What We Can Offer You

RETIREMENT PLANNING

The simple fact is, most people are living longer. Advances in medicine, improvement in nutrition and recognition of the impact of lifestyle on longevity have combined to create a much longer period of expected retirement. Even those retiring later in life will need to plan for decades of sustainable income to see them through retirement. By evaluating your current financial standing, then creating a comprehensive accumulation strategy and retirement plan, W & W group can help you to both determine your retirement goals and to reach them.

Ways to Save For Retirement

  • Qualified employer-sponsored plans
  • Individual retirement accounts (IRAs)
  • Personal savings
  • Executive deferral plans

What Strategy is Best for Me?

The team at W & W will work with you to determine the best way to save for your retirement. Depending on your current financial outlook, we may suggest multiple routes be employed to maximize savings or help you catch up if you began saving later in life.

401Ks and IRAs

The most common retirement planning vehicles are 401ks, pensions and IRAs, while most investors have likely heard the terms, it is important to understand the differences and benefits of each in order to make an informed decision about your investment future. W & W will take the time to walk you through each option, discussing pros and cons and helping you decide which strategy is the best fit for your life.

401ks, Pensions and IRAs

Qualified plans are employer-sponsored retirement plans such as 401ks and pension plans. While these plans are highly regulated, they can provide an invaluable opportunity to save quickly. When tax benefits and employer contributions are factored in, these plans are especially attractive for most investors. W & W’s team will coordinate your qualified plan investments and balance them against other savings plans.

Non-Qualified Executive Compensation

Business owners or executives may have access, or be able to negotiate an option for non-qualified executive compensation, a generic term used to describe a compensation arrangement that provides retirement income, and in some cases death benefits, to key employees of a business.

Smart Asset Distribution

At the heart of any retirement plan is the distribution of accumulated assets and savings. This is as critical as the actual accumulation itself. If not handled properly, the distribution process can cost investors significant portions of their savings. The team at W & W will create a distribution plan to help ensure your retirement savings last beyond your lifetime, with minimal shrinkage from taxes. From premature distribution options that allow access to retirement assets prior to age 59 ½, to products intended to provide stable monthly payments for retirement, distribution planning is paramount to a successful retirement plan.

if you're interested in speaking to an Advisor about retirement planning click here

Common Questions

  • I haven’t started saving yet. Is it too late?
    It is NEVER too late to start retirement planning. A smart plan can help you close the gap from a late start in saving for retirement and the professionals at W & W will work with you to create a savings plan that will help to ensure your security now, as well as into the future.
  • What are My Expected Income Sources in Retirement? 
    What are My Expected Income Sources in Retirement?
    Expected income sources vary widely client by client. Look at the sources below and try to determine what sources, if any you can anticipate.- Social Security
    – Qualified plan distributions
    – Pension Plans
    – Interest and dividends
    – Physical asset liquidation (selling home, reducing physical assets)
    – Inheritance income

    Regardless of your current retirement status, the team at W & W can work with you to create a plan and strategy to get you where you need to be. We will help you identify ways to reduce current expenses, increase asset accumulation and plan for a smart distribution of your assets upon retirement.