A proper retirement plan requires the analysis of all factors in your life and your goals for the future. Do you want to start a business? What retirement vehicles should you contribute to? Are you planning for extended travel when you retire? Will you retire in the same state that you are currently living? These questions and many more will shape your retirement plan.
Most portfolios are constructed based on an individual's investment objective, risk tolerance, and time horizon but make sure your Financial Advisor is also asking the deeper questions that will shape your future.The questions that truly paint the picture of who you are and where you want to be in 5, 10, and 15 years. Retirement planning is much more than just numbers it's about you.
Market volatility can undermine your retirement-income strategy. While it may come at the expense of some opportunity cost, there are products and strategies that may protect you from drawing down on savings when your portfolio's value is falling—a major cause of failed income approaches. These actively managed portfolio’s will help you capture market gains while minimizing losses in market downturns.
This pre-retirement calculator is designed help you assess how well you have prepared and what you can do to potentially improve your retirement outlook.
Use this calculator to help compare employee contributions to the new after-tax Roth 401(k) and the current tax-deductible 401(k)
This calculator to help determine when your retirement savings account may be depleted given a specified monthly income target.