired retirement lifestyle. Because an individual’s retirement years can span decades, retirement planning generally dominates other financial goals. A successful plan put into place during the wealth-building lifespan should address ways to maximize growth and tax-efficient distributions, as well as how to leave retirement assets to the next generation.

  • Qualified employer-sponsored plans Qualified plans are employer-sponsored retirement plans such as 401(k)s and pension plans.

 

  • IRAs IRAs are inexpensive, easy to establish and maintain, and also offer favorable tax incentives.

 

  • Personal savings By identifying your retirement gap, you can develop a strategy for personal savings.