Your Retirement

Certain questions take on paramount importance when approaching the retirement years. First, how long should you expect retirement to last? Second, how much is this new phase of life expected to cost? Third, what sources of income do you anticipate having? Fourth, what investment strategies can help you pursue the goals you have for retirement? 

Your Income

When approaching certain milestones or adjusting to unexpected changes, new risks are introduced. You may find yourself willing to forego return potential for steady income. A change in your mindset may drive changes in how you shape your portfolio and the investments you choose to fill it.

Your Family

Are you properly insured? Who are the beneficiaries listed on your accounts? When should you start saving for college? Are you doing what is best for your family? Protecting your income and lifestyle is one of the most loving things you can do for your family, by making sure they’re taken care of even if you can’t be the one there to do it.

Don't forget your beneficiaries

Don't forget your beneficiaries

It's a great idea to set an annual date to review your policies, accounts and beneficiaries and make sure they still correctly reflect your wishes. Here's a list of some life events that may signal you to sit down and review what you have and your plans for them:

  • Marriage or divorce
  • Birth of a child
  • Death in the family or inheritance
  • Job loss
  • New job or significant salary increase
  • Financial windfall
  • New estate plan documents or trust establishment

If you’d like, you can set your beneficiary review date to coincide with our annual account review, and we can do it together. Let’s get together soon.

Investing involves risk including the potential loss of principal. No investment strategy, including diversification, asset allocation and rebalancing, can guarantee a profit or protect against loss.

Neither LPL Financial, nor its registered representatives or employees, provide tax or legal advice. 

*Guarantees are subject to the claims-paying ability of the issuing insurance company.