With the landscape of retirement evolving and traditional sources like pensions and Social Security facing challenges, the question on the minds of many older adults is, “How much do I need to retire?” At Meridian Retirement Solutions, we understand the complexities of this question and strive to provide personalized retirement income planning to suit your unique needs and goals.
Building Relationships and Portfolios
Led by the seasoned expertise of Larry Goldstein, our Boca Raton-based retirement planning firm distinguishes itself by fostering one-on-one relationships with each client. Despite being a boutique firm, we deliver high-quality services comparable to corporate giants. We invite all residents in the Boca Raton area to visit our office for discussions on retirement planning, wealth management, Social Security, and any other concerns related to their long-term financial well-being.
A Simple Strategy for a Carefree Retirement
Our approach at Meridian Retirement Solutions is straightforward and effective:
- Ensure Your Retirement Income on a Monthly Schedule: We work with you to develop a lifetime income plan, providing a foundation for reliable and sustainable income throughout your retirement.
- Manage the Remainder of Your Assets for Aggressive Growth: We guide you in maximizing the money market portion of your portfolio, allowing for continued wealth-building without compromising the security of your future.
- Enjoy a Carefree Retirement Without Financial Worries: By implementing personalized strategies, we aim to ensure that your retirement is marked by financial stability and peace of mind.
Social Security Maximization
The decision of when to claim Social Security benefits is crucial and requires careful consideration. Our experts at Meridian Retirement Solutions collaborate with you to maximize Social Security benefits based on factors such as non-Social Security income, net worth, family history, and longevity. We provide a complimentary report in partnership with Dr. Laurence Kotlikoff, America’s foremost expert on Social Security, to aid in making informed decisions about your benefits.
Retirement Income Planning
Our unique approach to retirement income planning involves:
- Developing a Lifetime Income Plan: Tailored to your needs, this plan serves as a foundation or stepping stone, ensuring reliable and sustainable income for life.
- Exploring Social Security Maximization: We analyze various strategies, working to maximize your Social Security benefits and complementing them with a comprehensive retirement spending plan.
- Managing Portfolio Growth: We employ strategies to support aggressive growth while incorporating stop-loss mechanisms to remove emotional biases from investment decisions.
Efficient Tax Planning
Minimizing tax obligations is often overlooked but is crucial for maximizing your wealth over a lifetime. At Meridian Retirement Solutions, we focus on tax efficiencies, exploring options such as ROTH IRA conversions. By understanding the long-term implications of tax planning, we help you keep more of what you accumulate throughout your life.
Long-Term Care Planning
As the cost of long-term care rises, planning ahead becomes imperative. Our experts emphasize the significance of long-term care insurance as part of a comprehensive financial plan. Planning for potential future needs can safeguard your assets and ensure financial stability in the face of significant costs.
Investing for a Secure Retirement
Larry and the team at Meridian empower you to build a sound investment portfolio with a focus on risk management and asset preservation. The key question we pose is, “What is most important to me: outperforming the stock market or meeting my family’s income needs over the next 10, 20, 30+ years?” Our approach ensures that your investments align with your long-term financial goals, providing security and peace of mind during your retirement years.
At Meridian Retirement Solutions, we go beyond financial planning; we build relationships and craft personalized solutions for a fulfilling and worry-free retirement. Visit our office in Boca Raton, and let’s embark on a journey to secure your financial future.