Retirement is a period when individuals retire from the workplace to relax in their life after a long carrier in any corporate organization of business duty. A lot of people put forth special planning for their retirement plan, but many are not satisfied at the time of retirement and where they find a lot of financial issues.
Fred Orentlich, the SFS founder, has different kinds of tactics for individuals to set their personal goals and strategies to achieve them. Fred also assists his clients with different financial services. People taking guidance from an expert financer can help them to achieve better strategies and happy retirement life. Fred helps his clients in:
Setting Personal Goals
The most important part of every individual before retirement is to set perfect life goals. How do you want to live your life after retirement? Dreams that you want to fulfill post-retirement life, specific strategy about your future income flow, what kind of wealth and health you want to achieve.
This has become difficult for normal people as they can’t figure out their personal goals post-retirement life. Fred, a licensed financial professional for more than a decade, is helping out his clients in planning personal goals.
Choosing the right retirement plan
Choosing the right type of saving account for retirement plans can help you live a dream life after you retired. It’s important to have a saving for the individuals that become a financial source when they completely retired.
Different types of retirement plans like 401K, 403B, and 457 are discussed by the financer to their clients, and the customer can choose his/her suitable plan. IRAs are also providing clients with options where they can save their money if 401K, 403B, and 457 do not suit them.
Create HSAs
Health saving account provides excellent tax benefits for health care services, which can be used as a source of income for the retirement plan. HSAs are a well-known plan which is useful for all individual at the time of retired life.
Taking an expert’s guidance can help you know more about the HSAs benefits and plan when to have an account. This is necessary for the entire individual who is planning for retirement life.
Selecting the Right Insurance and Annuities
There are different types of Insurance and Annuities available presently that can be used to structure the retirement plan.
Fred Orentlich organization provides various Annuities plans for the clients like a fixed annuity and variable annuity, where the clients can choose any of their suitable annuities.
A fixed annuity provides a guaranteed rate of growth for a year or several years, whereas a variable annuity is based on the investment. Specific life insurance is also provided to the client by the organization.
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