IRA Rollover Specialists

Retirement & Job Changes

Saving for a secure retirement is increasing becoming an individual’s own responsibility. With more and more uncertainty about Social Security benefits and employer-sponsored pensions becoming a thing of the past, saving for a secure retirement has become increasing an individual’s own responsibility.

By your participation in your employer’s retirement plan, you’ve likely recognized that your retirement future is in your hands.

Now that you have retired or left your job, you have some decisions to make about what to do with the money you’ve saved into your retirement plan.

These decisions are more than just deciding what distribution option to choose. It goes much deeper than that…it means taking a look at your whole retirement picture. Competent and professional advice from a financial advisor could prove to be a great move when you retire or change jobs. In general, there are four important steps in assessing your retirement plan situation. They are:

Review your current situation
We take the time to evaluate your overall retirement situation. We work to learn your investment objective, tolerance for risk, when you plan to retire and how much money you may need to address your goals.

Assess your distribution options
We will explain how to preserve the tax-advantaged treatment of your current retirement plan and help you understand the potential tax implications* of a receiving a lump-sum distribution.

Weigh the influence of taxes and time
Tax-deferred accounts, like IRAs, have an advantage over taxable accounts in that the assets have the potential to accumulate faster than they would if they were taxed yearly.

Build a retirement plan with asset allocation in mind
We can help you diversify your retirement savings using asset allocation models based on your tolerance for risk and investment objective. These models can have any combination of stocks, bonds, mutual funds, cash equivalents and commodities. We monitor our models and rebalance as deemed necessary by our research department and our client’s changing needs. An asset allocation plan is critical part in overall retirement planning.

There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.

Asset allocation does not ensure a profit or protect against a loss.

*Tax advice is not offered by LPL Financial or Guide Financial Group LLC. We suggest that you discuss your specific tax issues with a qualified tax advisor.