Rewards

Personal Freedom

True freedom comes from knowing you’ve prepared for anything that may come your way. Here’s how you make your retirement stress-free, rewarding, and everything it’s meant to be, all on your terms.

It can be easy to get stressed about all the complicated aspects of retirement, from watching your 401(k) a little too closely, or agonizing over the diversification of your stock portfolio. It’s important to remember why you’re doing all this preparing (and worrying) - so you can do everything you’ve ever wanted when your job isn’t in the way. Imagine: vacations with no emails to answer. Want to hike a mountain on a Wednesday? Go for it. Pick up painting? Why not?

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When we stress about something, it can be hard to stop and take a breath to appreciate all we’ve done. With our guidance, you can finally take that breath, knowing that you’ve planned for the risks, and can now enjoy the rewards, and everything else that matters to you. Here are three ways that we help you keep your retirement on track so you’re guaranteed lasting financial freedom in your retirement.

See examples below of personal freedom we can help you with.

  • Examine Risk

    We mean every risk, even the ones you don’t want to think about, like longevity risk, where you outlive the money you’ve saved. We’re talking long-term care, the possibility of medical emergencies, inflation, stock market slumps. The good news is, there is a time-tested way to protect yourself from each of these scary situations so you come out on top.

  • Know Your Net Worth

    Sometimes we don’t calculate this as often as we should. It can be really easy to overestimate how much you have set aside for retirement. Make sure you add up all your assets, investments, and retirement accounts, then subtract your outstanding debt. For some, this calculation can be kind of complex, especially if you hold nontraditional assets. Reach out to us, and we can help you determine how much you have, and how much more you need.

  • Know What You Need

    This is the fun part, where you get to imagine what your retirement looks like. Think about what you want to leave as your legacy. Pour over travel brochures, find the perfect retirement community, try all the restaurants you can. Then, use all the resources available to make your retirement dreams a reality.

TOP ADVICE:

With careful planning and responsible risk management, anyone can have lasting financial freedom in retirement.

  • Be honest with yourself about your health and financial situation. Make sure not to focus all your attention on savings. Remember, insurance products, investments that grow in retirement, and guaranteed income will be the key to living the retirement of your dreams.

  • The common accounts, like 401(k)s and IRAs, are resources you should absolutely take advantage of. Lesser known resources, like stock dividends, fixed annuities, and dividend-participating, permanent life coverage with living benefits can offer you added peace of mind.

  • Longevity risk is probably the most well-known risk associated with retirement - essentially, that you’ll run out of retirement savings. Fortunately, there are ways to avoid this that don’t involve delaying your retirement. Our trained experts are happy to walk you through a retirement plan that fits your unique needs.

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