A worry-free retirement is one of the most important goals for many individuals. When it comes to women, who typically live longer, it is important to effectively manage this goal every step of the way and at every point in your life. Consider Jemma Financial as your “go-to” resource for everything retirement.
Investing for Retirement
You may be looking forward to retirement as both an opportunity and a challenge.
- The opportunity to try new things, pursue interests, travel, volunteer and enjoy the time to do what you want, when you want to…sounds amazing, right?
- The challenge is to invest for retirement, regularly and over the long term, despite all your daily budgetary demands.
As women, we know that we typically live longer, so we also need to plan for that as well. The Center for Retirement Research at Boston College anticipates that by 2020, the retirement period for women aged 65 could be an average of 22 years.
The last thing you want to do in retirement is outlive your money. Now more than ever, a successful retirement may depend on how well you take advantage of tax-deferred saving options like IRAs and 401(k)s. Every dollar you put aside now will help later. The important thing is to have a plan and the discipline to stick to it.
At Jemma Financial, we can help you create a retirement savings strategy that works for your unique situation and goals.
Getting Ready to Retire
As you approach retirement, you have many things to consider including:
- The level of income you will need on a regular basis.
- Managing your expenses to match your income.
- The impact of healthcare costs.
- Growing your assets to keep pace with inflation so that you won’t outlive your money.
It’s important to remember that your retirement could last 20 years or more. At Jemma Financial, we can help. Our team specializes in retirement planning for women and can help you implement a plan that’s right for you.
Managing Money in Retirement
Congratulations – you’re retired! Now what?
You may have a lot of questions regarding your assets, Medicare, Social Security and what the future holds for you. This may be a time in your life when you want to pursue new interests, travel, volunteer or even have a part-time job.
Setting up an effective retirement income distribution strategy so you maintain a comfortable retirement over a lifetime is your next step.
Whether you have received a lump-sum distribution, have regular monthly payments or need to consolidate multiple retirement accounts, we can help.
At Jemma Financial, we’ll take a holistic approach to understanding your individual situation and risk tolerance. Then we work with you to create a comprehensive retirement strategy that fits your unique needs, while making the most of the assets that you have worked so hard to build.