Retirement Income Planning, San Diego
- with Compound Wealth Advisors

Planning Your Retirement

You worked hard to build a nest egg, but do you know all the landmines that can rob you of your dreams? Most people don’t realize how many things they need to do to enjoy a worry-free retirement.

In retirement, your needs change. You need a dependable stream of income to maintain your lifestyle. You need a tax efficient strategy for withdrawing money from your retirement accounts. You need a plan to fund your future health care costs. You need to know how to manage your investments as you age, how to calculate spending guardrails, and employ strategies to reduce your taxes.

Your needs may seem endless, but a Certified Financial Planner Professional can help.

Why is Retirement Planning Important?

Securing Financial Peace of Mind in Your Golden Years

As you approach retirement, financial independence becomes more critical than ever. A well structured plan will ensure that you can enjoy retirement without financial concerns. Your plan should match your resources with your values and your vision for the future.

Protecting Your Family’s Well-Being

Retirement planning isn’t just about your future—it’s about your loved ones too. By addressing essentials like income replacement, long-term care, and estate planning, you can protect your spouse and family from financial challenges. This planning ensures that your legacy is passed on according to your wishes while maintaining stability for those you care about most.

Enjoying Life on Your Terms

With proper planning, retirement can be the most rewarding phase of your life. Whether it’s traveling, pursuing hobbies, or spending time with grandchildren, a clear financial strategy lets you focus on the things that matter most. Planning ensures you have the freedom to enjoy these opportunities while avoiding unnecessary stress or sacrifice.

The Role of Retirement Planning Advisors

Assessing Financial Needs and Goals

Advisors should always begin an engagement by understanding your current financial situation, lifestyle goals, and retirement aspirations. They evaluate factors like income, savings, investments, and expenses to create a comprehensive picture of your financial health, values and aspirations.

Developing Tailored Strategies

Based on your unique circumstances, advisors design personalized strategies to meet your goals. This includes budgeting, investment planning, tax strategies, and determining optimal savings methods to maximize income and minimize taxes.

Addressing Risks

Retirement advisors can identify and mitigate risks, such as market volatility, inflation, healthcare costs, and longevity risk. And they can ensure that your financial plan is robust enough to handle unforeseen challenges.

Providing Ongoing Guidance

Retirement planning is not a one-time event but an evolving process. Advisors regularly review and adjust plans as your circumstances, market conditions, and goals change.

Estate and Legacy Planning

Advisors can help ensure that your assets are distributed according to your wishes, offering guidance on wills, trusts, and charitable giving.

Benefits of Working with a Professional Wealth Advisor

Personalized Advice

Professional advisors tailor their recommendations to your specific situation. This personalized approach ensures that your plan aligns with your unique goals.

Expert Knowledge

Advisors bring years of expertise in financial planning, investments, tax strategies, and knowledge of retirement laws. Their knowledge can help you make informed decisions and avoid costly mistakes.

Access to Resources

Advisors provide access to tools, technology, and investment platforms that may not be available to individual investors. They can also connect you with specialists, such as estate attorneys or tax professionals, to address complex needs.

Time Savings

Retirement planning can be time-intensive. A professional advisor handles the details, allowing you to focus on your priorities while ensuring that your financial plan remains on track.

Peace of Mind

With an advisor managing your financial plan, you gain confidence knowing that a professional is working to secure your future and protect your family’s well-being.

Who We Are - Compound Wealth Advisors

  • Compound Wealth Advisors was founded in 2017 to provide retirement planning services to individuals and their families. Stuart Schiffman founded the company to serve the needs of so many individuals who desire fiduciary financial advice.
  • We serve our clients by first taking the time to understand their concerns, needs and goals. Values and visions for the future as well as current concerns. The next step is to gather financial data, analyze the information and come up with strategies to realize our client’s goals. We discuss the merits and drawbacks of each major decision so that our clients are partners in the process.

Services Offered by our Wealth Advising Firm

  • Compound Wealth Advisors offers a suite of comprehensive financial services from investment management to tax and estate planning. By virtue of fee-only structure, we will recommend outside professionals as needed to complement our in-house services.
  • At Compound Wealth Advisors we believe that your needs come first. We offer a complimentary session with a retirement coach before we begin working on your financial plan. We feel that it is critical to get to know you before we can make any recommendations.

Working with Compound Wealth Advisors

  • An initial free consultation is available for qualified candidates. This twenty minute introduction will help us mutually decide if there is a good fit between your needs and our services. We will discuss your concerns, goals and resources.
  • If we mutually agree that there is a good fit between your needs and our services, then we can schedule your free Get Retire Ready assessment. This assessment is divided into two parts. The first is a complimentary assessment with a retirement coach to identify your values and vision for the future. The second is a high level exercise that determines the probability of a successful retirement based on your current lifestyle and financial resources.
  • At this point you can decide to move to the next step to develop a comprehensive financial plan. The plan costs $2500-$3500 depending on the complexity but but we will credit the cost back to you if you choose to become a client. Client fees are based on a sliding scale depending on the amount of assets we manage for you.

Let’s Get Retire Ready

  • Financial advisors can play a critical role in allowing you to create the most meaningful future you can imagine. An experienced advisor will free you from financial concerns and allow you to focus on those activities that are most meaningful to you.
  • Seeking professional guidance from an retirement planning advisor is crucial to secure your future. At Compound Wealth Advisors, we combine years of experience with professional certifications to offer you a highly customized and thorough planning experience.
  • Choosing Compound Wealth Advisors is an excellent choice for anyone looking to retire comfortably in San Diego. Take the first step towards a worry-free retirement by scheduling a consultation with us today.

Additional Resources

  • There is a wealth of information on our website for individuals planning for retirement or for those that have already retired. Visit our blogs, press section, and links to resources for additional information.
  • We encourage individuals to educate themselves and seek professional guidance on more complex matters
  • We recommend reading “How to Retire: Twenty Lessons for a Succesful Retirement” by Christine Benz

Get Retire Ready

Live your golden years with confidence. We offer pre-retirees and retirees an opportunity to check that their investments, insurance, tax and estate planning all align with their retirement goals. Schedule your free retirement readiness assessment today. Please note this is available to qualified candidates only.

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