How much do you have in savings and investments? Does your employer offer a pension plan? Do you have long-term care policy ready? In your 40s and 50s, you should be thinking about how well your nest egg fund is ready for success — think through if you have the financial resources to meet your daily retirement needs, in addition to funds for travel, to be with family, and more. At District Financial Planning, Jeff will work with you to sift through the strategies and options available for a comfortable retirement. In general, we ask clients to think through the following items:
Turning 40-50 is a perfect time to start maximizing your benefits and cash reserves for your retirement. Work with Jeff to create a retirement budget, learn how to settle any major expense or debts, adjust your spending and investment strategy, and advice you on how reduce taxes upon retirement.