Services
The Process
As an independent office, Gateway Retirement’s sole aim is to help you build the retirement of your dreams. Since we’re an independent office, we’re able to focus on making commitments to your goals rather than pushing sales.
During your retirement planning process there are often things the average person will overlook: things you might not even know you’re missing out on—what we call “unknown unknowns.”
To illustrate this, we use a simple visual in our meetings: a bucket with band-aids on it. This might seem silly, but this bucket represents your retirement plan, and the band-aids are there to show the possible gaps. We then ask, ”Would you rather we help you find and fix these gaps, or do you want to figure them out on your own?”
We believe that the more you know, the better your decisions will be. What do you think? Are you ready to be informed?
1. DISCOVER
- Assessing Your Current Financial Situation: We’ll review your current income, expenses, assets, and liabilities.
- Identifying Goals: What are your hopes and dreams for your retirement?
- Understanding Current Plans: Together we’ll examine existing retirement accounts, pensions, and other financial resources and make sure there’s no holes in your bucket!
- Evaluating Risk Tolerance: How comfortable you are with various levels of risk in your investments?
3. ANALYZE OPTIONS
- Investment Strategies: Evaluate different investment options based on your risk tolerance and retirement goals.
- Savings Plans: Analyze how much you need to save each month to reach your retirement goals.
- Income Streams: Explore potential sources of retirement income, such as Social Security, pensions, and annuities.
- Tax Implications: Assess the tax impact of your retirement savings and withdrawal strategies.
2. DEFINE AND EDUCATE
- Learning About Retirement Accounts: We will walk you through various types of retirement accounts (e.g., 401(k), IRA) and their benefits.
- Understanding Withdrawal Strategies: Are you aware of the various methods for withdrawing funds during retirement?
- Reviewing Health Care Options: It’s so important to understand health insurance, Medicare, and potential long-term care needs before you need them.
4. ANSWER QUESTIONS
- Addressing Your Concerns: We will answer any questions about retirement planning, including those related to finances, lifestyle, and health.
- Clarifying Doubts: Provide clear explanations about complex concepts or strategies. We want to ensure your comfort every step of the way!
5. SET UP YOUR 'PIECE OF MIND' RETIREMENT
- Finalizing the Plan: Together, we will implement your retirement plan, including investment strategies and savings goals.
- Establishing Regular Reviews: To ensure you stay on track, we will schedule periodic reviews of your retirement plan
Total Retirement Planning
Medicare Education
Explanation and Implementation for Medicare Part D -drug plan, Supplement selection at the best cost or Advantage plan that suits your doctors and medicine needs.
Long-Term Care
Over 70% of those reaching age 65 will need some type of care. We help with this in various forms and some forms without health questions.
Legacy
Leaving something to your heirs or a cause you want to support.
Social Security Maximization
To maximize the most income.
Financial Security
Over 40% of retirees run out of money. This is the #1 retiree concern.
Living Revocable Trust
Avoid the long process of probate.