Retirement Planning
Planning and Managing Retirement
Providing for retirement is the single most important long-term financial goal most of us will ever face. Because we are living longer, retirement can last 20-30 years. Due to the overwhelming complexity of retirement planning, the majority of people will turn to financial professionals as they approach retirement. With growing anxiety over the availability of Social Security and diminishing corporate-sponsored pension plan benefits, there is a pressing need to take charge and adequately prepare for your retirement.
Our Retirement Planning Begins with You
Retirement income replacement services at KFM include planning, implementing and monitoring a retirement strategy that is built on your risk tolerance, values, and views of retirement.
- Planning: gathering financial information, establishing spending and legacy goals, calculating the optimal Social Security collection strategy, developing projections to determine the probability of sustaining income throughout retirement at desired levels.
- Implementing: establishing a withdrawal strategy, or replacement "paycheck", which fits your retirement lifestyle and needs.
- Monitoring: assessing your progress versus the plan. We provide clients with quarterly performance reports as well as annual reviews in order to assess the sustainability of the income plan. We believe that plans which are not monitored can result in gaps between financial resources and spending.
We believe that the ability to generate and implement a successful retirement strategy can be much easier when done using analytical tools, but personal knowledge of you and your unique situation is our most important input.
Every investor's situation is unique and you should consider your investment goals, risk tolerance and time horizon before making any investment. This information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. Past performance does not guarantee future results. The forgoing is not a recommendation to buy or sell any individual security or any combination of securities. Be sure to contact a qualified professional regarding your situation before making any investment or withdrawal decision.
