Retirement Consultant in Fairview Heights, IL

Retirement Consultant Fairview Heights, IL. Whether you have your heart set on filling your golden years with holidays in Cartagena, cruising around the hills in a brand new sports car, smoking cigars on the back porch, or leaving as much behind for your kids as possible, you require a committed and skilled retirement consultant to help you reach your dreams. Wherever you are in life at the moment, the Fairview Heights, IL retirement planning advisors at Correct Capital will create 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 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 you personally 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 an abundance of research and data, and understanding of the best strategies to use in the interest of growing your wealth. We are independently owned and will only give you objective and unbiased advice. As fiduciary financial advisors, our relationship with our Fairview Heights, IL clients begins with trust and your peace of mind that we have your best interest at heart.

How to Choose the Right Retirement Consultant for You

You likely have a lot of questions about how to best start your retirement planning, and one of the most essential is how to choose a Fairview Heights, IL retirement consultant you can believe in. There are many of important elements to consider when hiring a retirement consultant.


What Qualifications Does a Retirement Consultant Have?

Anyone can use fictionalized titles like “retirement specialists,” and certain certifications are given through short study and easy exams, or pertain more to advertising than retirement planning. Correct Capital is a knowledgeable and trustworthy team that includes experienced retirement counselors and two Certified Financial Planners (CFP®), a certification that could only be attained through years of experience, extra education requirements, determined study, and passing comprehensive tests. You can be sure that your Correct Capital retirement consultant has the experience and knowledge to effectively advise you in your retirement planning.


Is the Retirement Consultant a Fiduciary?

Investment professionals are bound by one of two sets of standards:

  1. Suitability Standard: This standard is overseen 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 makes no mention of the client’s best interest. Therefore, a broker that is bound by the suitability standard is under no legal duty to follow your best interests instead of their own, and they also have to listen to the broker-dealers they work for. This might mean they make decisions with your money based on the commission they could be paid, or are pushing products that aren’t necessarily in your best interest.
  2. Fiduciary Standard: This standard is regulated by the Securities and Exchange Commission, and any retirement consultant at Correct Capital is legally compelled to comply with it. We are obligated to put your best interests first, behave with the acuity and good judgement of a professional, try to avoid conflicts of interest, disclose unpreventable conflicts, and manage them in your best interest.

The relationship between a Correct Capital retirement consultant and our Fairview Heights, IL clients is built on trust and our personal relationship with each other. 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 regarding 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 Fairview Heights, IL financial advisors and retirement consultants are employed by brokerages, banks, or other financial institutions, and consequently may be limited in the investing options they are able to provide you with, or may sell you products or mutual funds that are not genuinely 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 associated with any one financial institution, and consequently will evaluate a multitude 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 Fairview Heights, IL clients.


Aspects of Retirement Planning Your Retirement Consultant Will Help You Consider

Even experienced investors and financially shrewd Fairview Heights, IL residents can find it complicated to weigh 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 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 decides 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 get to know you, they will create 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 ideal timing and amount of your withdrawals will differ. Different kinds of accounts have different rules, such as minimum withdrawals once you reach a certain age.
  • Calculate a Retirement Budget. The way you want to live your life, together with how much you were able to save and your age, will determine your retirement budget. A talented Fairview Heights, IL retirement consultant can help you raise the amount of funds you have for your budget.
  • Your Current Risk Tolerance. Depending on your age now and what age you plan to retire, your risk tolerance for certain investments will likely be different.

At Correct Capital, our Fairview Heights, IL retirement planning professionals examine the full scope of your finances so each detail of your retirement planning is attended to and optimized.

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Contact a Fairview Heights, IL Retirement Consultant Today | Correct Capital

No matter how close you are to retirement your Fairview Heights, IL Correct Capital retirement consultant will help you feel assured and relaxed about you and your family’s future. Our retirement plan professionals have over three decades of experience helping Fairview Heights, IL residents and families live the life they dreamed of in their retirement. As fiduciary financial advisors, we are legally and ethically compelled to always act in your best interest. To find out more about how we can help you realize your retirement goals, call us at 314-930-401K or contact us online.


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