A secure, comfortable and early retirement is every worker’s dream; however, planning for the future can be a daunting task with countless variables to consider. At Legacy Wealth Alliance, we have the knowledge and real-world experience it takes to simplify the process and help our clients develop a realistic retirement planning strategy, one that can help to avoid outliving their assets. We provide advice on retirement planning, including IRAs, 401k(s), annuities, Social Security, estate planning and savings plans to help guide you along the path of retirement planning.
Retirement Planning
Our retirement planning approach:
- Analyzes your present retirement plans, including company sponsored profit sharing, 401(k), and pension plans and how they meet your projected retirement needs.
- Determines whether your projected resources should be enough to fund your desired lifestyle at retirement.
- Identifies additional retirement planning opportunities where appropriate.
- Determines whether your retirement objectives are attainable in the event of long-term / short-term disability.
- Validates risk of long-term care and the impact on retirement assets and net worth.
Our Process
1.Introduction
We start by discussing your vision, values, goals and objectives. This is also when the relationship is assessed. Is it a good fit?
2. DEFINING THE ENGAGEMENT
Next step is to mutually define the engagement. How can we best work for you by adding value to your personal and financial situation.
3. DISCOVERY PROCESS
After the engagement has been determined, we begin obtaining copies of relevant statements, documents and data specific to you. This is also where you define your vision, values, goals and objectives.
4. PRESENTING & PRIORITIZING SOLUTIONS
At this point, once all the relevant data has been collected, we are able to identify and present areas that require your attention. You then select and prioritize your top strategies to be implemented.
5. IMPLEMENTATION
Here we help you implement the strategies you have prioritized. This often involves coordination with other industry professionals you already have a relationship with.
6. ONGOING REVIEWS
This involves reviewing your vision, goals and performance on an ongoing basis. Many times new priorities are established and updates to your plan are reforecast.