Retirement Consultant Ellisville, MO. Whether you have your heart set on filling your golden years with trips to Cartagena, cruising through the hills in a vintage sports car, smoking cigars on the front porch, or leaving as much behind for your kids as possible, you need a devoted and knowledgeable retirement consultant to help you reach your objectives. Regardless of where you are in life currently, the Ellisville, MO retirement planning advisors at Correct Capital will design a customized roadmap for you to get you from here to where you want to go. Call us today at 314-930-401K or fill out our online contact form.
Your retirement planning needs are based on your personal goals in retirement. When you hire a retirement consultant at Correct Capital, we will begin by getting to know who you are so that we can best realize how we can help you achieve your objectives. As a Registered Investment Advisor, Correct Capital has retirement advisors that have access to a wealth of research and data, and understanding of the best strategies to use in order to grow 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 Ellisville, 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
In all likelihood, you have a lot of questions about your retirement and retirement planning, and chief among them is how to pick a Ellisville, MO retirement consultant you can believe in. There are a variety of important elements to evaluate when hiring a retirement consultant.
What Qualifications Does a Retirement Consultant Have?
Anybody can use fictionalized titles like “retirement specialists,” and certain certifications are awarded through short study and easy exams, or have more to do with advertising than financial planning. Correct Capital is a knowledgeable and trustworthy team that includes experienced retirement counselors and two CERTIFIED FINANCIAL PLANNER™ professionals, a certification that could only be attained through years of experience, extra education requirements, intense study, and passing exhaustive exams. You can trust that your Correct Capital retirement consultant has the experience and knowledge to successfully manage your retirement planning.
Is the Retirement Consultant a Fiduciary?
Investment professionals are bound by one of two sets of standards:
- Suitability Standard: This standard is regulated by the Financial Industry Regulatory Authority (FINRA), and vaguely asserts that an investment professional must pick planning and investment options that are “suitable” for their clients, but makes no mention of the client’s best interest. As such, a broker that follows the suitability standard has no legal obligation to follow your best interests instead of their own, and they also serve the broker-dealers they work for. This could mean they give you retirement advice based on the commission they might receive, 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 acuity and good judgement of a professional, endeavor to avoid conflicts of interest, disclose unavoidable conflicts, and manage them in your best interest.
The relationship between a Correct Capital retirement consultant and our Ellisville, MO clients is based on trust and our personal relationship with each other. We get to know you and your financial planning and retirement planning needs, and each recommendation we give you or decision we make with regard to your wealth is made with the best interest of you and your family in mind.
Who Does the Retirement Consultant Work For?
Many Ellisville, MO financial advisors and retirement consultants are employed by brokerages, banks, or other financial institutions, and consequently may not have a wide range of investing options they are able to 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 affiliated with any one financial institution, and consequently will analyze a variety of investment opportunities to find the ones that work best for your individual needs. Our advice is built on knowledge, experience, in-depth data and analytics, and how we can best serve our Ellisville, MO clients.
Aspects of Retirement Planning Your Retirement Consultant Will Help You Consider
Even experienced investors and financially sharp Ellisville, MO residents can find it complicated to weigh all of their options regarding their 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 different kinds 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 defines your “full” or “normal” retirement age (FRA) based on the year you were born. The social security benefits you receive will be different if you retire earlier or later than your FRA. As our retirement consultants at Correct Capital come to understand who you are and what you need, they will create a retirement plan for you that includes the best age for you to leave the workforce.
- When to Withdraw Money, and How Much to Withdraw. Depending on where your money is being saved and invested, the ideal timing and amount of your withdrawals will change. Different types of accounts have different rules, for example minimum withdrawals after a certain age.
- Determine a Retirement Budget. The type of lifestyle you want, together with how much you were able to save and your age, will determine your retirement budget. A talented Ellisville, MO retirement consultant can help you increase the amount of savings 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 Ellisville, MO retirement planning consultants look at the complete picture of your finances so each aspect of your retirement planning is paid attention 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
- Small Business Retirement Plans
- Tax Planning
- Social Security Consultants Near Me
- Retirement Calculator
Contact a Ellisville, MO Retirement Consultant Today | Correct Capital
No matter how close you are to retirement your Ellisville, MO Correct Capital retirement consultant will help you feel confident and relaxed about you and your family’s future. Our retirement plan advisors have over three decades of experience helping Ellisville, MO residents and families live the life they dreamed of in their golden years. As fiduciary financial advisors, we are legally and ethically bound to always act in your best interest. To learn more about how we can help you realize your retirement goals, call us at 314-930-401K or contact us online.