Retirement Consultant St. Louis, MO. Whether you plan on filling your golden years with holidays in Maui, driving around the hills in a brand new sports car, smoking cigars on the back porch, or leaving the biggest possible inheritance behind for your kids as possible, you need a devoted and experienced retirement consultant to help you achieve your goals. Regardless of where you are in life at the moment, the St. Louis, MO retirement planning advisors at Correct Capital will create 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 you personally in order to best understand how we can help you realize your dreams. As a Registered Investment Advisor, Correct Capital has retirement advisors that have access to an abundance of research and data, and knowledge 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 St. Louis, 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
In all likelihood, you have a lot of questions about how to best start your retirement planning, and one of the most essential is how to decide on a St. Louis, MO retirement consultant you can believe in. There are a lot of of important facets to think about when hiring a retirement consultant.
What Qualifications Does a Retirement Consultant Have?
Anybody can use fictionalized titles like “retirement specialists,” and many certifications are received through short study and easy exams, or pertain more to marketing than retirement 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 acquired through years of experience, extra education requirements, intense study, and passing comprehensive exams. You can be sure 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 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 choose planning and investment options that are “suitable” for their clients, but not necessarily the client’s best option. As such, a broker that is bound by the suitability standard carries no legal obligation to work for 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 get, or are pushing products that aren’t necessarily 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 bound to it. We are obligated to put your best interests first, manage your account with the acuity and discernment of a professional, strive to avoid conflicts of interest, disclose unavoidable conflicts, and manage them in the way that’s best for your and your money.
At Correct Capital, we build personal relationships with our St. Louis, MO clients that are based on trust. We get to know you and your financial planning and retirement planning needs, and each recommendation we give you or decision we make concerning 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 St. Louis, MO financial advisors and retirement consultants are employed by brokerages, banks, or other financial institutions, and consequently may be limited in the investing options they can offer you, or may sell you products or mutual funds that are not actually 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 one financial institution, and consequently will analyze a plethora of investment options to find the ones that work best for your individual needs. Our advice is grounded in knowledge, experience, in-depth data and analytics, and how we can best serve our St. Louis, MO clients.
Aspects of Retirement Planning Your Retirement Consultant Will Help You Consider
Even experienced investors and financially smart St. Louis, 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 judge how to manage your savings and retirement funds. Among the elements 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 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 best timing and amount of your withdrawals will differ. Different kinds of accounts have different rules, for example minimum withdrawals after a certain age.
- Determine a Retirement Budget. The way you want to live your life, combined with how much you were able to save and your age, will decide your retirement budget. A knowledgeable St. Louis, MO retirement consultant can help you raise the amount of savings 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 St. Louis, MO retirement planning consultants examine the full scope of your finances so each aspect of your retirement planning is attended to and optimized.
Take a look at the links below to see what other financial services we offer:
- Financial Planning
- Retirement Plan Consultants
- 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 St. Louis, MO Retirement Consultant Today | Correct Capital
No matter how close you are to retirement your St. Louis, MO Correct Capital retirement consultant will help you feel assured and at ease about how your wealth is growing for the future. Our retirement plan professionals have over 30 years of experience helping St. Louis, 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 financial goals, call us at 877-930-4015 or contact us online.
