For even the most financially literate individual, planning for retirement can be a very challenging undertaking.

The days of relying solely on your pension and Social Security benefit to satisfy your income needs during retirement are long gone. In today’s economic climate, historically low interest rates coupled with high market volatility rates have made planning for retirement difficult and more important than ever.

One of the most difficult aspects of retirement planning is the mental shift it requires. Prior to retirement, your financial life was dictated by an earning and saving paradigm. Once you retire, however, you will no longer be earning a paycheck you can save which means you will need to generate an income through other sources.

A crucial first step toward helping ensure adequate funding throughout your retirement is understanding that the strategies used during the accumulation years (working years) could have a negative impact on your nest egg.   Saving for Retirement  is what you have spent most of your working life accumulating. Now is the time to begin using those savings to create the retirement income you’ll need. There is an important transition that should be made in positioning your money for preservation during your distribution years. 

At LaTour Asset Management, LLC., we can help you review:

• your retirement goals
• your risk tolerance for this next season of your life
• your Retirement budget

Then set into motion a plan to position your money in ways to preserve your hard earned nest egg.  We can potentially create a satisfactory income stream to meet your retirement income goals.  Call us today for a second opinion on your hard earned money.  See if your money is positioned to preserve what you have while drawing a retirement income from your existing assets.

You’ve spent your life working hard for your money and now is the time to let us help you make it work hard for you!