Planning for retirement may be one of the most exciting things that you ever do, but it’s also one of the most serious. A mistake in your retirement plan could mean not being able to retire at the age you want, or not being able to live your desired lifestyle during your retirement years. At Harvest Wealth Partners, we can help you to plan for your retirement years. Reach out to us today to learn more about creating a retirement plan with the help of one of our retirement planning professionals; in the meantime, use this planning checklist to help prepare—
As a young professional who’s just embarking on their career, the key to retirement planning right now is saving. Thanks to compounding interest, the more you save now, the more you’re likely to earn over the years. Even if you’re not making a lot—indeed, earnings tend to be less as an early career professional—setting aside even five-10 percent of your paycheck in a tax-advantaged retirement account could be very advantageous long-term.
As you get closer to retirement age, there are a few things that you’ll want to do with intention to ensure that you’re on track to retire when you want to. These include:
As you start to count the years until your retirement date, you’ll want to determine when you’ll start to withdraw Social Security, create a strategy for retirement withdrawals, review your healthcare and Medicare options, anticipate major expenses you’ll incur over the years, and continue to monitor your plan.
At Harvest Wealth Partners, our retirement planning professionals are here to support you. As you think about your plan for retirement and where you see yourself during your retirement years, consider working with our team for the professional support you need. Reach out to us today for a no-cost initial meeting.
Harvest Wealth Partners is committed to helping our clients work towards a successful future. We believe in your potential to understand the financial options that can lead you to your goals. Call us today to partner with our team. We look forward to continuing our mission for years to come.
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