Retirement Planning
Retirement Income Planning and Cash Flow Management
At HMW Advisors, our strategy for building and preserving wealth may change with the markets, but this is only to remain consistent with the income planning and cash flow management to live for today, yet still be able to continue to prosper tomorrow. Life is a journey, not a destination, which makes planning a continued process. We understand that the best laid plans are ones that have flexibility and we focus on not only helping you to reach your financial goals, but giving you the freedom to change as life changes.
“For Tomorrow belongs to the people who prepare for it today.” - African Proverb
“To accomplish great things, we must not only act but also dream. Not only plan but also believe.” - Anatole France
Everything you do – from planning the education and designations you'd like to acquire, to starting a career and managing your career progression – is done in the hopes that you and your loved ones can have a better life. Have you thought to plan for life after work?
If you don't plan for life after work, all of your hard work may be for naught, and you may find yourself with more questions than answers. And, instead of life-enriching experiences and freedom, an ill-prepared retirement is bound to be one filled with financial stress and chaos.
How We Can Help
Retirement planning should begin long before you reach retirement age. We take a long-term approach to your financial well-being in order to assist you in creating a life after work that is as well-planned as your working life.
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Recognize your objectives: We learn about your retirement goals through a highly customized approach. We'll help you achieve your ideal retirement, whether it's through travel, a new hobby, or spending more time with the people you care about.
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Examine your current situation: To make a meaningful retirement plan, you must first understand your existing situation. We'll work with you to create a comprehensive financial inventory that we'll use as part of our retirement planning process.
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Create your plan: We'll work with you to come up with a retirement strategy that addresses your concerns. You'll not only have a better understanding of your investments and what you'll need to fund your retirement lifestyle when we're done, but you'll also be better prepared to deal with any shortfalls.
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Put your strategy into action: We'll work with you as you get closer to retirement to make sure the plans are implemented in a phased and orderly manner. Our retirement planning strategy is designed to make your move to retirement as smooth and stress-free as possible.
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We'll be here to help you make pension and benefit decisions: we'll be here if you need advice on government or employer pensions and benefits, including when to apply, how to apply, and what to do with your funds, among other things.
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In retirement and beyond, we'll be your partner: Multiple aspects of your financial picture are taken into account for a long and fulfilling retirement: health care, long-term care, insurance, legacy planning, and charitable giving. When you require assistance in any of these areas, our financial professionals will be available to assist you.
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Ongoing communication & reviews: We'll keep an eye on your retirement plans and consult with you if any changes or updates are needed to meet your changing retirement lifestyle requirements.
