Retirement Planning

Are you looking to put your retirement savings to good use? Are you looking to start your retirement savings? Changing jobs? Already retired? You’ve come to the right place!

Begin Planning for Retirement

Anytime is a great time to start planning for retirement! Planners estimate that you may need 70% - 100% of current income for each year of retirement. Social Security alone is not enough. Clearly you must make saving for retirement a priority!

Look for tax-advantaged ways to save for your retirement. Does your employer offer a retirement plan? Are you self-employed? There are special plans available for just about everybody’s situation. Let DeVane Financial Advisors help you get started by recommending the proper type of retirement vehicle for your needs.

Maximize your Current Plan

Are your assets allocated properly? Do you need assistance selecting the proper investments for your risk tolerance and time horizon? Are your savings adequate to achieve your retirement goals? Have you had a financial check-up recently? Has your life situation changed recently? Did you get married? Divorced? Change jobs?

It is easy to get discouraged if your savings aren’t growing or if you lose your focus and stop investing regularly. Having your retirement plan reviewed by a financial professional can help you re-assess your financial goals and objectives and get back on track. DeVane Financial Advisors can assist you by devising a blueprint for your personalized retirement strategy.

Job Changes

Job changes can be one of the most stressful events in a persons life. Making poor choices with your accumulated retirement assets can have a major impact on your ability to retire in the future. Let DeVane Financial Advisors help you make good decisions regarding your retirement assets.

Retirement on the Horizon

It is increasingly likely that you will spend as many years in retirement as you did in the workforce. Therefore, it is imperative to make sure that you do not outlive your money. A good financial plan can help you get an accurate picture on how your current assets and savings can grow before retirement and how long they will last during your retirement years. DeVane Financial Advisors can assist you in making reasonable projections and help you develop distribution strategies to make your assets last longer.

Making the Most of your Retirement Assets

Once you are retired, it is likely that you need to rethink your investment strategy. What should you do with your retirement assets? Should you take a lump sum or an annuity? Do you have enough invested for growth? For income? How much can you safely withdraw to preserve your wealth?

Have you set up your assets to reflect your philanthropic and estate planning goals? Are you complying with IRS rules regarding distributions? Don’t let stiff IRS penalties eat up your hard earned assets! Make sure that you know the rules regarding required distributions from your retirement plans.

DeVane Financial is fully qualified to assist you in almost any phase of retirement planning. Call us today for a complimentary one hour consultation.