We see this ALL THE TIME: The urgency about your financial future has started really setting in.
You start thinking less about climbing the career ladder and more about flexibility, freedom, purpose, and making your money work harder than ever so you won’t have to.
In your 50s we’re going to focus on:
- How much retirement income you’ll actually need
- Find your true gap, without SS (and your pension?)
- Creating a better monthly investment plan to close that gap
- Staying invested for growth; we’re not going to get overly conservative too soon
- Updating your estate plan
- Planning ahead for health care costs
- Setting meaningful milestones, like $1M+ in non-qualified investments by age 60
Your 50s aren’t about retiring tomorrow. They’re about designing what your next chapter will look like, and putting a confident, well-funded plan behind it.
If you don’t have a confident, written financial plan yet, ask yourself: Why?
The choices you make in the next few years will determine whether you enter retirement with confidence… or with questions.
If we’re not currently working together and you don’t have a plan in place yet, or if it’s been a while since you’ve updated it, now’s the time.
Let’s talk. We’re here when you’re ready,
—Nic
A couple notes:
*If you have friends or family that might find this helpful, please forward this their way.
**If we’re not yet working together and you’re already working with an advisor but have considered making a change, please know that we help people do this all the time. It’s a simple transfer process that can be done without you having to be involved at all (if you like).
