.png)
Your Funds. Your Family. Your Future
We're Here to Help!
4 Must Answer Retirement Questions
Can I retire?
Your capacity to retire is determined by two things - Assets & Emotions. Retirement is more than just not working. It's an emotionally tumultuous undertaking that impacts your finances, social circle, and personal identity. Determining if you have enough assets to retire can be accomplished with a comprehensive financial plan. Preparing emotionally for retirement is going to involve conversations on what to expect in this new phase of life. Click below for our retirement transition guide!
What if 2008 happens again?
This is a serious concern! Traditional money managers will say things like, "markets always recover" and think they're relieving your anxiety. It's easy to think that way when you have 20 years until you retire, but clients pulling income out of their investments today need a better solution. This is a central reason for why McMannis Wealth was founded. Retiree's deserve more than words in a recession. Click below to learn how we address this for clients!
How should I be invested?
When it comes to retirement, generating return and avoiding loss are essentially the same. I would argue avoiding loss is more advantageous because of the emotions associated with losing money in uncertain economic times. A prudent retirement portfolio is concerned with both generating return and avoiding loss. Your portfolio needs to be flexible enough to generate income & grow. Click below to learn how we approach constructing a retirement portfolio.
Is there more to retirement than just investments?
So much of the narrative about retirement is focused on stocks & performance. For some advisors it's the only thing they talk about. Retirement involves so much more. Decisions about Social Security, pensions, retirement medical benefits, and so much more can have real impacts on your family's financial future. Did you know that if you pass away your spouse only keeps one Social Security benefit? In addition to that they are transitioned from a married filing tax bracket to the substantially less favorable single bracket. You should be talking to your financial partner about more than just the investments. Click below for our guide on Family Retirement Decisions.