Retirement Accumulation:

Retirement!  Sounds good, doesn't it?  Whatever the word retirement means to you is where we help you begin:

• developing a plan you can live with
• maintaining the accumulation/investing schedule
• adjusting as necessary
• using your nest-egg with confidence when you retire.

Our conversation revolves around the simple concept of filling in the gap.  We use our Retirement Analysis software to compute the following factors:

• Current income
• Future income
• Long Term Savings efforts
• Future expenses
• Social Security
• Pension (if applicable)

In the future, there will no longer be a salary – providing you with the ability to replenish funds needed to pay for the events, expenses and desires of life in retirement.  So, during the career, we help our clients determine amounts needed to “pay forward” into the future retirement “salary.”  Live on less now, so that there is something to live on then.  The amount needed to supplement social security, and pensions or other annuities is called the “gap.”  Our reports include charts and supporting data tables to provide confidence that enough is being done or will be done along the way to cover the gap.

The notion of a pension is gone for many employees in today’s market.  However, for teachers in the state of Maryland, the good news is that you are a part of the state Retirement and Pension system.  This system provides you with a "defined benefit" for as long as you live.   The amount of your benefit or pension will be based on several factors:

Whaley Financial Services™

Financial Planning for Your Life

7061 Deepage Drive, Suite 101B
Columbia, MD  21045

(443) 283-3482 (local) • (443) 283-3914 (fax)
(866) 464-7404 (toll-free)