─ 401(k), 403(b), and 457(b) Plans


─ Traditional IRA, Roth IRA

─ Lump Sum Rollovers

Your Path To A Brighter Future


Process Of ‘Retirement Planning’

The process of determining retirement income goals and the actions and decisions necessary to achieve these aims. Retirement planning includes identifying sources of financial gain, estimating expenses, implementing a savings program and managing assets. Future cash flows are considered to determine if the retirement income goal will be achieved.

Breaking Down ‘Retirement Planning’

In the simplest sense, retirement planning is the planning one does to be prepared for life after paid work ends, not just financially but in all aspects of life. The non-financial aspects include such lifestyle choices as for how to spend time in retirement, where to live, when to completely quit working, etc. A holistic approach to retirement planning considers all of these areas.

The emphasis one puts on retirement planning changes throughout different life stages. Early in a person’s working life, retirement planning is about setting aside enough money for retirement. During the middle of an individual’s career, it might also include setting specific income or asset targets and taking steps to achieve them. In the few years leading up to retirement, financial assets are more or less determined, and so the emphasis changes to non-financial, lifestyle aspects.

Source: Investopedia

Association Financial Services, LLC, is a Registered Investment Adviser Firm (RIA), conducting business in 16 states through either registration or an exemption. Association Financial, LLC, is an affiliated Insurance Agency conducting business in 6 states.

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Association Financial Services are dedicated to building long-term relationships and trust—the kind of trust that is only achieved by delivering consistent, long-term results. Taking a personal interest in the lives of each client and their family, establishing sound financial goals, and building levels of trust are the most important things that lead to a continued and valued relationship. Click the teal circular icon above for our Mission Statement.

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