Financial Assessment for Retirement


How Much Money do you Need to Retire?

Unfortunately, many people spend all their time and energy focusing on how to accumulate a large retirement nest egg, and failed to give much thought to how those accumulated assets are invested. While accumulating a retirement assets is important, I feel it is just as important to have your money and assets that reflect the levels of risk or safety you desire.

But, how do you know how much risk or safety is appropriate?

The first step toward making your  retirement dream a reality is understanding where your assets are allocated and the amount of risk to which they are exposed.

My office offers proprietary risk analysis technology to help you understand where your assets are currently positioned and align them with your goals to achieve the future you deserve.


Social Security: Knowing When to File?

When is the best time for you to file for your Social Security benefit? If you're like many of my clients, you probably don't know the answer to that question.

Between ages 62 and 70  (the earliest and latest age you can file for the benefits), there are 96 months in which you can file for Social Security. If you do the math, you'll see this means there are thousands of different strategies for structuring your benefit.

Knowing when to file can be challenging, but it doesn't have to be.

My office uses proprietary technology to help you calculate exactly when and how you should file for benefits.


Fill Your Retirement Gap

Now that you know a little more about the importance of understanding amount of risk in your portfolio and optimizing your Social Security benefit, it's time to ask yourself a question critical to the retirement planning process: How do you want to begin the next phase of your life?

There are two terms that we used to refer to the moment you're working income ceases and you start living off the money you have set aside for retirement. You either "jump off the retirement cliff" or "Enter the distribution phase of your retirement plan."

How you choose to create the retirement income you need can determine how easily you begin the retirement phase of your life.

My office gives you access to a powerful suite of tools and technology that can help you craft your retirement.


The Right Tool to Do the Job

By this point, you know that the three basic building blocks of a successful retirement are: 

  1. Understanding the level of risk you're to which your assets are exposed.
  2. Getting the most out of your Social Security benefit.
  3. Developing reliable strategy to create the retirement income you need.

But building a successful retirement is about more than just having the right pieces – you also need the right tools to put them together. That's why I give my clients access to the Generational Vault - A prepaid Terry software platform that provides them with all the tools they need to make building and managing their retirement easier.