Retirement
Plan Now, Relax Later
At Cinder Wealth, we believe retirement should be about enjoying life, not stressing over money. We partner with you to create customized plans that give you the financial freedom to focus on what truly matters—whether that’s traveling the world or finally getting around to those home projects.
From tax-smart strategies to managing healthcare costs and income planning, we’ve got you covered. Our team works with you to navigate the complexities of retirement, ensuring your savings last longer than the latest fad diet. We always have your best interests at heart—no exceptions.
So, whether you’re ready to kick back or take on a new adventure, we’ll help make sure your finances stay on track—so you can keep living life to the fullest, worry-free.
Retirement Mastery: Plan, Protect, Prosper
Withdrawal Rate:
Withdrawing too much too quickly can deplete your savings. A common guideline is 4%, but this should be adjusted based on your needs.
Healthcare Costs:
Medicare doesn’t cover everything, so expect rising medical expenses. Planning for healthcare costs is crucial in retirement.
Inflation:
Inflation reduces purchasing power over time. Investing in assets that outpace inflation, like stocks, can help protect your purchasing power.
Longevity:
With people living longer, your savings need to last longer. Plan for a retirement that could extend into your 90s or beyond.
Market Risk:
Market fluctuations can impact your savings, especially early in retirement. Diversification and careful withdrawal strategies can help reduce this risk.
Asset Allocation:
Your mix of investments affects risk and returns. Adjusting your allocation based on your age and goals is key to balancing growth and safety.
Sequence of Returns:
A market downturn early in retirement can deplete your savings faster. Managing withdrawals and diversifying your portfolio helps minimize this risk.
Spending Behavior:
Over-spending early in retirement can lead to running out of funds. Keeping track of your budget and adjusting your lifestyle as needed is essential.
By understanding and planning for these risks, you can better secure your financial future and enjoy a more comfortable retirement.