Retirement Consultant Crestwood, MO. Whether you have your heart set on filling your golden years with holidays in Maui, driving through the city in a brand new sports car, hanging out on the back porch, or leaving the biggest possible inheritance behind for future generations as possible, you require a devoted and experienced retirement consultant to help you realize your objectives. No matter where you are in life at the moment, the Crestwood, MO retirement planning advisors at Correct Capital will construct a customized roadmap for you to get you from here to where you want to go. Call us today at 877-930-4015 or fill out our online contact form.
Your personal retirement goals will decide what you require from a retirement consultant. When you hire a retirement consultant at Correct Capital, we will begin by getting to know who you are so that we can recognize how we can help you realize your objectives. As a Registered Investment Advisor, Correct Capital has retirement advisors that have access to a wide array of research and data, and we know the best strategies to employ in the interest of growing your wealth. We are independently owned and will only give you objective and unbiased advice. As fiduciary financial advisors, trust is at the core of our relationships with all our Crestwood, MO clients, and we want you to have peace of mind that we have your best interest at heart.
How to Choose the Right Retirement Consultant for You
You probably have a lot of questions about your retirement and retirement planning, and one of the most essential is how to decide on a Crestwood, MO retirement consultant you can trust. There are a variety of important factors to consider when hiring a retirement consultant.
What Qualifications Does a Retirement Consultant Have?
Anybody can use made up titles like “retirement specialists,” and many certifications are given through short study and easy exams, or focus more on advertising than financial planning. Correct Capital is an accomplished and trustworthy team that includes experienced retirement counselors and two CERTIFIED FINANCIAL PLANNER™ professionals, a certification that could only be achieved through years of experience, extra education requirements, dedicated study, and passing comprehensive tests. You can trust that your Correct Capital retirement consultant has the experience and knowledge to effectively manage your retirement planning.
Is the Retirement Consultant a Fiduciary?
Investment professionals are required to follow one of two sets of standards:
- Suitability Standard: This standard is regulated by the Financial Industry Regulatory Authority (FINRA), and vaguely says that an investment professional must choose planning and investment options that are “suitable” for their clients, but not necessarily the client’s best option. That means a broker that complies with the suitability standard feels no legal duty to follow your best interests instead of their own, and they also serve the broker-dealers who hire them. This might mean they give you retirement advice based on the commission they might get, or are pushing products that aren’t necessarily in your best interest.
- Fiduciary Standard: This standard is overseen by the Securities and Exchange Commission, and any retirement consultant at Correct Capital is legally bound to it. We are obligated to have your best interest at heart, manage your account with the deftness and good judgement of a professional, endeavor to avoid conflicts of interest, disclose unpreventable conflicts, and manage them in the way that’s best for your and your money.
At Correct Capital, we build personal relationships with our Crestwood, MO clients that are based on trust. We get to know you and your financial planning and retirement planning needs, and every piece of guidance we give you or decision we make concerning your wealth is made with the best interest of you and your family in mind.
Who Does the Retirement Consultant Work For?
A lot of Crestwood, MO financial advisors and retirement consultants are employed by brokerages, banks, or other financial institutions, and therefore may be limited in the investing options they can provide you with, or may sell you products or mutual funds that are not really in your best interest. Your Correct Capital retirement consultant works for you and will act as your advocate. We give you our I.O.U. promise: we are independent, objective, and offer unbiased advice. We are not connected with any single financial institution, and thusly will analyze a plethora of investment opportunities to find the ones that fit best with you and your needs. Our advice is built on knowledge, experience, in-depth data and analytics, and how we can best serve our Crestwood, MO clients.
Aspects of Retirement Planning Your Retirement Consultant Will Help You Consider
Even experienced investors and financially smart Crestwood, MO residents can find it complex to balance all of their options when it comes to retirement planning. A trustworthy and savvy retirement consultant can help you best determine how to manage your savings and retirement funds. Among the elements of retirement planning Correct Capital can help with are:
- Tax Implications. Depending on how your money was saved in various types of accounts, 401(k)s, or IRAs, there can be a lot of variance in how much you will pay in taxes and when you will pay them.
- What Age to Retire. The Social Security Agency decides your “full” or “normal” retirement age (FRA) based on your birth year. The social security benefits you receive will be different if you retire before or after your FRA. As our retirement consultants at Correct Capital come to understand who you are and what you need, they will develop a retirement plan for you that includes the ideal age for you to stop working.
- When to Withdraw Money, and How Much to Withdraw. Depending on where your money is being saved and invested, the optimal timing and amount of your withdrawals will change. Different types of accounts have different rules, for example minimum withdrawals after a certain age.
- Calculate a Retirement Budget. The kind of lifestyle you want, combined with how much you were able to save and your age, will decide your retirement budget. A skilled Crestwood, MO retirement consultant can help you raise the amount of money you have for your budget.
- Your Current Risk Tolerance. You may have a higher tolerance for, or aversion to risk, based on how close you are to your retirement age.
At Correct Capital, our Crestwood, MO retirement planning professionals look at the complete picture of your finances so each detail of your retirement planning is attended to and optimized.
Take a look at the links below to see what other financial services we offer:
- Succession Planning
- Fiduciary Financial Advisor
- Company 401(k) Plans
- ESOP Advisor
- Self-Employed Retirement Plans
- 401(k) For Small Business
Contact a Crestwood, MO Retirement Consultant Today | Correct Capital
Whether you’re nearing retirement, or just want to plan as far ahead as possible, your Crestwood, MO Correct Capital retirement consultant will help you feel confident and at ease about you and your family’s future. Our retirement plan specialists have over three decades of experience helping Crestwood, MO residents and families live the life they dreamed of in their golden years. As fiduciary financial advisors, we are legally and ethically compelled to always act in your best interest. To learn more about how we can help you achieve your financial goals, call us at 877-930-4015 or contact us online.
