If you’re seeking to create a proactive plan for getting you to where you want to be in retirement, you need the right retirement firm. Transitioning from the working world to the leisure lifestyle of the retired takes careful decision-making and thought-provoking financial planning.
Know What Makes a Good Retirement Firm
In retirement, you move from accumulating assets to converting your savings to income. Planning years ahead to know where your monthly income will come from on the first day you retire will help you avoid the fear and emotional toll that too often afflicts those who move into their golden years with just a “hope and pray” mentality.
A firm with expertise around the issues of retirement focuses on maximizing income streams, optimizing your payout for Social Security over your lifetime, predicting cost of inflation, anticipating increases in life expectancy, managing health care costs, consideration of long-term care insurance, passing assets to the next generation, tax minimization strategies, and estate planning needs.
Another way that the right retirement firm can help you is by protecting your assets from the volatility in the stock market. The best way to avoid watching your financial portfolio be cut in half is to find safe avenues where you can invest your money. A financial planning firm can make recommendations on how to save enough to retire comfortably by using the help of compounding investment returns, and safe ways to safeguard your investments that can yield a decent return without the risk of losing your precious nest egg.
The TRS Advantage
At The Retirement Solution, not only do we have a keen knowledge of the markets and financial world, our practice builds lasting relationships based on trust, integrity, respect, and a strong desire to help our clients achieve their hopes and dreams based on their terms. We enjoy helping our clients gain the knowledge and confidence that helps them smoothly transition from receiving the last paycheck they’ll ever receive to enjoying their retirement years the way they always envisioned. Starting with the end in mind is a philosophy this is an essential foundation at TRS, and one that leads to a deliberate destination void of fear and surprises.
If you’re unsure how to begin the retirement planning process, you’re not the “do it yourself” type, or you believe that your portfolio would benefit from a second opinion, then take the first step to taking control of your future and schedule a complimentary visit.