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Retirement Accumulation And Distribution Planning

RETIREMENT ACCUMULATION AND DISTRIBUTION PLANNING

People are living longer these days and, for some, Social Security benefits coupled with pension payments are an insufficient source of funds for retirement. This means that you should start saving for retirement earlier rather than later. In fact, the sooner the better!

The traditional rule of thumb is that a person needs 60 to 80 percent of their pre-retirement income to maintain their lifestyle after retirement. But even that amount may not be enough if you plan to travel or anticipate high medical costs, especially if you are retired for a long period of time. Retired persons are commonly retired for 25 years or more now and planning for that stage of your life requires a great deal of time and effort.

At Financial Focus, we can help you sort through the variety of retirement planning options and issues that you are certain to face. We start by discussing your retirement goals: what kind of a retirement do you envision? Do you want to retire early, travel, or start your own business? After your retirement goals have been carefully chosen and considered, we will help you wade through the myriad of retirement options available. We pride ourselves on having the capability to expertly create a specific plan of action for your retirement. With a great deal of careful planning, combined with the feedback we receive from you, we can help to ease the financial pains often associated with retirement.

Most important, our planning begins with your desire to create your preferred future.