Retirement tends to be the part of life that most people look
their working days are through. However, the face of
changing. People are living longer and enjoying healthier
retirement years. This can make planning for a financially secure retirement
more challenging. It will take greater resources to
provide for this extended
period of time. This portion of your financial
plan evaluates your sources of
income after you retire. We can provide projections assuming retirement at
different dates or ages. Obviously,
you work and the longer your
funds can accumulate, the more potential income
will be available.
The Retirement Plan Analysis will include consideration of the timing and tax efficiency of distributions from your retirement assets. It will also assist you in understanding the alternatives available to you and the ramifications of elections to be made relative to your employee benefits and other plans.
We will develop customised displays reflecting your sources of income
upon retirement, estimate income taxes on that amount, and compare the result to your after-tax retirement income goal, the amount you need to meet your expenses. To be realistic, your expenses will be inflated to
reflect the effects of inflation on your purchasing power.
Our retirement planning will include an analysis of the capital you need to invest and the rate of return you need to achieve to be able to attain your
desired retirement income.