Retirement

Planning for retirement is important at any age. By starting early on in your working career you can take advantage of two key elements of investing—time and compounding interest. As you approach retirement age, however, making retirement plans becomes even more critical. At James T. Borello & Co., our financial consultants have years of experience working with clients of all ages to create and execute an effective retirement plan.

Retirement Considerations

When planning for retirement, you must consider both your goals for the future and your current financial situation and responsibilities. Numerous factors influence your retirement plans including:

Your current level of debt
Your household operating budget
How much you have saved in retirement plans like 401(k)s and IRA
How much you can afford to contribute to your retirement plans now and into the future
How much you will need to live on annually during retirement
Your homeownership situation
Your educational savings goals
Your estate planning objectives

At James T. Borello & Co., we take all of these factors into consideration when advising you on your retirement plans. Our consultants are skilled in handling a variety of retirement accounts and helping clients make decisions as to when to make withdrawals from retirement accounts, when a 401(k) rollover is recommended and whether a Roth Conversion is beneficial. We help our clients create an asset allocation strategy that will ensure their retirement funds last throughout their lives and beyond.

Contact us to discuss your retirement goals with one our experienced consultants. Learn how we can help you create a financial plan that works for your entire life.