Families tend to make financial decisions one life event at a time. Think about it: Your child graduates college, gets their first job and starts a 401(k). Next, they get married, buy life insurance, save in a joint account, and set up estate documents. Then, they have children, purchase more life insurance, make sure disability is covered, and open 529 accounts.
We tend to walk through our lives checking these “boxes” — when these processes are more like a funnel with the end goal being retirement. At Gatewood Wealth Solutions, we’re here to help you start managing that funnel today, so you’ll have pulled all the right levers for your family by the time you’re ready to retire. Our retirement planning services include:
Social Security Maximization
Understand how and when to take Social Security. Married? Divorced? Interested in still working? These are all considerations that need to be taken into account to ensure you maximize your benefits.
See your pension benefits in the context of your broader financial plan (which we call your Goals Analysis).
Monte Carlo Analysis
Learn your probability of success based on several factors.
Know when and how to take distributions, so you can maximize your tax strategy and maintain your ideal cash flow during retirement.
401(k) Transition Assistance
Leave the money in his/her former employer's plan, if permitted; roll over the assets to his/her new employer's plan, if one is available and rollovers are permitted; rollover to an IRA, or cash out the account value.
Insulate your portfolio and plan with cash. You are setting aside money proactively to provide security during inevitable down markets.
Want to Learn More?
Download our FREE Retirement E-Book: "You're Retiring – Now What?" or for more in-depth information regarding retirement planning, contact Lead Advisor Daniel Goeddel.