Retirees And Pre-Retirees
RETIREES AND PRE-RETIREES
The timing, shape and meaning of retirement are transforming and no longer means the end of work, but rather having greater freedom to choose whether and how much one wants to work.
For retirees and pre-retirees, using Tesoro Capital Management offers
invaluable benefits for securing and optimizing their financial future.
As individuals approach or enter retirement, they face unique financial challenges, including the need to transition from wealth accumulation to wealth preservation and income generation.
Tesoro Capital Management brings expertise in crafting strategies tailored to these specific
needs, focusing on minimizing risks while ensuring a steady income stream to support
retirement lifestyles.
TCM also provides insights into complex retirement planning topics such as social security optimization, pension management, and healthcare costs planning.
Additionally, TCM can offer estate planning services, ensuring that retirees’ financial legacies are managed according to their wishes.
Moreover, with the financial landscape continually evolving, having a professional team that stays abreast of changes in tax laws, market fluctuations, and investment opportunities is crucial.
This guidance is especially important for pre-retirees, who must make pivotal decisions that will impact their financial security in retirement.
In essence, TCM acts as a navigator, helping retirees and pre-retirees steer through the financial intricacies of their golden years with confidence and peace of mind.
All too often, people retire without a sound retirement plan that allows them to live in the lifestyle they desire. After all, people spend most of their lives working so that eventually they can retire without significant worries. Proper retirement planning is essential.
The challenge to retirement investing, however, comes from the wide range of risks facing today’s retirees.
Consider some of the various factors that will affect your retirement:
- Rising health care costs have increased almost 10% per year for the last decade.
- Income tax rates, which have been on a decline since Ronald Reagan was in office, are likely to increase in the future as budget deficits soar.
- The Social Security system is in jeopardy and its future is uncertain.
- Energy costs and general living expenses have increased at different rates, which impacts retirees, depending on lifestyle choices.
- People are living longer, which increases the risk of potentially outliving one’s resources.
- Families are expanding and may require financial help from their retired parents.
- Investment returns, especially in the stock market, have become more volatile and less predictable. Meanwhile, higher correlation rates between asset classes mean that markets now tend to move together more closely, blunting traditional methods of diversification.
- Investing in general has become entirely more complex as the world transforms into a truly global marketplace and trading inefficiencies that once existed have become extinct.
These uncertainties and changes need to be addressed by a financial advisor and wealth management firm that has demonstrated success during the last three decades.
Tesoro Capital Management is the firm of choice for many retirees.
We offer sound retirement investing strategies that are based on the experience we have gained in helping thousands of individuals retire and stay retired with a comfortable lifestyle.