Retirement Income Planning & Protection

What plan is right for you?

The number one fear Americans have in retirement is running out of money. As soon as you start saving, it’s important to design a plan that works for you. In our opinion, it’s always better to plan for too long than not long enough. When working with Dave, our clients will receive same-day clarity on what can be fixed in their retirement to improve their future.

After the initial consultation, we provide our clients with a financial diagnosis, which will include spending needs and future taxes.

If you plan on spending what could be 15 to 35 years in retirement, we believe it is paramount to learn the answers to the following questions:

• What rate of return do you have to earn on your savings and investment dollars to be able to retire at your current standard of living and have money to last through your life expectancy?
• How much do you need to save on a monthly or annual basis to be able to retire at your current standard of living and to ensure that your money will last through your life expectancy?
• Doing what you are currently doing, how long will you have to work to be able to retire and live your current lifestyle until your life expectancy?
• If you don’t do anything different than what you are doing today, how much will you have to reduce your standard of living at retirement for your money to last for your life expectancy?

First Financial Planners can provide you with a comprehensive analysis of your current financial position and will provide your results in advance and the clarity needed to identify financial and tax problems in the future. We’ll help you identify your financial blind spots and how to strategize according to them. With a thorough analysis complete, we can then get to work on crafting a strategic plan to overcome and eliminate the financial obstacles you face.