RETIREMENT PLANNING: Be financially secure, both before and after retirement

Retirement planning is one of the most important financial tasks you’ll face in your lifetime. Having a plan in place is crucial to ensure you’ll be financially secure, both before and after retirement. Without proper planning, you may find yourself in a difficult financial situation during your retirement years.

At Sherwood Investments, we believe that retirement planning is about more than just saving money. It’s about creating a comprehensive financial plan that considers your current financial situation, future goals, and retirement needs. Our retirement planning expertise is used to help you create a plan that’s tailored to your unique situation.

One of our objectives is to help you live comfortably both before and after retirement.  We also want to simplify your financial life so you have less stress and have more time to do the things you enjoy doing. Our retirement planning services will help you achieve these objectives.

Here are some key steps to consider when planning for retirement:

Retirement Planning starts with planning early

The earlier you start planning for retirement, the better. The longer you save and invest, the more time your money has to grow. Even if retirement seems far away, it’s never too early to start thinking about your long-term financial goals.

Could you determine your retirement income needs?

Do you know how much income you will need when you retire? This will depend on various factors, such as your lifestyle, healthcare needs and any other expenses you may have. We work with you to identify potential sources of retirement income, such as Social Security, pensions, and other retirement accounts. We develop a strategy to maximize your retirement income and minimize your tax liability.

Develop an investment plan.

The next step is developing an investment plan to help you reach your goals. This may include contributing to a 401(k) or other retirement plans, opening an IRA, or investing in other accounts. We will show you the pros and cons of a Roth IRA vs. a Regular IRA. The key is to save as much as possible while living comfortably and enjoying life.

Consider tax implications

When planning for retirement, it is important to consider the tax implications of your investments. Should you set up a trust? Should you roll over your 401(k) into an IRA? Certain accounts may be more advantageous than others, depending on your personal situation. We will help you navigate the complex world of tax planning to ensure that you are making the most of your retirement savings.

A solid Retirement Plan includes reviewing and adjusting your plan regularly

Retirement planning is not a one-time event. As your life changes, so will your financial needs and goals. It is important to review and adjust your retirement plan regularly to ensure that you’re on track to meet your goals. At Sherwood Investments, we help you with every step.

To achieve your financial goals and have the retirement you deserve, contact us today to schedule a free, no-obligation consultation with us.


Please contact us if you want to simplify and improve your life.



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