- Planning & rollover options with 401(k)’s or 403(b)’s
- Options for IRA’s
- Possible tax concerns (NOTE: please consult a tax advisor)
- RMD’s (Required Minimum Distributions)
- Analysis of cash flow
- Income planning for retirement
Investments In Retirement
Investing and saving while you are still working is one thing. But, investments in retirement may use different strategies. For example, many retirees and pre-retirees want to protect the majority of their money as they age. Indeed, all investments carry risk. However, you may be able to find a balance between how much of your savings are at risk versus in less risky financial That’s why it is important to seek out an advisor you may be able to help.
Why we do what we do
Don’s motivation to enter the industry was due to observations he made in the early to mid 2000’s. He noticed that many people approaching or in retirement felt confused about their options and weren’t sure what to do. Also, he felt that there was a lack of understanding and knowledge for many retirees. In addition, when the 2008-2009 stock market drop occurred, Don felt that something should be done to help people prepare better for the risks of the market.
Essentially, Don believes that every client deserves to have someone in their corner, serving them with honesty and integrity.
Furthermore, Don is also an approved member of the National Ethics Association. His focus is on helping pre-retirees and retirees reach their retirement goals, with a combination of potential gains and protection of assets.
Management Services for Investments in Retirement
Retirement and all its options can feel overwhelming. However, it doesn't have to be this way.
One way to help gain more knowledge is to meet with us. In our meeting, we can go over where you currently stand, financially, and talk about possible recommendations. In addition, we can review considerations you may want to look at, specific to your own financial situation.
Some of these topics may include:
- Leaving a legacy – what are your options
- Investments in retirement
- Risk assessment
- How to look at the whole picture in retirement
- Questions and concerns about finances
- Strategies for the long term
- Aligning your plan to your needs
The 100 "Rule"
The rule of 100 isn’t actually a rule. Instead, it is a guideline. Basically, the rule of 100 gives retirees and pre-retirees a general idea of how much of their money they may want to consider risking in the market.
It works like this: What is the difference between your age and the number 100? That number provides a suggestion about how much of your money you may wish to potentially invest in the market.
For example, if you are 71 years old, here’s the rule of 100 calculation.
100 – 71 = 29
According to the Rule of 100, the above calculation tells us that 29% should be your guide. In other words, the idea is that you should not invest any more than 29% of your total assets into any risky investments. Keep in mind, of course, that all investments have risk. So, you’ll need to investigate your options for protecting your principal. Don Retallick’s focus is first on protection, and then on helping you with investments in retirement. Again, he has a fiduciary duty to put client needs first. Therefore, potential clients can meet with us to learn their options without risk of just being “sold.”