Aug 29, 2023
Are you aware of what you need to do to become prepared for retirement? Chris and Jeff talk about the upcoming education webinar “Are You Ready for the Retirement Red Zone?”.
The Retirement Red Zone is defined as the 5 years before and the 5 years after retirement. This is an important time to prepare financially and otherwise for retirement so there are no critical errors.
During the webinar, professionals from Asset Management Resources will cover topics such as:
Ø Your retirement lifestyle
Ø Cashflow – where to take money from and when to maximize return and tax savings
Ø Healthcare – options and costs
Ø Leaving a lasting legacy – estate planning, philanthropic intentions
Take the guess work out of whether you will be ready for retirement when expected or if you should adjust your plan by having a financial plan in place. A plan will also help identify that you and your partner have a common vision going into retirement.
Do some stress testing on your financial plan to ensure that it can hold up in the event that a worst-case scenario occurs. Some people save so long for retirement that they don’t give themselves permission to spend money that they have saved for this purpose. Sometimes caring parents put their own financial security at risk when helping their children. A financial plan can provide a roadmap towards a secure retirement.
If you need help with financial planning issues don’t hesitate to reach out to Asset Management Resources at (866) 771-8901.
Something More with Chris Boyd:
Asset Management Resources:
Recorded August 24, 2023