Retirement Planning

Personal Retirement PlanningRetirement Planning

Saving for retirement is the number one concern among working Americans. Before (and after) retirement clients ask us:

  • “Do I have a big enough nest egg to retire?”
  • “How much can I afford to spend?”
 
They also wonder:
  • “How many retirement years do I need to plan for?”
  • “How will the investment markets behave while I am in retirement?”
 

No one can be sure of the answer to the second set of questions. But our wealth management team can improve your confidence in answering the first two through thoughtful retirement planning.

Your Goals are Our Goals

We will help you begin the retirement-planning process by laying out a plan. First, take inventory of all your current and pending income sources, including Social Security benefits, pension benefits, existing retirement savings, and other savings or income, including the equity in your home.
 
Next, we'll walk you through a realistic assessment of your expected spending needs. Do you want to travel the country? Buy an RV? Maintain your current lifestyle? Sell your home and move closer to the grandkids? All these decisions impact how you'll plan for retirement.
 
We can also provide a summary of Social Security options, which includes a break-even analysis for claiming benefits earlier or later than the typical retirement age.
 
Once we understand your situation and goals, we’ll put our financial planning expertise to work. We apply proven wealth management principles and a disciplined process to develop a personalized retirement plan just for you. Your plan will incorporate all of your assets and retirement accounts, sources of income, spending needs, lifestyle goals, and personal risk tolerance and risk capacity.
 
When you reach retirement age, we stay with you, providing guidance on the most efficient way to withdraw funds from your accounts, and keeping an eye on the tax impact of these withdrawals. Your team works with you throughout retirement, and can help modify your plan if major life changes occur.
 
Retirement planning can take a load off your mind. If you’re concerned about it, talk to us. We’ll work with you to prepare a plan to grow your wealth and reach your goals. It's comfort for tomorrow and peace of mind for today.

Investment and insurance products are not FDIC-insured, are not a deposit or other obligation of, or guaranteed by the bank or an affiliate of the bank, are not insured by any federal government agency and are subject to investment risks, including possible loss of the principal amount invested.​