Financial situations and needs change during each stage of life. At its most basic level, Retirement Planning can be divided into three core phases:
- Accumulation Phase: Building a savings nest egg through various financial vehicles during working years.
- Transition Phase: Preparing those savings to provide a retirement income or "paycheck" as retirement approaches. This usually entails converting the savings to safer instruments in order to help protect them from market loss and financial predators.
- Distribution Phase: Turning on a retirement income stream from those savings once retirement has begun. Being Sure to carefully optimizing the retirement "paycheck" while not depleting (outliving) your savings.
Most clients understand the importance of the "Accumulation" phase but are unsure which "Transition" or "Distribution" financial vehicle would be right for them. In fact, many clients aren't even aware of what options are available in these two phases. Freedom Financial Associates has numerous solutions for all three phases.
We take the time to listen to your needs, your goals, your family plans.
After getting to know you and what you'd like your retirement to look like, we can then work with you to establish a plan that recognizes your asset accumulation, protection, and income-planning objectives.
Our advice and recommendations will be tailored to your investment goals, desired return objectives, risk tolerance, time horizon, cash requirements and tax situation. Our investment strategies are designed based on your long-term investment goals; whether they be preserving principal, maximizing income or accumulating capital.
As an independent firm, we are not limited to a handful of products or providers -- we represent virtually every carrier available to help you get more out of your investments and reach your financial goals. Our highest priority is to help you safely navigate your retirement path and ensure your wealth is appropriately transferred and realized by future generations.