In retirement planning, we evaluate your current financial standing and create an accumulation strategy that will help to ensure a desired retirement lifestyle. Because your retirement years can span decades, retirement planning must be a priority and is key to helping you Focus on Financial Freedom^®.  

A successful retirement saving plan put into place during the wealth-building lifespan should address ways to maximize growth and tax-efficient distributions. There are several ways to save for retirement:

• Qualified employer-sponsored plans (Pensions and defined contribution plans, i.e. 401(k), 403(b) and profit-sharing plans)
• Individual retirement accounts 
• Personal savings  
• Non-qualified Executive Compensation Plans

Qualified plans are employer-sponsored retirement plans such as 401(k)s and pension plans. While there are contribution limits and strict distribution rules, these plans are popular because of their tax benefits. Generally, employers will make participation even more attractive by matching all or a portion of an employee's contribution. Securing the match should be a priority!

IRAs are inexpensive, easy to establish and maintain, and also offer favorable tax incentives. They can be created by an individual or provided by an employer. Most people use IRAs to consolidate retirement savings that were previously held in employer-sponsored plans. Our process coordinates your IRA investments with your other savings plans.

You may find that qualified plans, IRAs, and social security won't provide enough money to support your desired retirement lifestyle. By identifying your retirement gap, you can develop a strategy for personal savings invested outside of the traditional retirement vehicle (i.e., taxable savings or investment accounts and/or tax-deferred annuities).

Business owners or executives may have access to other tax-advantaged retirement savings vehicles. Non-qualified executive compensation is a generic term used to describe a compensation arrangement that provides retirement income—and, in some cases, death benefits—to key employees of a business.

At the heart of any retirement plan is the distribution of accumulated assets. The correct distribution method will help to ensure that your retirement savings last beyond your lifetime with minimum shrinkage from taxes. From premature distribution options that allow access to retirement assets prior to age 591/2, to products intended to provide stable monthly payments for retirement, distribution planning is paramount to a successful retirement plan.