Planning

Everyone has unique goals for their retirement. We begin every relationship by making sure we have a clear understanding of your goals. Your unique goals become the foundation for your tailored financial plan.

One of the biggest challenges most people facing retirement his generating the regular income they need and preserving portfolio assets for the rest of their lives. Paul can help you with this process so you're better prepared to face any surprising expenses during retirement.

It's important to figure out the percentage of your portfolio that you're going to draw from each year in retirement, so you can plan your lifestyle accordingly. We add up your fixed income sources, review your savings and investments, and determine how much you're spending now and project how much you'll be spending in retirement. We then calculate your distribution rate, while factoring taxes and inflation, to determine how long your nest egg is projected to last.

There are several combinations of strategies for claiming your Social Security benefits and if applicable, your defined-benefit pension plan. Making the wrong move could be irrevocable and costly. Understanding your situation, we will lay out various scenarios so you can learn how to get the most value from your retirement benefits. And for those of you who are eligible for a defined benefit pension, we'll also analyze your options for you and determine the optimal payout strategy for your situation.