Ideally, you begin reviewing your retirement plan well before retiring. About 5โ10 years out, it’s wise to reduce high-risk holdings and build a cash reserve (often 1โ2 years’ worth of withdrawals). This โbucket strategyโโallocating funds into short-term cash, mid-term bonds, and long-term equityโhelps buffer volatility while keeping growth on track.
Managing risk is a balancing act: you need enough growth to outpace inflation, but enough stability to avoid tapping into assets during market downturns. Many use a tiered approachโliquid, low-risk assets cover near-term spending, while remaining investments support growth. Withdrawal strategies should be flexible, incorporating safe initial withdrawal rates and adjusting as needed to ensure [...]
Thereโs no one-size-fits-all answerโneeds vary by lifestyle, projected expenses, and length of retirement. Common approaches include aiming for 70โ100% of pre-retirement income, applying the โ4% ruleโ (dividing desired annual income by 4%), or calculating based on multipliers like saving 10ร your final salary. We help tailor projections using personalized goals and account for other income [...]
Retirement planning means aligning your broader financial strategy with long-term goalsโthinking about how income sources, spending needs, and investment allocations evolve once you stop working. While legal or tax professionals handle things like Social Security strategies, pensions, or account rules, we focus on crafting a sustainable investment plan designed to support your desired retirement lifestyle.