Retirees

At some point, every retiree asks us this question: “Do I have enough to live the lifestyle I desire without running out of money?”

It’s a reasonable question. Ivy League Financial Advisors recognizes that there is no magic number or formula that will guarantee a perfect retirement.

Under any circumstances, it’s difficult to create a retirement plan that will stretch for 20 or 30 years or more. But it’s become even harder after a decade of unreliable investment returns and pressure on many pension plans. All but the wealthiest seniors have had to think about restricting their spending.

We believe that financial planning for retirees must incorporate deep analysis of long-term spending plans, investment projections, Social Security income, and much more. Also, we believe that managing retirement finances is an ongoing process that must be reviewed and adjusted on a regular basis.

The Ivy League Financial Advisors financial planning process for seniors begins by understanding where you are today and what you hope to achieve. From there, we build a plan to get you there. We will:

  • Develop a long-term spending plan.
  • Maximize the tax efficiency of withdrawals from retirement portfolios.
  • Estimate retirement income from all sources, including investments, pensions, and Social Security.
  • Develop an appropriate asset allocation.
  • Conduct tax analysis of all financial decisions.
  • Analyze the need for long-term care insurance.
  • Weigh the pros and cons of purchasing an annuity.
  • Assess priorities for estate planning.

Objective Advice

And remember that at every step of the way, our advice will be objective and in your best interests. We are fee-only advisors, which means that we do not accept commissions or any form of compensation for the advice that we provide.

For example, we do not sell annuities, nor do we benefit financially in any way for recommending that a client purchase an annuity. If an annuity makes sense for you, we will refer you to a low-cost provider with a top reputation. If it doesn’t make sense, we will explain why.

Connect with us today to find out how we can help you realize your retirement goals.