Retirement is one of those things that feels like it's a long way off, right up until it's not. Nonetheless, being proactive and having a plan can make all the difference when it comes to living out the retirement you’ve always imagined. Start gathering a pre-retirement checklist to help you create goals, determine a realistic timeline, and keep your finances front of mind.
A fiduciary is a person that acts on behalf of another person while putting that person’s needs ahead of their own. Burt Hutchinson, CPA, CFP®, Founder and Wealth Advisor, and his team are fiduciaries by nature. It’s who we are. Our own ethical standards drive us to produce the best results for each and every client.
You’ve worked hard to save and make smart investment choices. Your goal is a smooth transition into retirement with peace of mind about your financial future. But those years of preparation can still leave you questioning exactly how to pull it off. Let’s dig into the ins and outs of social security as a retirement benefit and why deferring may be in your best interest.
When you think of the nest egg you’re building for retirement, what comes to mind first? It’s likely your funds in the stock market, an IRA, or 401(k). What about CDs and savings bonds? These often forgotten savings mechanisms may not come with the growth potential other investment opportunities offer, but we believe there is a place for them in your retirement portfolio.
Consistency is imperative to reaching your retirement goals. Anyone who’s had a savings account remembers those first interest payments — it may have been pennies, but it was there. Remaining consistent is often linked to sacrifice and something tough to achieve. But when you think about the interest your savings account receives with no effort, we begin to realize that consistency, at the root, is the easiest way to reach financial goals.
