Retirement Accumulation Planning
The Retirement Accumulation Stage of Financial Planning involves the stage of your life where you are building up assets for your retirement. This can include:
- Defining how you want to live the rest of your life
- Determine if you want to retire completely or downshifting careers in the later years of your life
- Coaching you to determine your risk tolerance and how to manage expectations about the financial markets
- Determining how much you need to invest on a periodic basis
- Determining your required rate of return in your investment strategy, the corresponding allocation of stocks, bonds and cash to meet this required return and if this is aligned with your tolerance for risk
- Making the best use of taxable, tax-deferred and tax free accounts to maximize your after-tax rate of return
- Adjusting the risk/return level of the portfolio; eliminating risk when not needed and only increasing risk if needed (ongoing client engagements)
- Early retirement strategies