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Investment advisory services are offered through Agemy Wealth Advisors, LLC, a Registered Investment Advisor and fiduciary to its clients. Agemy Financial Strategies, Inc. is a franchisee of Retirement Income Source®, LLC. Agemy Financial Strategies, Inc. and Agemy Wealth Advisors, LLC are associated entities. Agemy Financial Strategies, Inc. and Agemy Wealth Advisors, LLC entities are not associated with Retirement Income Source®, LLC.
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Toll-Free: 800.725.7616
Office: 203.738.0026
Office: 303.524.2293
Fax: 203.738.0029
Connecticut Office Address: 1570 Boston Post Road, Suite 400, Guilford, CT 06437
Colorado Office Address: 7900 E Union Ave Ste. 1100 Denver, CO 80237
Email: office@agemy.com
Investment advisory services are offered through Agemy Wealth Advisors, LLC, a Registered Investment Advisor and fiduciary to its clients. Agemy Financial Strategies, Inc. is a franchisee of Retirement Income Source®, LLC. Agemy Financial Strategies, Inc. and Agemy Wealth Advisors, LLC are associated entities. Agemy Financial Strategies, Inc. and Agemy Wealth Advisors, LLC entities are not associated with Retirement Income Source®, LLC.
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Investing in Women
NewsBoth men and women want to achieve long term financial security. So how is financial planning for women different? No matter whether you are young, mature, married or single, financial planning should be a top priority for you.
It’s no secret that saving for retirement is important, yet many women face challenges in building their retirement portfolios. Women save less than men, and they have fewer working years. These are factors that have made planning and saving for retirement a serious challenge for a lot of women.
Different financial needs coupled with family responsibilities make it difficult for women to save adequately for retirement. Saving for retirement is not a top priority for some women who must pay off debt and cater to their daily living costs. For many, thinking about day-to-day, immediate financial needs comes first rather than long-term goals. Here’s a look at some ways to invest in a brighter future.
Retirement Savings (and how women can recover)
Firstly, as a woman, you need to assess your financial situation to get a clear picture of how they use your money. To start saving, you need to analyze your income and spending. Then, you can adjust their spending habits to save more money efficiently. Try our financial calculators here to get started.
Secondly, prioritizing savings contributions goes a long way in recovering retirement savings. When it comes to money you should put yourself first and start saving for you. It is important to invest in things that help support and secure your future.
To succeed, you should set aside funds for your savings first before spending. As you budget, you should treat retirement savings as an urgent bill that needs to be paid. If you’re employed, your workplace retirement plan may be a great place to begin investing as it offers numerous perks. Your employer-sponsored 401(k) allows you to easily contribute a portion of your salary into long-term investments and build your retirement portfolio efficiently.
Rebalancing Your Portfolio
Rebalancing/reallocation of your portfolio may have a positive impact on your retirement savings plan, and variation can help minimize risk. If you are in your 20s or 30s, you should diversify your portfolio among several stock styles and sizes. You could consider large-, mid- and even small-cap stocks to round out your diversification.
When you get closer to retirement, you might want to move your portfolio into a less aggressive mix. Aggressive investment mixes are ideal for people who are close to the retirement age, since they are shifting their focus to preservation of capital and moderate growth. Working with a financial advisor will not only help you prepare in managing your portfolio but also help make the right choices for you.
Educate yourself on Investments and Retirement
Misinformation can easily come down the pipeline when taking the time to learn about investing in your portfolio and retirement. It’s crucial that women take the time to educate themselves on these financial matters. It will save you time in the long run. Being knowledgeable about your future will help you make well-informed decisions on your retirement/investing plans.
Last Thoughts
In a nutshell, investing should be easy – just buy low and sell high – but most of us have trouble following that simple advice. There are principles and strategies that may enable you to put together an investment portfolio that reflects your risk tolerance, time horizon, and goals. Understanding these principles and strategies can help you avoid some of the pitfalls that snare some investors.
However, a good financial plan is more than just a budgeting exercise or a hands-off investment strategy. It takes into account all your assets, your retirement savings, and your future plans. Working with an experienced financial advisory firm like Agemy Financial – that offers everything from investments to estate planning services – will help you create a comprehensive financial plan that addresses your dreams and lifestyle.
We can help you get individualized support tailored to your situation and goals, which may be more beneficial than trying to learn everything on your own. The right advisor can serve as a trusted partner throughout a woman’s financial journey and can provide you support and guidance to invest wisely and grow wealth.
Contact us today for more information on investment portfolios and preparing for retirement to help make your money grow for you. We look forward to hearing from you.
5 Key Mistakes to Avoid in Retirement Planning
NewsThe pandemic has pushed individuals across the nation into thinking about their retirement plans – or for many, their lack of plans. No matter where you’re at in your retirement journey, the road to a successful, stress-free future lies in proactive planning and learning how to avoid financial potholes that could set you back even further.
Retirement planning is one of the most important financial goals for your future. When executed correctly, you’ll help you maximize your potential for financial independence later in life.
When done incorrectly however, you’re facing a future that could be laden with stress and worry. Now is a good time to look at what you currently have, what you may need in retirement and a solid plan to get you there.
A new survey from Credit Ninja shows that the financial uncertainty has 21% of people reassessing their retirement age. To avoid a negative outcome in your golden years, consider these 5 key mistakes to avoid in retirement planning, and make moves now to avoid them!
The most common mistake that many people make is not having a retirement plan in place. While short-term panicking isn’t the answer to your unpreparedness, trying to predict future expenses instead of focusing on future income is a recipe for disaster.
There are many factors that come into play when planning for retirement. Such as, where you will retire, the kind of lifestyle you want to have while in retirement, and most importantly, your health. What some people fail to realize is not having a retirement plan in place sets them back significantly.
It could mean working longer or making serious adjustments to your lifestyle to get you there. Most people without any 401(k) savings are put in that position because they don’t have access to a plan at work, which is caused by their employer not having a plan at all. Another situation could be, they’re part-time or they haven’t been at the company long enough to qualify for a retirement plan. The best way to get around this is to see if your company offers retirement plans, if they do make sure to contribute enough to take advantage of any match your company offers.
It’s never too late to start your retirement income plan, so reach out to your trusted financial advisor and get started today.
A rule of thumb for retirement planning is, you should always know your savings rate. Savings rates are calculated by dividing the amount in your savings by your annual income – and trying to increase it every year. The lower your savings rate, the less money you’ll have to last you through your golden years and the less you’ll have to afford all of the necessities you’ve grown accustomed to.
According to the U.S. Bureau of Economic Analysis, the average American saved just 9.4% of his or her disposable income as of June 2021. However, most financial advisors recommend saving 10 to 15% of your income for retirement. No matter what sum you need or feel is right for retirement, the sooner you start saving and investing, the more secure you’ll be in the future.
Many retirees start by pursuing all the things they didn’t get to do while working, such as travelling, picking up a new hobby, buying a new car or renovating their homes. But so many underestimate the actual cost of these monumental expenses. To avoid this mistake, create a detailed but realistic budget – and stick to it. Be sure to work with your financial advisor to find a withdrawal rate that will stretch your money for as long as possible.
To help compensate for the additional spending you have in mind, as retirement nears, you’ll want to make sure you are maximizing your 401(k) or individual retirement account contribution and decreasing your debt and spending. Take a look at anything that has double-digit interest and eliminate that. Ideally, you don’t want anything you are paying 5% interest on. A great example of this is home mortgages. Refinancing your loan could benefit you in the long run.
If you’re having trouble saving more of your income, take a look at your spending habits and see where you need to cut back. It can be eye opening to see how little things can add up.
Long-term care is expensive. A study by Fidelity Investments found that a couple retiring at 65 would need $295,000 to cover medical costs in retirement. That figure doesn’t even account for long-term care, such as assisted living or nursing home costs. The yearly average cost of a nursing home in the U.S. is $93,075 for a semi private room and $105,850 for a private room. Not considering these costs in your retirement plan now, means you could be like many families who run out of money within a year of entering a nursing home.
You might have a few medical bills now, but you’ll likely have more as you get older. If you’re having a hard time finding the money to pay for your current medical bills, you might have an even harder time paying medical expenses when you enter retirement. By saving money now, you won’t have to worry about not being able to pay hospital bills in the future. Planning for medical expenses is an important part of overall retirement planning.
While estate planning is an ongoing and ever changing strategy, there are common documents that are part of it: a Will, Living Trust, Powers of Attorney for your assets and healthcare directives, customized tax planning and other more complex components of a customized Trust.
The overarching goal is to protect your assets on the journey to retirement and to make sure that your wishes are executed correctly, so that your loved ones have an easier process and your assets are maximized.
Effective estate management enables you to manage your affairs during your lifetime and control the distribution of your wealth after death and can spell out your healthcare wishes and ensure that they’re carried out – even if you are unable to communicate. It can even designate someone to manage your financial affairs should you be unable to do so.
Final Thoughts
In 2021, the path to retirement success includes a mixture of saving strategies consisting of steady pension contributions from your employer, retirement annuities, estate planning, investments, emergency savings and more.
For those nearing retirement, reach out to your retirement income advisor. (Note: Not all financial advisors have the same level of experience or will offer you the same depth of services. So when contracting with an advisor, do your own due diligence first and make sure the advisor can meet your financial planning needs.)
At Agemy Financial Strategies, we have an array of retirement planning solutions to help you save and grow your money. If you have any questions on our company, services, values or more, contact the retirement income experts at Agemy Financial here today. Our trusted advisors in both Denver, Colorado and Guilford, Connecticut are waiting for your call
How to Manage Your Money Better in 2021
NewsBeing good with finances is about more than just making ends meet. And when it comes to managing your financial future, there really is no time like the present.
There are many factors that come into play when managing your finances. Such as changes in tax laws, inflation, increased healthcare costs, job security and more. These uncontrollable and unknowable situations may make you feel powerless. Whatever your feelings about money are, it’s time to take control again.
*Spoiler alert: Money management doesn’t have to be stressful! If you follow these four steps, you’ll be able to move from financial stress to financial stability.*
1. Start Budgeting
If you are struggling to handle your finances, then you likely need to create a budget—a plan for how to spend your money each month, based on how much you typically earn and spend. A budget is your best tool to change your financial future. To start, write down your income and all your expenses, and then subtract the expenses from the income to determine your discretionary spending. To make this easier, use one of our financial calculators here to discover any problems for discounted cash flows, internal rates of returns, loan formulas, net present value and markup calculations and so on.
Next, at the start of each month, set up a budget to allocate how discretionary funds get spent. Track the spending over the course of the month, and at the end of the month, determine whether you stuck to the budget. If you spent more than you made, you can fix your budget by cutting unnecessary expenses or, if possible, earning more. Implement the revised budget the next month to start living within your means.
And don’t forget, the moments you spend filling the fields in of these calculators will give you a target, so that your financial freedom turns into a real goal. They’re free, they’re simple, and they’re everywhere. All it takes is a few minutes of your time to use one, and see the path you need to take.
2. Maximize your Savings
When it comes to maximizing your savings, the value of high savings rates cannot be overstated. Like the financial markets, life doesn’t usually move in a linear fashion. There will always be setbacks and unexpected hurdles (did someone say COVID!?). So if you’re only saving the bare minimum across your investment and cash accounts, or haven’t invested outside of your 401(k), you may be in a tough spot when things don’t go according to plan.
Did you know your savings can take a hit if you’re not proactively managing your taxes? Understanding tax strategies and managing your tax bill should be part of any sound financial approach. Some taxes can be deferred, and others can be managed through tax-efficient investing. With careful and consistent preparation, you may be able to manage the impact of taxes on your financial efforts.
Lastly, always have an emergency fund. A sudden change in income or an unexpected expense can happen at any time, and you’ll need something to handle these moments. Most financial experts recommend saving three to six months’ worth of expenses in an emergency fund. So in addition to having a regular savings and checking account, you should consider putting your emergency money into a separate savings account. A high-yield savings account in particular can be a great way to take advantage of the earning potential on money you won’t be touching anyway.
3. Pay off your Debt
One of the most expensive mistakes that you can make is to carry a lot of debt, especially high-interest credit card debt into your retirement years. If you want to change your financial picture and gain more financial opportunities, pay off your debt as quickly as possible.
Start by listing all of your current debt, be it credit card debt, student loan debt, or a car loan, and figure out the minimum amount you owe to remain current with each one. Simply paying the minimum amount won’t get you out of debt quickly, so evaluate your fixed expenses, and determine how much of your discretionary spending budget you can allocate toward debt repayment.
Try to reduce the interest rate on the debt by asking the issuer for a lower rate, consolidating multiple debts into one, or transferring high-interest debt to a low-interest credit card, such as a balance-transfer card. Then, set up a debt-payment plan, and adopt sound spending habits to pay off the debt as quickly as possible.
Debt management also includes monitoring your student loans. These loans can saddle you with debt for years if you are not proactive about paying them off. Whether you need to refinance or consolidate them, see whether you qualify for a student loan forgiveness program, or add them to your debt-payment plan. Getting control of your student loans is an excellent step to take right now to improve your finances.
You don’t have to drastically step up your loan-repayment schedule, either; by paying half your student loan amount every two weeks, you will make a full extra payment every year. Some lenders will even reduce your interest rate by around 0.25% when you sign up to make automatic loan payments.
4. Invest in Your Future
Once these three steps are covered, it’s time to shift your focus to money management for the long term. AKA investing. Investing should be easy – just buy low and sell high – but most of us have trouble following that simple advice. There are principles and strategies that may enable you to put together an investment portfolio that reflects your risk tolerance, time horizon, and goals. Understanding these principles and strategies can help you avoid some of the pitfalls that snare some investors.
You don’t have to figure this out on your own. Connecting with an experienced financial advisor can help you go over your options so that you can feel confident with your investment choices. They’ll walk you through the good times and the bad, and help you stay the course or make any necessary adjustments to reach your goals and help your money grow over time.
Conclusion
One of the keys to a sound financial strategy is spending less than you take in, and then finding a way to put your excess to work. A money management approach involves creating budgets to understand and make decisions about where your money is going. It also involves knowing where you may be able to put your excess cash to work.
If knowing how to manage your money is still feeling challenging or you’re feeling ready to take more advanced steps with your money, consider speaking with a financial advisor at Agemy Financial Strategies. While you are the CEO of your financial resources, you can think of us as your CFO, bringing you strategies and ideas designed for YOU in your unique situation, helping you make smarter decisions and letting you focus on enjoying life!
But whether you go it alone or get professional advice, with a little planning and a lot of ongoing discipline, you know now that it’s possible to not only avoid financial hardship but also to paint a bright financial future.
Contact us today for more information on financial planning.
Tax Strategies to Lower RMDs in Retirement
NewsIs there a way to limit the impact of required minimum distributions (RMDs)? If you’ve built substantial savings in your tax-advantaged retirement accounts, you may become a victim of your own success. Proactive planning can help you avoid penalties and minimize taxes as you pull money out of your 401(k) or IRA.
Retirement plans offer an array of benefits, from smarter savings strategies to lower taxes. But eventually, Uncle Sam makes you pay for these benefits by requiring you withdraw money from your account whether you need it or not. And as a result, your savings fall victim to much higher income taxes than you anticipated.
So what exactly is an RMD? An RMD is an amount you must withdraw each year once you turn 72. The following retirement plans have RMDs:
If you have tax-deferred retirement accounts, managing your annual Required Minimum Distribution (RMD) is a critical part of your financial plan. The key to avoiding a big tax bill is to start planning for RMDs well before your 70th birthday. Here are 4 tax-smart ways to help lower your RMDs in retirement.
1. Work Longer
One key reason for RMDs is that the Internal Revenue Service (IRS) wants to get paid for previously untaxed income. However, savers in a 401(k) who continue working past 72 and don’t own 5% or more of the company, can delay distributions from the 401(k) at their current workplace until they retire. Note that this only protects you from RMDs from your current employer’s retirement plan. You’ll still have to take RMDs from any employer-sponsored accounts you still have from prior jobs, and you can’t avoid RMDs from traditional IRAs this way.
Whether it makes sense to continue working to delay RMD taxes depends on a variety of factors, including your health, retirement goals and overall financial picture. If you enjoy your job and have no serious health issues that prevent you from doing it, delaying retirement might make sense for you.
2. Donate to Charity
If you make contributions to a charity or not-for-profit, you have the option with IRA’s to direct all or a portion of your RMD directly to these organizations. In doing so, you satisfy your RMD but avoid having to pay income tax on the distribution from the IRA…
A distribution from an IRA that is donated to charity is called a Qualified Charitable Distribution (QCD) and is not taxed as income. However, QCDs are not eligible to claim as a deduction if you itemize your tax deductions. You can also donate part of your required minimum distribution to charity and withdraw the rest as income.
3. Exploring Roth IRAs
There is one type of retirement plan that lacks RMDs: the Roth individual retirement account.
Allocating some of your retirement savings in an after-tax Roth account could set you up for tax-free investment growth and tax-free withdrawals in retirement. There are numerous factors regarding when and how much to convert to a Roth IRA. You have to do an analysis to make sure the benefits outweigh the cost to convert.
Be aware, though, that moving pre-tax money from a retirement account into a Roth IRA means you have to pay taxes all at once on those funds. Roth conversions can be expensive, whether you’re moving money from a 401(k) or a traditional IRA. Investigate your options in detail with your tax advisor.
4. Consider QLAC Annuities
A qualified longevity annuity contract (QLAC) is a multipurpose retirement-planning tool which can provide you with a guaranteed stream of income in retirement. You can fund a QLAC using money you’ve saved in your 401(k) or an IRA, and the annuity starts paying you back at the year of your choosing before you turn 85—when you must begin taking payments. Any money you move into a QLAC is excluded from RMD calculations.
If you’re interested in a QLAC, it’s important to understand what you’ll pay and what you’ll get in return, and the amount of retirement savings you can place in a QLAC is limited. For the 2021, you can contribute up to 25% of your retirement asset balance or $135,000, whichever is less. For example, if you have an IRA with a balance of $160,000, you can elect to contribute $40,000 to your QLAC, thus excluding $40,000 from your RMD.
Conclusion
If you have tax-deferred retirement accounts, your financial plan should always include managing your annual Required Minimum Distribution (RMDs). With some careful planning there may be ways to reduce what you owe.
If you’d like more resources on how you can minimize (or even prevent) unexpected retirement expenses, contact the retirement income advisors at Agemy Financial. Our firm exists for the purpose of helping people achieve their personal and financial goals. Our philosophy is to deliver quality financial programs and teach principles for successful living.
Located in Denver, Colorado and Guilford, Connecticut, we work hard to deliver a dependable retirement income strategy, in any market, so that our clients can enjoy the “best” of their lives during retirement. We look forward to working with you soon.
Catching up on Retirement After COVID
NewsThe pandemic has had a big impact on saving for retirement, but things are starting to change now. With the economy rebounding, it’s a good time to get your retirement back on track with Agemy Financial.
Since the pandemic started 16 months ago, hundreds of thousands of Americans have lost their lives, millions have lost their jobs and practically every family in America has endured online classes or work from home for months on end. We’ve changed how we work, how we shop and how we socialize.
In addition to everything else, the COVID-19 pandemic may have put a real dent in your retirement savings progress by hindering those who hadn’t started saving for retirement, the number of workers taking withdrawals from their 401(k)s last year jumped, and some companies cut their 401(k) matching contributions.
Regardless, it was probably the right move at the time, and you did what you had to do. But things are starting to change now. With the economy rebounding, it’s a good time to get your retirement back on track. To assist with that effort, here are three ways you can shore up your retirement plan for a financially secure future.
1. Reassess your plan
If you’re currently working and saving for retirement through a 401(k) or similar plan, it’s smart to stay the course, even if your employer, like many, temporarily suspended its match as a result of the pandemic. According to a November 2020 survey by the Plan Sponsor Council of America, nearly 95% of employers indicated they had not changed their retirement plans. That’s a much better outcome than what went down during and after the Great Recession.
If you had to take a 401(k) loan or withdrawal, empty an IRA out or dig into your Roth, there are ways you can get back on track without it greatly affecting your retirement goals. The first thing you need to do is take a look at where you are today and where you need to be in order to accomplish your goals.
Adding a little extra each month above your normal contribution and setting a calendar reminder every couple of months to nudge your contribution a bit higher are great ways to ramp up on saving opportunities. Big change is hard, but commit to small incremental changes to get your plan back on track. Consult with a financial advisor or planner to conduct a retirement income analysis, the results can guide you on the right path.
2. Revisit your investment portfolio
The COVID-19 outbreak has put tremendous pressure on stock prices, prompting some investors to blindly and indiscriminately sell positions at a time when the entire market is trending lower. As the world adjusts to a new normal after coronavirus, it’s time for associations to consider whether they need a new normal for their investment portfolios. It’s important to ensure your asset allocation remains appropriate for your goals, risk tolerance, time horizon, or length of time you have to invest before reaching retirement, and rebalance as necessary.
When stock prices are trending lower, some investors can second-guess their risk tolerance. But periods of market volatility can be the worst times to consider portfolio decisions. A retirement strategy formed with a financial professional has market volatility factored in. As you continue your relationship with that professional, they will also be at your side to make any adjustments and help you make any necessary decisions along the way. Their goal is to help you pursue your goals.
3. Having a back up plan
As always, it’s important to have a backup plan. Many advisors suggest doing so to protect yourself from unexpected events, like say, a pandemic. Pulling from retirement accounts should be your last resort. A backup plan can combat the need to access funds earmarked for retirement during future financial crises.
Establishing an emergency fund is critical — most Americans cannot cover an unexpected expense of $1,000. Having savings set aside for emergencies means you don’t need to tap your retirement accounts for financial surprises. Most advisors suggest three to six months of living expenses. Others suggest you can start smaller, with a goal of building your emergency fund up to $500, and add to it over time.
Final Thoughts
While the pandemic has changed our outlook on a lot of things, one thing has remained the same: It’s never too late to start saving for retirement. And while COVID has thrown a curveball to so many Americans who have worked their entire lives to retire comfortably, we are a resilient people – and now is a good time to regroup, reassess your retirement situation and establish a plan based on your goals and your needs.
No matter what your view, there are a number of questions and concerns that should be addressed to help you prepare for retirement living. For more information on how you can best prepare for retirement, contact the trusted financial advisors at Agemy Financial here today.
How to Have Enough Money for an Early Retirement
NewsThe road to retiring early isn’t easy. It takes time and discipline to earn, save, and invest as much as you possibly can.
Many Americans dream of having more free time in their later years. Perhaps you want to relocate some place warmer. Or maybe you feel led to do volunteer work, or even set off on a brand new business venture. Whatever the reason, the question is the same: What would it take for me to retire at 60? Or even younger? Unfortunately the reality of quitting work can be far different from the fantasy.
In order to retire from your job early entails finding a way to replace the income it provides, or produce enough income to fund your lifestyle. which is why unfortunately, early retirement isn’t for everyone. In fact, it isn’t for most people. Just 11 percent of today’s workers plan to retire before age 60, according to an Employee Benefit Research Institute (EBRI) survey. For many of those who do take the plunge, the reality of early retirement can turn out to be far different than the dream. But it’s not impossible.
5 questions to ask yourself before retiring early include:
Here are three moves to help make the early-retirement fantasy a reality.
1. Making Adjustments to your Current Budget
You can get by with less if you’ll have other sources of income. Retiring early means making some changes to how you earn and spend money, so in the future you get to relax. For many people, that means cutting their budget to the bare minimum. To learn to budget is a very important life skill. Here are some tips you can use to budget successfully.
− Where you can reduce your expenses on unnecessary items.
− Whether your budget is perhaps unrealistic.
− Whether you have to adjust your budget.
2. Calculate your Annual Retirement Spending
Living on a small portion of your income translates into needing less money for retirement. To do that, take a look at your current monthly spending and consider what will go down, what could go up, and what might be added or eliminated altogether. Add your final monthly expense estimates up, multiply by 12 and you have the magic number: your annual retirement needs. Most financial advisors recommend increasing it by 10% to 20% so you have some wiggle room.
There are a few exceptions to the early distribution rules. One popular among early retirees is to start a series of substantially equal periodic distributions, which are allowed by the IRS provided you follow specific protocol. Working with a financial planner to develop a strategy for tapping your investments while ducking taxes — where you can — and avoiding penalties.
3. Invest for Growth
When it comes to investing, there’s no shortage of ideas. At the risk of stating the obvious, retiring early means (1) you have a shorter period during which you can save, and (2) you have a longer period during which the money you’ve saved needs to support your spending.
Both of those mean investment returns are going to be your best friend. And to achieve the best returns, you need to invest in a balanced portfolio geared toward long-term growth. We recommend low-cost index funds, with an allocation that is tilted toward stocks for as long as you can stomach it. Here are5 smart investing strategies to follow when investing for growth.
And remember, you can’t control all the risks associated with early retirement, but what you can control is having a plan. Work with a financial advisor that is knowledgeable in early retirement planning to develop a customized portfolio, and help you manage your finances before and during retirement.
Summary
It takes planning and discipline to retire early. The earlier you start investing, the more you can benefit from compounding. That’s why you need to get going as soon as possible!
Not all financial advisors have the same level of experience or will offer you the same depth of services. So when contracting with an advisor, do your own due diligence first and make sure the advisor can meet your financial planning needs.
If you have any questions on our company, services, values or more, contact the retirement income experts at Agemy Financial here today. Our trusted advisors in both Denver, Colorado and Guilford, Connecticut are waiting for your call.