Crown Point Retirement Help

As you get closer and closer to retirement age, having a plan in place for how you’ll support yourself during retirement becomes increasingly important. As you age, you may have pressing questions about how much you need to be saving, how benefits like Social Security will factor into your retirement savings, and at what age you should retire. At Harvest Wealth Partners, we offer Crown Point retirement help for clients throughout Crown Point and the surrounding areas. Call us today for the help you need. 

Why Is it Important to Think About Retirement Now?

No matter how old you are, if you haven’t already started to think about planning for retirement, you don’t want to delay any longer. Thinking about retirement now is important because the earlier that you start saving, the more you’ll likely have at the time you’re ready to retire—over the years, money will grow and your wealth will benefit from compound interest. If you wait too long to start planning for retirement, it could sneak up on you, leaving you unprepared when it comes. 

Types of Retirement Help We Provide

At Harvest Wealth Partners, we provide various retirement planning and support services. We are happy to answer your questions about the following—

• When to retire. If you’re nearing retirement age, you may have multiple questions about when you should actually retire. What’s more, did you know that if you start claiming retirement benefits early, your benefit award may be less? Talk to our team to learn when it’s best to retire from a financial standpoint and how to maximize your income. 
• How much money you’ll need during retirement. Most people don’t understand that they’ll need about 80 percent of their pre-retirement income in order to comfortably retire, which could add up to $1 million or more over the course of their remaining living years. We can help you to calculate how much you may need to retire, as well as explore the best strategies for saving. 
• Insurance planning. As you think about retirement, you’ll also want to think about insurance. Common types of insurance plans to consider include life insurance, disability insurance, health insurance, and long-term care insurance. Having these types of insurance types may require that you pay monthly or annual premiums—which you should factor into your budget—but could also save you tens of thousands of dollars should you need them during your retirement years.
• Saving for retirement. We’ll guide you through the various different saving options and help you to choose an account that works for you. Retirement savings plans include 401(k)s, Roth IRAs, traditional IRAs, SEP IRAs, 403(b) accounts, and more. You may also have an employer that offers pension plan savings. Talk to us to learn more about your options. 
• Social Security planning. As mentioned above, the age at which you start collecting your Social Security retirement benefits will have an impact on your monthly benefit amount and how much you can collect over time. We’re here to answer your questions. 

Connect with Us for Crown Point Retirement Help Today

To learn more about smart retirement planning and to get the help you need, connect with our professionals for Crown Point retirement help today. You can reach us online or by phone at your convenience.