When you think about preparing for retirement, questions emerge. You may wonder how what you’ve saved stacks up against the average, or how long it needs to last. Or you might be thinking about whether you have the right investment mix for this stage of life – and market environment. We can help address all of this and more. After determining where you stand, we can help you make the most of your hard-earned income and account for the expected and unexpected in your retirement planning.
Explore these age-based guidelines to see a general idea of how much you need to save.
3x to 6xcurrent salary
6x to 10xcurrent salary
10x to 16xcurrent salary
Revamping A Saving Strategy
Sarah, a 50-year-old physician, needed help getting her retirement savings back on track. The past few years, she struggled with lifestyle inflation as she tried to keep up with colleagues’ lavish spending and now had concerns about outliving her savings, as she had seen family members experience. We helped her clarify her priorities and get a handle on her cash flow, showing her how long her money might last under different scenarios. We also helped her work out an income strategy that aligned with her vision of how she wants to spend her time in retirement.
The hypothetical example above is for illustrative purposes and is not representative of any actual experience. Individual results will vary.
We can offer insights into managing and preserving wealth efficiently and effectively, personalized to your time horizon and financial situation. Retiring on your terms doesn’t have to be complicated.
5 Years From Retirement
This period is about knowing your numbers. We can help you:
10 Years From Retirement
You can accelerate saving once eligible for catchup contributions at age 50. We can help you;
20 Years from Retirement
These may be your peak earning years, so make the most of them. We can help you:
The CUSP of Retirement
You've come a long way, but there are crucial tasks still to tackle. We can help you: