In My 70's and Beyond

You’ve earned the right to do all the things you've put off for years - travel, relax with family, volunteer. But instead of earning a steady paycheck, you'll have to start paying yourself.

You’ve earned the right to relax. Here’s how:

• Consolidate retirement plans—Consider rolling all tax-deferred retirement plans and accounts into one rollover IRA.
• Prepare for withdrawals—Pay attention to minimum distribution rules that require you to begin withdrawals from your retirement accounts at age 70½.
• Consider your legacy—A stretch IRA might be the right approach to extend the advantages of tax-deferred accumulation to your heirs.
• Protect investments—Consider steps to help protect your retirement assets and income.
• Prepare for business transition—If you own a business, review agreements and transfer plans.
• Insure for future needs—Consider a long-term care insurance policy.

At every life stage, a Wealth Management client advisor can help you stay on course.