Retirement Planning

At Holistic Wealth Advisors, we understand that retirement planning can be easily pushed to the back burner while we navigate through life's busy demands such as raising kids, working hard, and taking care of family and friends. However, we believe that retirement planning is a crucial decision that deserves the attention it requires.

Our team is dedicated to making your retirement planning a top priority. We understand that you may not even know where to start or what your goals are, and that's okay! We have the tools and expertise to help guide you through the process of developing your goals and creating a plan that's tailored to your unique needs.

Determining when and if you can retire is one of the most important decisions you'll make in life. It can be daunting, but with our proactive planning approach, we address your concerns and reassure doubtful spouses who question if you'll ever be ready. We'll walk with you through this financial journey, year after year, updating your plan and keeping it on track to help you pursue your retirement dreams.

Without proper planning, the years of your retirement can often fall short of your expectations, and you may end up in a cash shortfall that's irreparable at this stage of life. That's why we offer an integrated retirement service that includes developing and updating your current retirement plan and managing your investments for retirement income on a regular and ongoing basis. At Holistic Wealth Advisors, we're committed to helping you work toward financial security during your retirement years.

Smart Strategies We Believe In

• Start saving early and be loyal to your savings regimen
• Develop measurable goals and update them regularly
• Contribute to your employer's retirement savings plan
• Establish ways to preserve your retirement savings
• Be open to other ways to save outside of employer sponsored plans
• Be tax diversified in retirement - not just investment diversified

We work with every client individually to build a tailored retirement plan and integrated investment strategy designed to address your unique needs and life goals. For clients transitioning into retirement, we work closely with you and your company benefit providers to help smooth this significant life transition. Many companies offer retirement investment plans in the form of a 401k or a 403b, but additional investments and personalized money decisions are essential in conjunction with your existing plan.

We help individuals, families, and businesses to plan out a retirement budget that will work for your specific circumstances. We sit down with you and your spouse to go over your complete financial picture. Our retirement calculator can even tell you an exact dollar amount you should be investing in your 401k or IRA. Not many people know just how aggressive or conservative your investments should be, but your plan will take into account your age, financial status, and your comfort level to determine the best plan for you.

Start Your Savings Journey Early 

We believe in starting to save early and be consistent in your savings regimen. Consistency is key to building long-term wealth, and the earlier you start, the more time your money has to grow. 

Develop Goals 

When it comes to retirement planning, measurable goals may include determining how much money you need to save, setting a target retirement date, and deciding on an appropriate retirement lifestyle. By defining these goals, you can develop a plan that aligns with your aspirations and takes into account your current financial situation. 

Contributions to Retirement Savings

Contribute to your employer's retirement savings plan, such as a 401(k) or 403(b). These plans offer tax benefits and are generally an easy way to save for retirement through automatic payroll deductions. However, when appropriate, we also encourage our clients to be open to other ways to save outside of employer-sponsored plans, such as individual retirement accounts (IRAs) or other investment vehicles.

Establish Ways to Preserve 

Preserving your retirement savings is also crucial, and we can help you establish ways to do so. We believe in a tax-diversified retirement approach that goes beyond just investment diversification. By planning for a tax-diversified retirement, you can address taxes in retirement and potentially keep more of your hard-earned money.

Be Open 

While employer-sponsored retirement plans can be an excellent way to save for retirement, it's essential to be open to other ways to save as well. Exploring options such as Individual Retirement Accounts (IRAs) or taxable investment accounts can provide additional opportunities to save and diversify your retirement portfolio.

Tax Diversification 

Being tax-diversified in retirement means having a mix of different types of retirement accounts, such as traditional and Roth IRAs, as well as taxable investment accounts. By diversifying the tax treatment of your retirement savings, you can manage your tax liability and optimize your retirement income, making the most of your hard-earned savings.

Consult the Professionals

At Holistic Wealth Advisors, we work with you to develop customized smart strategies that align with your unique needs and goals. Our team of advisors is dedicated to helping you build a secure financial future that allows you to enjoy your retirement years with confidence.

After consulting with our experienced retirement planning team, you can feel more comfortable and confident in your everyday activities. Get an informed opinion about your retirement plan, and speak with our financial planners at your nearest convenience. The key to a good plan is starting early.