The new approach to retirement readiness is here and it’s based on the belief that when you take the time to educate yourself, proactively analyze and strategize and then build and implement an informed plan, you’ll enjoy a more confident and comfortable retirement. Retirement happens…get ready with our complimentary Readiness kit below.
Here in our Retirement Readiness Kit, you’ll see a variety of content to help you get started with your retirement planning.
You can interact with the content at your own pace, in any order you please, or follow the steps we’ve outlined. Once you’ve reviewed all of the materials, you can request any of our complimentary assessments at the bottom of the page. We look forward to helping you get ready for retirement.
Step 1: Get Educated: Retirement Readiness Self-Assessment and Ultimate Retirement Checklist
We’re providing you access to a Retirement Readiness self-assessment (provided by Retirement Solved) that can help show you how ready you are for retirement and find any gaps in your current retirement plan. You can check out the Ultimate Retirement Readiness To-Do List.
Take the Retirement Solved Readiness Quiz
(Note: You’ll be taken to the Retirement Solved website to complete this quiz. You can come back to this kit anytime)
Step 2: Take an Inventory of What You’ve Got
In our Your Retirement Advisor planning system, we start by getting you organized and taking an inventory of your assets, income and expenses as a key part of discovering if you have enough of the “right stuff” to last throughout retirement. The Multi-Discipline Retirement planner below allows you to get a snapshot of all the disciplines in your retirement plan in one place and what you’ve got in each area. The planner becomes the catalyst for completing your full retirement plan.
Get Organized with the MDRS Retirement Planner
or check out the retirement readiness platform: www.RetirementSolved.io
(Note: inside the platform you can take a COMPLETE inventory of your finances, among many other benefits. This is NOT a Your Retirement Advisor program, but is a tool worth checking out. Once you take an inventory within the platform, the software will identify your potential gaps, risks and opportunities. You can share this information with Your Retirement Advsior)
Step 3: Assess: Retirement Financial Assessments
The most important area to focus on in retirement readiness is determining if your savings and income will last a potentially long retirement. Life and retirement are about making the right decisions. And there’s no shortage of critical decisions to be made about your retirement. Informed decisions are the most impactful on your financial security. In the assessment step, it’s all about getting a formal financial assessment where you can consider and calculate the retirement risk factors we all face, such as longevity, volatility, and taxes, to name a few and how long your money will last in retirement.
Step 4: Strategize: Build Your Retirement Plan
Once your analysis has been completed, the next step is to review various strategies and build your retirement plan. Planning for income distribution in retirement is COMPLETELY different from the accumulation phase of your life. Your portfolio will have a completely different set of goals and strategies. A reliable plan will address these KEY strategies:
Portfolio Optimization: How to suitably invest retirement assets for growth, while minimizing portfolio volatility and preserving principle?
Maximize Social Security: When to apply for Social Security to try to maximize income benefits? Learn more about the 15 mistakes to avoid in claiming your Social Security (provided by Retirement Solved)
Minimize Taxes: How to eliminate your tax burden in retirement? Learn about the critical importance of taxes in this guide
You can learn about all the other “retirement optimized” strategies you’ll want to consider for you plan, including:
- Mitigating Risks: How to mitigate the key risk factor of volatility: Learn about volatility risk (provided by Retirement Solved)
- Income Distribution: What’s the appropriate income distribution method to utilize, which reflects each client’s individual needs?
Check out an overview of our Multi-Discipline Retirement Strategies here
Step 5: Retirement Planning Isn’t Easy…Get Help from a Hybrid “Retirement” Advisor
While retirement planning is imperative, it certainly isn’t easy. The accumulation phase of your life is easy compared with retirement. There’s so many more considerations and issues to address in retirement. While you can certainly undertake retirement education and be your own advisor, we recommend that you make the investment in working with a hybrid “retirement” advisor who has the experience and know-how every retiree needs. The investment is much more afforable than you think, potentially saving you thousands and thousands of dollars in bad decisions. Not just any advisor will do.
Step 6: Find out if you’re ready for retirement (i.e. if you’ve got all your ducks in a row)
To help you get started on your retirement plan (or to get a 2nd opinion on a play you already have), we offer a complementary “Am I Ready” 30-minute discovery call with our co-founder Brian Saranovitz.
Watch the video below to meet Brian and hear about what he’ll discuss on this call with you. And then complete the form in the green box below to request your call.
Securities and investment advisory services offered through Osaic Wealth, Inc. member FINRA/SIPC. Osaic Wealth is separately owned and other entities and/or marketing names, products or services referenced here are independent of Osaic Wealth.
This site is published for residents of the United States and is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security or product that may be referenced herein. Persons mentioned on this website may only offer services and transact business and/or respond to inquiries in states or jurisdictions in which they have been properly registered or are exempt from registration. Not all products and services referenced on this site are available in every state, jurisdiction or from every person listed.
Your Retirement Advisor
435 Lancaster St., Suite 358
Leominster, MA 01453
Check the background of YRA co-founder and investment advisor representative, Brian Saranovitz on FINRA’S BrokerCheck