The Key component of a Successful Retirement Plan, is taking action today.  The most powerful element of any retirement plan is Time.   The longer you have your assets working and growing for you, the greater your chances of accumulating adequate resources to fund the retirement of your dreams. 

Clicking on one for you will take you to some general guidelines of recommended actions you should be taking, based upon your current age.  There are also additional special situation buttons also,  that may provide you addition guidelines and information to consider.

If you wish to return to this page after clicking on a button, simply hit the "BACK" button on your browser to return to this page, or use the navigation bar on the left

Age Related Guidelines.


Under 35


Under 35 with Kids

I am 35 - 45


I am 45 - 65



Additional Special Circumstance Guidlines


We have a Blended Family


I am Single

I am Retiring
Within 1 - 2 Years


I have a Special Needs
Child / Spouse / Parent





Click this link for a quick reminder of what the new Estate Tax Exemption amounts are.  Do not be mislead from this chart into thinking that after 2010, that the Estate Tax disappears as well.  In fact, the current law stipulates that in 2011, that the exemption will return to the 2000 level of $675,000.  Most people also do not know, or forget, what assets are included in determining the value of your estate.   As an example, most people fail to recognize that their Life Insurance is included for estate tax purposes.  That is why an ILIT may be a preferred alternative.  If you do not know what an ILIT is, or if you need help with any of these issues, please feel free to contact us

If you have any questions about our recommendations, or suggestions for additional information to be added, please contact us. 


Hopefully, by now you are familiar with the Successful Financial Strategy Pyramid, and understand the relationships between the various components.  As you get closer to retirement, these relationships become more important.  Understanding  the best way  to withdraw assets from each of these asset classes can either improve, or hinder the amount of money you get to keep and use in your retirement.  Reviewing this  Growth-Tax-Withdrawal Rules table will help you with that understanding. 

If you have not done so already, please review the following E-Seminars:  Financial ManagementRetirement PlanningLong Term Care, Tax Strategies, and  Estate PlanningWhen you are done with any of the seminars, hit the "BACK" button to return to this page. 

The chart below graphically represents hypothetically where your retirement income will come from, if you wish to continue to live at just 80% of your current salary.  As you can see, it will require using a mixture of Social Security, withdrawals from your 401K, and withdrawals from your own Personal Retirement Assets (PRA) or funds to make up the difference.  

Four major questions about this chart you ask yourself are 1)  How long will my 401K funds last, at that spending level?  Will they last 5 years, 10 years, 20 years or for life?  2 )  How long will my personal assets last at that spending level?

3)  Will 80% of my current income be enough.  Many retired couples find that they spend more than 80% of their previous income level because or increased health care costs, the impact of inflation, and they also want to spend additional money doing the things they have put off, such as travel. 

And 4)  How long will our money last, if one of us requires Long Term Care during retirement.  Instead of an 80% funding level, you might require 200%, 300% or higher to pay those bills.

Below, there are four age related buttons.

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Check the background of this financial professional on FINRA's BrokerCheck