Dependable Retirement Planning Advisors

Davie Retirement Planning

Davie retirement planning is one way to ensure you spend your golden years in Florida sunning on Miami Beach. Stepping down from your position at your current employer and leaving the workforce can sometimes be a difficult period. Ensuring you did the proper planning along the way to make sure your retirement is comfortable and stress free is incredibly important. Do not wait too long to start saving in Davie, start now by using our form to connect with a local professional in FL who can help.

Life and Disability Insurance Needs

When planning for your retirement in Davie, it can be easy to overlook your life insurance needs. You may have some coverage afforded to your through your job but it is usually nowhere near the total amount you need. The correct amount depends on many factors, including your age, health, and the number of dependent you have. If you bought some life insurance in Davie many years ago, you need to revisit if it is still the appropriate level of coverage.

A Davie retirement planning expert can help you identify if you are over or under insured. If you are married and your spouse does not work, you may need to increase the amount you have on yourself to help provide for their future income needs. If you should pass, are you one hundred percent certain your partner will be taken care of? Talk to a Davie retirement planning professional to determine how much insurance you need now because you never know if you will be here tomorrow.

Take some time to explore whether term life insurance or whole life makes more sense for your situation. Term is the cheaper of the two and whole life comes in many different forms. Some Florida retirement planning experts in Davie may advise you to buy term and invest the rest of the money you would have spent on whole life in the stock market. Many people in Florida may have the idea in their head that insurance planning is too expensive to do. Even into your forties, if you are healthy and do not smoke cigarettes, term coverage can be around one or two dollars at day for hundreds of thousands in protection.

Davie retirement planning encompasses many different aspects of your life and you need to start arranging all of the pieces when you are younger. Exposing your assets when you are close to retirement can put all of your plans in jeopardy. A Davie retirement planning representative may also have you consider buying disability protection. After all, your ability to earn an income is the central aspect of being able to save.

According to a personal financial planning instructor at the University of Missouri, "The probability of being disabled is much higher than the probability of dying. A twenty-two year old male is nearly eight times more likely to be disabled for three or more months than he is to die. Between the ages of thirty-five and sixty-five, one has a twenty five percent chance of being disabled for one year or more and a five percent chance of being disabled permanently." [1]

These figures go to show you that replacing your income in the case of a disability is instrumental when saving for your retirement in FL. Have this chat with a Davie retirement planning representative to make sure that if something were to happen, you would still be able to stop working when you want to. Buying the correct level of protection, for your life or income earning potential, is a must.

Retire in the Perfect Climate

Florida is the perfect place to spend your retirement years because of its nice weather. Being situated near Miami, in south-east FL will make sure there are plenty of activities to keep your days as fun-filled as you like. Davie retirement planning can help you decide if this is where you want to be when your career comes to an end.

Planning for your future is critical if you want the freedom to live your life independently as you start to get older. Davie offers many avenues for entertainment. If you enjoy watching professional football, the Miami Dolphins stadium and training facility is located nearby that you might be able to get an autograph from your favorite player. A Davie retirement planning expert can help you achieve the goal of securing tickets to all the Dolphins home games if that is one of your goals.

Davie retirement planning lets you live the life you want in your golden years. If you would like to get started today, use our site to locate a professional in your area to begin arranging for your retirement in Davie. There are many qualified locals who can organize your finances and get you on the path to achieve your desires.

http://missourifamilies.org/features/financearticles/disabilins.htm Retrieved 2011-10-15.

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Retirement Planners In Davie

Christopher Price CFP, RICP
Christopher Price CFP, RICP
1200 S Pine Island Rd
Suite 350
Plantation, FL 33324

Jonathon Kollra
Jonathon Kollra
2 S. University Dr. Suite 231
Davie, FL 33324

Paul Porter,CFP
Paul Porter,CFP
808 Polk Street
Hollywood, FL 33019

Kenneth S. Feyers
Kenneth S. Feyers
11555 Heron Bay Blvd.
suite #200
Coral Springs, FL 33076

Andrew Carrillo CFP, AWMA, CRPC
Andrew Carrillo CFP, AWMA, CRPC
1428 Brickell Ave Suite 500
Miami, FL 33131

Jonathon Kollra
Jonathon Kollra
201 South Biscayne Blvd. 28th Floor
Miami, FL 33131

Jonathon Kollra
Jonathon Kollra
9100 S Dadeland Blvd. Suite 1500
Pinecrest, FL 33156

Michael Kalisch
Michael Kalisch
5550 Glades Rd Suite 500
Boca Raton, FL 33431

Jonathon Kollra
Jonathon Kollra
2255 Glades Rd. Suite 324A
Boca Raton, FL 33431

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