Answers to these questions form the foundation of a retirement plan. Regardless of where you start, the two primary aspects of retirement planning are:
- Accumulating sufficient assets while you are working
- Generating income during retirement
We can help ensure that you are maximizing your benefits at work and other benefits such as Social Security, PERS (for public employees), STRS (for teachers), etc. If you own a business, we can help you set up a plan that meets your needs and those of your employees. This might be some form of a 401(k) or other qualified plan. We can also help with an individual IRA, rollover IRA, Roth IRA, etc.
There are as many ways to build assets for retirement as there are ways to invest. We will look at all your assets, including savings, investments, real property, business assets, etc. to give you as clear a picture as possible of what these might grow to for retirement. Then you can begin to make plans to change or augment your retirement assets to meet any potential shortfalls.