- Understanding interest rates, bonds, annuities, and dividend stock investing along with other transition products can be challenging, if not confusing.
- As with most things in life, the first step is often difficult, but securing sound financial advice shouldn’t be left until it’s too late.
- Finding a licensed and knowledgeable resource—it’s the best financial advice you’ll ever receive.
Products and Services for Your Retirement
You have retirement accounts in a few different places, so does your spouse. Now that you are retired or thinking of retiring, you are closer to using the money, but you haven’t changed the allocation or risk level of any of those accounts.
Moreover, you haven’t met with a financial advisor to discuss your retirement goals or accounts.
Retire Comfortably and Meet Your Goals
For example, after a lifetime of working for large firms, maybe you are practicing law on a part-time basis. Your wife, who is still working full-time as a nurse, would like to retire in the next couple of years. You own a couple of houses and several 401k retirement funds but with little additional retirement income besides your Social Security.
Along with great careers, you’ve built up substantial 401k balances. It took awhile, but you got the hang of investing in equities: never comfortable with the ups and downs but always focusing on long-term growth.
And now you need income, not growth. Over the years, you owned some bonds with mixed success. But unlike your foray into equity investing this time you cannot afford on-the-job training. You need the income now. Plus you have less time to recover from any mistakes.
Can You Really Trust Doing It Yourself?
Before coming to Cambridge in 2010, I spent 20 years with MetLife, so I am also well versed in guaranteed retirement products such as variable and fixed annuities.
Or Do You Need a Financial Advisor
- with a keen understanding of interest rates and the bond market:
- knowledge that is imperative when one talks about retirement income;
- access to the products necessary to help you transition from growth to income;
- will research your retirement accounts and let you know if leaving it with your 401k or 403b is a good option, or roll it over
- will work to keep your costs low – because in a low yield world, the less you pay to someone else, the more you keep for yourself
Retirement Planning Solutions
Design your retirement portfolio to meet your goals consistent with how much risk you are comfortable taking.
Net Unrealized Appreciation
If you own employer stock in your retirement plan and if that stock has gone up when you retire or leave your company you should be aware of Net Unrealized Appreciation.
Mutual Fund & ETF Due Diligence
Offer a selection process using fi360 screening 10,000+ funds down to a couple hundred eligible for use in your retirement portfolio.
Because I Am Independent
No requirements to use a specific product. You benefit from advice and products tailored to your unique financial needs.
Review Your Retirement Accounts
Start your review with fi360’s proposal report to compare your current portfolio to the portfolio developed from your risk tolerance.
Hourly cost or fee-only with an estimate of a not-to-exceed price for the first consultation and annual follow-ups.
More Financial Planning Services for Retirement
- Measure how well your investments match up with your risk tolerance and goals and income needs.
- Taxes design a strategy for minimizing your tax burden.
- Portfolio recommend investments based on an explicit balance of growth vs. security
- Figure out whether you should keep your 401(k) or 403(b) with your previous employer or roll it into an IRA, where I will build you a new portfolio.
- Build that portfolio using your risk tolerance to create enough retirement income but not outliving your money.
- Look over any pension options for which you may be eligible, review any Social Security and Medicare questions you may have.
- Examine any group life policies you may want to convert to an individual plan.