It’s time to start taking income from your retirement plan!
Once you have determined this, let’s start by taking an inventory of your assets. While you are working, your ability to earn an income is probably your most valuable asset. Once you are out of the work force, we need to think of your retirement plan as your main asset.
The next item to review is your budget. What will you NEED to survive? Your retirement plan has to be strong enough to grow and adapt to your needs. You also have to think about things you will WANT to spend for during retirement. Make sure the “WANTS” are in the budget along with the “NEEDS”.
Once you have a budget, will your retirement plan, Social Security and pension assets be enough to meet your budget? Once again, your plan should be strong enough to grow and adapt!
A responsible financial advisor can help you to select investments, monitor their performance and implement adjustments. Make sure your advisor understands your goals and feelings. Finding a good match here can help you make responsible and appropriate choices.
Securities offered through Transamerica Financial Advisors, Inc. A Registered Broker/Dealer and Investment Advisor Member FINRA and SIPC
Kempf & Co 8195 166th Ave NE Suite 100
Redmond, WA 98052
(425)-881-8573
This information is intended for use by residents of OR, WA, CA, CO, NM, TX, IA, FL. Securities related services may not be provided to individuals residing in any state not listed above.