Retired or Contemplating Retirement

Do you know whether your assets will be sufficient to last through your retirement years?

The majority of your working years have been spent building your savings with the goal of a worry-free retirement and perhaps preserving a portion of your estate for your heirs. Especially during today’s uncertain economic times and volatile markets, are you asking yourself:

• Am I on track to reach financial independence? (link to Financial Confidence in Retirement)
• How much will I need, and how much is enough?
• Are my retirement goals feasible, and what do I need to accomplish between now and then to achieve them?
• Are there steps I could be taking to preserve my savings from loss?

If already retired, perhaps you are asking:

• How much of my savings can I spend without compromising my income?
  (link to The Importance of Having Your Number)
• When and how much should I begin drawing from my retirement plan?
• When and how should I reposition investments to generate income especially in a low interest environment?
• When should I take Social Security or early retirement from an employer?
  (link to Managing Social Security Benefits)
• How can I best supplement Social Security income?
• How can I manage my income tax liability?
• What is the best way to help assure my income keeps up with inflation?
  (link to Managing Social Security Benefits)
• Am I doing all that I can to protect my estate as it passes to my heirs?
  (link to ILIT as an Effective Estate Planning Tool)
• How can I protect my savings should a medical crisis or long term care need arise?
  (link to Examining Strategies For Addressing Long-Term Health Care Needs)

Given longer life spans, many of us could look forward to 25 plus years of retirement. If inflation averages just 4%, you will need three times the income at that time to support the same lifestyle that you have today. How can we accomplish that?

For nearly 30 years we have been assisting individuals and business owners achieve a life well lived.  Our extraordinarily personalized “holistic” process helps clients gain clarity and understand the feasibility of their goals. We work collaboratively to develop a plan best suited for each client’s unique needs.  In so doing clients gain a sense of clarity, organization and control over their financial future (link to How Our Process Works).

We invite you to review our published articles:
“Financial Confidence in Retirement: 10 Planning Mistakes to Avoid” and “Innovative Strategies for Addressing the Long Term Care Challenge.”

Discover how Kauffman Wealth Services’ extraordinarily personalized approach to financial planning and management can help you on the road to a Life Well Lived.