ADVENTURE BEGINS WITH A PLAN.
Let our advisors help plot out your retirement strategy.
Retirement may seem far off,
but it is never too early to plan for your future.
Our advisors can help you clarify your goals and develop a
strategy to work toward reaching them with your Florida Retirement System (FRS) benefits
and other savings and income options.
Start by asking yourself some important questions:
Do I really need a financial advisor?
The short answer is “yes.” We’re not saying that because it’s what we do, but because it’s what we believe you need to effectively make decisions about retirement and manage your money once you retire. Your Capital City Investments advisor can help you:
- Understand your full financial picture now and how to plan for the future
- Decide which FRS retirement plan best suits your needs – investment or pension
- Determine whether to enter the Deferred Retirement Option Plan (DROP) and the appropriate time to enter to seek to maximize retirement benefits
- Consider how to utilize FRS funds once you retire (as income, for debt reduction, etc.)
- Structure your savings to better provide money throughout your retirement
- Decide when to take Social Security
- Plan for changes in taxes, inflation, healthcare and long-term care costs
- Create a financial strategy that is flexible enough to fit your life now and your retirement later
- Prepare for the unexpected
Can I afford to retire?
Several questions haunt many of us as we prepare for retirement: Have I saved enough? Can my current lifestyle be maintained? What about my debt? Your advisor is here to help answer these questions and more so you can be confident in your retirement. Expect to discuss multiple areas of your financial life with your advisor:
- Financial Goals
- Lifestyle Expectations
- Maximizing FRS Benefit
- Income and Taxes
- Debt Reduction
- Health Status
- Savings Vehicles and Balance
- Additional Benefit Sources (e.g. Social Security)
- Long-term Care
- Life Insurance
- Legacy and Estate Planning
How can I provide for my loved ones when I’m gone?
The benefits and savings accumulated over your career and how you work toward maximizing and protecting your money could help your loved ones immeasurably once you are gone. More than simply having an inheritance to pass on, it’s critical to designate beneficiaries for each of your retirement or pension accounts, ensure your loved ones know what assets you have and arrange adequate life insurance to cover any outstanding debts or expenses. Your financial advisor also will be an invaluable resource to your survivors.