Walking away from the daily grind of the working world and from a regular paycheck can be one of the most liberating — and terrifying — moments in life.
Careful planning before retirement can help answer the biggest issues that confront retirees and can provide confidence in a secure and financially independent life after retirement. A well-crafted retirement plan can help address the following questions:
- Given my current financial situation, can I afford to retire now?
- How much can I afford to spend each year without undue risk of running out of money?
- From which accounts should I spend now versus later?
- Do I have sufficient assets not only for my own needs but also to help family and those organizations I wish to support?
Planning with a trusted advisor is key. B|O|S has guided many clients through these decisions. Our goal is to help you make smart decisions and free up your time to focus on what matters most to you.