Each of us spends a lifetime accumulating assets with the eventual objective of transitioning from earned income to income generated from the accumulated assets. This process can be different depending upon one’s path but as we think about and ultimately approach retirement many of the issues are the same. Our job is to understand what our clients want to do with their lives and to ensure that they utilize their assets prudently in order to support their objectives.
How much in liquid assets do I need to retire?
What are my income sources and how do they evolve over time?
Taxable portfolio
Required Minimum Distributions (RMD) from IRAs
Social Security
Other: pension, real estate, part-time job, etc.
What are my fixed costs and how might they evolve over time?
How much does my real estate cost?
Mortgage (should I pay off my mortgage before I retire?)
Property taxes
Insurance
Utilities
HOA/club dues
Health insurance
The majority of my assets are in 401(k) / IRA accounts; how do I plan for required minimum distributions while managing future tax liabilities?
What do I enjoy doing and what does it cost?
How will I pay for help if I need it as I age or my health declines?
How do I give gifts to my children and charity?
How do I ensure that my spouse feels comfortable financially if I die?
New Hampshire
18 Congress Street - Suite 209
Portsmouth, NH 03801
(603) 431-3498
Maine
One Monument Square - Suite 601
Portland, ME 04101
(207) 523-1110
Hightower Advisors, LLC is an SEC registered investment adviser. Registration as an investment adviser does not imply a certain level of skill or training. Securities offered through Hightower Securities, LLC, Member FINRA/SIPC. brokercheck.finra.org
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