Brookfield, WI Financial Advice For Retirement Income: Maximize Social Security

by PRC Agency PR

Looking forward to your retirement? Whether that's just around the corner or still years away, it's essential to have a good financial strategy in place.

Plan your retirement income with the help of Goldstone Financial Group – serving retirees in the Brookfield, WI area. More details at https://goldstonefinancialgroup.com/

Expect The Unexpected

The firm helps you maximize your income streams and minimize taxes in your later years. If you've been facing financial pressures due to low interest rates, increases in the cost of living, and high inflation, Goldstone can help you recover and budget and plan for all eventualities.

Financial GPS

You can take advantage of Goldstone's proprietary 'Financial GPS' – an omnidirectional framework for personal economy that incorporates investment strategies, social security maximization, and tax reduction to meet your preferred timeline for retirement. Get a free consultation to discuss your circumstances and goals.

Your Best Interests

Goldstone agents are all licensed fiduciary advisors who are legally obligated to advise in your best interests. They'll evaluate all of your potential sources of income to ensure you have enough funds to cover essential expenses throughout your lifetime.

Social Security

These income streams include social security payments which are linked to your earning history and the point at which you start receiving benefits. If you've paid into the Social Security system for at least 10 years, you're eligible for payouts once you reach the age of 62. The average monthly benefit as of 2023 stands at $1,841 monthly.

Annuities

While social security plays a significant role in income, many people find that it is not enough to cover all necessities for a comfortable lifestyle. Goldstone can assist you in setting up an annuity – essentially an insurance policy that guarantees an income in retirement regardless of market performance. There are fixed, variable, and indexed annuities and contributions can be paid in a lump sum or throughout your working life.

Personal Savings

You can augment these income sources with personal savings plans in the form of 401(k)s – employer-sponsored accounts in which employees contribute a portion of their salary which is commonly matched or added to by their employer. Other options to consider include individual retirement accounts (IRAs) which are ideal if you're self-employed.

A spokesperson says, “A well-designed retirement plan can ensure that your essential expenses are covered while also providing for your desired lifestyle. Goldstone Financial Group specializes in developing these types of plans so that you can live a life in retirement worthy of the sacrifices you’ve made to get there.”

Don't take a chance with retirement finance, put your faith in Goldstone Financial Group!

For more info, go to https://goldstonefinancialgroup.com/contact-us/

Goldstone Financial Group City: Oakbrook Terrace Address: 18W140 Butterfield Road Website: https://goldstonefinancialgroup.com/ Phone: +1-630-620-9300