Are you working because you want to or because you think you have to?
At Fiat Wealth Management, we are given opportunities to help people navigate the decision of when to retire. During the working years, most people often lose sight of why they are saving money, but as retirement nears, it is important to think about the answer to that question.
There is no better feeling than meeting with someone who has saved their money for decades and instilling the confidence necessary to enable them to make the decision to finally stop saving and start spending.
Retirement Considerations
Retirement can be a time of great anticipation. It represents the culmination of years of hard work and planning. But it can also be a time of anxiety and uncertainty. There are a number of important considerations that need to be taken into account when thinking about retirement, including financial planning, housing, and health care.
Financial planning is perhaps the most important consideration when thinking about retirement.
— Fiat Wealth Management
It is important to have a clear understanding of your income and expenses, as well as your retirement savings. Housing is another important consideration. Many retirees choose to downsize to a smaller home or move to a retirement community.
And finally, health care is an important consideration, especially if you are not covered by a company health plan. There are a number of options available, including Medicare and long-term care insurance. These are just some of the many considerations that need to be taken into account when thinking about retirement. By careful planning, this can help ensure a smooth and successful transition into this new stage of life.
Spending Money and Having Fun
But, most people have many concerns when it comes to retirement. Working through the concerns and creating financial plans for our clients that relieve their concerns and make them excited for retirement is what we strive to do!
Where We Come In
Fiat Wealth Management is a fiduciary financial planning firm that specializes in helping people plan for retirement. We offer a wide range of services, including retirement planning, investment management, and estate planning. We are located in Wayzata, MN and serve clients throughout the Twin Cities metro area and also nationally.
We've noticed people are finding themselves in similar situations... they are working not because they want to, but because they think they have to. If you've ever had that reoccurring thought, reach out to our team, we'd love to meet you.
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