Retirement Planning
Whether your retirement is a few years or several decades away, it’s never too early to begin planning for your retirement, and we can help you prepare for it.
Retirement planning involves many factors. These factors include: identifying income sources and expenses, establishing a savings program, and solid asset and risk management. We also need to assess estimated future cash flows to gauge whether your retirement income goal is possible.
You can start planning any time, but it works best if you prioritize retirement considerations into your financial planning as early as possible in your lifetime. It’s the best way to ensure a secure (and fun!) retirement.
Below are just a few of the retirement planning-related problems we’ve been able to solve for clients. Click the silver bar for each problem to learn more about how we can solve them.
Retirement Planning Benefits
Managing Healthcare and Long-Term Care Costs
The potential high cost of healthcare and long-term care can be a significant concern. We can help evaluate insurance options, plan for healthcare costs, and integrate long-term care strategies into the overall retirement plan to protect assets and ensure quality care.
Having Sufficient Retirement Income
High net worth individuals and families often have complex income streams and worry about maintaining their lifestyle in retirement. We can create a comprehensive retirement income plan that includes various sources like pensions, investments, and annuities to ensure a stable and sufficient income.
Income Strategy Adjustments
Transitioning from wealth accumulation to income generation requires a shift in investment strategy. We can help adjust the portfolio to balance growth and income needs, manage risks, and see if the portfolio supports long-term retirement goals.
Estate and Legacy Planning
High net worth retirees often want to leave a legacy while having their own financial security. We will work with you to develop estate planning strategies that may include trusts and charitable giving, that align with your legacy goals and provide tax-efficient wealth transfer.
Inflation and Longevity Risk
Outliving retirement savings due to longevity and the impact of inflation are critical concerns. We’ll recommend strategies to mitigate these risks, such as incorporating inflation-protected investments and creating a dynamic withdrawal strategy that adapts to changing needs and market conditions.
Disclosure: No payments were made to the above listing of clients who offered their opinions/testimonials regarding our services. These client experiences may not be representative of all clients.
Schedule a Conversation with an Advisor
62 Walnut Street
Wellesley, MA 02481
Phone: 781.237.0123
Fax: 781.237.1696
E-mail: [email protected]