Retirement Planning

What does the word "retirement" mean to you? Sitting on the porch? Fishing with your grandchildren? Starting your own business, or rolling up your sleeves and getting involved with your favorite charity? At Liberty Asset Management, we know that retirement can mean a time of boundless potential or endless financial worry, depending on how you plan for it.

To achieve the retirement that you have always dreamed of, you need to consider a wide variety of challenges that your parents' generation may never have had to consider. For instance, with today's medical advances and healthier lifestyles, life expectancies are becoming longer, and you need to make sure that you don't outlive your resources. And as more employers drop their pension plans, the burden of saving for retirement shifted to your shoulders. Liberty Asset Management can help you bring order to the chaos of retirement planning and give you the information and support you need to make informed decisions that are right for you.

Many clients have questions about how to move from the accumulation stage to the distribution stage in retirement. Your advisor can help you determine the most sensible and tax-efficient ways to take money out of your retirement accounts to make it last. Rollover strategies, periodic distributions, and the prioritization of account withdrawals can be creatively managed to provide you with income for today and growth for tomorrow.

One of the most important retirement decisions you will make is when and how to claim your Social Security benefits. The age at which you claim Social Security can have a dramatic effect on your monthly benefits and, if married, those of your spouse. The Social Security program provides choices when it comes time to claim your benefit. We can help you choose the best strategy for your unique situation as it relates to the rest of your plan.