Build a Confident Future

In retirement, you still need income. Instead of getting a paycheck from your employer, you now rely on your retirement savings to fund your lifestyle. You may be wondering, do I have enough saved to pay for retirement? You are not alone. People with retirement savings of all sizes worry that they don't have enough saved to fund their lifestyle, beat inflation, pay for health care, and leave a meaningful legacy.

Your income plan will:

• Outline a strategy for spending, including from which accounts and in what order to make the most of your retirement savings
• Include a Social Security election strategy that considers the big picture to help you maximize your benefit
• Build-in strategies for inflation, one of the most often-overlooked aspects of retirement planning

Developing an income plan will give you confidence that you won't run out of money in retirement. Your RetireSecure Roadmap will put this plan in writing so you can see how you will turn your retirement savings into retirement income.

Unfortunately, taxes don't go away in retirement. In fact, they can put a big dent in your retirement savings without the proper planning. A long-term tax plan can help decrease your tax bill and increase how much you get to spend in retirement.

Your tax plan will:

• Help you develop a long-term tax plan
• Build in strategies that help reduce your overall tax bill in retirement
• Include details you only have to think about in retirement such Social Security taxes, Required Minimum Distributions (RMDs), and how to minimize taxes on pre-tax accounts (like a traditional IRA or 401(k)

You have more control of your taxes in retirement than you think. A long-term tax plan will not only outline your tax savings but also help you understand how to invest, spend, and pass on your money in the most tax-efficient way in retirement.

Your investment plan should be customized to you and your retirement vision. We do not take a cookie-cutter approach to investments. We want you to feel comfortable with your investment decisions and understand the purpose behind each part of your investment plan. Our goal is to help you understand the potential risk, return, and, most importantly, the "why" behind each strategy.

Your investment plan will:

• Help you understand how your portfolio will react to market swings
• Include a recession-resistant strategy that doesn't rely on the markets
• Have built-in action steps for when markets are down

Your investment plan should also be built with fees in mind. Fees are an inevitable part of investing, but we often take steps to help you reduce the fees you currently pay on your investments. We assist you in building a transparent investment plan and better understand the fees behind the investments.

Your plan to pay for health care should not be independent of your plan to pay for retirement. Why? The two impact each other more than you may realize. For example, Medicare premiums are based on your taxable income. Since you have more control over income in retirement than you've ever had before, there may be strategies you can use to lower taxable income. That's just one example of how your health care plan should work together with your RetireSecure Roadmap.

Your health care plan will:

• Help you elect Medicare Part A and B and find the supplement that's right for you
• Include a plan to pay for long-term care if you should need it
• Account for the rising cost of health care

We also help many people develop a plan to pay for health care if they want to retire before they are eligible for Medicare. When you have a plan that shows you how your health care decisions work together with your income, investment, and tax plan, you have a customized and comprehensive plan for retirement.

The legacy pillar of your RetireSecure Roadmap covers two essential aspects: 1) if you are married, your desire to make sure that your spouse is taken care of when you pass, and 2) if you are single or the last of a couple to pass, what will happen to your assets when you are gone. It's essential to develop a plan that ensures that what is left goes to your loved ones or charities efficiently.

Your legacy plan will:

• Ensure retirement account beneficiaries are updated
• Help you determine whether you need a will or a trust
• Incorporate tax-savings strategies that allow you to further your legacy

A well-written legacy plan, complete with the necessary legacy documents, can take your hard-earned money and extend it to make an impact on generations to come. If you don’t set your legacy up correctly now, it can have lasting effects for years to come.