Retirement Planning
Retirement Planning, once a luxury for a few; now a necessity for all.
Financial Planning Department
Left to right - Tyler Ryan, Aretha Allen, Lydia Gustafson, Phil Multop, Melanie Multop, Gayle Miller & Andrew Knox.
A variety of tax-advantaged retirement plans are available today to help you build the wealth you need to live the retirement lifestyle that you desire. These plans are an important part of your investment portfolio, even if you have already retired or reached your desired savings amount. Everyone with retirement plan assets needs to avoid the tax pitfalls that may accompany your tax benefits.
At Multop Financial we use a three-stage process for managing retirement income:
Ensuring the client’s successful financial retirement requires that the financial advisor is prepared with the appropriate tools, to react to a variety of changes in the client’s situation as well as the changing economic environment. The plan’s projections and assumptions are reevaluated on a regular basis and the advisor and the client both understand that without appropriate adjustments, the risk of failure can increase significantly. At Multop financial we work towards success using a three-stage process to manage your retirement income.
Three-stage Process
Our comprehensive Three Stage Process is written and published in book form for careful review and discussion with each client during the first few consultations, prior to any business being conducted. Here is a brief overview to give you the general idea of what you will find in our Process & Techniques Handbook.
Stage One: PLANNING
There are several steps that are used to maximize our clients’ chances of a financially successful retirement. The planning process involves capturing data, identifying assets, liabilities and income sources, establishing goals, developing projections and constructing actionable plans.
Stage Two: IMPLEMENTATION
Within the implementation process, there are two main steps; Agree on the Plan and initiate the implementation, and establish a withdrawal Strategy.
State Three: MONITORING
At a minimum, an annual review is necessary to assess sustainability and performance and to identify the impact of life events and changes in goals.
Email or call us today. Our team of advisors will work with you to develop a successful financial plan!
