Retirement Planning

Get a customized retirement income plan to help you retire with confidence.

Retirement planning is the process of making smart decisions with your finances to achieve financial independence in retirement.

If you are like a lot of individuals we help, you're likely concerned about having enough money to live comfortably in retirement.

The truth is, you're not alone. A 2017 investor study by Dimensional Fund Advisors identified this as the top concern for investors who had between $1 million to $5 million in investable assets.

That's where Covenant Wealth Advisors' retirement planning advice can help. We can help you identify actionable steps to improve your retirement readiness. We can also give you the financial planning knowledge you need so you don't run out of money.

When you decide to retire, we'll structure your investment portfolio to create income on a regular basis. You focus on life. We'll focus on you.

Understanding Your Income Needs

Our approach to retirement planning starts with understanding your cash flow and income needs. Without knowing how much you spend, it's impossible to know how to create the income you need to maintain your lifestyle in retirement.

Once we've narrowed down your spending needs on a high level, we'll segment out your expenses into retirement spending categories such as basic living expenses, healthcare expenses, travel considerations, new car purchases in retirement, charitable giving desires, helping family members, and paying for long-term care expenses.

Next, we'll focus our attention on how to maximize your income in retirement to meet your spending needs and lifestyle desires. We'll analyze hundreds of strategies to find out how we can:

Increase your Social Security benefits
Maximize your pension benefits
Reduce the cost of healthcare
Create sustainable income from your investment portfolio
Reduce taxes now and in the future

From there, we'll focus on how to optimize your investment portfolio to give you the highest probability of living a great life in retirement without running out of money.

Our Retirement Planning Services Include

Retirement Income and Expense Projections

Social Security Benefits Analysis

Pension Options and Analysis

Income Tax Reduction Strategies

Retirement Savings Needs Analysis

Investment Management and Planning

Tax Efficient Income Draw Down

Long-Term Care Needs Analysis