It's the day many spend the majority of their lives working for... The day they are able to stop working! It is a very exciting concept, but it's important to consider the following topics:
Retirement Cash-Flow
- Establish a budget required to sustain a comfortable standard of living in retirement
- Analyse available options to generate retirement income
- Social Security
- Retirement accounts
- Other personal savings
- Alternative incomes (i.e. real estate properties, annuities, other)
Legacy Planning
- Wealth Transfer
- Wills and/or Trusts
Everyone's situation is very different. General advice may lead to general direction. Speak with a Ryzome Advisor to generate YOUR plan!