Retirement
A successful retirement is a well-planned retirement.
We’ll start you on the path to get there.
Retirement is the intersection of your assets and spending
Most plans tally your assets and add in inflation to provide your ideal Net Worth number. This number is irrelevant unless it takes annual spending into account. While a million dollars sounds like a lot, that amount won’t go very far if annual expenditures are $200k. The job of Goldstein Financial Future is to help clients figure out what is affordable and set a realistic retirement goal date.
Healthcare without complications
Alongside anticipated costs, our comprehensive financial analysis will incorporate ever-changing healthcare expenses to ensure an illness or a medical event during retirement won’t cause financial distress. We forecast whether clients have enough assets to self-insure for these risks, or if they need to purchase long-term care insurance.
The answer to the question “When should I start?” is always “Now.”
Whether you are 20 years old or 60 years old, it’s time to start saving for retirement, especially if there are resources your employer may provide. 401(k)s or company pensions are standard in the corporate world; traditional IRAs and Roth IRAs are standard for self-employed workers. Retirement saving made simple through smaller, more manageable contributions that grow over time.
Goldstein Financial Future can navigate all of these considerations in order to tailor and implement a successful retirement plan.