Retirement planning involves evaluating your current financial standing and creating an accumulation strategy that will help to ensure your desired retirement lifestyle. Because retirement can span decades, this is often the top planning priority.
We believe a successful plan, put into place during your wealth-building years, should address ways to maximize growth and tax efficiency. Where desired, this plan might also address the most effective way to leave a financial legacy.
Common issues faced in retirement planning include:
- Setting and monitoring target accumulation goals
- Choice of retirement funding vehicle (e.g., 401(k), IRA, Roth IRA)
- Contribution, funding, and tax consequences
- Investment choices and strategies
- Distribution strategies
- Beneficiary and estate planning