While some people may think investments alone are enough for retirement, it may be time to reconsider your current retirement strategies. The closer you get to retirement age, the more you may want to find safer financial products and strategies that can grow that retirement income while adding some protection from market volatility.
Welcome Home Financial Partners works with your retirement planning goals and objectives in mind to help create an income strategy to better aid you in retirement. When you meet with us, we ask a variety of questions to better gauge your financial picture in order to begin developing that plan for your future.
Crucial retirement income strategy questions include when to begin taking Social Security, how to take your retirement benefits (in an annuity or a lump sum), how much to withdraw from your personal assets, and whether to work part-time during retirement.
Employees changing employers or being terminated have options in dispersing their qualified retirement plans instead of just leaving them with their previous company. However, care must be taken in making the correct decisions, especially if you are under the age of 59 ½, to help avoid any additional tax penalties.
Finding the correct investment to match your retirement goals can be a difficult decision on your own. With Ralph & Tim as Investment Advisor Representatives, we’re here to help you find the funds and stocks that make the most sense for your retirement goals.
Over the years, many retirees and investors have come to appreciate the added protection annuities can provide from the stock market while growing their portfolios. If you’re nearing retirement, an annuity might be a beneficial addition to your retirement income strategies.
If you’re nearing retirement and not sure what your next step is, you’ve come to the right place! Welcome Home Financial Partners is here to help you find the strategies and tools you need for your retirement road. Fill out the form to download the Milestones to Retirement today: