Preparing for or living in retirement can often be a stressful and uncertain time. There are ‘financial-storms’ that may weigh heavily on your mind — storms such as market volatility, economic uncertainty and the fear of outliving your savings. Does it have to be this way? You work your whole life saving for retirement with a dream that it will be care-free and happy. But there are risks that must be managed and planned for. Without a plan the realities of life may cause retirement hopes to be diminished.
Wouldn’t it be great if you could establish a friendship with someone you trusted, who understood these risks and had the answers to the questions and concerns you may have regarding your own retirement. Questions like: Have I saved enough? How can I protect my retirement savings from market losses and do it in a way that will give me confidence it wont run out? What is healthcare going to cost and how does Medicare work? When is the right time to file for Social Security? How can I minimize taxes? Do I really need long term care protection?
There are answers to these questions and there are strategies designed to mitigate the risks that may be concerning you. Life is too short to allow worry and uncertainty to play a role in your retirement. Randy Deaton at the Louisville office of Everest Retirement Planners seeks to be his client’s financial friend and advisor for life providing needed answers and a plan to mitigate the risks of retirement.