Planning Your

"Retirement Cruise"

It has been said that people spend more time planning their vacations, then planning for  their retirement.

If you need more help, schedule a 

Free One-Hour Retirement Assesment

with our advisor. 410-677-4848

4 Planning Items to Address Before Retirement

1. A Great Budget  -- A well thought out budget that will include today's expeneses but also what you might need over the course of your retirement can greatly increase your chances of success.

2. A Plan for Your Income to Double -- Historically, inflation causes our expenses to double over twenty years time. If you need $60,000 to live off to retire today, you will likely need $120,000 in twenty years.

3. Smoother is Better -- A sound strategy to reduce your investment account value fluctuations is important. A "smoother" series of returns (less big swings in account value) can make your investments last much longer, and may give you a greater chance of success in retirement. The challenge is you need an investment strategy that will work towards getting your income to double while achieving smoother returns. We work hard each day to help people do this.

4. Reserve -- Beyond working towards smoother investment returns, having a plan of where to get income from your investments when investment markets take a significant drop in value, is of the utmost importance. You need a portion of your portfolio to be a reserve, hopefully safe from stock, bond, and real estate values, for example.  How much you keep outside the investment markets is a custom calculation for each person's unique goals. It is important that it is sufficient, but not so large that you can still get decent returns on your portfolio.

We can help you get these important steps put into action.

Schedule a free one hour consulation to review your plan. 410-677-4848