There is much to consider when planning your retirement. We help you build a retirement plan that will ensure you enjoy your retirement while building on your estate, and protecting your assets. A comprehensive retirement plan addresses more than retirement income. Here are the areas we consider with you to make sure you are ready for retirement:
Retirement Income Planning
We review your income, social security, pension, and savings to help you plan your retirement income. Most people at retirement are concerned that they may out-live their assets. A good plan can prevent that.
Important: Before you take your pension, consult with us. You have choices and the right answer is not always apparent.
Estate Protection Planning
You have saved money your entire life preparing for retirement. Now it is time to enjoy it! It is important plan ahead so that your assets are protected from events that could drain them. A well planned retirement will protect your assets from downswings in the stock market, medical bills, and long-term care costs that could potentially deplete you savings in a very short amount of time.
Health Insurance / Medicare Planning
Choosing the right Medicare Supplement will allow you to get the medical care you need when you need it without depleting your savings. In addition, you will be able to go to the very best doctors and clinics in the country.
Long-Term Care Planning
Having a long-term care plan is essential. If you plan ahead, you will have choices when it matters most – including the ability to stay in your home. The average cost of care is $200 a day or $72,000 a year, but planning ahead lowers the cost to as little as $5 a day. In addition, today’s long-term care plans won’t be lost if you never use them.
Estate Transfer Planning
How you transfer your assets to your beneficiaries matters. Estate taxes can reduce your estate by as much as 50%. A proper transfer plan will ensure that your assets are transferred to your beneficiaries free of tax.