Retirement Planning
Our wealth advisory team can help optimize your financial life
It took decades of long hours and hard work, but you’re finally considering retiring from your nine-to-five—which was never quite so regular. Early morning flights, late night phone calls, and a never-ending trickle of things that needed immediate attention. But there’s good news! Now, you’re approaching the finishing line and starting to think about the freedom ahead of you.
Undoubtedly, you have questions:
- How can I manage the market’s inevitable ups and downs?
- Am I adequately and appropriately invested and doing everything I can to prepare for the years ahead?
- How do I know what my risk tolerance is based on my income?
We Help You Manage the Risks of Retirement
You have worked hard and saved for several years, but like many approaching retirement age, you probably still wonder, “Will it be enough?” Part of our Retirement Is For Living planning process involves careful consideration of the various risks you may encounter in the forthcoming decades, including:
Personal and Family Risks
Employment issues, changes in your marital status, and the needs of other family members often derail well-constructed retirement plans
Healthcare and Housing Risks
Unforeseen medical bills, the need to change housing, and the lack of available caregivers are significant expenses that impact budgets
Financial Risks
rising inflation, fluctuating interest rates, and stock market losses underscore the need for a thoughtful portfolio that helps manage risk and protects cash flow
Public Policy Risks
the possibility of higher taxes and reduced benefits from Medicare and Social Security loom over any retirement planning process
Even carefully designed retirement plans are susceptible to unexpected events. With thoughtful planning, the adverse consequences of many risks can be reduced or mitigated. Understanding post-retirement risks and integrating them into your retirement planning is the first step in helping ensure that your retirement is for living.
*Wells Fargo Advisors does not provide legal or tax advice.
Are you early in your career but still seeking help with your retirement planning? Contact Magellan Financial Today!
Live the Retirement You’ve Been Working Toward
Planning for retirement doesn’t just stop at your retirement date. It’s a continuous process that adapts based on your current circumstances and how the abovementioned risks impact your unique retirement situation. One thing’s for sure: The more flexibility you can have during retirement, the better off you’ll be. Other key elements we consider to help you realize the retirement you’ve been working toward:
- Continuously reevaluate your Retirement Lifestyle
Budget for Retirement in a way that addresses your priorities first - Stay on top of your overall Finances and Health
- Know when to take Security Security and how to help maximize Future Income Streams
- Estate Planning Strategies to help preserve your assets and your legacy
Overall, Magellan Financial believes that professional wealth management has only one definition of success: when our financial services allow our clients to realize their lifestyle and savings goals in retirement. Our thorough, thoughtful, risk-based strategies are designed to support your greatest objectives so you can enjoy them. After all, your Retirement Is For Living.
We can help you manage the inevitable ups and downs of the markets and gain consistent income streams in retirement. Our system is designed for our clients to be invested appropriately, giving them the time, freedom, and confidence to enjoy retirement as they wish.
Contact Magellan Financial
You care about your family’s financial security, and so do we. Contact our Team of Retirement Advisors Professionals today, and let’s start the conversation.