Retirement planning involves managing and distributing savings or income to support life after employment. Its main objective is to secure financial freedom during retirement. The retirement planning process seeks to evaluate how prepared an individual is for retirement, considering their preferred age and standard of living. It also focuses on determining strategies to enhance their ability to retire comfortably.

Retirement planning near me often begins with reaching out to family and friends to ask if they’ve had any interactions with local independent financial advisors. Their firsthand experiences can offer valuable insights and help guide your initial search. That said, remember that what worked—or didn’t—for them might not necessarily apply to your situation. Nonetheless, it’s a helpful way to begin exploring your options.

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Retirement planning services are provided through the TIAA Retirement Advisor, a financial brokerage solution operated by TIAA-CREF Individual & Institutional Services, LLC. This organization is a licensed broker-dealer and holds membership with both FINRA and SIPC. For more information, please visit the Important Information section. The TIAA Retirement Advisor is intended exclusively for U.S. residents.

Retirement planning calculator: A Roth IRA is a well-known retirement savings option that offers valuable tax advantages. Unlike traditional IRAs, which may provide a tax deduction when you contribute, Roth IRAs are funded with after-tax dollars, meaning qualified withdrawals in retirement are completely tax-free. The tool below helps you estimate your annual contribution limit to a Roth IRA and forecasts the potential growth of your account by the time you reach retirement age.

Retirement planning tools offer a valuable way to start conversations with prospective clients and reengage existing ones. With just a few key pieces of information, they help demonstrate how an individual’s savings relate to their desired retirement income, encouraging deeper discussions about their long-term financial objectives.

Retirement planning tool offered by Fidelity lets you easily assess how on-track your current savings strategy is. You’ll answer six straightforward questions about your age, earnings, current retirement savings, monthly contributions, desired retirement lifestyle, and investment style. Based on your responses, the tool provides a customized retirement readiness score.

Retirement planning software like the Betterment app helps you develop a customized strategy for your future. After you sign up and share personal details—such as your financial situation and location—the app begins crafting your retirement plan. It reviews your information and creates a tailored savings and investment roadmap aimed at meeting your retirement goals. Through this process, Betterment supports you in working toward lasting financial stability.

Retirement planning advice should be delivered regularly — staying consistent may take work, but it’s one of the fastest ways to earn trust. Use multiple forms of engagement — the more touchpoints you offer, the greater your chances of turning interest into action.

Retirement planning financial advisor professionals often possess specialized expertise in particular fields. For example, if you own a business, they can help you minimize taxes during the sale or transfer of your company’s assets. That’s why selecting an advisor who matches your personal objectives is crucial. Partnering with the right planner guarantees that your financial plan suits your specific circumstances.

Peak Retirement Planning operates with its main office and headquarters located in Columbus, Ohio. According to the most recent Form ADV submitted by the firm, it disclosed regulatory assets under management totaling $416,358,000. The principal location and business headquarters of Peak Retirement Planning are situated in Columbus, OH. Based on the firm’s latest filed Form ADV, it manages regulatory assets valued at approximately $416.36 million.