Goldstone Financial Group (630-620-9300) in Nashville is on a mission to help older generations build their 401(k)s even after they stop paying into them. If you don’t have a retirement plan, Goldstone believes it’s never too late to get started.
Just because you’re coming to the end of your career doesn’t mean your 401(k) can’t keep growing without your regular paycheck. If you’re newly retired or are about to take that big step into your golden years, Goldstone Financial Group is here to help.
Goldstone Financial Group’s retirement planning service has been developed specifically for those who are approaching retirement or are recently retired. With a primary focus on optimizing and building 401(k) plans, this specialized service has been created to assist you if you are approaching retirement age and know you will stop contributing to your 401(k) shortly, or if you have recently stopped working and have now become reliant on your 401(k) savings and other investments.
Go to https://goldstonefinancialgroup.com/ to find out more.
Given that 401(k)s were only introduced in America in 1978 and took many years to become the dominant form of retirement savings, if you are approaching retirement age today, you may not be able to effectively accrue savings and tax benefits through a 401(k) throughout your lifetime. As one senior financial advisor at Goldstone, Phillip Shaw, CFP®, explained, your generation has also experienced significant shifts in employment trends, economic fluctuations, and changes in retirement policies that have undoubtedly shaped your financial outcomes in ways beyond your control.
Shaw added that these factors, combined with longer life expectancies, make it imperative for you to seek professional guidance in order to ensure that your 401(k) plan continues to grow, even when you are no longer actively paying funds into it from your current employment.
With their 401(k) focused financial advisory service, the experienced retirement planners at Goldstone Financial Group will first evaluate your overall retirement plan, including your current 401(k) balance and structure. Then, together with you, they will seek to optimize your 401(k), by utilizing different investment choices and tools like rolling over funds.
Goldstone Financial Group also offers its retirement planning service in response to ongoing changes that have been made to the structures of 401(k)s. Phillip Shaw, CFP®, believes they can be confusing and overwhelming to you if you have no financial experience, especially if you were first put into a 401(k) program in an unclear and non-transparent way back in the 1980s.
Goldstone also believes that, whether you are close to retirement or newly retired, you need your own dedicated 401(k) financial advisory service because you have less time to recover from any financial setback. Thus, Goldstone provides retirement planning support to help you strike the right balance between risk and growth, and to safeguard your assets while also ensuring sufficient returns to sustain your retirement lifestyle.
Anthony Pellegrino, the CEO and Founder of Goldstone Financial Group said of their service, “Personal savings, such as 401(k) plans, are a particularly important source of income in retirement. It’s important to create a plan to withdraw your savings in a tax-efficient manner and ensure that your savings last throughout your retirement. Goldstone Financial Group can help you develop that plan, one that maximizes your income sources, minimizes taxes, and provides for your essential expenses.”
They call it a 401(k) plan, but if you really don’t have a plan for how you’re using it, it is probably going to waste.
Visit https://goldstonefinancialgroup.com/contact-us/ to see how Goldstone Financial Group can help you optimize your 401(k) and your retirement lifestyle.
