Retirement Planning


Making sure that you are able to retire when you want and within the lifestyle you desire takes planning. Whether you are saving for retirement, getting ready to retire, or managing money in retirement, we can help. 

Saving for Retirement

First, make sure you are maximizing your employer retirement benefits. If your employer offers a 401(k) plan, make sure you are getting the full match, this should be your first priority. Companies that offer such plans typically match your contribution dollar-for-dollar or 50 cents on the dollar, up to a certain percentage of your contribution. This is “free” money that your employer offers as a benefit for working for them.

How much do you need to retire? 

We recommend you save 15% of your income each year that you work until retirement. This includes any money you put toward your 401(k) or 403(b). 

Before you are 30, you should have an amount saved equal to your salary. If you haven’t started, then get started saving today. Chipping down a little week by week is a lot easier than trying to catch up later down the line. 

By 40, you should aim to have saved three times your income. 

By 50, you should aim to have saved six times your income. 

The age 40-50 are your prime earning years; aim to put as much as possible away during this time. 

This is our general guideline to help ensure you are on track for retirement. How much you actually need will depend on your lifestyle and desires within retirement. 


Time is critical to retirement planning. Deciding the age you want to retire and the amount of time you have to save for retirement will be the foundation on which your financial plan should be built.