The years leading up to retirement provide a great opportunity to refocus on your long-term financial goals and make headway toward achieving your desired retirement lifestyle. At this stage of life, many people find they can prioritize saving for retirement because their kids are grown and no longer financially dependent on them. Yet, financial concerns may still weigh heavily on your mind. As you near retirement, you may begin to wonder:
- When can I afford to retire?
- Have I saved enough?
- How can I minimize the taxes I owe?
- Will my loved ones be okay?
At Ciro Capital, we help you navigate these uncertainties, maximize your savings opportunities, and actively manage your tax liabilities. We use financial modeling software to walk you through various possible retirement scenarios. By manipulating the inputs, we can illustrate multiple retirement outcomes and determine the best course of action to meet your specific needs.
We identify opportunities to establish a monthly income stream to support your daily living expenses. We also make adjustments to your portfolio to focus a portion on income-producing investments, based on your specific retirement timeline, income needs, and risk tolerance.
What we can do for you
- Understand when you can afford to retire, how your money should be invested, and how much you can afford to spend
- Shape your financial future with a custom, coordinated strategy
- Identify ways to maximize your high-earning years
- Establish a tax-efficient retirement income strategy
- Coordinate retirement income from various sources, including retirement accounts, Social Security, and pensions.
- Align your investment strategy with this new phase of life.
- Ensure your estate plan is aligned with your desired legacy
- Plan for any lifestyle changes, such as a move, a second home, increased healthcare costs, long-term care, charitable giving, etc.