Lake Mary, FL Retirement Advisor Shares the Top Needed Tool For a Safe Retirement Plan
Chuck Oliver with The Hidden Wealth Solution Launches His Newest Online Article That Discusses Tools to Estimate Retirement Expenses and Income to Ensure Baby Boomer's Experience Their Best Retirement.
Oliver stated "Thinking about your lifestyle during retirement can cause a roller coaster of emotions particularly in making the transition to needing to use retirement savings to cover all lifestyle essential and desired expenses. I tell clients to think carefully about how they envision living in their retirement years. Do they plan to travel? Planning to downsize their current home, purchase a second or third home? Upgrade their vehicles? All of these require a significant amount of money and planning. For some Baby Boomers they interpret retirement with loss of income and living very stringent while others think of retirement as a time to enjoy hobbies and interests, they couldn't enjoy while working and raising their family. Either end of the retirement spectrum requires some form of income. If you are like many, traveling and visiting family typically top the list for desired things to do. I encourage people to think with the end in mind. How much will you need to live on each month once you reach retirement? Online retirement calculators can be useful when creating your retirement budget."
In his article, Oliver discusses how many Americans invest in the stock market which he says is a good investment, however, offers risky returns. Oliver added, "If you have saved enough money for retirement you may want to consider a "Lifetime Strategic Retirement Plan" (LSRP) that will determine your lifestyle income needed to cover inflation and other increased and desired costs. An LSRP also will help you determine a distribution plan so you draw from the right accounts during the appropriate times.
To read Oliver's article in its entirety visit online at:
Chuck Oliver and his team at The Hidden Wealth Solution are available Monday through Friday between the hours of 9am – 6pm EST. Their office is located at 250 International Parkway, Suite 146, Lake Mary, Florida 32746. Those interested in following Oliver and hearing more about wealth management, taxation elimination, retirement planning, reducing tax brackets, 401K investing, alternatives to ROTH IRA's and how to retire early are invited to attend Oliver's complimentary educational webinar on Tuesday October 1, 2019, to register visit: https://retirementprotected.com/
For more information call 1-800-825-1766.