SIMP Financial Retirement planning is the process of determining retirement income goals and the actions and decisions necessary to achieve those goals. Retirement planning includes identifying sources of income, estimating expenses, implementing a savings program, and managing assets and risk. Future cash flows are estimated to determine if the retirement income goal will be achieved.
Retirement planning is ideally a life-long process. You can start at any time, but it works best if you factor it into your financial planning from the beginning. That’s the best way to ensure a safe, secure—and fun—retirement.
Lifetime income annuities are insurance products designed to provide income throughout your retirement. If you’re about to retire, or have already, you may want to consider this financial product as a stable, guaranteed source of income.
Learn the basics of life insurance and how important it is for protecting your loved ones.
Learn the basics of long-term care insurance and how it can protect your independence and retirement savings.
Simple Steps to Your Financial Freedom