Can I Retire?

Share Post: facebook Created with Sketch. twitter Created with Sketch. linkedin Created with Sketch. mail Created with Sketch. print Created with Sketch.

Published by Beth Schanou

Our clients experience a variety of motivations to commence working with our team on the development of a financial plan.

Through the process, many questions are answered and a clearer path toward goal achievement is constructed.

The plan delivers clarity for a variety of questions including:

·         Am I saving enough?

·         Have I implemented necessary measures for my family in the event of my untimely disability or death?

·         Can I retire?

·         When should I apply for Social Security?

Most of the questions addressed through planning are dependent on knowledge of one critical variable: Spending. Knowing how much money a household needs to maintain a desired lifestyle is essential to planning.

As a part of our information gathering, we ask our clients to complete a living expense worksheet. The worksheet lists various categories of spending from groceries to utilities to pet products and others. The reason we request living expenses in this manner is for the eye-opening experience it provides our clients. Our clients often report having been somewhat out-of-touch with their spending, at least to some degree, before going through this exercise.

A household’s perceived amount of spending versus its actual amount of spending can move the needle on when they can comfortably retire by a matter of years. We believe the expense gathering process is indispensable for our clients to complete so we can generate the most accurate projections and provide the best guidance in addressing questions such as, “Can I retire?”

Contact us to discuss developing a financial plan and to assess your spending.

 

Share:
facebook Created with Sketch. twitter Created with Sketch. linkedin Created with Sketch. mail Created with Sketch. print Created with Sketch.
Share Post: facebook Created with Sketch. twitter Created with Sketch. linkedin Created with Sketch. mail Created with Sketch. print Created with Sketch.

RECENT POSTS

Using the 3 Bucket Method to Save for Retirement

Published by Teresa Milner | LinkedIn We all know it’s important to save for retirement. But, with so many different account options and rules, what is the best one for you? In my attempt to make the complicated simple, I choose to educate my clients on a plan I refer to as the &#8220 …

What Does Your Retirement Look Like?

Published by Jake Bleicher When I think of retirement, I think of spending a month traveling throughout Asia tasting exotic cuisines. I want to go fishing in Alaska with my buddies and send my grandchildren to college. I want to surprise underprivileged children with presents on Christmas, …

Seven Sins of Divorce

Published by Mark Petersen Divorce is one of the most emotional experiences people may contend with in their lives. With the exception of Ross Geller on Friends, most people may only experience divorce once or twice in their lifetime. With limited exposure to the process, it may be easy to …

Nelly Carson Brings You The Hard Truth About Resolutions

If you’ve read my bio (which I’m sure you have), you know that being the Chief Comfort Officer means my job is to boost the spirits of the Carson Group team with my joyful nature and all-around tail-wagging positivity. But, in my 35 years on this planet (5 human years), I’ve realized someth …
1 2 3 56 57 58 59 60 106 107 108

Get in Touch

In just 15 minutes we can get to know your situation, then connect you with an advisor committed to helping you pursue true wealth.

Schedule a Consultation