Longer life spans have created a number of new issues that need to be taken into consideration when planning for retirement. This makes retirement planning one of the most challenging financial events for many, even those with substantial wealth. Retirement planning today has taken on many new dimensions that never had to be considered by earlier generations. For one, people are living longer. A person who turns 65 today could be expected to live more than 20 years into retirement. Decisions need to be made based on a lifetime’s accumulation of investment assets, company benefits, personal use assets and Social Security. Tradition will provide advanced analytics to ensure that all options have been explored and modeled and that optimal decisions have been vetted.
Additionally, Tradition provides broad planning services covering all areas of your financial life. As well as developing an investment policy that meets your long term goals, Tradition will conduct a cash flow analysis to determine where you are currently on the savings/spending horizon.