After first creating your retirement plan, you must constantly review your strategies to make certain that you stay on track toward achieving a safe and rewarding life in retirement. It’s important that you educate yourself and seek assistance from a trusted financial advisor to help achieve your personal retirement goals. In the end, planning your investments is equally important as planning out what you want to do during this phase of your life.
In today’s world, retirement can last 30 years or more, which makes it extremely important that you don’t run out of money. Lifestyle planning is what’s going to help ensure you live your retired life to the fullest. Be sure to find things to do in retirement that help make it more meaningful and fulfilling to you.
Consider things like how you want to stay in touch with family and friends, whether you want to work or volunteer, or whether it makes sense to downsize your home and relocate to a new area. Planning for things like these will deliver a more rewarding and gratifying life in retirement.
Also, make certain that your plan is adaptable to the ever-changing landscape. As time progresses, planning for retirement will change accordingly. Factoring in longer lifespans, the potential for working in your post-career life, and higher inflation.
Just think about all the different ways you can go about developing and carrying out your plan for retirement. Now is the time to make sure that you’re in a good position to live your life to the fullest. Request your no-obligation financial review and learn how we can help you plan for a safe and rewarding life in retirement.
**INFORMATION PROVIDED IS FROM SOURCES BELIEVED TO BE RELIABLE HOWEVER, WE CANNOT GUARANTEE OR REPRESENT THAT IT IS ACCURATE OR COMPLETE. NO STATEMENTS MADE SHALL CONSTITUTE ANY FINANCIAL, TAX, LEGAL, OR ACCOUNTING ADVICE. ANY HYPERLINKS PROVIDED ARE AS A COURTESY AND SHOULD NOT BE DEEMED AN ENDORSEMENT**
Securities and advisory services offered through Royal Alliance Associates, Inc. (RAA), member FINRA/ SIPC. RAA is separately owned and other entities and/or marketing names, products or services referenced here are independent of RAA. RAA is not affiliated with Lone Beacon
Neither the named representative nor the named Broker/Dealer or Investment Advisor gives tax or legal advice.
Fixed index annuities are designed to meet long-term needs for retirement income. Early withdrawals may result in loss of principal and credited interest due to surrender charges. Distributions may be subject to ordinary income tax and, if taken prior to age 59 ½, an additional 10% federal tax. An income rider or benefit (sometimes called Guaranteed Lifetime Withdrawal Benefits, or GLWB) is an additional feature available with some annuities and generally optional and come with additional cost. Income benefits are designed to provide income options above and beyond the standard annuitization or free withdrawal features in annuities. All contract gains beyond the CAP rate are surrendered to the insurance company to pay for the expense of the product.
The views expressed are not necessarily the opinion of Royal Alliance Associates Inc, and should not be construed directly or indirectly, as an offer to buy or sell any securities mentioned herein. Individual circumstances vary. Investing is subject to risks including loss of principal invested. No strategy can assure a profit against loss.
