Can I Retire?

Share Post: facebook Created with Sketch. twitter Created with Sketch. linkedin Created with Sketch. mail Created with Sketch. print Created with Sketch.

Published by Beth Schanou

Our clients experience a variety of motivations to commence working with our team on the development of a financial plan.

Through the process, many questions are answered and a clearer path toward goal achievement is constructed.

The plan delivers clarity for a variety of questions including:

·         Am I saving enough?

·         Have I implemented necessary measures for my family in the event of my untimely disability or death?

·         Can I retire?

·         When should I apply for Social Security?

Most of the questions addressed through planning are dependent on knowledge of one critical variable: Spending. Knowing how much money a household needs to maintain a desired lifestyle is essential to planning.

As a part of our information gathering, we ask our clients to complete a living expense worksheet. The worksheet lists various categories of spending from groceries to utilities to pet products and others. The reason we request living expenses in this manner is for the eye-opening experience it provides our clients. Our clients often report having been somewhat out-of-touch with their spending, at least to some degree, before going through this exercise.

A household’s perceived amount of spending versus its actual amount of spending can move the needle on when they can comfortably retire by a matter of years. We believe the expense gathering process is indispensable for our clients to complete so we can generate the most accurate projections and provide the best guidance in addressing questions such as, “Can I retire?”

Contact us to discuss developing a financial plan and to assess your spending.

 

Share:
facebook Created with Sketch. twitter Created with Sketch. linkedin Created with Sketch. mail Created with Sketch. print Created with Sketch.
Share Post: facebook Created with Sketch. twitter Created with Sketch. linkedin Created with Sketch. mail Created with Sketch. print Created with Sketch.

RECENT POSTS

Why You Want a CERTIFIED FINANCIAL PLANNER™ On Your Team

I recently attended the Fall Excell Conference in Omaha put on by Carson Group, a community of advisors seeking coaching and content, and heard many excellent speakers. One speaker in particular discussed how our behavior can be evidence of our priorities and the value we will provide others.

Decisions & Abundance

Not following through is a decision, but it is a decision which leads us away from the life we want. In contrast, making decisions and following through with those choices, as hard as they are, is the reason certain people have the life they want.

What Millennials Really Want In Their Financial Advisor

Published by Ron Carson In the 1950s crime show Dragnet, sergeant Joe Friday would often tell over-wrought witnesses, “Just the facts, ma’am.” That’s a little how millennials want to work with their financial advisors, based on the findings of the Millennial Advisory Council my firm set up recently.

Leaving a Larger than Life Legacy

Published by Andrew Rogers, Strategic Opportunities Associate History books are full of extraordinary people, individuals whose singular achievements transcend time. Figures like Martin Luther King, George Washington, Gandhi, Nelson Mandela and Abraham Lincoln; these men need no introductio …
1 2 3 44 45 46 47 48 67 68 69

Get in Touch

In just 15 minutes we can get to know your situation, then connect you with an advisor committed to helping you pursue true wealth.

Schedule a Consultation