Book a Free Retirement Consultation: Take Control of Your Future

The next step is looking at the major pieces of your financial life. Depending on your situation, this could include retirement accounts, investments, insurance, income sources, savings, and expected expenses.

The goal is not simply to look at how much you have saved. It is to understand how your resources may work together to support retirement income.

Identify Potential Risks and Opportunities

Retirement planning involves more than accumulating assets. You also need to consider risks that could affect your financial security.

For example, withdrawing too much during a market downturn can potentially create greater pressure on a retirement portfolio. Taxes, inflation, healthcare costs, and longevity can also affect how long your assets may last.

A consultation can help you identify questions worth exploring before making major decisions.

Who Should Consider a Retirement Planning Consultation?

You do not necessarily have to be on the verge of retirement to benefit from professional guidance.

A consultation may be particularly useful if you are:

• Within 5–10 years of retirement
• Unsure whether your savings are sufficient
• Considering when to claim Social Security
• Evaluating a Roth conversion
• Concerned about retirement taxes
• Worried about outliving your savings
• Planning for long-term care expenses
• Interested in creating a legacy for your heirs

For example, someone approaching age 60 may have several important decisions ahead, including when to retire, how to coordinate income sources, and how to manage taxes. Addressing these questions early can provide more opportunities to make informed decisions.

Questions to Ask Before Retiring