Your journey to retirement

Our team of experts will provide you with financial education, counseling, and the tools to help you manage your liquidity needs and future cash flows.

format arw GrSfB6 OPoY unsplash

Starting where you’re at:

With a clear understanding of your goals and financial situation, our financial advisors will guide you to develop your retirement plan. This plan includes strategies which aim to maximize retirement savings, managing investments, manage taxes, and consider potential risks.

Laying the groundwork

  1. Research. Our advisors will start researching retirement planning options, seeking information on various aspects such as your savings, investment options, pension plans, Social Security benefits, healthcare expenses, and potential risks.
  2. Goal setting. Based on the research and individual circumstances, we will understand your specific retirement goals, considering factors like desired lifestyle, travel plans, healthcare needs, legacy planning, and anticipated retirement age.
  3. Financial assessment. We will evaluate your current financial situation by assessing their assets, liabilities, income, expenses, and existing retirement savings. Our advisors may use tools like retirement calculators to estimate your needs and determine if your are on track .
  4. Retirement plan creation. With a clear understanding of their goals and financial situation, the customer develops a comprehensive retirement plan. This plan includes strategies aiming to maximize retirement savings, managing investments, mitigating taxes, and considering potential risks. They may work with a financial advisor or use online retirement planning platforms to create a customized plan.
  5. Implementation. The customer takes action to implement their retirement plan. This involves opening retirement accounts (such as 401(k), IRA, or Roth IRA), allocating funds, adjusting investment portfolios, setting up automatic contributions, and ensuring proper diversification based on risk tolerance and time horizon.
  6. Regular monitoring. The customer regularly monitors their retirement plan’s progress and adjusts it as needed. They review investment performance, track savings contributions, assess market conditions, and make necessary modifications to keep the plan aligned with their goals.
  7. Risk management. The customer evaluates potential risks that could impact their retirement plan, such as market volatility, inflation, longevity risk, healthcare costs, or unexpected life events. They may consider options like insurance coverage, long-term care planning, or estate planning to mitigate these risks.
  8. Retirement transition. As you approach your desired retirement age, we will help you prepare for the transition by recommending final adjustments to your plan (optimal time to claim Social Security benefits, healthcare coverage, funds withdrawal, etc).
  9. Post-retirement monitoring. We will provide advice to help you continue to monitor your finances, budget expenses, manage withdrawals from retirement accounts, provide strategies aimed to help your assets last through retirement, and adjust estate plans.

Bring it all home

Throughout this journey, our goal is to provide you with ongoing sound financial advice, engage you in financial education programs, and keep you informed about changes in retirement regulations to help you better make informed decisions and ultimately optimize your retirement planning strategy.

Check out these other topics for investment.

You can take reassurance in knowing that by contributing to your retirement goals, your money will grow over time thanks to the magic of compound interest.

For every corner of the market, we got you covered.

Sign up today to receive our free in-depth financial planning guide.

Check the background of investment professionals associated with this site on FINRA’s BrokerCheck.

image 1

Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA / SIPC).  Insurance products are offered through LPL or its licensed affiliates. Raiz Federal Credit Union and Mammoth Rock Investments are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using Mammoth Rock Investments, and may also be employees of Raiz Federal Credit Union.  These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, Raiz Federal Credit Union or Mammoth Rock Investments.  Securities and insurance offered through LPL or its affiliates are:

Not Insured by NCUA or Any Other Government Agency

Not Credit Union Guaranteed

Not Credit Union Deposits or Obligations

May Lose Value

The LPL Financial registered representative(s) associated with this website may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state.

* These statements are testimonials by clients of the financial professional as of the dates included with the testimonial. The clients have not been paid or received any other compensation for making these statements. As a result, the clients do not receive any material incentives or benefits for providing the testimonial.

This site is registered on wpml.org as a development site.