Retirement planning is the process of evaluating your current financial standing and creating a strategy for helping you achieve your desired retirement lifestyle. It's about matching goals with financial realities, with a focus on providing a lifetime of income after your last paycheck.
Because an individual’s retirement years can span decades, retirement planning generally dominates other financial goals. A successful plan put in place during your working years should address ways to help maximize growth and prepare for tax‑efficient distributions. We will simultaneously develop a plan for growing your wealth and a plan for drawing on your wealth. Planning for retirement also involves risk management. Other topics, such as IRA rollovers, employer‑sponsored plans, and executive compensation, may come up during our discussions as well.
A good retirement plan will be well coordinated with your overall plans for your investments, business, estate, and taxation and insurance needs.