At Good Life Financial Advisors, we understand that there is no one-size fits all retirement plan. Instead, we work with you to create a plan built around your unique financial situation. Whether you are just getting started, approaching retirement, or in retirement, we can help you create a plan to work toward your financial goals. Learn more about our retirement planning services below, and contact us today to request a free consultation.

Much to Consider

When it comes to retirement planning, there is a lot to consider beyond how much to save. For starters, there is the tax implications of different savings vehicles, various potential timelines, and other financial goals. With so many different factors and decisions, planning for retirement can easily begin to feel overwhelming.

You do not have to figure this out on your own. We are here to help you stay focused on the big picture, as well as the little pieces that make it up. We take a holistic approach to your finances and will take the time needed to understand your financial situation and explain your options, so you can make informed decisions.

Where Are You Now?

Retirement planning looks different at different points in your life, as you will likely have different concerns and considerations. We get it. Here is how we can help you plan for retirement, no matter what stage of life you are in:

Far from Retirement

For those who still have a long way to go until they retire, there are often other financial concerns that must be considered, such as buying a new home or paying for college. Since these concerns are more immediate, they can feel more pressing. Maybe you keep telling yourself that retirement is something you will get around to later—but the sooner you start planning, the better. Even small steps now can have a big impact later in life. We can help you create a plan that balances both current and future goals.

Approaching Retirement

For those who are approaching retirement, now is the time to strategize. The 5-10 years before retirement is a crucial transition time, and it is important to know where you’re at financially. Retirement planning is not just about having a certain amount saved—it involves understanding how Social Security, pensions, savings, and investments work together to continue your lifestyle even after you are retired. Factors like your age of retirement, any continued income, or a spouse who still works can all have a major impact on how best to fund retirement. We can work with you to create a plan that helps you feel prepared.

We will also talk with you about the intangibles of retirement. What brings you joy? What will you do with your time? Oftentimes, people feel great purpose with their work. How can you keep that feeling of purpose when you do not have to get up and go to work every day? Now is the time to think about what makes you tick, and what you value. Some say the first half of our life is focused on success, and the second half is about significance. We will help you define what this means to you.

Retiring or Already Retired

For those who have already retired – congratulations on this well-earned next chapter of your life! You made it. We want to help you make your retirement the best years of your life! That means ongoing monitoring of your plan and making any necessary mid-course adjustments. We will be there with you each step of the way.

Just because you have stopped working, doesn’t mean your life has stopped! For many it is just the beginning. So, what do you want to do? Whether you want to help fund a grandchild’s education, take the family on a once-in-a-lifetime vacation, donate to charities of your choice, volunteer, or pursue long dormant hobbies, we have the experience to help you pursue making these dreams a reality.

Of course, new challenges can emerge in retirement. There can be issues of increased medical costs, long-term care needs, diminished capacity, and difficult family conversations. If you face these challenges, we will be there to help you navigate these situations.

Let’s Get Started

No matter what stage of life you are in, we are here to help you. Retirement is an amazing stage of life. Let us help you make your retirement years the best they can be.