"The question isn't at what age I want to retire, it's at what income."
- George Foreman
There's a lot more to building a healthy retirement than just piling up money in a 401(k). Sure, that's a great start, but at some point, you're going to look at all of that money that you've saved and ask yourself...
And the answer to that can be complex.
There are so many other questions that have to be answered first when going through your retirement planning.
What do you want retirement to look like? How will you spend your time? Where will you live? Where do you want to travel? Do you want to leave a legacy to your kids and grandkids? Are you prepared to handle nursing home expenses? How do you feel about watching your money bounce up and down in the market? Are you sure that you won't run out of money before you die?
Once we know the answer to those questions for your retirement planning, we can start to find the answers to "What now?"
At Rosewood Wealth Management, financial advisors for retirement planning in Durham, NC, we believe in helping you build a plan that answers all of those questions. We want to help you understand all of the options available to you in the financial world so that you can choose the path that makes the most sense for you and your family. We’re not here to try and push you in a certain direction. Our job is to help you understand all of your options, educate you on the pros and cons of each, and assist you in constructing a plan that works for you. Contact our financial advisors in Durham, NC today for more info!