Retirement Planning San Diego
Long before retirement even hits our radar, we’re planning what type of education, skills training and professional designations we will acquire. We spend a lot of time planning which industries are the best place to work in, and which employers to work for. Once employed, we carefully strategize our every career move, so that we progress to the top of the ladder in our respective fields.
Sadly though, while we focus most of our efforts on all these plans, we often forget to plan for “life after work."
Our San Diego retirement planning services are tailored to your current finances and future plans.
The importance of retirement planning
Everything we do – from choosing a career to managing career progressions at our employers – is presumably so we and our families and dependents can have a better life. But if we fail to plan for “life after work,” all of the plans and effort we put into our working lives, could be jeopardized.
What will retirement look like? Are we spending too much? What if we’re not saving enough? How frequently should we be saving? Could we run out of money in retirement? Are we investing in the right places? How much will we need in retirement? Will government and employer pension plans cover us through retirement?
If we don’t plan for retirement, we’ll never be able to prepare for it - an ill-prepared retirement leads to stress and chaos.
What we can do for you
For our clients, retirement planning doesn’t start at retirement. It starts long before! Our retirement planning service takes a long-term view of your financial wellbeing. We use a life-cycle approach to ensure your “life after work” is as well-planned as your life prior to retirement.
Here’s what we do for you as part of our Retirement Planning service:
- Your personalized retirement planning strategy: Everything we do for you centers around (i) helping you plan to achieve your financial goals prior to retirement; (ii) planning to ensure you have sufficient income during retirement; (iii) putting plans in place to safeguard your savings and yourself against potential catastrophes; and (iv) planning for your legacy.
- Understanding your goals: Through an intensely personalized approach, we understand what your retirement goals are.
- Analyzing where you are at: To plan a meaningful retirement, you need to know where you currently stand. We’ll help you build an in-depth financial inventory to use as part of our retirement planning process.
- Developing the plan: Remember all those questions you had on your mind – largely unanswered? Well, we’ll work with you to create a retirement plan that addresses every one of them. When we’re done, you’ll not only know what you need (income) to fund your retirement lifestyle, and what your investments will generate; but you’ll also know how to bridge the shortfall – if any.
- Implementing the plan: As you move closer to retirement, we’ll work closely with you to ensure the plans are implemented in a phased and orderly manner. The goal of our retirement planning approach is to make transitioning into retirement as seamless and stress-free as possible.
- Supporting you make decisions on pensions and benefits: Our retirement planning professionals will be right there when you need them, with help and advice on pensions and benefits (government or employer):
- Looking out for you in retirement and beyond: Our retirement planning service isn’t done at your retirement. To live a long and fulfilling retirement, you’ll need help with many other facets of your life – health care, insurance, charitable giving and legacy planning.
- Ongoing reviews: Our retirement planning ensures that we maintain a long and enduring relationship with you. We will continue to monitor and review your retirement plans, and consult with you frequently about any changes or updates needed to address your evolving retirement lifestyle needs.