10. Devise a Spending Plan for Retirement Savings
While its important to save for retirement, it is also essential for clients to develop a spending plan to determine how potential expenses will be paid. Preparing a hypothetical budget will allow clients to see how their funds will be allocated. While living costs may decrease, health expenses will increase which magnifies the importance of saving now.
Retirement Planning Group is a nationally renowned firm committed to tailoring the retirement process to each individual client. With a 95% client retention rate over the course of 16 years, the expert staff of financial professionals takes time to counsel each prospect and deliver a plan that will work for them. They have been featured in esteemed publications like the Wall Street Journal and Crains Chicago Business. Find them online at www.rpgplan.com.