What is Retirement Planning?
Retirement planning is a series of discussions regarding what a successful retirement looks like for you. From there, we’ll work with you to determine your retirement income needs, as well as defining which cash flows are best suited to help accomplish your goals.
MFG focuses specifically on sustainable retirement income distributions, coupled with appropriate risk management and optimal distribution strategies that allow you to retire confidently. This is a lifelong process that anyone can start at any time.
Your retirement planning might include:
- Estate planning
- Goal planning
- Understanding of capacity and willingness to take risk
- Identifying potential income sources post-retirement
Overall, our goal is to optimize finances to meet your evolving set of financial goals, while taking into consideration your financial resources and risk tolerance. For those preparing for retirement or already in retirement, significant efforts are applied to understanding income expectations through the lens of sustainable distributions, which ensures you do not outlive your assets.
MFG places additional emphasis on the execution of your plan and ongoing maintenance. We recognize a plan is only as strong as the execution and implementation of strategies given your evolving goals and circumstances.
When working with you, we manage your assets in accordance with best execution policies and optimize to ensure you retire confidently.
Remember: It’s never too early, or too late, to start retirement planning. For those in retirement, given evolving legislative and ever-shifting investment landscapes, we encourage a second opinion. Perhaps there’s more you can do to optimize your retirement – maybe that means greater sums to your heirs, a reduction in taxation, or modified allocation for risk or distributions.
What is Retirement Planning like with Midwestern Financial Group?
For us, retirement planning is one facet of financial planning, and we take careful measures to make sure our client’s retirement goals and objectives remain at the center of their overall financial plan.
Specifically, Midwestern Financial focuses retirement planning on cash flow needs and a sustainable and optimized distribution strategy. We want to help you, before you approach retirement, take stock of and manage any of your risks appropriately. More than anything, our goal is to help you retire confidently, and in the best position possible to live the life you want through retirement.
Midwestern Financial Group: Fiduciary Duty and Your Interests
At MFG, we provide comprehensive financial planning services to help individuals, families, and businesses build a strong future. Our focus is on providing unbiased advice and developing long-term relationships with our clients. With years of experience and expertise, we are confident that we can help you achieve your financial goals.
Our goal is to help you fulfill your financial dreams, whatever they may be. From investment and asset management to creating a college savings plan, our professional advisors are here to help. We’ll work with you to develop a personalized financial strategy that meets your specific needs and helps you achieve your long-term goals. Contact us today to get started!
