If retirement is on the horizon – or even if retirement is still a ways off, you should be thinking about the investment choices you have and the decisions you will have to make now. Many of the decisions are complicated and involve various aspects of your life, including your family, your health, your interests, your lifestyle, your goals and dreams for retirement.
The most important retirement planning principle is to ensure that you have sufficient retirement income to cover your expenses for as long as you live. Guaranteed income is income that will not be used up or go away. Social Security, annuities, pensions and reverse mortgages are examples of guaranteed income.
In addition, it is important to have other retirement assets that are adequately protected from inflation, stock market fluctuations, an unforeseen medical crisis or other emergency.
Do yourself and your loved ones a huge favor: start your financial planning early, get good sound professional advice, make wise choices for yourself and your family, and use all of your resources to maximize your future.
The biggest worry for most people is not having sufficient retirement income to get through their golden years, provide a legacy for their family and protect against unexpected risks. Stop worrying – and start planning for your retirement now.
The time to consult a retirement/investment/tax planning specialist is before you retire. Whether you have property, collectables or other physical assets, investments, retirement accounts, IRAs, stocks, mutual funds, CDs, savings accounts, insurance policies, annuities, bonds or other financial instruments, you can use what you have to achieve your life goals and to secure the retirement you dream about having.
Austin Investment Pros serve people in Central Texas, including Austin, Round Rock, Lakeway, West Lake, and other nearby communities. Greg Schroen works extensively with employees of Dell and other technology companies, The University of Texas, Federal Government employees and Texas State Government employees. He also works extensively with entrepreneurs, teachers, executives, small/micro business owners, and professionals in healthcare, law, engineering, technology, real estate and other services.