If you’re already enjoying retirement, or you can see it on the horizon, preservation of your retirement funds should be your priority. Retirement planning has one primary objective, to create an income stream that you cannot outlive. In your earlier years, retirement planning focused on accumulation. Once you leave the working world, a successful retirement includes an effective retirement distribution strategy. This is not the time to throw caution to the wind and hope for the best. Your paychecks cease and your retirement savings must be enough to pay your bills and sustain your lifestyle for as long as you live. A FCCB Wealth Advisor can work with you to create a plan to put you on track, and with regular reviews keep you on track, for a successful retirement.
Retirement may seem like a lifetime away. But the amount of money you will have to support you in retirement, to help you maintain a comfortable lifestyle, will depend greatly on how well you prepare now and over the next 10 to 15 years. You’re in your peak earnings years which makes this the best time to establish a balanced plan for saving and investing.
Together, your FCCB Wealth Advisor and you will develop and oversee a plan that seeks to help you provide enough for retirement when you’re ready, make your investments work harder and find the right balance between risk and return. Circumstances change, life events happen, so your FCCB Wealth Advisor will review your plan with you regularly and make the necessary adjustments to help keep you on track. If you haven't already done so, you should make time to speak with one of our Certified Financial Planners.
Does Your Portfolio Fit Your Retirement Lifestyle?
Inflation & Retirement