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Imperative Planning for Retirement

RetirementThe closer you get to retirement the more important the implementation of your planning will be.

You may be ready to move from accumulating money to protecting what you already have. At this point, there are some important decisions that need to be made. For example, you will need to decide when to take Social Security, how to take your pension (if you have one), how to structure your savings to be sure you don’t run out of money and how to plan for taxes, inflation, and long-term care costs.

Here’s the five “must haves” to help you with your retirement challenges:

Income plan: the top goal in retirement planning is creating a strategy that ensures you don’t run out of money.

Protection plan: unanticipated events like the death of your spouse or serious illness, can wreak havoc with retirement goals.

Growth plan: examine your glide path when you’re near or in retirement to reduce the risk in your portfolio and to hedge against inflation.

Tax plan: taxes can impact a hard-earned nest egg without proper planning.

Estate plan: be certain that your family, friends, and favorite charities are addressed and that you document your wishes. Create and regularly review your plan with an experienced estate planning attorney so you don’t burden your loved ones with those decisions and possible issues.

Assemble an experienced team like ours to provide you the guidance you’ll need to get to and through retirement without problems; seek a complimentary consultation by clicking this link or calling us at 757.259.0707.

Reference: Kiplinger (May 2017) “Near Retirement? 5 Plans You MUST Have in Place”

 

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We've been putting together as many resources as possible so that we can continue to help:

  • If you’re a current client with a signing appointment or a prospective client with a consultation and would prefer that meeting take place in your own home, we can accomplish that with a little bit of pre-planning on our part and with the addition of a laptop, smartphone, tablet or other computer in your home to facilitate this virtual meeting. For those of you that need to sign legal documents, that too can be accomplished with the use of a webcam (FaceTime etc.), so that we can witness and electronically notarize all of your important legal documents.
  • We launched the rollout of our on-demand webinar early so that new clients and our allied professionals can view the important component parts of ‘an estate plan that works’ at their convenience.  That is available on our website.
  • Live video workshops will be produced as quickly as possible and certainly ahead of our previous schedule; we will keep you posted as these events become available. Given the ‘boutique’ nature of the firm, we rarely have more than ten people in our office including team members at any one time. During this period of ‘social distancing,’ we promise to have no more than 8 people at any time.   This allows us to comply with the Governor’s directive to limit in-person gatherings.
  • The best way to communicate with us is still by phone during regular office hours of 8:30 to 5:00, Monday through Friday, or, you can email any of our team members (that is, their first name followed by @zarembalaw.com).  We will respond to these emails as quickly as possible.
  • Please continue to follow the directives of our local, state, and federal agencies. For your health and in consideration of our team who is assisting you, if you’ve scheduled an office appointment or planned to drop off paperwork and are experiencing a fever, dry cough, or shortness of breath, please contact your primary care doctor for guidance and then our office to reschedule.

Thank you, Walt and the Zaremba Team

Coronavirus/Covid-19
Update to our Process

The unprecedented coronavirus pandemic has taken our entire country by surprise. We understand how difficult this time is for America’s businesses and families.  However, we believe it is vitally important that we make every effort possible to continue to offer solutions that avoid disrupting our important partnership with you, your family and friends.  As you know, estate planning is not something that should wait for a more convenient time, therefore the opportunity to address your important goals both during and after this crisis should not wait.  To that end, we have added the option of a ‘virtual consultation’ to our office process.  You will now have a choice of either meeting with us in our office or in the comfort of your own home.