Frequently
Asked Question's

The rule of thumb is that you’ll need 80% of your pre-retirement income for retirement. However, there are a lot of factors to consider including your health, life expectancy, and the type of lifestyle you plan to enjoy in retirement.

These days, the average American retires around the age of 66. But people are living longer, healthier and more active lives. This means some people are choosing to work later into life.

The earlier the better. The sooner you start saving, the more time you give your money to grow. Even if you have to start by saving just a small amount each month, your savings will add up over time.

A 401(k) plan is a retirement savings plan that is commonly offered by employers. Typically, employees will contribute a tax-deferred portion of their salary to the savings plan. Employers may provide matching contributions.

The traditional IRA is a tax-deferred retirement savings plan, which means you won’t pay taxes on your contributions to this plan, but you will pay tax fees to withdraw funds in retirement. With a Roth IRA, you’ll make contributions with after-tax dollars, but you’ll be able to grow and withdraw your funds tax free.

Conventional wisdom says that you should be saving 10-15% of your current income for retirement. But this number may vary depending on your income, your current expenses, and your goals in retirement.

An annuity is a contract in which you pay a lump sum to an insurance company in exchange for a regular, guaranteed income over a set period of time, or for the rest of your life.

You are technically eligible to begin collecting social security benefits at the age of 62. However, you should be aware that your benefits will be reduced if you begin collecting Social Security benefits before reaching the full retirement age of 66 (or 67 if you were born after 1960).

Social Security benefits will vary depending on a number of personal factors including work and earnings history. Check out our Social Security benefits calculator to see how much you qualify to earn.

The majority of applicants today apply for Social Security benefits online, but you can also apply by phone (1-800-772-1213) or by making an appointment to meet with a Social Security Administrator in your area.

Yes, you may be able to receive Social Security benefits while still working. However, your benefits may be reduced depending on your age and/or earnings.

Age, health, lifestyle and other factors can impact your health costs in retirement. The conventional wisdom is that you should plan to budget 10 to 15% of your income during retirement for healthcare expenses.

You must be at least 66 years old to qualify for Medicare. The majority of applicants today enroll for Medicare benefits online, but you can also apply by phone (1-800-772-1213) or by making an appointment through Social Security office in your area.

You can prepare for nursing home and long-term care expenses with options like Medicare Supplement Plans, Health Savings Accounts (HSAs) and Long Term Care Insurance.

Yes! We are intentionally location-independent with advanced tech tools that allow us to easily work with anyone across the United States. We have clients from Florida to Hawaii and numerous places in-between. You get a flexible, efficient working relationship with our team (and no sitting in traffic or a stuffy office).

Yes. We believe in placing our clients’ best interests first. Therefore, we commit to the following five fiduciary principles: 1) We will always put our clients’ best interests first. 2) We will act with prudence; that is, with the skill, care, diligence, and good judgment of a professional. 3) We will not mislead clients and will provide conspicuous, full and fair disclosure of all important facts. 4) We will avoid conflicts of interest. 5) We will fully disclose and fairly manage, in our clients’ favor, any unavoidable conflicts.

We invest our time and effort in learning how to better serve clients that have current and former financial advisors as part of their team, so those clients benefit greatly from our planning expertise and methodologies to fill in the gaps. However, our process leads to wise financial decisions for anyone who wants more time for family and a better planned retirement even without an existing financial advisor.