Will You Have Enough Income to Retire?
With Lift Bridge Financial™, You Can Know What It Will Take to Retire Well Using Your Retirement Income.
The idea of retirement is a mystery for many of our West Side neighbors…
The prospect of retirement often raises more questions than answers:
- How much do we need to retire?
- If we retire, what can that look like? Will we be able to take that trip? Can we still live in Spencerport? Will we be able to do what we want?
- Will we ever be able to retire?
One of our HERO values with Lift Bridge Financial™ is Empowerment. There is power in information and industry insight. Knowing your current financial reality is one of the first steps in determining your retirement opportunities.
We consider several factors when calculating your potential retirement experience:
- Any projected retirement income, such as Social Security, pensions, savings, investments, business stakes, etc.
- Your expected expenses during retirement
- Your current account types
- Potential tax liabilities
- Account-specific distribution requirements and limitations, such as your RMDs
We also factor in your timeline, potential health risks and challenges, and your workload. Are you planning on retiring in the next few years or in 10 years? Are you planning on a partial or full retirement?
Together, we can create your Lift Bridge Retirement Roadmap™. This is your personalized strategy with strong data, an accurate perspective, and access to the resources you need. This plan is designed to show you what’s possible with retirement. You may be surprised to see retirement is a better future than what it looks like today.
Clients Often Ask Us These Questions About Their Retirement Income
What can we do if I don’t have a pension or a retirement plan?
An annuity is one of the most common methods of creating an additional retirement income source for people who don’t have a pension or a strong investment base. It also serves as part of a good estate plan. The earlier you start contributing to an annuity, the more potential you have for growing your money.
When can I retire? Do I have enough money?
It depends on various factors, including your income, assets, and debts, and how much you think you’ll spend in retirement. A good next step is to connect with us to start a conversation.
When should we start talking about retirement?
We recommend having a good conversation about two to three years before you plan to retire. We can review your financial situation together and see if you’re on track to live the life you want.
Let Us Help You Get the Right Answers About Your Retirement Income.
Retirement doesn’t have to be a mystery. Talk with our Lift Bridge Financial™ team to see what your retirement income can do for you starting today.
An independent Financial and Insurance Services practice based in Spencerport, NY, Lift Bridge Financial services clients in Western New York, including Monroe, Wayne, Orleans, Ontario, and Livingston counties. Simon Devenish is registered in NY, TN, and FL.
Contact Us
(585) 851-1629
(585) 540-1491
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Medicare Disclaimer: We do not offer every plan available in your area. Currently, we represent four organizations which offer 56 plans in your area. Please contact Medicare.gov, 1–800–MEDICARE, or your local State Health Insurance Program (SHIP) to get information on all of your options.