Planning the Little Things for Retirement

Planning to retire? Congratulations! You have worked hard all your life and it is finally time to take care of the not so little things. Aside from your assets and income, retirement planning also includes life insurance, future expenses, and liabilities. If you don’t know much about the financial strategies behind the investment, saving, and distribution of money that should last you through your retirement, then we have seasonal advisors always available to talk you through everything you need to know.

Do You Need A Retirement Advisor?

What are the OTHER Aspects of Your Financial Future?

Your Home

Planning for retirement forces you to take an unbiased look at your own home and what it’s worth. Would selling your property give you more financial freedom in this period of your life, or would holding onto it be more beneficial in the long run?

Tax Efficiency

Taxes can easily turn into a huge headache once you retire. Crazy enough, your retirement accounts will still be taxed as ordinary income tax. In other words, when you take money from your 401(k) or IRA, you could still pay as much as 37% in taxes. For this reason, it’s best to pay taxes upfront through a Roth 401(k) or Roth IRA, rather than pay them upon withdrawal.


It is no secret that as you get older, our medical expenses become more of a factor. You’ll need to protect your assets by learning how to navigate the Medicare system. Aside from looking into your Medigap policy or Medicare Advantage to supplement standard Medicare, you may also want to consider an annuity, long-term care insurance, as well as life insurance.

Estate Planning

Do you know what will happen to your assets after death? Your estate plan will not only include a will that indicates your plans, but it will also include a specific strategy to help protect your assets from estate taxes. This will also make sure your assets go to your appointed family members.

Do You Need A Retirement Advisor?

Looking for a Retirement Advisor?

Although it’s never too late to start retirement planning, sooner is always better than later! Book an appointment with the financial experts at 1879 Advisors today.

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