Retirement Planning

We sit down with our clients and evaluate the important factors that influence an appropriate withdrawal rate—age, health, potential impact of inflation on your assets & cost of living, and likely variability of your investment returns. Additionally, your withdrawal rate decision should factor in any plans to leave a legacy to your heirs.

Consider these questions:

• Are you ready to start planning for your retirement? 

• Are you ready to retire soon?

• Do you know what you need to do?

• Do you know what your AWR is?

• Do you know what your portfolio should look like? 

• Have you sat down with a professional to walk through the important data informing your decisions regarding your financial future throughout your retirement?

If you answered no to any of these questions, contact our team today for help planning your future.

It's never too early to start planning for retirement, as the earlier you start, the more time you have to save and invest. Retirement planning ensures that you have the financial resources you need to support yourself in retirement and achieve your financial goals. Seeking professional help can increase your Appropriate Withdrawal Rate (AWR) by providing guidance on investment strategies and minimizing tax liabilities. To best prepare for retirement, it's important to create a comprehensive retirement plan that includes contributions to tax-advantaged retirement accounts, such as 401(k) plans or IRAs. You may want to consider creating a diversified investment portfolio and establishing an emergency fund. By working with a financial advisor and taking proactive steps to prepare for retirement, you can achieve greater financial security and enjoy a comfortable retirement.

As retirement approaches, it's important to evaluate the important factors that influence an appropriate withdrawal rate. These factors include age, health, the potential impact of inflation on your assets, the cost of living, and the likely variability of your investment returns. Your withdrawal rate decision should factor in any plans to leave a legacy to your heirs. It's crucial to sit down with a financial professional to ensure that your withdrawal rate aligns with your unique financial situation and goals. 

Retirement planning can be a complex and challenging process. It requires a deep understanding of financial products, investment strategies, tax laws, and risk management. While it may be tempting to go it alone, working with a professional financial advisor can help you navigate the complexities of retirement planning and achieve your financial goals. A financial advisor can provide valuable guidance on retirement planning strategies, help you develop a comprehensive retirement plan, and provide ongoing support to ensure that your plan remains aligned with your unique financial situation and goals. Furthermore, a financial advisor can help you identify potential risks and opportunities, and provide objective advice to help you make informed decisions. By working with a professional financial advisor, you can have peace of mind knowing that you have a partner who is committed to helping you achieve your retirement goals and secure your financial future. 

At Alderfer Bergen, we understand the importance of personalized service and provide tailored retirement planning solutions to help you achieve your unique financial goals. By taking proactive steps to ensure a financially secure future, you can enjoy a comfortable and happy retirement. From start to finish we’ll help you with: 

• Understanding the basics of retirement planning and why it’s important
• Recognizing your retirement income needs and estimating your expenses
• Determining your Appropriate Withdrawal Rate (AWR)
• Identifying strategies to achieve your investment goals
• Tax planning
• Creating a diversified retirement portfolio
• Planning for retirement healthcare costs
• Navigating estate planning
• Understanding Social Security in retirement

As you approach retirement, it's crucial to have a solid retirement plan in place to achieve long-term financial security and enjoy a comfortable retirement. At Alderfer Bergen, we recognize that each individual has unique financial needs and goals. Our team of experienced advisors can help you create a comprehensive retirement plan tailored to your specific situation. With our personalized approach to retirement planning, we can provide valuable guidance on tax planning, estate planning, investment management, and other strategies to help you achieve your goals. We're committed to ensuring that you have the knowledge and resources necessary to navigate the complex world of retirement planning and make informed decisions to secure your financial future. Don't wait to start planning for your retirement. Contact us today to learn how we can help you achieve your retirement goals and ensure a financially stable future.

Please note that this article does not provide specific investment or tax advice for any individual. Please contact our team with any questions or to discuss your unique financial situation.

You’ve worked hard your entire professional life, and it’s important to ensure your capital is as deep as your life is long. Retirees, and those hoping to retire one day, must accurately assess the amount they can reasonably withdraw from their personal savings and investment portfolio each year. We call this amount the Appropriate Withdrawal Rate (AWR). How much have you set aside now so you can enjoy a comfortable and happy retirement later?

This article does not proport to provide specific investment or tax advice for any individual. Please contact our team with questions.