Retirement Consultant Oakland, MO. Whether you have your heart set on filling your golden years with vacations to Bora Bora, cruising through the hills in a classic sports car, hanging out on the back porch, or leaving as much behind for future generations as possible, you need a committed and knowledgeable retirement consultant to help you achieve your objectives. Wherever you are in life now, the Oakland, MO retirement planning advisors at Correct Capital will implement a personalized 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 determine 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 in order to best realize how we can help you achieve your goals. As a Registered Investment Advisor, Correct Capital has retirement advisors that have access to a wealth 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 never try to sell you on something we don’t believe in ourselves. As fiduciary financial advisors, our relationship with our Oakland, MO 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 probably have a lot of questions about your retirement and retirement planning, and principal among them is how to pick a Oakland, MO retirement consultant you can trust. There are a lot of of important elements to consider 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 pertain more to marketing than retirement planning. Correct Capital is an experienced and trustworthy team that includes experienced retirement counselors and two CERTIFIED FINANCIAL PLANNER™ professionals, a certification that could only be acquired through years of experience, extra education requirements, dedicated study, and passing exhaustive tests. You can believe that your Correct Capital retirement consultant has the experience and knowledge to successfully advise you in your retirement planning.
Is the Retirement Consultant a Fiduciary?
Investment professionals are obligated to follow one of two sets of standards:
- Suitability Standard: This standard is determined 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 not necessarily the client’s best interest. As such, a broker that is bound by the suitability standard carries no legal duty to follow your best interests instead of their own, and they also serve the broker-dealers who employ them. This could mean they make decisions with your money based on the commission they could receive, or are selling products that might not be in your best interest.
- Fiduciary Standard: This standard is set by the Securities and Exchange Commission, and any retirement consultant at Correct Capital is legally compelled to follow it. We are obligated to put your best interests first, behave with the acuity and good judgement of a professional, strive to avoid conflicts of interest, disclose unpreventable conflicts, and manage them in your best interest.
At Correct Capital, we build personal relationships with our Oakland, MO clients that are built on trust. We get to know you and your financial planning and retirement planning needs, and every recommendation we give you or decision we make with regard to your wealth is made with the best interest of you and your family at heart.
Who Does the Retirement Consultant Work For?
A lot of Oakland, MO financial advisors and retirement consultants work for brokerages, banks, or other financial institutions, and therefore might be limited in the investing options they are able to offer you, 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 associated with any one financial institution, and thusly will evaluate a multitude of investment options to find the ones that fit best with you and your needs. Our advice is grounded in knowledge, experience, in-depth data and analytics, and how we can best serve our Oakland, MO clients.
Aspects of Retirement Planning Your Retirement Consultant Will Help You Consider
Even experienced investors and financially shrewd Oakland, MO residents can find it complicated 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 aspects of retirement planning Correct Capital can help with are:
- Tax Implications. How much you pay in taxes and when you pay them depends on which kind of account, 401(k), or IRA you saved your money in.
- What Age to Retire. The Social Security Agency defines your “full” or “normal” retirement age (FRA) based on your birth year. The social security benefits you receive will vary 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 draw up a retirement plan for you that includes the ideal age for you to retire.
- 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 kinds of accounts have different rules, such as minimum withdrawals after 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 dictate your retirement budget. A talented Oakland, MO retirement consultant can help you increase the amount of funds 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 Oakland, MO retirement planning consultants look at the complete picture of your finances so each facet 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
- Small Business Retirement Plans
- Tax Planning
Contact a Oakland, MO Retirement Consultant Today | Correct Capital
Whether you’re nearing retirement, or just want to plan as far ahead as possible, your Oakland, MO Correct Capital retirement consultant will help you feel assured and relaxed about how your wealth is growing for the future. Our retirement plan specialists have over 30 years of experience helping Oakland, MO residents and families live the life they dreamed of in their retirement. As fiduciary financial advisors, we are legally and ethically bound to always act in your best interest. To discover more about how we can help you accomplish your retirement goals, call us at 877-930-4015 or contact us online.
