Retirement
A recent study by the US Center for Retirement Research found that 51% of households are at risk of not having enough to maintain their living standards in retirement. If you add the rising costs of health care and long term care, that percentage increases to 65%. This is the result of a combination insufficient savings, poor investment performance and longer life expectancies. As retirement planning specialists, we address all of these factors.
During your pre-retirement years, we can help by reviewing your savings progress and your investment portfolio and by recommending an appropriate level of risk based on your time horizon and market conditions.
We help you design a retirement plan that takes into account your spending budget and investment risk. We address issues like delayed retirement or part time work, when to claim Social Security benefits and the need to maintain flexibility needed to handle the unexpected.
If your retirement will involve part time work, our CPAs can help you navigate the tax consequences.