Retirement Preparation
How will you know if you have adequate savings for an abundant retirement? What changes are needed between now and your retirement to assure an abundant retirement? What is “the number” of dollars that I must have at retirement?
Maintaining your current standard of living throughout your retirement is necessary for an abundant retirement. Based on the approach shown in Chapter nine of Financial Abundance Guide, we have developed the Financial Abundance Retirement Planning Process.
Our proprietary approach will help you determine whether your present retirement preparations are adequate to meet your retirement goals. If you are not on track, we recommend specific strategies to help increase your retirement funding. We then demonstrate how the recommended changes will increase the funds that you will have available for your abundant retirement.
With our process, you complete a Retirement Planning Questionnaire and a Budget Worksheet. From the information that you provide, we develop your “Pre Retirement Financials,” which demonstrates the anticipated annual changes in your available retirement funds, between now and when your retirement begins.
Based on your input, we also recommend the optimal time for an individual or a couple to begin taking Social Security benefits.
With our system you receive your “30 Year Retirement Financials.” These financials help see whether your planned retirement assets are adequate to meet your retirement expenses for up to 30 years after you retire. All of the projections are inflation adjusted. You can choose both the anticipated inflation rate as well as your anticipated average annual investment rate of return.
If your current approach does not provide adequate retirement income, we recommended alternative strategies to increase the funds you will have available for retirement. The 30 year financials of each alternative strategy, including appropriate combinations of strategies, are presented in both numerical and graphical format. With these projections in hand, you can choose the strategic retirement approach that best suits your life style.
The earlier that you are begin to implement the selected strategic changes in your retirement preparation, the easier it will be to meet your retirement goals. Our unique approach to this complex task will help provide you with a detailed road map to an abundant retirement.
Click on Financial Abundance Retirement Plan to view a sample of a complete retirement plan. If you re interested, please Contact us for complete information and pricing on the Financial Abundance Retirement Planning Process.