Three Phases of Retirement Planning
A comfortable retirement is the reward for saving, managing assets and preparing during your working lifetime. It is about doing things you like and the ability to spend time with family, traveling, making a difference in your community by doing volunteer work, or even beginning a new career without the concern for the pay. In essence, it's about options with your life, and it is money that give you those options.
To prepare for successful and comfortable retirement filled with options, it is important to understand and implement the basic retirement planning techniques found in the Three Phases of Retirement.
2. Asset Management
A successful retirement plan begins with a commitment to start saving for retirement. If you begin young, time is on your side and even small amounts invested regularly can make a big difference.
Two: Asset ManagementOnce you have accumulated retirement assets, it is essential that you invest and manage your assets for optimum performance.
Three: DistributionUpon reaching retirement, comes the time of utilizing the assets you have accumulated and managed over the years. Care must be taken to maximize your return, minimize your risk and navigate the complex retirement distribution tax regulations.
- Retirement Planning
- Retirement Plan Distribution
- Financial Planning
- Asset Management
- Estate Transfer
- Risk Management
- Education Funding