Thoughts on Retirement
Many people are more concerned than ever about their retirement. Retirement plans have been affected by the downturn in the stock market and in some cases, early retirement comes about because of lay-offs.
With Americans living longer than ever, many of us will continue to "work" into our mid-70's just to stretch the retirement dollars. Some people will work part-time or others may choose a "second career" for retirement years. Some people turn hobbies into a meaningful business.
We have some tools available to help you decide when to retire, when to start withdrawing your Social Security and tax planning ideas on when and how much to withdraw from your retirement funds. Tax planning becomes more complex due to establishing estimated tax payments or determining how much to withhold from retirement funds. Give us a call to see how we can help.
