Location, Location, Location

Retirement, Income, Tax & Estate Planning.

Location, Location, Location

September 9, 2014 Investing Newsletter Retirement Planning 0

When we hear the words “location, location, location”, we know folks are talking about real estate, as the value of a property can vary so much depending on its location. The same can be said regarding your money. Money can much more valuable and worth so much more if it is being saved and invested in the right location for its specific objective.

As you can imagine, there are many different places and ways to save and invest money. The ultimate value of this savings and investments at a given point in time can be completely different depending on the location of where it is being saved and invested. The location aspect of saving and investing money comes down to two main considerations, “where” and “how”.

First, you need to know how the money will be used in the future. Will it be used to provide a lifetime income in retirement? Will it be used to pass on to your beneficiaries? Will it be used as a retirement supplement account for needs as they arise? Again, what is the objective for that specific money?

Once you know how it is going to be used, then you can start determining where that money should be placed. In other words, where is the proper location for that savings and investment to benefit you the most in the future per the specific objective of that money?
What type of account should be used, pre-tax, after-tax or tax free? Should it be invested in an actively managed account, a target date fund ora non-risk account? There are many other considerations here.

We all know it’s important to save for retirement. But exactly where and how you save and invest that money may be just as important. It’s all part of the comprehensive and complete retirement income and investment strategies we put together for clients every day.
Is anxiety about the future keeping you awake at night? Give me a call or shoot me an email and let’s match up calendars. After going through our Retirement Roadmap Review, together we can address the concerns you have and design a plan that works for you!

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