Retirement should be a time to savor life's rewards, pursue long-held dreams and enjoy clarity. Achieving this requires thoughtful planning and informed financial decisions in the years leading up to it. Whether you're envisioning exotic travels, starting a new hobby or simply relaxing with loved ones, preparing for retirement now can help ensure your future aligns with your aspirations.
Our Approach to Major Life Events
One of the most powerful tools in retirement planning is compound interest. The earlier you start saving and investing, the more time your money has to grow exponentially.
When Should You Talk With a Financial Advisor?
Knowing when to seek financial advice can make all the difference as you hit key milestones on the road to retirement. The table below shows common financial questions those approaching or already in retirement ask.
When People Typically Seek Financial Advice
| Life Stage | Common Financial Questions |
|---|---|
| Ages 50 to 55 | Am I saving enough for retirement? |
| Ages 55 to 60 | When should I start planning retirement income? |
| Ages 60 to 65 | When should I claim Social Security benefits? |
| Ages 65 to 70 | How do I withdraw money from my accounts in a tax-efficient way? |
| Retirement | How can I make sure my money lasts? |
Financial concerns can often shift as individuals approach and move through retirement. Consulting a financial advisor at each of these important life stages can help support your long-term financial well-being.
Check out this TED Talk video from our founder, Brad Ford, on the power of compound interest:
Key Takeaways:
Compound Interest Calculator
Visualize your potential savings with the NerdWallet Compound Interest Calculator.
This intuitive tool helps you see how small, consistent investments can grow into a sizable retirement fund. Enter your savings amount, interest rate and time horizon to get personalized projections that empower smarter decisions.
Ready to Take The Next Step?
For more information about any of our products and services, schedule a meeting today or register to attend a seminar.