The Retirement Green Zone
The Retirement Green Zone
The time frame during which retirees utilize their investments – and not salaries – to help maintain their standard of living is what we call The Retirement Green Zone. With longer life expectancies, increasing tax rates, and the uncertainties surrounding Social Security, Medicare, and corporate retirement plans, retirement planning is more important than ever. We will create a personalized plan to help investors achieve their ultimate financial goal: peace of mind. We begin with a full assessment of your current financial resources and lifestyle, factoring in questions like:
- What do you want your retirement to look like?
- Can you afford to spend more in your early retirement years when you’ll likely maintain a more active lifestyle?
- Do you need a supplemental income source to satisfy your day-to-day expenses?
- Is long term care a concern?
- Is transferring wealth to the next generation a priority?
As you near The Retirement Green Zone, your focus naturally shifts from saving for retirement to funding your retirement. Petrillo Protection Group will work with you to adjust your strategy, with a focus on preserving what you’ve saved and creating a plan to help ensure that your retirement income will be there for as long as you need it.
DO I HAVE ENOUGH MONEY SAVED?
This is ultimately the most important question on retirees’ minds. Maybe you’ve saved plenty, but you don’t know how to make it come to life. It’s time to identify the right investments and strategies to best maximize income and cash flow in your retirement, net worth isn’t important if you cannot enjoy it.
TAX & DISTRIBUTION PLANNING
The idea is to ensure you have the best of both worlds. It’s possible and you can make it happen with strategies that enable you to spend all of your money but never run out of money. You can fully enjoy your Golden Years, and in many cases actually reduce your tax liability. Many retirees commonly overlook this – act now and don’t become one of them.
PRESERVATION & PROTECTION
There are a host of factors that erode wealth. Many can’t be controlled but others can and it’s essential to understand the difference and proactively address what you can control, because these don’t stop during retirement, but continue working against your goal. Your Truvium MacroManager can show you how to fully protect and preserve your financial legacy.
THE FINANCIAL LEGACY YOU LEAVE BEHIND
After ensuring your needs are met, you’ll naturally want to ensure what you’d like to leave for your children, charities and causes important to you. It’s important to communicate your intentions with your children, divide your estate fairly, and leave them with as much as possible. Your prudent planning will inspire responsible financial behavior in them.
SMARTER INVESTMENT MANAGEMENT
Without a comprehensive view that understands everything that constitutes your total financial picture, it’s impossible to see all of the threats – or the available opportunities. There are smart, effective strategies that enable you to enjoy a higher rate of return than you ever imagined, and with less risk. We can show you how.
Securities offered through Garden States Securities, Inc. member FINRA/SIPC. Advisory services offered through Garden State Investment Advisory Services, LLC, an SEC registered investment adviser. Insurance products and services are offered through Garden State Insurance Agency, Inc. Joseph Petrillo does not offer tax advice or tax planning, and any decisions made in regards to this area should first be discussed with your tax preparer or accountant.
Investments and securities involve risk. Past performance is not guarantee of future results.