Retirement brings a lot of complex choices such as planning for the timing of Social Security benefits, retiree-specific tax planning, making Medicare and other health insurance decisions, and combating longevity risk.
Retirement may seem far away, but it's never too early to determine how much you'll need and to begin the process of saving. Making smart financial decisions now can help impact how you live in retirement. Every person is in a different situation. The secret to creating the perfect retirement plan is listening to what YOU want. It is your retirement – your future, so it has to work for you and your individual situation. We start by addressing 4 key questions:
1. What do you want in retirement?
2. What are you doing currently?
3. How much will you need in retirement?
4. Where is your money coming from now?
Remember, a goal without a plan is just a wish. Wishing your retirement will be good is not good enough. By working with STL Financial, you will have a solid plan to follow and your retirement years will be as good as they can be.