Retirement Planning
Retirement Planning
You've worked hard your entire adult life.
Having a retirement plan that takes care of you
in the later years is your reward.
Retirement planning is overwhelming because there is so much uncertainty:
- Will I have enough money to last me?
- Can I cover all of my medical expenses?
- How much will I need each month to live?
- Will I be a burden to my family?
At Cornerstone Wealth Management, our top priority is ensuring you
have the answers you need to make the right decisions.
Retirement can be broken into phases:
- Pre-retirement – up to age 62
- Early Retirement – ages 62 to 70
- Middle Retirement – ages 70 to 80
- Late Retirement – 80 and up
It's essential to have a plan for each stage. You deserve a financial planner who understands
you and your retirement objectives as you move from wealth accumulation to retirement
planning and preparation into the distribution of assets.
Pre-Retirement
This information is not intended to be a substitute for specific individualized tax or legal advice. We
suggest that you discuss your specific situation with a qualified tax or legal advisor.
Retirement Planning
If you've worked with a planner before or need advice as you get serious about retirement, we can help refine your plan.
Annual reviews are designed to keep you on track.
Asset Allocation
Many people wonder how much they need and if they're saving enough.
Determining if your investments fit your overall personality and comfort level is a big part of being comfortable during retirement.
Tax Planning
Coordinating with your tax professional, we can help you take advantage of tax strategies that may be useful to you now and in the future.
Estate Planning & Long-Term Care
Partnering with your lawyer (we can recommend one), we'll help make sure that your documents and beneficiary designations are in place
We'll also discuss your long-term care options to ensure you have a plan.
Retirement
This information is not intended to be a substitute for specific individualized tax or legal advice. We
suggest that you discuss your specific situation with a qualified tax or legal advisor.
Retirement Income Plan
Together we'll determine a sustainable and consistent income from your investments incorporating your different sources of income from Social Security, 401k's, and other retirement plans
Estate & Education Plans
Your plan may evolve as your family blends and changes. We'll help guide you and coordinate with your lawyer to produce the needed documents. We can also help you set up education funding options for grandchildren.
On-Going Monitoring & Asset Allocation
As you enjoy your retirement, we will continue to monitor and evaluate your assets to balance your risk and growth strategies.
Tax-Efficient Charitable Giving
We'll ensure you're maximizing the IRS benefits available so you can continue contributing to the charities that mean the most to you.