comprehensive: complete and including everything that is necessary.
Blooming Tree Wealth Management prides itself on providing comprehensive retirement plans, but what is a comprehensive retirement plan?
What a comprehensive retirement plan is depends entirely on you. After all, it is your retirement we’re planning, and what you want and need will and should be different from someone else.
Comprehensive Retirement Plans
A retirement plan is much more in-depth than simply creating a retirement investment account and more strategic than setting a monetary goal you’re trying to reach. Retiring comfortably and achieving your ultimate goals goes beyond reaching a specific benchmark in terms of the value of your retirement investment account.
Money is a terrible scoreboard but a powerful tool. A comprehensive retirement plan captures what your money can do, and currently does for you.
Parts of a comprehensive retirement plan, which will be designed around your assets, wants, and needs, may include the following:
- Streams of Income
- Current and Future Expenses
- Savings Program
- Current Assets
- Expected Cash Flows
- Your Gap Number
- And More!
Need help developing your comprehensive retirement plan? Contact us today here, or call us at 309-300-2760.