Retirement Planning Services Near St. John

Whether you’re 25 or 50, thinking about retirement is important. Even if you plan to work well into retirement age, knowing that you’ll have savings once you stop working is critical. What’s more, life during retirement is often much more expensive than people expect, which means that starting to save early is especially important. At Harvest Wealth Partners, we offer retirement planning services near St. John for people like you. To learn more about how we can help, reach out to our team today.

Our Retirement Planning Services: How We Can Help

Retirement planning looks different for everyone. At Harvest Wealth Partners, we offer personalized services with your best interests in mind. We can help by:

• Determining how much you need. One of the biggest questions that most of our clients ask is in regard to how much money they’ll actually need for retirement. While the amount differs depending on your age and your average costs of living, most experts suggest that you’ll need about 80 percent of your pre-retirement salary. 
• Explaining investment options. There are a lot of different ways to save for retirement, ranging from putting money into a basic bank savings account to investing in the stock market and more. We’ll guide you through everything you need to know. 
• Guiding you through all elements of retirement planning. Planning for retirement is about more than just saving money; it’s also about planning for healthcare costs, thinking about disability and long-term care insurance, and making decisions about your business, your home, and your investments. You’ll also need to think about how other sources of income or coverage, such as Medicare and Social Security benefits, will factor into your retirement plan. Our team will guide you through the various elements of retirement planning, and advise you on your best options. 

Different Types of Retirement Savings Plans

As stated above, one of the primary roles of our retirement planning advisors is to guide our clients through the various investment and savings options available to them. Traditional retirement savings plans include:

• Simplified Employee Pension (SEP) account;
• IRA;
• Roth IRA;
• 401(k) plan;
• Pension plan; 
• Mutual funds;
• Securities; and
• Personal savings accounts. 

Why You Should Start Planning Now

The earlier that you start planning and saving for retirement, the more time your money will have to grow. This means, ideally, that you’ll have more money when it’s time to retire that you would otherwise. 

Many people who are young are hesitant about putting money away for retirement, assuming that they’ll have plenty of time to save once they get older. However, this is rarely a wise or advisable idea; it is never too early to start saving.

Call Us for Retirement Planning Services Near St. John

As you plan for the future and think about your retirement savings options, our team at Harvest Wealth Partners is here to help. We offer comprehensive, personalized retirement planning services near St. John for clients of diverse backgrounds and situations. To learn more about how we can serve you and what your options are, reach out to us by phone or online today. 

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.