It's Never Too Early To Start Planning For Retirement
Tax rules regarding retirement plans are complex. Each benefit plan has specific requirements as outlined by the IRS and it's important to understand the tax implications of your retirement planning choices.
If you haven't started saving for retirement, we'll help you figure out a plan that works for you and your family.
Here's what we do for you:
- Evaluate your current financial situation, including assets and liabilities.
- Create a budget that meets your retirement goals, including how much you need to contribute to your current retirement plan to meet those goals.
- Review your Social Security account to determine the best time to begin taking your benefits.
- Make sure that you understand how other sources of retirement income affect the retirement planning process.
- Determine whether taking a lump-sum distribution or opting to take monthly payments is better for your particular financial situation.
Whether you're already retired, close to it, or just getting started in your career, it’s never too early to start thinking about retirement planning.
