Ready to Retire

Meet Beth & Steve

They have accumulated a $2 million nest egg but aren’t sure how to make their money stretch the furthest to ensure they don’t run out of money.

Challenges:

1. Shifting from Savings to Spending
2. When is Optimal Time to Begin Social Security
3. Evaluating residence options (home renovation, Continuing Care Retirement Community) 

Solutions:

1. Bucket Approach – We recommend more conservative investments for near-term spending needs and growth-oriented investments for the long term. We think this reduces the risk and stress of having to sell in a down market while allowing the portfolio to grow over time. The money you need today is not exposed to stock market volatility.
2. Social Security – We use software with the latest Social Security data to inform recommendations on the optimal timing to begin receiving benefits. 
3. Retirement Living – Where to live to maximize your enjoyment in retirement is a significant decision. We can help by researching, running calculations and advising on various living arrangements.