The Basics of a Comprehensive Retirement Plan

New Laws and changes are probably on the horizon. And with it, there is a lot of uncertainty on some key issues that could affect your retirement. Between the pandemic, and a contentious election season, we should understand the importance of being prepared for turbulent times. Whether it’s stocking up on household supplies or getting your finances in order, there are certain things that are within your control that you can do to plan ahead.

When it comes to retirement, control the things that you can control by having a well thought out plan. With a good plan where all the pieces fit together, short-term volatility shouldn’t have much if any impact on your success or failure. There is a lot you can do to protect what you earn and grow it in retirement regardless of market timing. So rather than hope for the best, you can create a financial plan for all seasons – good and bad. A financial plan should be designed to provide you with reliable income throughout retirement and to reduce your tax burden. Most importantly, your plan should be tailored to you.

What are the other elements of a truly comprehensive retirement plan

Tax minimization: Reduce your tax burden now and in the future

Risk vs. Reward: What should you consider when creating a retirement investment strategy

How to create stable and increasing retirement income

At Brogan Financial, we do comprehensive financial planning. Our job is to make sure you don’t make a big mistake, because let’s face it – you only get one chance to retire. We do everything we can to reduce and eliminate the chance you could make a big mistake. As a fiduciary, we help our clients take advantage of every opportunity including income tax planning, social security strategy, asset location, and more.