Retirement Planning

Retirement planning involves evaluating your current financial standing and creating an accumulation strategy that will help to ensure your desired retirement lifestyle. Because an individual’s retirement can take up a good portion of his or her life, retirement planning generally dominates other financial goals. A successful plan put into place during the process of wealth building should address ways to maximize growth and tax-efficient distributions.

There are several ways to save for retirement, and they are as follows:

  • Qualified employer-sponsored plans
  • Individual retirement accounts (IRAs)
  • Personal savings
  • Executive deferral plans



Qualified plans are employer-sponsored retirement plans such as 401(k)s and pension plans. Although there are contribution limits and strict distribution rules, these plans are popular because of their appealing tax benefits. Generally, employers will make participation more attractive by matching some or all of an employee’s contribution.


Individual Retirement Accounts are inexpensive, easy to establish and maintain, and offer favorable tax incentives. They can be either created by an individual or provided by an employer. Most people use IRAs to consolidate retirement savings that were previously held in employer-sponsored plans. Our process can help coordinate your IRA investments with your other savings plans.


You may find that qualified plans, IRAs, and social security won’t provide enough money to support your desired retirement lifestyle. By identifying your retirement gap, we can help you develop a strategy for personal savings invested outside of the traditional retirement vehicle. 


Business owners or executives may have access to other tax-advantaged retirement savings vehicles. “Nonqualified executive compensation” is a generic term used to describe a compensation arrangement that provides retirement income—and, in some cases, death benefits—to key employees of a business. At the heart of any retirement plan is the distribution of accumulated assets. The correct distribution method will help to ensure that your retirement savings last beyond your lifetime with minimum shrinkage from taxes. From premature distribution options that allow access to retirement assets prior to age 59½, to products intended to provide stable monthly payments for retirement, distribution planning is paramount to a successful retirement plan.