How to Plan for Retirement

William Bevins, a CERTIFIED FINANCIAL PLANNER in the metro Nashville area, believes it is never too early to plan for retirement. Retirement planning should begin with identifying your most important goals. This way the plan is individualized, focusing on what’s most important. A well written Columbia retirement plan includes these 3 elements. 


1. Investments: A great investment strategy begins with identifying a client’s risk tolerance. Without properly identifying the amount of risk someone is willing to take, many investors will become overly frustrated in times of market volatility. A diversified portfolio is also a major part of constructing a well rounded retirement plan.

2. Personal Expenses: Within retirement, managing expenses are just as important as the plan’s investment returns. The old saying - a penny saved is a penny earned - applies here. It's very important for budgeting to be in place to stay within monthly and annual spending limits.

3. Taxation: Taxation post retirement is very important. At this stage of life, what’s important is not what you earn but what you keep after taxes. A well planned investment portfolio can help with taxation at this stage in life.

William Bevins is an experienced financial planner Brentwood TN. If you are looking for financial advice, contact William Bevins.


About William Bevins:

William Bevins is a CERTIFIED FINANCIAL PLANNER™ focused on wealth management Brentwood TN. Contact William Bevins to plan your future and discuss your goals.

For more information, visit https://williambevins.com/

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