Tuesday, March 14, 2017

Determining the Financial Needs of Retirement

Headquartered in Jordan, Utah, Allegis Wealth Advisors offers clients a wide range of highly personalized services, including retirement planning. Allegis Wealth Advisors’ financial experts are skilled personal needs analysts.

Planning for the financial aspect of retirement requires making educated assumptions regarding factors such as expected income and life expectancy (after retirement). Even minor changes in any one factor can have major financial impacts. Because of its direct influence on buying power, the rate of inflation is one of the most critical factors in retirement planning. The number of years spent in retirement is another important consideration. Staying in the workplace longer reduces the number of years in retirement and the level of financial assets required to fund it.

Additional factors to consider involve lifestyle choices, including housing, location, hobbies, travel, and part-time employment plans, and the anticipated rate of return an investor can reasonably expect while saving for retirement.

Advisory services are offered through Allegis Investment Advisors, an SEC Registered Investment Advisor.

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